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This condo is near trendy restaurants, transit and shops in the busy Mount Pleasant neighbourhood.Oakwyn Realty Ltd.

2508 Fraser St., No. 202, Vancouver

Asking price: $899,000 (Jan. 1, 2026)

Previous asking prices: $899,000 (May 26, 2025); $938,000 (May 5, 2025); $968,000 (April 1, 2025); $998,000 (Jan. 9, 2025); $998,000 (Oct. 9, 2024); $1,025,000 (Aug. 1, 2024); $1,049,000 (June 12, 2024); $1,098,000 (April 15, 2024)

Selling price: $870,000 (Jan. 12)

Days since first listed: 626

Monthly maintenance fee: $798.42

Taxes: $2,847.44 (2023)

Listing agent: Leah James, Oakwyn Realty

Buyer’s agent: Michelle Vaughan, Royal Pacific Lions Gate Realty

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The bright two-bedroom, two-bathroom, 1,018-square-foot unit is in a building constructed five years ago by the developer PortLiving.Oakwyn Realty Ltd.

The Action

The apartment, which was tenanted, had been on the market since April, 2024 and was relisted many times as it adjusted to market conditions.

“I figured it would go quite quickly now that the price matched the market,” said the buyer’s agent, Michelle Vaughan, whose client had moved from Ontario and was getting familiar with Vancouver’s neighbourhoods.

Ms. Vaughan was worried they might encounter competition after the open house, but her client acted quickly and made an offer that night.

“The location is fabulous,” said Ms. Vaughan. “It’s a busy street, but it is quiet inside the unit. The newness of the building was important to my buyer. He had offered previously on an older suite that he loved, but the inspection turned up a lot of expensive repairs that were necessary.”

The sale was completed on Feb. 4.

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The suite features an open concept living area and a covered balcony.Oakwyn Realty Ltd.

What They Got

This condo is near trendy restaurants, transit and shops in the busy Mount Pleasant neighbourhood.

The bright two-bedroom, two-bathroom, 1,018-square-foot unit is in a building constructed five years ago by the developer PortLiving. Aside from location, a major selling feature is the view of the Northshore Mountains.

The suite has engineered hardwood floors, quartz countertops in the kitchen, ensuite laundry, an open concept living area and a covered balcony.

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A major selling feature is the view of the Northshore Mountains.Oakwyn Realty Ltd.

The Agent’s Take

Ms. Vaughan predicts another slow year for the condo market.

“Sellers are holding onto values from previous years and, in many cases, not pricing right in the first place. Buyers are hesitant right now,” she said.

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