Home Vancouver, BC University VW Westcott Commons 318 2388 Western Parkway

318 2388 Western Parkway, Vancouver BC V6T 2K4 – Condo for Sale – MLS® R3134265

318 2388 Western Parkway, Vancouver, British Columbia V6T 2K4

Vancouver Condos for Sale

159 days on the market

$998,000

Est. monthly cost $4,817/mo

Updated with MLS® - Nov 11, 2026 at 10:25am

2 Beds

2 Baths

931 sqft

1072 $ /sqft

569.45 $ Maint. fee

2005 built

Photos

Ideally located in the heart of the beautiful UBC campus, walkable to almost everything you need: academic buildings, bookstore, shops, Save-on-food, banks, restaurants, varieties of services, public transit, beaches, Pacific Spirit park; Ideal for families and students. fantastic floor plan with 2 decent size separated bedrooms; mater bedroom has an ensuite double-sink full bathroom, and a walk-in closet; Second bedroom is next to the main bathroom. Enjoy the spacious cozy living room with abundant natural light and the fire place. Large balcony faces beautiful green lawn; 1 parking. Ample visitor parking, EV charging, peaceful manicured private courtyard. Open house June 12 5:30-7:30 PM and Sunday Jun 14 1:30-3 PM (this Sunday can show except master bedroom).

Building 22 fields Inside & out 12 fields Lot & land 6 fields

Building Details

Price	$998,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	931
Year Built	2005
Age Of Building	21
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Caretaker, Maintenance Grounds, Hot Water, Management
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$569.45
Amenities Nearby	Bike Room, Caretaker, Maintenance Grounds, Hot Water, Management
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions

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
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3134265
Area	Vancouver West
Neighbourhood	University VW
City	Vancouver
Postal Code	V6T 2K4
Gross Taxes	$2,708.94

Property Timeline

Status	Date	Price
R3134265 / Active	06-05-2026	$998,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'10 x 11'10 ft
Main Level	Dining Room	11'10 x 11'10 ft
Main Level	Kitchen	8'5 x 8'5 ft
Main Level	Primary Bedroom	10'8 x 10'8 ft
Main Level	Bedroom	14'6 x 14'6 ft
Main Level	Foyer	3'11 x 3'11 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#4

Listed by: LeHomes Realty Premier

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: Westcott Commons

2388 Western Parkway, University VW, Vancouver

Westcott Commons building details

Building

Built: 2005
Homes: 72 in 4 storeys
Construction: Frame - Wood
Title: Leasehold prepaid-Strata
Strata plan: BCS1469
Managed by: Stratawest Management Ltd.
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Westcott Commons

For sale: 2
Median ask: $899K
Median $/sqft: $1,015
Days on market: 107
Sold, past year: 6

This home

$1,072/sqft, 5.6% above the building median of $1,015.

Leasehold prepaid-Strata, not freehold strata. Ask for the lease expiry date, the prepaid rent position, and which lenders will finance it.

Homes for sale at Westcott Commons, Vancouver Recent sold listings in Westcott Commons, Vancouver

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

Map, sell speed & climate

SkyTrain 8.72 km · University Hill Secondary School · 1.09 km · crime average · sell-speed score 43/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (34 nearby)

Pho with us · 256 m · Restaurant
The corner kitchen ubc · 261 m · Restaurant
Vera's burgers · 267 m · Fast Food

Cafes (25 nearby)

The original beanery · 138 m · Cafe
Café ami · 256 m · Cafe
Starbucks · 259 m · Cafe

Shopping (14 nearby)

Bmo · 292 m · Bank
Staples · 302 m · Stationery
University pharmacy · 336 m · Pharmacy

Groceries (7 nearby)

H mart · 342 m · Supermarket
Urban fare · 372 m · Supermarket
Swiss bakery catering & wholesale · 447 m · Bakery

Healthcare (3 nearby)

University pharmacy · 336 m · Healthcare
Pure integrative pharmacy · 357 m · Healthcare
Shoppers drug mart · 419 m · Healthcare

Gyms (1 nearby)

