Home Vancouver, BC Fairview VW PH2A 2988 W Alder St

PH2A 2988 W Alder St, Vancouver BC - Apartment/Condo for Sale - MLS# R3160642

Name: Open House: PH2A 2988 W Alder St, MLS#R3160642
Start: 2026-09-05T13:00:00-07:00
End: 2026-09-05T15:00:00-07:00
Location: PH2A 2988 W Alder St, Vancouver, BC

1 day on the market

$1,359,000

Est. Mortgage $6,012/mo

Listing updated: Sep 2, 2026 at 11:25am

EstateBlock checked: Sep 2, 2026 at 02:40pm

2 Beds

2 Baths

1243 sqft

1093 $ /sqft

758.6 $ Maint. fee

1992 built

NEW OPEN HOUSE

1 day on the market

$1,359,000

Est. $6,012/mo with 20% down

Listing updated: Sep 2, 2026 at 11:25am

EstateBlock checked: Sep 2, 2026 at 02:40pm

Photos

Exterior Front Photo of PH2A 2988 W Alder St, Vancouver, BC

Exterior Rear Photo of PH2A 2988 W Alder St, Vancouver, BC

Living Room Photo of PH2A 2988 W Alder St, Vancouver, BC

Family Room Photo of PH2A 2988 W Alder St, Vancouver, BC

Dining Area Photo of PH2A 2988 W Alder St, Vancouver, BC

Kitchen Photo of PH2A 2988 W Alder St, Vancouver, BC

Kitchen Island Photo of PH2A 2988 W Alder St, Vancouver, BC

Pantry Photo of PH2A 2988 W Alder St, Vancouver, BC

Breakfast Nook Photo of PH2A 2988 W Alder St, Vancouver, BC

Primary Bedroom Photo of PH2A 2988 W Alder St, Vancouver, BC

Welcome to Shaughnessy Gate! This spacious 2-bedroom, 2-bathroom penthouse offers comfortable one-level living with impressive views of False Creek, downtown Vancouver and the North Shore Mountains. The well-designed layout features generous living and dining areas, a bright solarium, in-suite laundry and storage, plus a private balcony. Additional highlights include two parking spaces, with an EV charger installed at one of the stalls. This well-managed concrete building is fully rain-screened and features upgraded elevators, along with amenities including a bike room, clubhouse, storage and tennis court. Ideally located just steps from the shops, restaurants and amenities of South Granville, with convenient access to transit and downtown. Pet-friendly with restrictions.

Open houses

05 Sep, 2026 (01:00 PM to 03:00 PM)

06 Sep, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator
Heating Type	Mixed
# of Kitchens	1
Foundation	Block, Concrete Perimeter

Exterior Features

Exterior Features	Tennis Court(s), Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$1,359,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1243
Year Built	1992
Age Of Building	34
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Penthouse
Stories	1
Building Amenities	Bike Room, Clubhouse, Trash, Maintenance Grounds, Hot Water, Management, Other, Water
Ownership Type	Freehold Strata
Maintenance Fee	$758.6
Amenities Nearby	Bike Room, Clubhouse, Trash, Maintenance Grounds, Hot Water, Management, Other, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions

Lot & Land

MLS^® #	R3160642
Area	Vancouver West
Neighbourhood	Fairview VW
City	Vancouver
Postal Code	V6H 4C3
Gross Taxes	$4,413.49
Zoning	R3-3

Property Timeline

Status	Date	Price
R3160642 / Active	09-01-2026	$1,359,000

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	13'6 x 13'6 ft
Main Level	Bedroom	11'0 x 11'0 ft
Main Level	Living Room	14'10 x 14'10 ft
Main Level	Kitchen	13'4 x 13'4 ft
Main Level	Dining Room	14'10 x 14'10 ft
Main Level	Laundry	9'6 x 9'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
Main Level	No	#3

Listed by: Oakwyn Realty Ltd.

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

Elementary
Emily Carr Elementary School: Above Average 1.04 km 7.8/10

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

Private Schools

Elementary
Blessed Sacrament School: Above Average 0.83 km 8/10
Secondary
St. Lawrence School: Above Average 0.54 km 8.2/10

Closest Transit

Bus Stop
Westbound W 15 Ave @ Birch St: 0.27 km
Skytrain
Skytrain @ Broadway-City Hall Stn: 1.25 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 51.6%
No Certificate/Degree: Below Average 3.7%
Owner Occupied: Below Average 46%
Employment Rate: Below Average 28.6%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

50 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,223,100

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.25 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How FAIRVIEW VW compares

This property

1 DOM

Very fast

Fairview VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

PH2A 2988 W Alder St has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10% above comparable active properties in Fairview 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 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.

