Home Vancouver, BC False Creek 1402 181 W 1st Avenue

1402 181 W 1st Ave, Vancouver BC V5Y 0E3 – Condo for Sale – MLS® R3181242

1402 181 W 1st Avenue, Vancouver, British Columbia V5Y 0E3

Vancouver Condos for Sale

8 days on the market

$2,948,000

Est. monthly cost $14,087/mo

Updated with MLS® - Nov 11, 2026 at 07:25am

3 Beds

3 Baths

1891 sqft

1559 $ /sqft

1475.43 $ Maint. fee

2010 built

Photos

Wake up to sweeping views of False Creek, downtown, and the North Shore peaks from this nearly 1,900 sq ft top-floor residence with 3 bedrooms and a den, with the main living area all on one level. Bright, open interiors make hosting effortless, centred on a chef’s kitchen with Sub-Zero and Miele appliances and abundant storage, all opening to outdoor space. Upstairs via your private internal spiral staircase, enjoy a 1,000+ square ft rooftop retreat, ready for summer dinners, sunset lounging, or a city garden, with a separate access door for upkeep. Year-round comfort comes from radiant heating and cooling, plus 2 parking spots, an extra-large storage locker, concierge, and Gold Medal Club membership. Seawall strolls, parks, cafés, and great restaurants are moments from your door.

Building 26 fields Inside & out 12 fields Lot & land 7 fields

Building Details

Price	$2,948,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	1891
Year Built	2010
Age Of Building	16
Building Type	Apartment/Condo
Unit Style	End unit
Property Type	Residential
Architecture Style	Penthouse
Stories	2
Building Amenities	Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Sewer, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$1,475.43
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Sewer, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground, Guest, Rear Access
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development	129

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator
Heating Type	Electric, Radiant
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Tile, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	Hinge Park, False Creek & Mtns
Roof	Concrete
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3181242
Area	Vancouver West
Neighbourhood	False Creek
City	Vancouver
Postal Code	V5Y 0E3
Gross Taxes	$8,789.97
Zoning	CD-1 (454)

Property Timeline

Status	Date	Price
R3181242 / Active	11-03-2026	$2,948,000
to view full Property History (3 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	8'1 x 8'1 ft
Main Level	Kitchen	10'7 x 10'7 ft
Main Level	Pantry	8'3 x 8'3 ft
Main Level	Dining Room	13'8 x 13'8 ft
Main Level	Living Room	17'11 x 17'11 ft
Main Level	Flex Room	11'5 x 11'5 ft
Main Level	Primary Bedroom	18'3 x 18'3 ft
Main Level	Walk-In Closet	7'5 x 7'5 ft
Main Level	Bedroom	13'4 x 13'4 ft
Main Level	Bedroom	11'7 x 11'7 ft
Main Level	Patio	28'3 x 28'3 ft
Above Level	Patio	66'2 x 66'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Main Level	No	#3
Main Level	Yes	#5

Listed by: Oakwyn Realty Ltd.

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, sell speed & climate

SkyTrain 0.64 km · crime average · sell-speed score 44/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (114 nearby)

Silver4 · 127 m · Beauty Shop
Td · 159 m · Bank
Coastal eye clinic · 162 m · Optician

Restaurants (109 nearby)

Stega eatery · 99 m · Restaurant
Nook · 118 m · Restaurant
Pizza hut · 130 m · Restaurant

Cafes (41 nearby)

Jj bean · 53 m · Cafe
Terra breads · 191 m · Cafe
The bubble tea shop · 224 m · Cafe

Groceries (36 nearby)

Legacy liquor · 173 m · Beverages
Save-on-foods · 230 m · Supermarket
Faculty brewing · 398 m · Beverages

Healthcare (11 nearby)

London drugs · 248 m · Healthcare
Yyoung medicine mart · 596 m · Healthcare
Save-on-foods pharmacy · 754 m · Healthcare

Transit (4 nearby)

Skytrain @ olympic village stn station · 641 m · Transit
Skytrain @ main street stn station · 703 m · Transit
Bus stop southbound cambie st @ robson st · 942 m · Transit

Gyms (1 nearby)

Cycklus · 748 m · Gym

Public Schools

Elementary
Simon Fraser Elementary School: Above Average 1.49 km 7.6/10

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 (Vancouver) Ltd: 0.8 km
Elementary,Secondary
Eaton Arrowsmith School (Vancouver) Ltd: 0.8 km

Closest Transit

Bus Stop
Eastbound W 2nd Ave @ Columbia St: 0.18 km
Skytrain
Skytrain @ Olympic Village Stn: 0.64 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Above Average 58.9%
No Certificate/Degree: Below Average 2.8%
Owner Occupied: Average 72.3%
Employment Rate: Below Average 33%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

