Buyer guide · Capitol Hill BN

Buying at 5688 East Hastings Street

6 units at Oro have sold since 2021 at a median of $692,500, achieving 96.6% of asking in about 26 days. Here is what that means for what you will pay — and what to read before you offer.

The numbers that set your offer
$692,500
Median sold
96.6%
Of asking price
26
Avg days on market
$854
Sold $/sq ft
$608/mo
Avg strata fee
1
Listed now

That leaves roughly $23,545 off a median-priced unit on average — the building's pattern, not a guarantee on any one home.

What you will pay, by size

Sold figures are what buyers actually paid across all 6 sales. Asking is what is listed today.

TypeSold avgSold rangeAsking now
2 bedroom · ~818 sq ft$690,500$618K – $740K$730K – $730K (1)

What to read before you offer

Whether Oro is a good building to buy into is decided by its documents, not its listing photos. These are the ones that matter, and what each is for.

Strata minutes (2 years)
Where problems surface first — leaks, litigation, repeated repairs, and the arguments that precede a special levy.
Depreciation report
The 30-year forecast of major components and what they will cost. Tells you whether today’s fee is realistic or deferred.
Form B Information Certificate
Confirms the actual monthly fee, the contingency fund balance, any levies owing, parking and locker allocation, and rental or pet restrictions.
Engineering and remediation reports
Envelope, roof, plumbing and elevator work. An approved project not yet levied is a cost you inherit on completion.
Insurance summary
Deductibles on water damage have risen sharply across BC, and the strata can charge a deductible back to an owner.
Bylaws and rules
Rentals, pets, age restrictions, short-term use and renovation approvals. Oro’s specifics are on the building page.

Saeed Farahani obtains and reviews these with you as part of representing you on a purchase.

Common questions

Is Oro a good building to buy in?

No one can answer that honestly from the listing alone — it depends on what the documents say. The market record is a starting point: 6 units have sold here since 2021 at a median of $692,500, averaging 26 days on market and 96.6% of asking. What decides it is the strata minutes, the depreciation report and the Form B — whether work is approved but not yet levied, how healthy the contingency fund is, and whether the current fee reflects real costs. Saeed Farahani obtains and reviews those documents with you before you write an offer.

How much can I negotiate at Oro?

Sales here have averaged 96.6% of asking over about 26 days on market — roughly $23,545 off a median-priced unit. That is the building's average, not a guarantee; a well-priced unit still sells at full price.

What do units at Oro actually sell for?

6 sales since 2021, from $547,500 to $740,000, median $692,500. That works out to about $854 per square foot. Asking prices on current listings are a separate question — what sold is what the market paid.

Why are the strata fees at Oro what they are?

Fees on current listings average $608 a month, which is about $0.76 per square foot. Per square foot is the only fair comparison — a larger suite paying more is not the same as an expensive building. A fee that looks high often reflects a well-funded contingency, or amenities and utilities bundled into it; a fee that looks low can mean deferred maintenance and a levy ahead. The depreciation report and recent minutes are what distinguish the two, and Saeed will go through them with you.

What is for sale at Oro right now?

1 unit is currently listed, asking $730,000 to $730,000 (about $910 per square foot). Current listings and photos are on the building page.

What amenities does Oro have?

Amenities, bylaws and strata details for Oro are set out in full on the building page, alongside current listings. This page covers the buying decision rather than repeating them.

Figures are drawn from recorded MLS® sales and current listings at Oro (EPS1372) from 2021 onward and describe the building, not any individual home. Nothing here is a substitute for reviewing the strata documents. See amenities, bylaws and current listings →

Saeed Farahani
Saeed Farahani
Re/Max Crest Realty
📍 5688 East Hastings Street
Ask about Oro

Why work with Saeed

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Call 778-883-3264or send a message
Buying at 5688 East Hastings Street (Oro) — What Units Really Sell For, Median $693K