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Condo prices · D08

Kerrisdale

Sturdee Road · D08 · Rest of central region · Condominium

The median sale at Kerrisdale was $1,790,000 — $1,483 psf — across 76 transactions between Nov 2021 and Oct 2026. 99-year lease from 1998.

Median price
$1,790,000
76 sales in the window.
Median per sq ft
$1,483 psf
Median unit 1,259 sq ft.
Lease remaining
71 years
99-year lease from 1998

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$2,101
$1,790,000 over 71 years remaining.
Per sq ft per year
$20.02
What a square foot of this development costs for one year of lease.
Lease expires
2097
28 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

The median moved up 32 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021six sales$1265
  • 202222 sales$1313
  • 202312 sales$1458
  • 202414 sales$1573
  • 202512 sales$1643
  • 202610 sales$1674
Show the figures
YearMedian pricePer sq ftSales
2021$1,511,900$1,265 psf6
2022$1,630,000$1,313 psf22
2023$1,810,000$1,458 psf12
2024$2,000,000$1,573 psf14
2025$2,055,000$1,643 psf12
2026$2,064,000$1,674 psf10

What it rents for

URA’s median of rental contracts lodged at Kerrisdale in 2026Q3, per square foot per month.

Median rent per sq ft
$4.54
A month. Middle half of contracts ran $4.37 to $4.66.
Gross yield
3.67%
A year of median rent against the median sale price.
Median sale per sq ft
$1,483 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D08

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.