116 2635 Prince Edward St, Vancouver BC V5T 4V7 – Condo for Sale – MLS® R3182567

116 2635 Prince Edward Street, Vancouver, British Columbia V5T 4V7

3 days on the market
$899,000
Est. monthly cost $4,498/mo
Updated with MLS® -
2 Beds
2 Baths
865 sqft
1039 $ /sqft
625.42 $ Maint. fee
2006 built
NEW OPEN HOUSE
3 days on the market
$899,000
Est. $4,498/mo with 20% down
Updated with MLS® -

Property Details for 116 2635 Prince Edward Street

Set in the heart of Mount Pleasant, this 2-bedroom, 2-bathroom 10 ft ceiling home at SOMA LOFTS offers a rare combination of concrete construction, flexible living space and a private outdoor retreat. The ground-floor layout opens onto a generous terrace, creating an easy extension of the interior and a great setting for entertaining, relaxing or simply enjoying a little extra breathing room in the city. Inside, the home carries the clean, contemporary character SOMA is known for, while the building offers excellent amenities including a rooftop patio and gym. Main Street's restaurants, cafés and neighbourhood favourites are just steps away, with rapid transit nearby for easy access throughout Vancouver. Includes 1 parking stall and 1 storage locker.

Open houses

14 Nov, 2026 (02:00 PM to 04:00 PM)

15 Nov, 2026 (02:00 PM to 04:00 PM)

Building Details

Price $899,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 865
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 1
Building Amenities Caretaker, Trash, Hot Water, Management, Recreation Facilities, Sewer
Ownership Type Freehold Strata
Maintenance Fee $625.42
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Hot Water, Management, Recreation Facilities, Sewer
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Community
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions No Restrictions
Rental Suites None
Units In Development 75

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Concrete
Foundation Concrete Perimeter

Exterior Features

Roof Other
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
MLS® # R3182567
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Postal Code V5T 4V7
Gross Taxes $3,004
Zoning /

Property Timeline

Status Date Price
R3182567 / Active 11-09-2026 $899,000
Rooms
Floor Type Dimensions
Main Level Living Room 15' x 15' ft
Main Level Kitchen 15' x 15' ft
Main Level Den 8' x 8' ft
Main Level Primary Bedroom 12' x 12' ft
Main Level Bedroom 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #4

Listed by: Macdonald Realty Westmar

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.

About the building: Soma Lofts

2635 Prince Edward Street, Mount Pleasant VE, Vancouver

Soma Lofts building details

Building

Built
2005
Homes
75 in 6 storeys
Construction
Concrete
Title
Freehold Strata
Strata plan
BCS1581
Managed by
Dwell Property Management
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Soma Lofts

For sale
2
Median ask
$874K
Median $/sqft
$1,022
Days on market
3
Sold, past year
3
This home

$1,039/sqft, 1.7% above the building median of $1,022.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 1.26 km · crime average · sell-speed score 52/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (113 nearby)

  • Jay's barber · 110 m · Hairdresser
  • Stoxx · 116 m · Clothes
  • Wynn's plants & flowers · 121 m · Florist

Restaurants (96 nearby)

  • Sprezzatura · 72 m · Restaurant
  • The farmhouse · 73 m · Restaurant
  • Carp · 123 m · Restaurant

Groceries (30 nearby)

  • Bc liquor store · 117 m · Beverages
  • Save-on-foods · 122 m · Supermarket
  • Pricesmart foods · 275 m · Supermarket

Cafes (28 nearby)

  • Vt's cafe · 132 m · Cafe
  • Am cafe · 163 m · Cafe
  • Thierry · 253 m · Cafe

Healthcare (11 nearby)

  • La madonna · 153 m · Healthcare
  • Shoppers drug mart · 160 m · Healthcare
  • Mt pleasant pharmacy · 285 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound e 2nd ave @ lorne st · 804 m · Transit

Public Schools

Elementary
Florence Nightingale Elementary School
Above Average 0.2 km 7/10

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

Private Schools

Elementary
St Patrick's
Above Average 0.4 km 8.3/10
Secondary
St.Patrick Regional Secondary School
Average 0.43 km 6.9/10

Closest Transit

Bus Stop
Westbound Kingsway @ E 12 Ave
0.13 km
Skytrain
Skytrain @ Vcc-Clark Stn
1.26 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 43.8%
No Certificate/Degree
Below Average 7.6%
Owner Occupied
Above Average 79.1%
Employment Rate
Below Average 40.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
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

52 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $921,633
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.26 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MOUNT PLEASANT VE compares
This property
3 DOM
Listed

116 2635 Prince Edward Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.5% below comparable active properties in Mount Pleasant VE, 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 V5T 4V7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5T 4V7, 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 (~1.4 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

52 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.0 / 10

Distance

199 m

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

335 m

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

403 m

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

428 m

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

478 m

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

580 m

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

601 m

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

957 m

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
N/A

Distance

1.15 KM

David Livingstone Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

1.19 KM

Charles Dickens Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.21 KM

Charles Dickens Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

1.59 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

1.68 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

1.71 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

1.75 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.77 KM

Tyee Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

1.86 KM

St.Joseph's School

Independent

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

1.91 KM

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.00 KM

Stratford Hall School

Independent

Grades Served

K-12

Catchment Info

—
8.7 / 10

Distance

2.02 KM

Stratford Hall

Independent

Grades Served

—

Catchment Info

—
8.7 / 10

Distance

2.03 KM

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

2.18 KM

General Brock Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

2.22 KM

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.24 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

