Home Vancouver, BC Grandview Woodland 108 2085 E 1st Avenue

108 2085 E 1st Ave, Vancouver BC V5N 1B6 – Townhouse for Sale – MLS® R3182041

108 2085 E 1st Avenue, Vancouver, British Columbia V5N 1B6

Vancouver Townhouses for Sale

3 days on the market

$1,199,000

Est. monthly cost $5,889/mo

Updated with MLS® - Nov 8, 2026 at 08:45pm

Lakewood By Dimex

3 Beds

3 Baths

1375 sqft

872 $ /sqft

663.39 $ Maint. fee

2025 built

NEW

Photos

This 3-bedroom Passive House townhome by Dimex Group at Lakewood is located in the vibrant heart of Vancouver’s Commercial Drive. You’re just steps away from cool cafes, trendy restaurants, local shops, and easy access to transit. The kitchen features a Fisher & Paykel fridge and Bosch appliances, paired with minimalist Quartz countertops and backsplash—perfect for cooking and hosting. Passive House construction is engineered to save you 90% on heating costs, giving you a seriously sustainable home that keeps energy bills low. Triple-pane windows and doors offer peace and quiet, plus top-notch air quality so you can breathe easy. This unit has a large private outdoor space, AC Ready, 1 EV Ready Parking Stall and a storage locker. Ready to call this place home?

Building 26 fields Inside & out 12 fields Lot & land 8 fields

Building Details

Price	$1,199,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	1375
Year Built	2025
Age Of Building	1
Building Type	Townhouse
Property Type	Residential
Architecture Style	3 Storey
Stories	3
Building Amenities	Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water
Building Name	Lakewood By Dimex
Ownership Type	Freehold Strata
Maintenance Fee	$663.39
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Lane Access, Asphalt
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Units In Development	26

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Storage
Fireplace	0
Heating Type	Baseboard, Electric
Cooling	Central Air
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Fibreglass, Torch-On
Structures	Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3182041
Area	Vancouver East
Neighbourhood	Grandview Woodland
City	Vancouver
Postal Code	V5N 1B6
Gross Taxes	$4,726.33
Zoning	RM-12N

Property Timeline

Status	Date	Price
R3182041 / Active	11-05-2026	$1,199,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Below	Bedroom	11'3 x 11'3 ft
Main Level	Dining Room	9'7 x 9'7 ft
Main Level	Kitchen	9'8 x 9'8 ft
Main Level	Living Room	13'8 x 13'8 ft
Main Level	Flex Room	4'5 x 4'5 ft
Above Level	Bedroom	9'9 x 9'9 ft
Above Level	Primary Bedroom	11'2 x 11'2 ft
Main Level	Patio	10' x 10' ft

Bathrooms

Floor	Ensuite	Pieces
Below	No	#3
Above Level	Yes	#3
Above Level	No	#4

Listed by: Link Brokerage Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map, sell speed & climate

SkyTrain 0.98 km · Templeton Secondary School 6.7/10 · 1.01 km · crime average · sell-speed score 56/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (78 nearby)

Song huong · 388 m · Restaurant
Folietta · 470 m · Restaurant
Red burrito · 524 m · Fast Food

Shopping (66 nearby)

Big bro's barbershop · 390 m · Hairdresser
The coast goods incorporated · 424 m · Gift Shop
Busy bee · 445 m · Laundry

Groceries (27 nearby)

7-eleven · 432 m · Convenience
To live for · 456 m · Bakery
Oh sweet day! bake shop · 510 m · Bakery

Cafes (19 nearby)

Mah milk bar · 282 m · Cafe
To live for · 456 m · Cafe
Nasa bakery & cafe · 526 m · Cafe

Healthcare (4 nearby)

The drive pharmacy · 525 m · Healthcare
Shoppers simply pharmacy · 573 m · Healthcare
Pharmasave · 625 m · Healthcare

Transit (2 nearby)

Skytrain @ commercial-broadway stn station · 977 m · Transit
Bus stop eastbound e broadway @ nanaimo st · 999 m · Transit

Public Schools

Elementary
Lord Nelson Elementary School: Average 0.37 km 6.9/10
Secondary
Templeton Secondary School: Average 1.01 km 6.7/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St Francis of Assisi: Above Average 0.82 km 8.9/10
Secondary
Notre Dame Regional Secondary School: Above Average 1.45 km 7.8/10

Closest Transit

Bus Stop
Southbound Nanaimo St @ E 1st Ave: 0.4 km
Skytrain
Skytrain @ Commercial-Broadway Stn: 0.98 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Above Average 38.8%
No Certificate/Degree: Average 14.6%
Owner Occupied: Below Average 52.9%
Employment Rate: Average 58.7%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Possible
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

56 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $1,329,629

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How GRANDVIEW WOODLAND compares

This property

3 DOM

Listed

108 2085 E 1st Avenue has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9.8% below comparable active properties in Grandview Woodland, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5N 1B6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5N 1B6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~1.5 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