Climate Risk for V6H 4C3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6H 4C3, 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 (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.9 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

Restaurants (80 nearby)

Joon's kitchen · 309 m · Restaurant
Rayhan mediterranean restaurant · 352 m · Fast Food
De dutch · 358 m · Restaurant

Shopping (79 nearby)

Pharmasave · 294 m · Pharmacy
Oaksville laundromat · 309 m · Laundry
Scrub depot · 344 m · Clothes

Cafes (35 nearby)

Comma cafe · 374 m · Cafe
Starbucks · 435 m · Cafe
Fufú café · 489 m · Cafe

Healthcare (11 nearby)

Pharmasave · 294 m · Healthcare
Shoppers drug mart · 414 m · Healthcare
Finlandia pharmacy and natural health centre · 522 m · Healthcare

Groceries (8 nearby)

Max's deli · 307 m · Bakery
Sunshine market · 314 m · Supermarket
Broadway liquor store · 513 m · Beverages

Parks & Recreation (2 nearby)

Off-leash dog park for small and shy dogs · 872 m · Dog Park
Off-leash dog park · 881 m · Dog Park

Transit (1 nearby)

Bus stop southbound oak st @ balfour ave · 886 m · Transit

Schools NearBy

52 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 533 m
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 542 m
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 704 m
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 769 m
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 834 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 944 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 960 m
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.8 / 10	Distance 1.04 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 1.15 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 1.19 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.23 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 1.28 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 1.29 KM
York House School	Independent	Grades Served K-12	Catchment Info —	9.3 / 10	Distance 1.33 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.38 KM
Little Flower Academy	Independent	Grades Served 8-12	Catchment Info —	10.0 / 10	Distance 1.44 KM
Shaughnessy Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.50 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.58 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.68 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 1.76 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 1.85 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.91 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 1.93 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.06 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 2.08 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.09 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.14 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.25 KM
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 2.42 KM
Kitsilano Secondary School	Public	Grades Served 8-12	Catchment Info —	7.2 / 10	Distance 2.44 KM
Prince of Wales Secondary School	Public	Grades Served 8-12	Catchment Info —	8.4 / 10	Distance 2.45 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 2.46 KM
Vancouver Technical Secondary School	Public	Grades Served 8-12	Catchment Info —	7.1 / 10	Distance 2.50 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 2.53 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.57 KM
Secondaire Jules-Verne	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.58 KM
Vancouver College	Independent	Grades Served K-12	Catchment Info —	8.6 / 10	Distance 2.59 KM
Rose-des-vents	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.63 KM
Trafalgar Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.64 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.66 KM
SelfDesign Learning Community (DL)	Independent	Grades Served —	Catchment Info —	5.7 / 10	Distance 2.71 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.72 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.73 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.75 KM
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.80 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 2.87 KM
Point Grey Secondary School	Public	Grades Served 8-12	Catchment Info —	8.2 / 10	Distance 2.88 KM
King David High School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.90 KM
Point Grey Secondary	Public	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.91 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.96 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.96 KM
General Gordon Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.96 KM

Pre-computed routes from PH2A 2988 W Alder St, Vancouver, BC

PH2A 2988 W Alder St, Vancouver, BC Broadway-City Hall 1.2 km

25 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Broadway-City Hall → Waterfront
25 min
Metrotown, Burnaby via Broadway-City Hall → Metrotown
43 min
SFU Burnaby via Broadway-City Hall → Production Way
50 min
Richmond Centre via Broadway-City Hall → Brighouse
36 min
YVR Airport via Broadway-City Hall → YVR-Airport
37 min

By car (off-peak)

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

Calculate your commute

PH2A 2988 W Alder St, Vancouver, BC is ideally located for commuters. The property is 1.2 km from Broadway-City Hall, with a 25 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 15 Ave @ Birch St (0.27 km). Walk Score Transit rating: Excellent Transit (74/100).

Walkability & Transit Near PH2A 2988 W Alder St

Car-Dependent 93

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 74

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 91

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — PH2A 2988 W Alder St

2026 assessed value, sourced from City of Vancouver open data (PID 017-688-817).

Total Assessed Value (2026)

$1,312,000

-13.9% YoY

-3.3%/yr over 4 yr

2022 Value Trend 2026

Land

$1,031,000

Buildings

$281,000

Year Built

1991

Class

Residential

Zoning

R3-3

Property Tax

$4,413

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,031,000	$281,000	$1,312,000	-13.9%
2025	$1,181,000	$342,000	$1,523,000	-3.5%
2024	$1,224,000	$354,000	$1,578,000	-2.7%
2023	$1,258,000	$364,000	$1,622,000	+7.9%
2022	$1,089,000	$414,000	$1,503,000	—

Mortgage Calculator for PH2A 2988 W Alder St

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $368

Maintenance fee 758.6

With a 20% down payment, buyers can expect an estimated $6,317/month in total housing costs on this $1,359,000 property — $5,190 mortgage payment, $368 property tax, $759 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: Sep 2, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $3,873/month estimated rent and $6,375/month in total housing costs, this property has a -$2,501/month cashflow. Break-even down payment: approximately 59%.

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

Estateblock Rent Estimate for PH2A 2988 W Alder St, Vancouver

Buy Vs Rent Calculator

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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.