The condo is in a 44-unit building built in 1992.Photography provided by Stilhavn Real Estate Services
315 Renfrew, No. 306, Vancouver
Asking price: $725,000 (Sept. 22)
Selling price: $710,000 (Sept. 30)
Days on market: Eight
Monthly maintenance fee: $570.71
Taxes: $2,104.84 (2025)
Listing agent: Cheryl Davie, Stilhavn Real Estate
The extra-large living room includes a gas fireplace.
The action
About two dozen groups viewed the unit, which had been tenanted. After eight days, the seller accepted an offer.
“Having the new flooring and fresh paint is honestly what sold this unit,” said listing agent Cheryl Davie, who said it would still be on the market if those improvements hadn’t been done.
A two-bedroom with only one bathroom is a tricky sell, she said, because people with kids usually want a second bathroom.
“So, I have to tell them to be sharp on pricing, because when we aren’t, that will be the feedback,” she said.
The sale was completed on Nov. 27.
The condo's primary bedroom.
What they got
This bright unit in a 44-unit building built in 1992 is, at 1,025 square feet, huge by today’s standards. With two bedrooms and one bathroom, and a 150 square-foot balcony looking toward the North Shore mountains, the condo attracted a lot of attention.
It helped that the seller had installed new flooring and had the place painted. However, the kitchen and bathroom needed updates. Features include a galley kitchen, full-size washer and dryer in the utility room, a gas fireplace in the extra-large living room, and a secure parking stall and storage locker.
The building had been rain-screened, and the elevator and courtyard had been upgraded. It’s within walking distance to the Pacific National Exhibition, parks and offers easy access to Highway No. 1.
The galley kitchen needs some updates.
The agent’s take
Ms. Davie said the first-time buyers are currently the most active in the market because they didn’t experience the ultralow interest rates of 2021, so they’re comfortable with today’s rates.
Those who already own find it more difficult to move up to a more expensive property at the higher rates, taking on bigger payments and losing any equity gains in the process.
“People already in the market are finding it harder to retain equity and move up … and going into a higher payment at a higher price point. They look at it and go, ‘That doesn’t make sense for us,’” she said.
The condo includes an 150 square-foot balcony that looks toward the North Shore mountains.