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$659,000
For Sale

#505 3228 Tupper Street, Vancouver, BC

1
beds
1
baths
525
sqft

#505 3228 Tupper Street, Vancouver, BC

Vancouver West | Cambie - R3027987

Olive By Cressey

Est.: $2,534/mo

Description

Welcome to Olive by Cressey, where Cambie Village meets Mount Pleasant. This bright, efficient open-concept home offers stunning Northern mountain & city views. The sought-after Cressey kitchen boasts solid wood cabinets, deep granite counters, stainless steel appliances, gas cooktop, wine fridge & full-sized fridge. Enjoy the cozy living room with electric fireplace, plus a spacious balcony spanning 19ft wide - accessible from both the living room & bedroom. CONCRETE construction, large windows, in-suite washer/dryer, 1 secured parking stall & storage locker are included. Prime location—steps from restaurants, cafés, shops, Heather & Douglas Parks, VGH, Broadway Skytrain. This is the urban lifestyle you've been waiting for!

Property Details

Property TypeApartment/Condo
Asking Price

Original Asking Price

$659,000

$659,000

Pad Fee0
Maintenance Fee$309.55
Listing Date

Days on Market

2025-Jul-15

5 days

Previously Sold Date2013-May-09
Size of House

Price per House SqFt

Maint. Fee per SqFt

525 sqft

$1,255

$0.59

Age of House19 years (2006)
Property Taxes$1,938 (2024)
Ownership InterestFreehold Strata
PID026-684-209
Seller's AgentMacdonald Realty
Buyer's Agent Commission3.2% ON THE 1ST $100,000 & 1.15% ON THE REMAINDER

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Storeys (Finished)
Basement Info
Floor Area (Finished)
Renovations
Roof
Flooring
Exterior Finish
Foundation
Fireplaces
Heating
Rules
Outdoor Features
Parking
Utilities
Water Supply
Sewer
Rear Yard
Flood Plain
Zoning

Listing Details

Asking Price$659,000
Listing Date2025-Jul-15
MLS® NumberR3027987
Primary BrokerMacdonald Realty

Features & Amenities

✓ View (Mountain, Downtown Vancouver)✓ Central Location
✓ Recreation Nearby✓ Shopping Nearby
✓ Elevator✓ Storage
✓ In Unit Laundry✓ Washer/Dryer
✓ Dishwasher✓ Refrigerator
✓ Stove✓ Microwave

Room Information

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RoomLevelDimensions

MLS® Pricing History

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DateStatusPriceChange
2024-Dec-15
Listed
$1,250,000

-$25,000 -2.0%

2024-Nov-28
Price Change
$1,275,000

-$24,000 -1.8%

2024-Nov-01
Listed
$1,299,000
2023-Aug-22
Sold
$1,150,000

-$25,000 -2.1%

2023-Aug-10
Price Change
$1,175,000

-$24,000 -2.0%

2023-Jul-15
Listed
$1,199,000
2022-Mar-18
Sold
$985,000

-$14,000 -1.4%

2022-Mar-05
Listed
$999,000
2021-Sep-12
Sold
$825,000

-$24,000 -2.8%

2021-Aug-28
Listed
$849,000

Assessment History

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YearLandImprovementsTotalYoY ChangeTaxes
2025$407,000$178,000$585,000-$68,000-10.4%$1,824
2024$454,000$199,000$653,000+$43,231+7.1%$1,938
2023$417,769$192,000$609,769+$74,769+14.0%$1,696
2022$364,000$171,000$535,000+$22,000+4.3%$1,441
2021$349,000$164,000$513,000-$44,000-7.9%$1,499
2020$396,000$161,000$557,000-$47,000-7.8%$1,630
2019$442,000$162,000$604,000+$75,000+14.2%$1,513
2018$367,000$162,000$529,000+$71,000+15.5%$1,306
2017$294,000$164,000$458,000+$82,000+21.8%$1,170
2016$224,000$152,000$376,000$1,190

Asking Price is 12.6% higher than Assessed Value (2025).

Mortgage Calculator

Jeffrey Tseng - Mortgage Partner

Jeffrey Tseng

Vita Lending Corp.

20.0% | $131,800
30 Years
Rate
Provider
Payment
4.09%
CIBC logo
CIBC
$2,534
4.14%
Coast Capital logo
Coast Capital
$2,549
4.19%
National Bank logo
National Bank
$2,564
4.19%
CWB logo
CWB
$2,564
4.24%
Manulife logo
Manulife
$2,579
4.49%
RBC logo
RBC
$2,655
4.51%
BMO logo
BMO
$2,661
4.54%
TD logo
TD
$2,671
5.59%
Community Trust logo
Community Trust
$3,002

The displayed rates are provided as guidance only, are not guaranteed, and are not to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Nearby Schools

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Market Statistics

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Active Properties

All ActiveThis Property
All Residential1,250
Median Asking Price$875,000
Median Price per SqFt$650
Median Days on Market28

Sold Properties

Dec 2024Nov 2024Dec 2023
All Residential
(% change from Dec 2023)
127
(↑5.2%)
139
121
Median Selling Price
(% change from Dec 2023)
$1,375,000
(↑8.1%)
$1,368,000
$1,272,000
Median Price per SqFt
(% change from Dec 2023)
$902
(↑7.8%)
$895
$837
Median Days on Market
38
35
31
Median Discount Off Ask
2.8%
2.6%
2.2%
New Listings
365
380
398
Months of Inventory
24.8
21.7
18.5
Seller's
5.0Balanced Market8⅓
Buyer's

Number of Sales (Cambie)

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