Vancouver · Vancouver
2 Bedroom Basement Suite for Rent in Vancouver
$2,500 / month
A 800 ft² two-bedroom in Vancouver, asking $2,500 a month. The listing mentions in-suite laundry, air conditioning and basement suite. It leaves 2 obvious questions unanswered, starting with: are pets allowed?
At $2,500 for 800 square feet, the asking rent works out to $3.13 per square foot.
That is $200 below the middle of the 447 comparable rentals we are tracking in Vancouver, where most ask between $2,300 and $3,352.
The details
Highlights
Ask before you view
The advertisement doesn’t say, and it matters:
- 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 Vancouver
Vancouver is the tightest rental market in Canada, and the good units are gone within a day or two of being posted. Refreshing listings by hand is how most people lose the apartment they wanted.
How this compares
What we’d expect it to ask
$2,944 / month
8 times in ten the answer lands between $2,440 and $3,430. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.
Asking $2,500 is $444 below that — further below than the ±11.8% we can put down to our own error. On size and location alone, it asks less than its neighbours do.
Asks less than we’d expect
What moves that number
Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.
Location
No SkyTrain station within walking distance, about 43 min to Waterfront.
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
$2,500 is $200 below the middle of the 447 two-bedrooms we are tracking in Vancouver right now ($2,700). Most of them ask between $2,300 and $3,352.
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 one is unusually forthcoming. It does state:
Worth reading — but too rare across the feed for us to put a number on.
The advertisement doesn’t say, and it matters:
- 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 Vancouver
2 bed · 800 ft² · Vancouver
2 bed · 650 ft² · Vancouver
2 bed · Vancouver
1 bed · 766 ft² · Vancouver
2 bed · 1000 ft² · Vancouver
2 bed · 700 ft² · Vancouver
2 bed · 832 ft² · Vancouver
2 bed · 800 ft² · Vancouver
2 bed · 700 ft² · Vancouver
1 bed · 600 ft² · Vancouver
Posted by a third party on Craigslist. Firstlook is not affiliated with or endorsed by them, and does not reproduce advertisement text or landlord contact details. To have this removed, email [email protected].