PH1 2121 W 38th Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R2994127

502 days on the market
$2,499,000
Est. Mortgage $11,056/mo
Listing updated:
EstateBlock checked:
3 Beds
3 Baths
1575 sqft
1587 $ /sqft
1049.24 $ Maint. fee
1993 built
502 days on the market
$2,499,000
Est. $11,056/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for PH1 2121 W 38th Avenue

Stunning 360-Degree Views in the Heart of Kerrisdale! This exceptional penthouse spans the entire top floor with direct elevator access into a private foyer. Featuring 3 bedrooms and 2.5 bathrooms, it offers expansive interior living spaces and two generous balconies. Recently renovated throughout, the home boasts an open-concept kitchen and bright, spacious living, family, and dining areas framed by floor-to-ceiling windows showcasing breathtaking panoramic views of the city, mountains, and ocean. Includes 3 parking stalls. Unbeatable location-just steps from shops, restaurants, and Point Grey Secondary.

Interior Features

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

Exterior Features

Exterior Features Balcony
View Description 360 view of ocean, mountain
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $2,499,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1575
Year Built 1993
Age Of Building 32
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Building Amenities Bike Room, Caretaker, Trash, Hot Water, Management
Ownership Type Freehold Strata
Maintenance Fee $1,049.24
Amenities Nearby Bike Room, Caretaker, Trash, Hot Water, Management
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Garage Door Opener
Total Parking Spaces 3
Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Rental Restrictions 100

Lot & Land

MLS® # R2994127
Area Vancouver West
Neighbourhood Kerrisdale
City Vancouver
Postal Code V6M 1R8
Gross Taxes $5,636.58
Zoning RM-3

Property Timeline

Status Date Price
R2994127 / Active 04-22-2025 $2,499,000
Rooms
Floor Type Dimensions
Main Level Living Room 10' x 10' ft
Main Level Family Room 11'8 x 11'8 ft
Main Level Dining Room 12'8 x 12'8 ft
Main Level Kitchen 9'11 x 9'11 ft
Main Level Primary Bedroom 14'1 x 14'1 ft
Main Level Bedroom 12'8 x 12'8 ft
Main Level Bedroom 9'11 x 9'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4
Main Level No #2

Listed by: Magsen Realty 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 & Neighbourhood

Public Schools

Secondary
Point Grey Secondary School
0.25 km
Elementary
Quilchena Elementary School
Average 0.36 km 6.1/10

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

Private Schools

Elementary, Secondary
Vancouver College
Above Average 1.49 km 10/10
Elementary, Secondary
Vancouver College
Above Average 1.49 km 10/10

Closest Transit

Bus Stop
Southbound West Blvd @ W 37 Ave
0.08 km
Skytrain
Skytrain @ Oakridge-41St Stn
2.95 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 45.4%
No Certificate/Degree
Below Average 10%
Owner Occupied
Below Average 31.4%
Employment Rate
Average 55.5%

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

39 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,789,284
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.95 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 KERRISDALE compares
This property
502 DOM
Slower than area
Kerrisdale avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

PH1 2121 W 38th Avenue has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 28.4% above comparable active properties in Kerrisdale. 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 could take longer than the area average to sell.

Climate Risk for V6M 1R8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6M 1R8, 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 A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~5.7 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.

Nearby Restaurants, Cafes & Shops

Shopping (36 nearby)

  • Mentor hair salon & beauty collage · 57 m · Hairdresser
  • Hair by maxim · 61 m · Hairdresser
  • Finns kerrisdale · 69 m · Clothes

Restaurants (35 nearby)

  • White spot · 55 m · Restaurant
  • Bufala · 56 m · Restaurant
  • Sushi king house · 59 m · Restaurant

Groceries (12 nearby)

  • Homeslice cafe & bakery · 67 m · Bakery
  • West coast liquor · 150 m · Beverages
  • Kin's farm market · 337 m · Supermarket

Cafes (12 nearby)

  • Secret garden tea company · 238 m · Cafe
  • Nana's green tea · 321 m · Cafe
  • Tim hortons · 344 m · Cafe

Healthcare (5 nearby)

  • Kripps health care rx · 92 m · Healthcare
  • Kerrisdale pharmacy · 218 m · Healthcare
  • Shoppers drug mart · 400 m · Healthcare

Gyms (1 nearby)

  • Kerrisdale community centre · 491 m · Gym

Transit (1 nearby)

