Vancouver · West Point Grey/ Dunbar

2 Bedroom Apartment for Rent in Vancouver

$3,100 / month

A two-bedroom apartment in Vancouver, asking $3,100 a month. The listing mentions ground floor, laundry in building and SkyTrain nearby. One thing the listing does not answer: which way does it face?

That is $300 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$3,100
Bedrooms2
Size
FloorNot stated
ExposureNot stated
LaundryIn building
ParkingStreet only
Property typeApartment
Availablenow
AreaVancouver

Highlights

Ground floorFurnishedLaundry in building2 bathroomsSkyTrain nearby

Ask before you view

The advertisement doesn’t say, and it matters:

  • Which way does it face?

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

$2,340 / month

8 times in ten the answer lands between $1,799 and $2,966. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $3,100 is $760 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.

Moderate confidence20 two-bedrooms within 1 kmTypically within 12.3%

What moves that number

5.6 km from the nearest SkyTrain (Yaletown-Roundhouse)−$236
This block asks less than the rest of the area−$92

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

29 / 100fair

No SkyTrain station within walking distance, about 40 min to Waterfront.

Walk to SkyTrainNearest station is Yaletown-Roundhouse, 5.6 km away — not a walk0
Transit to downtownAbout 40 min to Waterfront: bus to Yaletown-Roundhouse, then Canada Line straight through15
Town centre2.5 km from the centre of Dunbar — the nearest town centre to this address7
More than one lineNo SkyTrain line is within walking distance0
Green space9 min walk to Pacific Spirit Regional Park (1280 ha)7

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

$3,100 is $300 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 ad does not give a floor area either, so size is not in it.

This one is unusually forthcoming. It does state:

Floor 0ApartmentLaundry: 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:

  • Which way does it face?

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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