202 525 Wheelhouse Square, Vancouver BC - Apartment/Condo for Sale - MLS# R3129465

101 days on the market
$899,000
Est. Mortgage $3,977/mo
Listing updated:
EstateBlock checked:
Henley Court
2 Beds
2 Baths
1030 sqft
873 $ /sqft
741.61 $ Maint. fee
1990 built
18.4% cheaper than comps
101 days on the market
$899,000
Est. $3,977/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 202 525 Wheelhouse Square

18.4% cheaper than comps

Live on the Seawall! First time on the market at "Henley Court", this spacious 2-bedroom, 2-bath home is ideally located on the south side of False Creek, just steps to the Seawall. Perfectly situated within walking distance to Granville Island, local shops, restaurants, and Skytrain, this home offers an exceptional False Creek lifestyle. Set in a quiet, established waterfront community, a functional layout and comfortable living space. Residents enjoy excellent building amenities including a fitness centre, indoor pool, hot tub, sauna, and bike room, all just minutes from Olympic Village and downtown Vancouver.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Heating Type Baseboard
# of Kitchens 1
Flooring Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $899,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1030
Year Built 1990
Age Of Building 36
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name Henley Court
Ownership Type Freehold Strata
Maintenance Fee $741.61
Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Underground, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed
Pet Restrictions No
Rental Suites None

Lot & Land

MLS® # R3129465
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Z 4L8
Gross Taxes $3,180.63
Zoning FCCDD

Property Timeline

Status Date Price
R3129465 / Active 05-28-2026 $899,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 13'0 x 13'0 ft
Main Level Dining Room 13'0 x 13'0 ft
Main Level Kitchen 9'8 x 9'8 ft
Main Level Bedroom 16'5 x 16'5 ft
Main Level Bedroom 12'0 x 12'0 ft
Main Level Den 8'6 x 8'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Prompton Real Estate Services Inc. & Prompton Real Estate Services Inc. & Prompton Real Estate Services Inc.

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
False Creek Elementary School
Average 0.76 km 6/10
Secondary
Kitsilano Secondary School
Above Average 3.55 km 7.2/10

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
0.27 km
Elementary,Secondary
Eaton Arrowsmith School (Vancouver) Ltd
0.27 km

Closest Transit

Bus Stop
Olympic Village Station @ Bay 2
0.33 km
Skytrain
Skytrain @ Olympic Village Stn
0.30 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 51.2%
No Certificate/Degree
Below Average 4.9%
Owner Occupied
Below Average 44.8%
Employment Rate
Below Average 43.7%

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

73 / 100
Overall sell-speed score
Likely within weeks
A
Price competition grade
Avg comparable: $1,064,416
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.30 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
101 DOM
Slower than area
False Creek avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

202 525 Wheelhouse Square has a sell-speed score of 73/100, placing it in the "Expected to sell within weeks" band. The listing is priced 18.4% below comparable active properties in False Creek, which is a strong competitive signal. 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 likely to sell within a few weeks.

Climate Risk for V5Z 4L8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Z 4L8, 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 (~3 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

Shopping (153 nearby)

  • Busy bee gold · 482 m · Laundry
  • Canadian tire · 482 m · Department Store
  • Reckless the bike store · 515 m · Bicycle Shop

Restaurants (142 nearby)

  • Yume dining · 332 m · Restaurant
  • Restaurant kavita · 477 m · Restaurant
  • Provence marinaside · 506 m · Restaurant

Cafes (51 nearby)

  • Cafe & life co. · 454 m · Cafe
  • The skript kitchen · 486 m · Cafe
  • Caffè cittadella · 490 m · Cafe

Groceries (41 nearby)

  • Big rock beer shop · 439 m · Beverages
  • 7-eleven · 469 m · Convenience
  • Small victory bakery · 510 m · Bakery

Healthcare (14 nearby)

  • Save-on-foods pharmacy · 534 m · Healthcare
  • London drugs · 631 m · Healthcare
  • Landcaster medical supplies & prescriptions · 658 m · Healthcare

Transit (4 nearby)

  • Skytrain @ olympic village stn station · 301 m · Transit
  • Skytrain @ yaletown-roundhouse stn station · 703 m · Transit
  • Skytrain @ broadway-city hall stn station · 736 m · Transit

Gyms (1 nearby)

  • Cycklus · 819 m · Gym

Schools NearBy

45 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

268 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

546 m

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.0 / 10

Distance

764 m

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

775 m

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

775 m

Claren Academy

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

903 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

957 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.11 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.24 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

1.34 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

1.39 KM

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

1.43 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.45 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.47 KM

St. Lawrence School

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

1.47 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.50 KM

St Patrick's

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

1.52 KM

St Francis Xavier

Independent

Grades Served

Catchment Info

9.6 / 10

Distance

1.58 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

1.58 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

9.6 / 10

Distance

1.59 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

2.1 / 10

Distance

1.64 KM

VISST

Independent

Grades Served

Catchment Info

9.9 / 10

Distance

1.69 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

1.71 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

1.75 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.75 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

1.80 KM

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

1.80 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.83 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

1.89 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

5.7 / 10

Distance

2.19 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.26 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.33 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

0

Distance

2.44 KM

David Livingstone Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.46 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

2.48 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.50 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.53 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.55 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

6.2 / 10

Distance

2.70 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

2.71 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.84 KM

York House School

Independent

Grades Served

K-12

Catchment Info

9.3 / 10

Distance

2.87 KM

Charles Dickens Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.90 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

9.8 / 10

Distance

2.92 KM

Little Flower Academy

Independent

Grades Served

8-12

Catchment Info

10.0 / 10

Distance

2.98 KM

Pre-computed routes from 202 525 Wheelhouse Square, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Olympic Village → Waterfront
    13 min
  • Metrotown, Burnaby via Olympic Village → Metrotown
    31 min
  • SFU Burnaby via Olympic Village → Production Way
    38 min
  • Richmond Centre via Olympic Village → Brighouse
    26 min
  • YVR Airport via Olympic Village → YVR-Airport
    27 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
    11 min

Calculate your commute

202 525 Wheelhouse Square, Vancouver, BC is ideally located for commuters. The property is 0.3 km from Olympic Village, with a 13 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Olympic Village Station @ Bay 2 (0.33 km). Walk Score Transit rating: Rider's Paradise (94/100).