  • Bus stop northbound arbutus st @ valley dr · 908 m · Transit

Schools NearBy

36 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Point Grey Secondary

Public

Grades Served

Catchment Info

8.2 / 10

Distance

217 m

Point Grey Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
8.2 / 10

Distance

249 m

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.6 / 10

Distance

361 m

Prince of Wales Secondary School

Public

Grades Served

8-12

Catchment Info

8.4 / 10

Distance

880 m

Maple Grove Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

971 m

Magee Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

1.01 KM

Dr. George M. Weir Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

1.22 KM

Kerrisdale Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.33 KM

Trafalgar Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.47 KM

Vancouver College

Independent

Grades Served

K-12

Catchment Info

8.6 / 10

Distance

1.49 KM

Shaughnessy Elementary School

Public

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

1.51 KM

Crofton House

Independent

Grades Served

K-12

Catchment Info

9.5 / 10

Distance

1.55 KM

Little Flower Academy

Independent

Grades Served

8-12

Catchment Info

10.0 / 10

Distance

1.57 KM

York House School

Independent

Grades Served

K-12

Catchment Info

9.3 / 10

Distance

1.68 KM

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.84 KM

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.23 KM

Lord Kitchener Elementary School

Public

Grades Served

K-7

Catchment Info

8.2 / 10

Distance

2.31 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

0

Distance

2.40 KM

Rose-des-vents

Public

Grades Served

Catchment Info

7.5 / 10

Distance

2.42 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

2.44 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

2.44 KM

Secondaire Jules-Verne

Public

Grades Served

Catchment Info

7.5 / 10

Distance

2.45 KM

Carnarvon Community Elementary

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.47 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.54 KM

Kitsilano Secondary School

Public

Grades Served

8-12

Catchment Info

7.2 / 10

Distance

2.80 KM

Dr. Annie B. Jamieson Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

2.80 KM

Fraser Academy

Independent

Grades Served

2-12

Catchment Info

6.2 / 10

Distance

2.80 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.80 KM

Dr Annie B Jamieson Elementary

Public

Grades Served

Catchment Info

8.3 / 10

Distance

2.81 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

9.8 / 10

Distance

2.84 KM

SelfDesign Learning Community (DL)

Independent

Grades Served

Catchment Info

5.7 / 10

Distance

2.87 KM

Sir Winston Churchill Secondary School

Public

Grades Served

8-12

Catchment Info

8.1 / 10

Distance

2.95 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

0

Distance

2.97 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

5.7 / 10

Distance

2.98 KM

Southlands Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

3.00 KM

Vancouver Technical Secondary School

Public

Grades Served

8-12

Catchment Info

7.1 / 10

Distance

3.00 KM

Pre-computed routes from PH1 2121 W 38th Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Oakridge-41st → Waterfront
    50 min
  • Metrotown, Burnaby via Oakridge-41st → Metrotown
    68 min
  • SFU Burnaby via Oakridge-41st → Production Way
    75 min
  • Richmond Centre via Oakridge-41st → Brighouse
    51 min
  • YVR Airport via Oakridge-41st → YVR-Airport
    52 min

By car (off-peak)

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

Calculate your commute

PH1 2121 W 38th Ave, Vancouver, BC is ideally located for commuters. The property is 3.0 km from Oakridge-41st, with a 50 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound West Blvd @ W 37 Ave (0.08 km). Walk Score Transit rating: Good Transit (59/100).

Walkability & Transit Near PH1 2121 W 38th Avenue

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 59

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — PH1 2121 W 38th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 018-349-749).
Total Assessed Value (2026)
$1,816,000
-11.5% YoY
-0.6%/yr over 4 yr
2022 Value Trend 2026
Land
$1,193,000
Buildings
$623,000
Year Built
1993
Class
Residential
Zoning
RM-3
Property Tax
$6,109
Year Land Improvements Total Assessed YOY Change
2026 $1,193,000 $623,000 $1,816,000
-11.5%
2025 $1,349,000 $704,000 $2,053,000
+8.1%
2024 $1,248,000 $651,000 $1,899,000
-4.1%
2023 $1,301,000 $679,000 $1,980,000
+6.6%
2022 $1,083,000 $774,000 $1,857,000

Mortgage Calculator for PH1 2121 W 38th Avenue

/month
Principal & Interest
Property Taxes $470
Maintenance fee 1049.24
With a 20% down payment, buyers can expect an estimated $11,063/month in total housing costs on this $2,499,000 property — $9,544 mortgage payment, $470 property tax, $1,049 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
Based on $5,935/month estimated rent and $11,131/month in total housing costs, this property has a -$5,197/month cashflow. Break-even down payment: approximately 64%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for PH1 2121 W 38th Avenue, 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 — Kerrisdale, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,499,000
Vancouver Loading...
Kerrisdale Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar apartments/condos average $1,945,722 across 24 active listings — this listing is 28.4% above the Vancouver 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

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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 PH1 2121 W 38th Avenue

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 59

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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