Aviary · 736 m · Gym

Transit (1 nearby)

Bus stop eastbound w 16 ave @ wesbrook mall · 996 m · Transit

Public Schools

Elementary
University Hill Elementary School: 1.24 km
Secondary
University Hill Secondary School: 1.09 km

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

Private Schools

Elementary, Secondary
Eaton Arrowsmith School: 0.47 km
Elementary, Secondary
Eaton Arrowsmith School: 0.47 km

Closest Transit

Bus Stop
Northbound Wesbrook Mall @ Agronomy Rd: 0.14 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 8.72 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

43 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $824,667

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 8.72 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

159 DOM

Slower than area

University VW avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

318 2388 Western Parkway has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 21% above comparable active properties in University VW. 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 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6T 2K4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6T 2K4, over the next 30 years.

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 A / Excellent

Annual avg PM2.5 3.8 µg/m³ — meets WHO 2021 guideline. Nearest station: Horseshoe Bay, West Vancouver (~11.9 km). Annual avg AQHI 0 — Low Risk.

Schools NearBy

6 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Norma Rose Point Elementary Junior	Public	Grades Served K-8	Catchment Info —	7.8 / 10	Distance 692 m
St Regis Secondary School	Independent	Grades Served —	Catchment Info —	7.3 / 10	Distance 912 m
University Hill Secondary School	Public	Grades Served 9-12	Catchment Info In Catchment	8.4 / 10	Distance 1.09 KM
University Hill Elementary School	Public	Grades Served K-5	Catchment Info In Catchment	7.9 / 10	Distance 1.24 KM
Queen Mary Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.67 KM
West Point Grey Academy	Independent	Grades Served K-12	Catchment Info —	9.7 / 10	Distance 2.99 KM

Pre-computed routes from 318 2388 Western Parkway, Vancouver, BC

318 2388 Western Parkway, Vancouver, BC Yaletown-Roundhouse 8.7 km

112 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
112 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
130 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
137 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
129 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
130 min

By car (off-peak)

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

Calculate your commute

318 2388 Western Parkway, Vancouver, BC is ideally located for commuters. The property is 8.7 km from Yaletown-Roundhouse, with a 112 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Wesbrook Mall @ Agronomy Rd (0.14 km).

Walkability & Transit Near 318 2388 Western Parkway

Walker's Paradise 92

Walk Score - Walker's Paradise

Daily errands do not require a car

Biker's Paradise 99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Costs & calculators

Monthly cost about $4,817/month · rent estimate $3,592/month · owning catches up with renting by year 7 · cash flow if rented −$1,468/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 318 2388 Western Parkway

$4,817 /month

Principal & Interest $4,022

Property Taxes $226

Maintenance fee $569

The estimated monthly cost of 318 2388 Western Parkway, Vancouver is $4,817: $4,022 principal and interest with 20% down over 30 years at 4.45%, plus $226 property tax and $569 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

−$1,468 /month

Mortgage Payment $4,022

Monthly Cash Flow −$1,468

Break Even Down Payment 50%

Cap Rate -1.8%

Cash on Cash -8.8%

If 318 2388 Western Parkway, Vancouver were rented at $3,592 a month with 5% vacancy, it would fall $1,468 a month short of the mortgage and carrying costs; about 50% 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 318 2388 Western Parkway, Vancouver

$3,592 / month

Rent $3,592

Own $4,817

Principal: $1,293/mo Interest, tax, insurance, fees: $3,524/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,083/mo (year 1) → ~$2,518/mo (year 20) → ~$3,756/mo (year 29).

Net cost to own at year 5 ~$3,524/mo About $68/mo less than renting

EstateBlock estimates 318 2388 Western Parkway, Vancouver would rent for about $3,592 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: 318 2388 Western Parkway

Rent vs own

Owning catches up by year 7

With 20% down ($199,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $71,148

Principal paid off by year 10 $159,989

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 318 2388 Western Parkway, Vancouver is cheaper at first, but owning catches up by year 7, with $71,148 of principal paid off by year 5 and $159,989 by year 10.