Walkability & Transit Near 202 525 Wheelhouse Square

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 94

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
94

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 202 525 Wheelhouse Square

2026 assessed value, sourced from City of Vancouver open data (PID 016-002-253).
Total Assessed Value (2026)
$1,044,000
+2.4% YoY
+2.3%/yr over 4 yr
2022 Value Trend 2026
Land
$908,000
Buildings
$136,000
Year Built
1990
Class
Comprehensive Development
Zoning
FCCDD
Property Tax
$3,512
Year Land Improvements Total Assessed YOY Change
2026 $908,000 $136,000 $1,044,000
+2.4%
2025 $887,000 $133,000 $1,020,000
+1.1%
2024 $877,000 $132,000 $1,009,000
-3.4%
2023 $909,000 $136,000 $1,045,000
+9.8%
2022 $806,000 $146,000 $952,000

Mortgage Calculator for 202 525 Wheelhouse Square

/month
Principal & Interest
Property Taxes $265
Maintenance fee 741.61
Financing 80% of the $899,000 asking price over 30 years at 4% results in approximately $4,441/month in total estimated carrying costs, $265 property tax, $742 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $3,074/month in rental income, leaving a -$1,422/month cashflow at current carrying costs. Investors targeting break-even would need roughly 54% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 202 525 Wheelhouse Square, Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — False Creek, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $899,000
Vancouver Loading...
False Creek Loading...

Based on 7 comparable active apartments/condos in False Creek, the average asking price is $1,101,833. This listing is priced 18.4% below the neighbourhood average. This property is flagged as a Hot Deal (18.4% cheaper than comparables) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $6,194
0 of 21 missions

Sign up on Estateblock.com

$310 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 202 525 Wheelhouse Square

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 94

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
94

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Similar Condos for Sale in False Creek

410 388 W 1st Avenue, Vancouver, BC

$899,000

410 388 W 1st Avenue, Vancouver, BC
1 Beds
1 Baths
802 sqft
2009 built
MLS® R3122634, FaithWilson Christies International Real Estate
310 429 W 2nd Avenue, Vancouver, BC

$999,990

310 429 W 2nd Avenue, Vancouver, BC
1 Beds
2 Baths
830 sqft
2012 built
MLS® R3124938, Interlink Realty
808 288 W 1st Avenue, Vancouver, BC

$775,000

808 288 W 1st Avenue, Vancouver, BC
1 Beds
1 Baths
639 sqft
2012 built
MLS® R3149093, RE/MAX All Points Realty & RE/MAX All Points Realty & RE/MAX All Points Realty
705 288 W 1st Avenue, Vancouver, BC

$778,000

705 288 W 1st Avenue, Vancouver, BC
1 Beds
1 Baths
637 sqft
2012 built
MLS® R3138659, Rennie & Associates Realty Ltd.
306 1887 Crowe Street, Vancouver, BC

$868,000

306 1887 Crowe Street, Vancouver, BC
2 Beds
2 Baths
925 sqft
2011 built
MLS® R3155062, Rennie & Associates Realty Ltd. & Rennie & Associates Realty Ltd.
604 495 W 6th Avenue, Vancouver, BC

$900,000

604 495 W 6th Avenue, Vancouver, BC
1 Beds
1 Baths
738 sqft
2008 built
MLS® R3158615, Engel & Volkers Vancouver
1501 1788 Columbia Street, Vancouver, BC

$789,000

1501 1788 Columbia Street, Vancouver, BC
1 Beds
1 Baths
729 sqft
2018 built
MLS® R3158280, eXp Realty
208 1616 Columbia Street, Vancouver, BC

$798,000

208 1616 Columbia Street, Vancouver, BC
1 Beds
1 Baths
680 sqft
2010 built
MLS® R3151135, Royal LePage Sussex
220 1783 Manitoba Street, Vancouver, BC

$828,000

220 1783 Manitoba Street, Vancouver, BC
2 Beds
1 Baths
685 sqft
2015 built
MLS® R3138473, RE/MAX Masters Realty
310 123 W 1st Avenue, Vancouver, BC

$939,900

310 123 W 1st Avenue, Vancouver, BC
2 Beds
1 Baths
816 sqft
2010 built
MLS® R3147557, Redfin
610 123 W 1st Avenue, Vancouver, BC

$864,900

610 123 W 1st Avenue, Vancouver, BC
2 Beds
1 Baths
816 sqft
2010 built
MLS® R3153969, eXp Realty of Canada, Inc. & eXp Realty of Canada, Inc. & eXp Realty of Canada, Inc.
1201 89 W 2nd Avenue, Vancouver, BC

$1,040,000

1201 89 W 2nd Avenue, Vancouver, BC
2 Beds
2 Baths
902 sqft
2013 built
MLS® R3147334, Macdonald Realty & Macdonald Realty

Recently Sold Homes Near 202 525 Wheelhouse Square