Distance

2.27 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.27 KM

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

2.28 KM

Queen Victoria Annex

Public

Grades Served

K-5

Catchment Info

—
6.4 / 10

Distance

2.28 KM

Sir Richard McBride Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

2.32 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.35 KM

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

2.38 KM

Sir Richard McBride Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.39 KM

Lord Selkirk Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.1 / 10

Distance

2.40 KM

Lord Selkirk Annex

Public

Grades Served

K-4

Catchment Info

—
3.5 / 10

Distance

2.48 KM

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

2.48 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.0 / 10

Distance

2.49 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.54 KM

Laura Secord Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.55 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

2.64 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

—
N/A

Distance

2.68 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

2.70 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

2.72 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

2.74 KM

St. Lawrence School

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

2.77 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
2.1 / 10

Distance

2.80 KM

St Francis of Assisi

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.86 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

—
6.1 / 10

Distance

2.89 KM

Gladstone Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.0 / 10

Distance

2.91 KM

Gladstone Secondary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

2.92 KM

Lord Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.97 KM

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
N/A

Distance

2.99 KM

Lord Nelson Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

2.99 KM

Pre-computed routes from 116 2635 Prince Edward St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via VCC-Clark → Waterfront
    33 min
  • Metrotown, Burnaby via VCC-Clark → Metrotown
    33 min
  • SFU Burnaby via VCC-Clark → Production Way
    34 min
  • Richmond Centre via VCC-Clark → Brighouse
    58 min
  • YVR Airport via VCC-Clark → YVR-Airport
    59 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    3 min
  • Metrotown, Burnaby via Lougheed Hwy
    9 min
  • SFU Burnaby via Gaglardi Way
    16 min
  • Richmond Centre via No. 3 Rd
    13 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

116 2635 Prince Edward St, Vancouver, BC is ideally located for commuters. The property is 1.3 km from VCC-Clark, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Kingsway @ E 12 Ave (0.13 km). Walk Score Transit rating: Excellent Transit (75/100).

Walkability & Transit Near 116 2635 Prince Edward Street

Walk Score Badge
Walker's Paradise 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Excellent Transit 75

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Biker's Paradise 93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 116 2635 Prince Edward Street

2026 assessed value, sourced from City of Vancouver open data (PID 026-480-328).
Total Assessed Value (2026)
$893,000
-2.3% YoY
+1.9%/yr over 4 yr
2022 Value Trend 2026
Land
$614,000
Buildings
$279,000
Year Built
2005
Class
Commercial
Zoning
C-3A
Property Tax
$3,004
Year Land Improvements Total Assessed YOY Change
2026 $614,000 $279,000 $893,000
-2.3%
2025 $628,000 $286,000 $914,000
+1.3%
2024 $620,000 $282,000 $902,000
-3.0%
2023 $639,000 $291,000 $930,000
+12.5%
2022 $558,000 $269,000 $827,000 —

Costs & calculators

Monthly cost about $4,498/month · rent estimate $3,236/month · owning catches up with renting by year 13 · cash flow if rented −$1,480/month

Mortgage Calculator for 116 2635 Prince Edward Street

30-year fixed
$4,498 /month
Principal & Interest $3,623
Property Taxes $250
Maintenance fee $625

The estimated monthly cost of 116 2635 Prince Edward Street, Vancouver is $4,498: $3,623 principal and interest with 20% down over 30 years at 4.45%, plus $250 property tax and $625 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

−$1,480 /month
Mortgage Payment $3,623
Monthly Cash Flow −$1,480
Break Even Down Payment 53%
Cap Rate -2.0%
Cash on Cash -9.9%

If 116 2635 Prince Edward Street, Vancouver were rented at $3,236 a month with 5% vacancy, it would fall $1,480 a month short of the mortgage and carrying costs; about 53% 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 116 2635 Prince Edward Street, Vancouver

$3,236 / month
Rent $3,236
Own $4,498
Principal: $1,165/mo Interest, tax, insurance, fees: $3,333/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$975/mo (year 1) → ~$2,268/mo (year 20) → ~$3,383/mo (year 29).

Net cost to own at year 5 ~$3,333/mo About $97/mo more than renting

EstateBlock estimates 116 2635 Prince Edward Street, Vancouver would rent for about $3,236 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: 116 2635 Prince Edward Street

Rent vs own

Owning catches up by year 13

With 20% down ($179,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $64,090
Principal paid off by year 10 $144,119

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 116 2635 Prince Edward Street, Vancouver is cheaper at first, but owning catches up by year 13, with $64,090 of principal paid off by year 5 and $144,119 by year 10.

Price vs Neighbourhood Average — Mount Pleasant VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $899,000
Vancouver Loading...
Mount Pleasant VE Loading...

Based on 9 comparable active apartments/condos in Mount Pleasant VE, the average asking price is $921,633. This listing is priced 2.5% below the neighbourhood average.

Data is based on list prices of similar active listings. 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 116 2635 Prince Edward Street

Walk Score Badge
Walker's Paradise 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Excellent Transit 75

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Biker's Paradise 93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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