Vancouver · UBC

2 Bedroom Condo for Rent in Vancouver

$3,800 / month

A 949 ft² two-bedroom condo on the 3rd floor in Vancouver, asking $3,800 a month. The listing mentions water views, in-suite laundry and parking included. It leaves 2 obvious questions unanswered, starting with: when is it available?

At $3,800 for 949 square feet, the asking rent works out to $4.00 per square foot.

That is $1,000 above the middle of the 542 comparable rentals we are tracking in Vancouver, where most ask between $2,300 and $3,500.

The details

Rent$3,800
Bedrooms2
Size949 ft²
Floor3
ExposureNot stated
LaundryIn-suite
ParkingComes with the unit
Property typeCondo
AvailableNot stated
AreaVancouver

Highlights

3rd floorWater viewsFurnishedParking includedIn-suite laundry2 bathroomsDenBalcony

Ask before you view

The advertisement doesn’t say, and it matters:

  • Which way does it face?
  • When is it available?

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.

TransitExpo, Millennium and Canada Lines; most of the city is inside a 30-minute commute to downtown.
Green spaceStanley Park, Queen Elizabeth Park, VanDusen, the seawall and False Creek greenway.

More about renting in Vancouver

How this compares

What we’d expect it to ask

$4,001 / month

8 times in ten the answer lands between $3,076 and $5,072. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $3,800 is 5% below it — inside the ±11.8% this model cannot tell apart, so it is priced about where we’d expect.

Moderate confidence20 two-bedrooms within 2 kmTypically within 12.3%

What moves that number

This block asks more than the rest of the area+$1,125
7.6 km from the nearest SkyTrain (YVR-Airport)−$520

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

Location

28 / 100fair

No SkyTrain station within walking distance, about 70 min to Waterfront.

Walk to SkyTrainNearest station is YVR-Airport, 7.6 km away — not a walk0
Transit to downtownAbout 70 min to Waterfront: bus to YVR-Airport, then Canada Line straight through3
Town centre1.0 km from the centre of UBC — the nearest town centre to this address15
More than one lineNo SkyTrain line is within walking distance0
Green spaceOn the edge of Pacific Spirit Regional Park (1280 ha)10

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

$3,800 is $1,000 above the middle of the 542 two-bedrooms we are tracking in Vancouver right now ($2,800). Most of them ask between $2,300 and $3,500.

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:

Floor 3CondoLaundry: in-suiteParking: comes with the unitOutdoor spaceAir conditioning

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?
  • When is it available?

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

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