206 3089 Oak St, Vancouver BC - Apartment/Condo for Sale - MLS# R3118794

$499,800
Est. Mortgage $2,211/mo
Fairview Vw
1 Beds
1 Baths
547 sqft
914 $ /sqft
435.9 $ Maint. fee
2004 built
7.1% price reduction
$499,800
$538,000
Est. $2,211/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 206 3089 Oak Street

7.1% price reduction

Best value in the area for a 1 bedroom plus den in a prime central location. This bright and functional home features an open layout, cozy fireplace, and a versatile den ideal for a home office or nursery. Well maintained with updated flooring and appliances, offering a move in ready opportunity for first time buyers or investors. Steps to shopping, transit, and Vancouver General Hospital. Priced to attract attention. Open house June 28th 2 - 4 pm.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 1
Heating Type Baseboard
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $499,800
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 547
Year Built 2004
Age Of Building 22
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Building Name Fairview Vw
Ownership Type Freehold Strata
Maintenance Fee $435.9
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites None
Units In Development 29

Lot & Land

Lot Size Depth Feet
MLS® # R3118794
Area Vancouver West
Neighbourhood Fairview VW
City Vancouver
Postal Code V6H 2K8
Gross Taxes $1,478.06
Zoning C2

Property Timeline

Status Date Price
R3118794 / Active 05-04-2026 $499,800
R3080573 / Terminated 01-19-2026 $558,888
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 13'5 x 13'5 ft
Main Level Living Room 19'11 x 19'11 ft
Main Level Kitchen 10'1 x 10'1 ft
Main Level Den 5'7 x 5'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal First Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Emily Carr Elementary School
Above Average
0.88 km
7.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Blessed Sacrament School
Above Average
0.54 km
8/10
Secondary
Canada Royal Arts High School
Average
0.71 km
4.6/10

Closest Transit

Bus Stop
Westbound W 16 Ave @ Oak St
0.1 km
Skytrain
Skytrain @ Broadway-City Hall Stn
1.03 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
51.6%
No Certificate/Degree
Below Average
3.7%
Owner Occupied
Below Average
46%
Employment Rate
Below Average
28.6%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

64 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $567,023
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.03 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How FAIRVIEW VW compares
This property
67 DOM
Listed
Fairview VW avg
Vancouver avg

206 3089 Oak Street has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 13.5% below comparable active properties in Fairview VW, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6H 2K8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6H 2K8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.6 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 206 3089 Oak Street

Pre-computed routes from 206 3089 Oak St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Broadway-City Hall → Waterfront
    22 min
  • Metrotown, Burnaby via Broadway-City Hall → Metrotown
    40 min
  • SFU Burnaby via Broadway-City Hall → Production Way
    47 min
  • Richmond Centre via Broadway-City Hall → Brighouse
    33 min
  • YVR Airport via Broadway-City Hall → YVR-Airport
    34 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    4 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    18 min
  • Richmond Centre via No. 3 Rd
    12 min
  • YVR Airport via Bridgeport / Sea Island
    10 min

Calculate your commute

206 3089 Oak St, Vancouver, BC is ideally located for commuters. The property is 1.0 km from Broadway-City Hall, with a 22 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 16 Ave @ Oak St (0.1 km). Walk Score Transit rating: Excellent Transit (76/100).

Walkability & Transit Near 206 3089 Oak Street

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 206 3089 Oak Street

2026 assessed value, sourced from City of Vancouver open data (PID 026-072-742).
Total Assessed Value (2026)
$517,800
+9.2% YoY
+0.7%/yr over 4 yr
2022 Value Trend 2026
Land
$378,800
Buildings
$139,000
Year Built
2004
Class
Commercial
Zoning
C-2
Property Tax
$1,742
Year Land Improvements Total Assessed YOY Change
2026 $378,800 $139,000 $517,800
+9.2%
2025 $369,000 $105,000 $474,000
+1.3%
2024 $364,000 $104,000 $468,000
-0.4%
2023 $366,000 $104,000 $470,000
-6.7%
2022 $382,000 $122,000 $504,000

Mortgage Calculator for 206 3089 Oak Street

/month
Principal & Interest
Property Taxes $123
Maintenance fee 435.9
Financing 80% of the $499,800 asking price over 30 years at 4% results in approximately $2,468/month in total estimated carrying costs, $123 property tax, $436 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,899/month in rental income, leaving a -$627/month cashflow at current carrying costs. Investors targeting break-even would need roughly 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Fairview VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $499,800
Vancouver Loading...
Fairview VW Loading...

Based on 15 comparable active apartments/condos in Fairview VW, the average asking price is $637,133. This listing is priced 21.6% below the neighbourhood average. This property is flagged as a Hot Deal (7.1% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 206 3089 Oak Street

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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