43 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Lord Nelson Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.9 / 10	Distance 367 m
Lord Nelson Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 380 m
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 410 m
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 818 m
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 849 m
Chief Maquinna Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 850 m
Laura Secord Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 898 m
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 926 m
Templeton Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.7 / 10	Distance 1.01 KM
Norval-Morrisseau	Public	Grades Served —	Catchment Info —	N/A	Distance 1.31 KM
Vancouver Technical Secondary	Public	Grades Served —	Catchment Info —	7.1 / 10	Distance 1.33 KM
Our Lady of Sorrows School	Independent	Grades Served K-7	Catchment Info —	9.7 / 10	Distance 1.39 KM
Our Lady Of Sorrows	Independent	Grades Served —	Catchment Info —	9.7 / 10	Distance 1.40 KM
Notre Dame Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 1.45 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 1.46 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 1.51 KM
Hastings Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 1.64 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 1.64 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.68 KM
Westside Montessori Academy	Independent	Grades Served K-7	Catchment Info —	9.1 / 10	Distance 1.71 KM
Coquitlam College - Brookmere Secondary	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.75 KM
Tillicum Community Annex	Public	Grades Served K-4	Catchment Info —	7.4 / 10	Distance 1.92 KM
Dr. A. R. Lord Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.99 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.01 KM
St.Jude's School	Independent	Grades Served K-7	Catchment Info —	9.8 / 10	Distance 2.04 KM
Lord Beaconsfield Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.10 KM
West Coast Christian School	Independent	Grades Served K-12	Catchment Info —	6.0 / 10	Distance 2.12 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.21 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.28 KM
Nootka Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.30 KM
Gladstone Secondary School	Public	Grades Served 8-12	Catchment Info —	6.0 / 10	Distance 2.35 KM
Gladstone Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.37 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 2.39 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.40 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.42 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.43 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.57 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.64 KM
Lord Selkirk Annex	Public	Grades Served K-4	Catchment Info —	3.5 / 10	Distance 2.84 KM
Vancouver Christian	Independent	Grades Served —	Catchment Info —	9.1 / 10	Distance 2.95 KM
Vancouver Christian School	Independent	Grades Served K-6	Catchment Info —	9.1 / 10	Distance 2.96 KM
Sir John Franklin Community School	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 2.97 KM
Renfrew Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.97 KM

Pre-computed routes from 108 2085 E 1st Ave, Vancouver, BC

108 2085 E 1st Ave, Vancouver, BC Commercial-Broadway 1.0 km

24 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Commercial-Broadway → Waterfront
24 min
Metrotown, Burnaby via Commercial-Broadway → Metrotown
24 min
SFU Burnaby via Commercial-Broadway → Production Way
31 min
Richmond Centre via Commercial-Broadway → Brighouse
49 min
YVR Airport via Commercial-Broadway → YVR-Airport
50 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
5 min
Metrotown, Burnaby via Lougheed Hwy
8 min
SFU Burnaby via Gaglardi Way
13 min
Richmond Centre via No. 3 Rd
15 min
YVR Airport via Bridgeport / Sea Island
14 min

Calculate your commute

108 2085 E 1st Ave, Vancouver, BC is ideally located for commuters. The property is 1.0 km from Commercial-Broadway, with a 24 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Nanaimo St @ E 1st Ave (0.4 km). Walk Score Transit rating: Excellent Transit (71/100).

Walkability & Transit Near 108 2085 E 1st Avenue

Walker's Paradise 93

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 71

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 108 2085 E 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 032-451-491).

Total Assessed Value (2026)

$1,405,000

2026 Value Trend

Land

$1,054,000

Buildings

$351,000

Year Built

N/A

Class

Residential

Zoning

RM-12

Property Tax

$4,726

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,054,000	$351,000	$1,405,000	—

Costs & calculators

Monthly cost about $5,889/month · rent estimate $3,597/month · owning catches up with renting by year 25 · cash flow if rented −$2,523/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 108 2085 E 1st Avenue

$5,889 /month

Principal & Interest $4,832

Property Taxes $394

Maintenance fee $663

The estimated monthly cost of 108 2085 E 1st Avenue, Vancouver is $5,889: $4,832 principal and interest with 20% down over 30 years at 4.45%, plus $394 property tax and $663 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$2,523 /month

Mortgage Payment $4,832

Monthly Cash Flow −$2,523

Break Even Down Payment 62%

Cap Rate -2.5%

Cash on Cash -12.6%

If 108 2085 E 1st Avenue, Vancouver were rented at $3,597 a month with 5% vacancy, it would fall $2,523 a month short of the mortgage and carrying costs; about 62% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 108 2085 E 1st Avenue, Vancouver

$3,597 / month

Rent $3,597

Own $5,889

Principal: $1,554/mo Interest, tax, insurance, fees: $4,335/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,301/mo (year 1) → ~$3,025/mo (year 20) → ~$4,512/mo (year 29).

Net cost to own at year 5 ~$4,335/mo About $738/mo more than renting

EstateBlock estimates 108 2085 E 1st Avenue, Vancouver would rent for about $3,597 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 108 2085 E 1st Avenue

Rent vs own

Owning catches up by year 25

With 20% down ($239,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $85,478

Principal paid off by year 10 $192,212

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 108 2085 E 1st Avenue, Vancouver is cheaper at first, but owning catches up by year 25, with $85,478 of principal paid off by year 5 and $192,212 by year 10.