207 5955 IONA DRIVE

207 5955 IONA DRIVE · Vancouver, University · Apartment · 2 bed · 2 bath · $899,000 · MLS R3119015

Vancouver, British Columbia · Neighbourhood: University
C$899,000
For sale
207 5955 IONA DRIVE

207 5955 IONA DRIVE is located in Vancouver (University). Property snapshot: Apartment, 2 bed, 2 bath, listed at $899,000, MLS R3119015. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. C

List Price: $899,000
MLS: R3119015
Bedrooms: 2
Bathrooms: 2
Interior Size: 942 sqft
Days on Market: -
Days on Site: 74
Deal Score: 50/100
Catchment Schools: Catchment schools include University Hill Elementary, University Hill Secondary
Price History: Latest recorded list price 899000.00; 2 price change(s) on file

Local Decision Guide

How should buyers evaluate 207 5955 IONA DRIVE?

Start by reading this listing in its Vancouver University context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 207 5955 IONA DRIVE?

This page shows a list price of $899,000 with MLS R3119015.

What type of home is this Vancouver, University listing?

The page shows Apartment, 2 bed, 2 bath at 207 5955 IONA DRIVE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 899000.00; 2 price change(s) on file.

Which catchment schools are associated with 207 5955 IONA DRIVE?

Catchment schools include University Hill Elementary, University Hill Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Welcome to Folio by award winning developer Intracorp! This bright east facing 2 bedroom & 2 bathroom home features an open concept kitchen and living room with cozy gas fireplace. The bedrooms & bathrooms are located on opposite sides of the home - perfect for privacy whether hosting a guest or sharing the home with a roommate. The oversized laundry room is situated off the Kitchen and offers additional pantry and storage solutions for the home chef. The beautiful covered patio surrounded by lush greenery is perfect for year round bbq's and entertaining. Located on a quiet street on the North end of the campus in a well-managed building just steps from the beach, forested trails, sports facilities and amenities. 1 parking stall EV charging ready & 1 storage locker. (id:56153)

Property Details

Apartment
Building Type
2
Bedrooms
2
Bathrooms
2006
Year Built
20 years
Age
74
Days on Site
942 sqft
Interior Size
C$954
Price per Sqft

Complex Name: Folio

Transaction: For sale

Status: active

Listing ID: 29698341 (R3119015)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$899,000

PID: 026-917-726

Days on Site: 74 days

Added to BurnabyHouse: 2026-05-04

Updated on: 2026-07-09 03:01 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

University Hill Elementary ELEMENTARY
Public · School District 39
5395 Chancellor Blvd, Vancouver, BC
Straight-line distance about 966.7 m
University Hill Secondary SECONDARY
Public · School District 39
3228 Ross Dr, Vancouver, BC
Straight-line distance about 2.2 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
International News Market
About 619.7 m away
Grocery Checkout
About 651.1 m away
Shopping Centres
Upper Patio
About 471.5 m away
Green College Graham House
About 477.2 m away
6201 Cecil Green Park Road, Vancouver
Parks / Green Space
Fragrance Garden
About 447.1 m away
Rose Garden
About 577.7 m away
Rapid Transit Stations
UBC Trolley Bus Loop Stn
Future station · TBD
About 490.5 m away

Price History

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View price changes, listing events, and the full timeline.

Sold Area Stats

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Includes sold count, median sold price, and median days on market.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 09 Jul 2026 01:55:35 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Oakwyn Realty Ltd.

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