5.3% price reduction

1685 Lakewood Dr, Vancouver, BC

$1,249,900
Est. Mortgage /mo

MLS# R3050026 · Lakewood

3 Beds
3 Baths
1326 sqft
943 $ /sqft
663.39 $ Maint. fee
2025 built
$1,249,900
$1,319,900
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

5.3% price reduction

NEW PRICES!!! This 3-bedroom Passive House townhome by Dimex Group and Lakewood is located in the vibrant heart of Vancouver’s Commercial Drive. You’re just steps away from cool cafes, trendy restaurants, local shops, and easy access to transit. The kitchen features a Fisher & Paykel fridge and Bosch appliances, paired with minimalist Quartz countertops and backsplash—perfect for cooking and hosting. This Passive House construction is engineered to save you 90% on heating costs, giving you a seriously sustainable home that keeps energy bills low. Triple-pane windows offer peace and quiet, plus top-notch air quality so you can breathe easy. This unit has the largest private outdoor space in the complex, AC Ready, 1 EV Ready Parking Stall and a storage locker. Ready to call this place home?

General Info

Price $1,249,900
Total Bedrooms 3
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 1326
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement 0
Basement Features None

Property Metrics

Year Built 2025
Age Of Building 0
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Trash, Maintenance Grounds, Management, Sewer, Water
Structures Residential Attached

Additional Details

MLS® # R3050026
Building Name Lakewood
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Postal Code V5N 1B6
Price per Sqft -
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $663.39
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Management, Sewer, Water

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Lane Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes
Rental Restrictions -
Zoning RM-12N
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Storage
Locker 1
View -
View Description -
Units In Development 25
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property Timeline

Status Date Price
R3050026 / Active 09-18-2025 $1,249,900
Rooms
Floor Type Dimensions
Main Level Living Room 13'8 x 13'8 ft
Main Level Kitchen 9'8 x 9'8 ft
Main Level Dining Room 9'7 x 9'7 ft
Above Level Primary Bedroom 11'2 x 11'2 ft
Above Level Bedroom 9'9 x 9'9 ft
Above Level Bedroom 11'3 x 11'3 ft
Bathrooms
Floor Ensuite Pieces
Above Level Yes #3
Above Level No #4
Main Level No #3
Listed by: Link Brokerage Inc. & Oakwyn Realty Ltd. & 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.

Neighborhood & Transit Info

Public Schools

Secondary
Templeton Secondary School
1.01 km
Elementary
Lord Nelson Elementary School
Average
0.36 km
6.8/10

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

Private Schools

Elementary
St Francis of Assisi
Above Average
0.82 km
8.9/10
Elementary, Secondary
PALS Autism School
1.28 km

Closest Transit

Bus Stop
Southbound Nanaimo St @ E 1st Ave
0.39 km
Skytrain
Skytrain @ Commercial-Broadway Stn
0.98 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
38.8%
No Certificate/Degree
Average
14.6%
Owner Occupied
Below Average
52.9%
Employment Rate
Average
58.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($249,980), the estimated monthly payment for this listing is $5,437/month — $4,774 principal & interest, $663 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $3,749/month, this property runs a $1,742/month shortfall after mortgage and carrying costs. Break-even requires approximately 50% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,249,900
Vancouver Loading...
Grandview Woodland Loading...
Based on 4 comparable active Townhouses in Grandview Woodland, the average asking price is $1,587,400. This listing is priced 21.3% below the neighbourhood average. This property is flagged as a Hot Deal (5.3% price reduction) based on its competitive pricing and market demand.
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 1685 Lakewood Drive, Vancouver, BC?
The closest top-rated schools are Templeton Secondary School and Lord Nelson Elementary School.
Is 1685 Lakewood Drive, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1685 Lakewood Drive, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,499.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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