512 - 2689 Kingsway, Vancouver, V5R 0C3 — photo 1

$489,000

512 - 2689 Kingsway, Vancouver, V5R 0C3
Active
1 Bedrooms 1 Bathrooms 539 sqft Built 2015 Residential

About This Property

Bright and quiet upper unit at the back side of the building, offering breathtaking city and mountain views. Features a spacious balcony, bright and quiet inside. Open-concept kitchen with elegant quartz countertops and stainless steel appliances, plus generously sized rooms. Includes in-suite storage/den and P3 parking (#64). Enjoy access to the party room and garden terrace. Ideally located at Kingsway and Nanaimo—steps to T&T, Shoppers, restaurants, banks, 29th Ave Skytrain, and #19 bus in the lobby. Just 10 mins to Metrotown. Pet and rental friendly. School catchment: John Norquay Elementary and Windermere Secondary. DON'T MISS THIS ONE. PRICE TO SELL. TRY OFFER PLEASE.

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Property Details

MLS #

R3061247

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

CD-1

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Fireplaces

0

Living Area

539 sqft

Main Floor

539 sqft

Year Built

2015

Age

11 years

Roof

Other

Construction

Frame Metal, Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Underground, Rear Access, Concrete

Original Price

$498,000

Strata Fee

$342.47/mo

Taxes

$1,708.81/yr

Listed

2025-10-22

MLS Area

Collingwood VE

City

Vancouver

Postal Code

V5R 0C3

Features & Finishes

Heating

Electric

Flooring

Laminate · Mixed · Tile

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Laundry

In Unit

Interior Features

Elevator

Exterior Features

Garden · Playground · Balcony

Building & Community

Pets

Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allowed

Strata Mgmt Co.

Bayside Property Services Ltd.

Strata Mgmt Phone

604-629-8756

Transit

1 BLK

Schools

3 BLKS

View

CITY and MOUNTAIN

Lot Features

Central Location, Recreation Nearby

Water Source

Public

Sewer

Public Sewer

Utilities

Community

Community

Shopping Nearby

Building Amenities

Trash · Maintenance Grounds · Hot Water · Management · Recreation Facilities

Disclosures

Property Disclosure

Yes

Coordinates: 49.238696, -123.050470 · Map data © Google

7.8

Good Value

Deal Score out of 10

Priced competitively with some negotiation potential.

Value vs marketSlightly below market $/sqft
Days on market194 days — significantly stale, strong negotiation position
Price historyPrice dropped 2% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$464,547

5% below asking price

Negotiation Range

$452,322$471,882

$19,560 spread

$452,322$489,000 ask

Based on 82 recent sales, a starting offer around $464,547 (5% below ask) is reasonable. Your negotiation range is $452,322 – $471,882.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 2% off original ask — indicates motivation
Extended market time194 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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