408 5955 Iona Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R3124268

$615,000
Est. Mortgage $2,721/mo
Folio
1 Beds
1 Baths
586 sqft
1049 $ /sqft
275.3 $ Maint. fee
2006 built
20.65% cheaper than comparables
$615,000
Est. $2,721/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 408 5955 Iona Drive

20.65% cheaper than comparables

TOP FLOOR south-facing 1 bedroom + den at Folio. Thoughtfully designed with no wasted space, this bright open-concept home is flooded with natural light through oversized windows and features 8’9” ceilings. Enjoy open southern views from the spacious living area and a well-appointed kitchen complete updated stainless steel appliances, gas range, granite countertops, ample cabinetry, and a large island with seating for four. The covered patio extends your living space year-round — perfect for morning coffee or evening unwinding. Includes in-suite laundry, 1 underground parking stall, and 1 oversized storage locker.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Fireplace 1
Heating Type Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

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

Building Details

Price $615,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 586
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Hot Water, Management, Sewer, Snow Removal
Building Name Folio
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $275.3
Community Features Shopping Nearby
Amenities Nearby Trash, Hot Water, Management, Sewer, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Rear Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Units In Development 84

Lot & Land

MLS® # R3124268
Area Vancouver West
Neighbourhood University VW
City Vancouver
Postal Code V6T 2L4
Gross Taxes $1,150.58
Zoning RES

Property Timeline

Status Date Price
R3124268 / Pending 05-15-2026 $615,000
Rooms
Floor Type Dimensions
Main Level Foyer 4'11 x 4'11 ft
Main Level Kitchen 11'5 x 11'5 ft
Main Level Dining Room 11'4 x 11'4 ft
Main Level Living Room 11'4 x 11'4 ft
Main Level Primary Bedroom 12'1 x 12'1 ft
Main Level Den 7'6 x 7'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3

Listed by: Dexter Realty & Dexter Realty

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
2.14 km
Elementary
University Hill Elementary School
Average
0.98 km
6.4/10

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
1.26 km
Elementary, Secondary
Eaton Arrowsmith School
1.26 km

Closest Transit

Bus Stop
Southbound Wesbrook Mall @ Iona Dr
0.12 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 408 5955 Iona Drive

Mortgage Calculator for 408 5955 Iona Drive

/month
Principal & Interest
Property Taxes $96
Maintenance fee 275.3
Based on a 30-year fixed at 4% interest with 20% down ($123,000), the estimated monthly payment for this listing is $2,720/month — $2,349 principal & interest, $96 property tax, $275 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%
At an estimated rental income of $2,275/month, this property runs a $495/month shortfall after mortgage and carrying costs. Break-even requires approximately 37% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — University VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $615,000
Vancouver Loading...
University VW Loading...

Based on 14 comparable active apartments/condos in University VW, the average asking price is $697,444. This listing is priced 11.8% below the neighbourhood average. This property is flagged as a Hot Deal (20.65% cheaper than comparables) 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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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