311 5955 Iona Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R3149517

61 days on the market
$998,000
Est. Mortgage $4,415/mo
Listing updated:
EstateBlock checked:
Folio
2 Beds
2 Baths
1084 sqft
921 $ /sqft
514.91 $ Maint. fee
2006 built
61 days on the market
$998,000
$1,018,000
Est. $4,415/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 311 5955 Iona Drive

Welcome to Folio! An award-winning West Coast architecture surrounded by beautiful water features and lush landscaping. This unit features bright and spacious southeast-facing corner unit offers over 1,084SF of living space with 2 bedrooms plus a large den that can easily serve as a 3rd bedroom. Featuring hardwood floors throughout, tastefully updated kitchen with refinished cabinets, and newer stainless steel appliances, this home combines comfort and style. Enjoy abundant natural light, privacy, and a quiet community setting within just steps away to lecture halls, the Chan Centre, beaches, forest trails. Experience the best of UBC living in this exceptional home. Comes with 2 parkings+1 locker.

Interior Features

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

Exterior Features

Exterior Features Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $998,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1084
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Hot Water, Recreation Facilities
Building Name Folio
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $514.91
Amenities Nearby Trash, Maintenance Grounds, Hot Water, Recreation Facilities
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Water (WaterSource) Public
Parking Type Garage Double, Rear Access
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites None

Lot & Land

Lot Size Depth Feet
MLS® # R3149517
Area Vancouver West
Neighbourhood University VW
City Vancouver
Postal Code V6T 2L4
Gross Taxes $2,051.43
Zoning STRATA

Property Timeline

Status Date Price
R3149517 / Active 07-23-2026 $998,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 14'1 x 14'1 ft
Main Level Dining Room 13'7 x 13'7 ft
Main Level Kitchen 10'9 x 10'9 ft
Main Level Primary Bedroom 11'9 x 11'9 ft
Main Level Bedroom 10'0 x 10'0 ft
Main Level Den 8'0 x 8'0 ft
Main Level Laundry 7'10 x 7'10 ft
Main Level Foyer 11'8 x 11'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #4

Listed by: Axford Real Estate

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 & Neighbourhood

Public Schools

Secondary
University Hill Secondary School
Above Average 2.15 km 8.4/10
Elementary
University Hill Elementary School
Above Average 0.98 km 7.9/10

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

Private Schools

Elementary
St Regis Secondary School
Above Average 0.41 km 7.3/10
Elementary, Secondary
West Point Grey Academy
Above Average 3.65 km 10/10

Closest Transit

Bus Stop
Southbound Wesbrook Mall @ Iona Dr
0.13 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
9.26 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 57.1%
No Certificate/Degree
Below Average 5.3%
Owner Occupied
Below Average 47.4%
Employment Rate
Above Average 66.3%

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

57 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $1,021,952
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.26 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 UNIVERSITY VW compares
This property
61 DOM
Average
University VW avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

311 5955 Iona Drive has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.4% below comparable active properties in University VW, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Restaurants (28 nearby)

  • Subway · 534 m · Fast Food
  • Booster juice · 541 m · Fast Food
  • Grand noodle emporium · 585 m · Restaurant

Cafes (17 nearby)

  • Great dane coffee · 246 m · Cafe
  • Tim hortons · 389 m · Cafe
  • Sprouts · 508 m · Cafe

Shopping (10 nearby)

  • Evo · 371 m · Car Sharing
  • Ubc bike kitchen · 565 m · Bicycle Shop
  • Campus vision · 613 m · Optician

Groceries (6 nearby)

  • Gage mini mart · 308 m · Convenience
  • International news market · 620 m · Supermarket
  • Grocery checkout · 651 m · Supermarket

Healthcare (2 nearby)

  • Shoppers drug mart · 740 m · Healthcare
  • University pharmacy · 795 m · Healthcare

Gyms (1 nearby)

  • Aviary · 578 m · Gym

Parks & Recreation (1 nearby)

  • Stephen toope gardens · 636 m · Park

Transit (1 nearby)

  • Bus stop westbound university blvd @ acadia rd · 956 m · Transit

Schools NearBy

4 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

St Regis Secondary School

Independent

Grades Served

Catchment Info

7.3 / 10

Distance

412 m

University Hill Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
7.9 / 10

Distance

980 m

Norma Rose Point Elementary Junior

Public

Grades Served

K-8

Catchment Info

7.8 / 10

Distance

1.73 KM

University Hill Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
8.4 / 10

Distance

2.15 KM

Pre-computed routes from 311 5955 Iona Dr, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    118 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    136 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    143 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    135 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    136 min

By car (off-peak)

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

Calculate your commute

311 5955 Iona Dr, Vancouver, BC is ideally located for commuters. The property is 9.3 km from Yaletown-Roundhouse, with a 118 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Wesbrook Mall @ Iona Dr (0.13 km).

Walkability & Transit Near 311 5955 Iona Drive

Walk Score Badge
Car-Dependent 80

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
60

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 311 5955 Iona Drive

/month
Principal & Interest
Property Taxes $171
Maintenance fee 514.91
A 20% down payment of $199,600 on this $998,000 listing yields an estimated mortgage of $3,812/month (30-year fixed, 4%). Total estimated housing cost: $4,498/month, $171 property tax, $515 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $3,412/month in estimated rental income against $4,561/month in mortgage payments, the monthly cashflow is -$1,149/month. A 45% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 311 5955 Iona Drive, Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — University VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $998,000
Vancouver Loading...
University VW Loading...

Based on 15 comparable active apartments/condos in University VW, the average asking price is $1,022,722. This listing is priced 2.4% 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 Real Estate Board of Greater Vancouver 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 311 5955 Iona Drive

Walk Score Badge
Car-Dependent 80

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
60

Bike Score - Bikeable

Some bike infrastructure

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