Sell Speed & Competition

44 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $2,454,200

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.64 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How FALSE CREEK compares

This property

8 DOM

Very fast

False Creek avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

1402 181 W 1st Avenue has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 20.1% above comparable active properties in False Creek. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5Y 0E3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 0E3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~2.5 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

43 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 796 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 838 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 994 m
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 1.02 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.03 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 1.11 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 1.12 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.12 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 1.13 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.29 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.29 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 1.30 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.33 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.33 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.34 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.42 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.6 / 10	Distance 1.49 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.52 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.52 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.57 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.57 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.61 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 1.61 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.75 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.75 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.95 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.02 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.06 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.25 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 2.28 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.36 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.56 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.58 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.62 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.75 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.78 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.79 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.80 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.83 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.85 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 2.85 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info —	6.2 / 10	Distance 2.91 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.96 KM

Pre-computed routes from 1402 181 W 1st Ave, Vancouver, BC

1402 181 W 1st Ave, Vancouver, BC Olympic Village 0.6 km

17 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Olympic Village → Waterfront
17 min
Metrotown, Burnaby via Olympic Village → Metrotown
35 min
SFU Burnaby via Olympic Village → Production Way
42 min
Richmond Centre via Olympic Village → Brighouse
30 min
YVR Airport via Olympic Village → YVR-Airport
31 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
2 min
Metrotown, Burnaby via Lougheed Hwy
11 min
SFU Burnaby via Gaglardi Way
17 min
Richmond Centre via No. 3 Rd
14 min
YVR Airport via Bridgeport / Sea Island
12 min

Calculate your commute

1402 181 W 1st Ave, Vancouver, BC is ideally located for commuters. The property is 0.6 km from Olympic Village, with a 17 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W 2nd Ave @ Columbia St (0.18 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 1402 181 W 1st Avenue

Walker's Paradise 98

Walk Score - Walker's Paradise

Daily errands do not require a car

Rider's Paradise 99

Transit Score - Rider's Paradise

World-class public transportation

Biker's Paradise 93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 1402 181 W 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 028-218-345).

Total Assessed Value (2026)

$2,613,000

-5.7% YoY

-1.6%/yr over 4 yr

2022 Value Trend 2026

Land

$2,106,000

Buildings

$507,000

Year Built

2009

Class

Comprehensive Development

Zoning

CD-1 (454)

Property Tax

$8,790

Year	Land	Improvements	Total Assessed	YOY Change
2026	$2,106,000	$507,000	$2,613,000	-5.7%
2025	$2,234,000	$538,000	$2,772,000	+0.2%
2024	$2,230,000	$537,000	$2,767,000	-5.9%
2023	$2,371,000	$571,000	$2,942,000	+5.6%
2022	$2,250,000	$536,000	$2,786,000	—

Costs & calculators

Monthly cost about $14,087/month · rent estimate $7,075/month · renting is cheaper than owning here · cash flow if rented −$7,434/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 1402 181 W 1st Avenue

$14,087 /month

Principal & Interest $11,880

Property Taxes $732

Maintenance fee $1,475

The estimated monthly cost of 1402 181 W 1st Avenue, Vancouver is $14,087: $11,880 principal and interest with 20% down over 30 years at 4.45%, plus $732 property tax and $1,475 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$7,434 /month

Mortgage Payment $11,880

Monthly Cash Flow −$7,434

Break Even Down Payment 71%

Cap Rate -3.0%

Cash on Cash -15.1%

If 1402 181 W 1st Avenue, Vancouver were rented at $7,075 a month with 5% vacancy, it would fall $7,434 a month short of the mortgage and carrying costs; about 71% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1402 181 W 1st Avenue, Vancouver

$7,075 / month

Rent $7,075

Own $14,087

Principal: $3,821/mo Interest, tax, insurance, fees: $10,266/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$3,199/mo (year 1) → ~$7,439/mo (year 20) → ~$11,094/mo (year 29).

Net cost to own at year 5 ~$10,266/mo About $3,191/mo more than renting

EstateBlock estimates 1402 181 W 1st Avenue, Vancouver would rent for about $7,075 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 1402 181 W 1st Avenue

Rent vs own

Renting is cheaper here

With 20% down ($589,600) at 4.45%: even counting principal paydown, owning costs more over 30 years

Principal paid off by year 5 $210,165

Principal paid off by year 10 $472,594

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 1402 181 W 1st Avenue, Vancouver stays cheaper than owning it over 30 years, with $210,165 of principal paid off by year 5 and $472,594 by year 10.