Home Vancouver, BC False Creek Wall Centre False Creek 1404 138 W 1st Avenue

1404 138 W 1st Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3133524

90 days on the market

$1,298,000

Est. Mortgage $5,742/mo

Listing updated: Aug 6, 2026 at 11:19am

EstateBlock checked: Sep 6, 2026 at 04:45am

Wall Centre False Creek

2 Beds

2 Baths

931 sqft

1394 $ /sqft

662.85 $ Maint. fee

2013 built

90 days on the market

$1,298,000

$1,338,000

Est. $5,742/mo with 20% down

Listing updated: Aug 6, 2026 at 11:19am

EstateBlock checked: Sep 6, 2026 at 04:45am

Photos

Exterior Front Photo of 1404 138 W 1st Avenue, Vancouver, BC

Exterior Rear Photo of 1404 138 W 1st Avenue, Vancouver, BC

Living Room Photo of 1404 138 W 1st Avenue, Vancouver, BC

Family Room Photo of 1404 138 W 1st Avenue, Vancouver, BC

Dining Area Photo of 1404 138 W 1st Avenue, Vancouver, BC

Kitchen Photo of 1404 138 W 1st Avenue, Vancouver, BC

Kitchen Island Photo of 1404 138 W 1st Avenue, Vancouver, BC

Pantry Photo of 1404 138 W 1st Avenue, Vancouver, BC

Breakfast Nook Photo of 1404 138 W 1st Avenue, Vancouver, BC

Primary Bedroom Photo of 1404 138 W 1st Avenue, Vancouver, BC

Welcome to Wall Centre False Creek, just steps from rapid transit and surrounded by the best of urban living with an exceptional Walk Score of 98. Residents enjoy outstanding building amenities, including two fully equipped gyms, convenient guest suites, and a warm, pet friendly atmosphere. Inside the home, take in spectacular North Shore Mountain views and relax on the partially covered balcony—an inviting retreat for you and your four legged companion in any season. A rare blend of lifestyle, location, and livability.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Guest Suite, Storage
Heating Type	Baseboard
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	NORTH SHORE MNTS & FALSE CREEK
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$1,298,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	931
Year Built	2013
Age Of Building	13
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Building Name	Wall Centre False Creek
Ownership Type	Freehold Strata
Maintenance Fee	$662.85
Amenities Nearby	Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Other, Lane Access, Rear Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions	Cats OK, Dogs OK, Yes With Restrictions
Rental Suites	None

Lot & Land

MLS^® #	R3133524
Area	Vancouver West
Neighbourhood	False Creek
City	Vancouver
Postal Code	V5Y 0H5
Gross Taxes	$3,795.14
Zoning	CD-1

Property Timeline

Status	Date	Price
R3133524 / Active	06-08-2026	$1,298,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	16'1 x 16'1 ft
Main Level	Living Room	11'11 x 11'11 ft
Main Level	Dining Room	8'7 x 8'7 ft
Main Level	Primary Bedroom	11'4 x 11'4 ft
Main Level	Bedroom	10'6 x 10'6 ft
Main Level	Storage	7'5 x 7'5 ft
Main Level	Foyer	3'4 x 3'4 ft
Main Level	Patio	30'2 x 30'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#3

Listed by: Coldwell Banker Universe Realty

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 & Neighbourhood

Public Schools

Elementary
Simon Fraser Elementary School: Above Average 1.43 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: 0.87 km
Elementary,Secondary
Eaton Arrowsmith School (Vancouver) Ltd: 0.87 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Manitoba St: 0.09 km
Skytrain
Skytrain @ Main Street 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

38 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $839,806

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

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

90 DOM

Slower than area

False Creek avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

1404 138 W 1st Avenue has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 35.3% 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 only 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 0H5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 0H5, 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 (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.4 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.

Nearby Restaurants, Cafes & Shops

Restaurants (102 nearby)

Jay nok · 57 m · Restaurant
Big way hot pot · 65 m · Restaurant
Ophelia · 66 m · Restaurant

Shopping (89 nearby)

Kona's barber shop · 63 m · Hairdresser
Silver4 · 83 m · Beauty Shop
Td · 85 m · Bank

Cafes (40 nearby)

The bubble tea shop · 102 m · Cafe
Jj bean · 111 m · Cafe
Honolulu coffee · 112 m · Cafe

Groceries (29 nearby)

Legacy liquor · 141 m · Beverages
Save-on-foods · 146 m · Supermarket
Faculty brewing · 275 m · Beverages

Healthcare (11 nearby)

London drugs · 189 m · Healthcare
Yyoung medicine mart · 487 m · Healthcare
Pharmasave · 683 m · Healthcare

Transit (4 nearby)

Skytrain @ main street stn station · 639 m · Transit
Skytrain @ olympic village stn station · 683 m · Transit
Skytrain @ broadway-city hall stn station · 966 m · Transit

Gyms (1 nearby)

Cycklus · 857 m · Gym

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 —	0	Distance 867 m
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 930 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 940 m
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 984 m
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 996 m
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 1.03 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.11 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.13 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 1.17 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.19 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.23 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.25 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.34 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.41 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.42 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.6 / 10	Distance 1.43 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.45 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.52 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.57 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.59 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.61 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.70 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 1.73 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.85 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.85 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.02 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.03 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.10 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 2.21 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.26 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.33 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.44 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.51 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.62 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.69 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 2.77 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.80 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.82 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.83 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.84 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.92 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.96 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.99 KM

Pre-computed routes from 1404 138 W 1st Ave, Vancouver, BC

1404 138 W 1st Ave, Vancouver, BC Main Street 0.6 km

17 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Main Street → Waterfront
17 min
Metrotown, Burnaby via Main Street → Metrotown
23 min
SFU Burnaby via Main Street → Production Way
30 min
Richmond Centre via Main Street → Brighouse
42 min
YVR Airport via Main Street → YVR-Airport
43 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

1404 138 W 1st Ave, Vancouver, BC is ideally located for commuters. The property is 0.6 km from Main Street, with a 17 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 2nd Ave @ Manitoba St (0.09 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 1404 138 W 1st Avenue

Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 1404 138 W 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 029-100-542).

Total Assessed Value (2026)

$1,162,000

-4.5% YoY

-2.4%/yr over 4 yr

2022 Value Trend 2026

Land

$870,000

Buildings

$292,000

Year Built

2013

Class

Comprehensive Development

Zoning

CD-1 (462)

Property Tax

$3,909

Year	Land	Improvements	Total Assessed	YOY Change
2026	$870,000	$292,000	$1,162,000	-4.5%
2025	$911,000	$306,000	$1,217,000	-1.1%
2024	$922,000	$309,000	$1,231,000	-7.0%
2023	$991,000	$333,000	$1,324,000	+3.4%
2022	$925,000	$355,000	$1,280,000	—

Mortgage Calculator for 1404 138 W 1st Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $316

Maintenance fee 662.85

A 20% down payment of $259,600 on this $1,298,000 listing yields an estimated mortgage of $4,957/month (30-year fixed, 4%). Total estimated housing cost: $5,936/month, $316 property tax, $663 maintenance fee.

or Call 778-918-5990

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

Listing data last synced: Aug 6, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $3,699/month in estimated rental income against $5,992/month in mortgage payments, the monthly cashflow is -$2,293/month. A 57% down payment would reach break-even.

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

Estateblock Rent Estimate for 1404 138 W 1st Avenue, Vancouver

Buy Vs Rent Calculator

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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.