East Vancouver · Vancouver

2 Bedroom Apartment for Rent in East Vancouver

$2,450 / month

A two-bedroom in East Vancouver, asking $2,450 a month. The listing mentions laundry in building, internet included and 2 bathrooms. It leaves 3 obvious questions unanswered, starting with: what floor is it on?

That is $150 above the middle of the 456 comparable rentals we are tracking in East Vancouver, where most ask between $1,900 and $2,800.

The details

Rent$2,450
Bedrooms2
Size
FloorNot stated
ExposureNot stated
LaundryIn building
ParkingStreet only
Property typeNot stated
Availablenow
AreaEast Vancouver

Highlights

Internet includedLaundry in building2 bathrooms

Ask before you view

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?
  • Are pets allowed?

Roughly where it is

Approximate — listings rarely give an exact address, so treat this as the block, not the door.

Renting in East Vancouver

East Van is the most affordable part of the city proper, and the most house-suite-dependent. A large share of what rents here is a basement or upper floor of someone's home rather than an apartment building.

TransitExpo and Millennium Lines along the southern and eastern edges; heavy bus coverage on Commercial, Hastings and Kingsway.
Green spaceTrout Lake, Hastings Park and the PNE grounds, Central Park at the Boundary Road edge, New Brighton.

More about renting in East Vancouver

How this compares

What we’d expect it to ask

$2,118 / month

8 times in ten the answer lands between $1,576 and $2,819. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $2,450 is $332 above that — further above than the ±11.8% we can put down to our own error. Something about it may justify that; the ad may also simply be ambitious.

Low confidence20 two-bedrooms within 2 kmTypically within 14.3%

Nearby two-bedrooms disagree with each other by about 52% from quartile to quartile, so the estimate is only as sharp as they are.

What moves that number

This block asks less than the rest of the area−$50

The advertisement does not state a floor area, so size is not priced in.

Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.

Location

38 / 100good

24 min on foot to 29th Avenue (Expo Line), about 37 min to Waterfront.

Walk to SkyTrain24 min walk to 29th Avenue (Expo Line), about 1470 m in a straight line8
Transit to downtownAbout 37 min to Waterfront: bus to 29th Avenue, then Expo Line straight through16
Town centre1.8 km from the centre of Killarney — the nearest town centre to this address11
More than one lineOnly the Expo Line is within walking distance0
Green space17 min walk to Killarney Park (14 ha)3

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$2,450 is $150 above the middle of the 456 two-bedrooms we are tracking in East Vancouver right now ($2,300). Most of them ask between $1,900 and $2,800.

A straight count of asking prices in the area, with nothing adjusted for — unlike the estimate above, it does not care that this one is bigger or closer to a station.

What the estimate cannot see

Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us. This ad does not give a floor area either, so size is not in it.

This one is unusually forthcoming. It does state:

Laundry: in buildingParking: street only

Worth reading — but too rare across the feed for us to put a number on.

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?
  • Are pets allowed?

Estimated from the listings on this site, not a market survey, and from asking rents — what a home is advertised at, not what it lets for.

Similar in East Vancouver

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