Home Vancouver, BC False Creek Brook 205 181 W 1st Avenue

205 181 W 1st Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3138687

65 days on the market

$2,695,000

Est. Mortgage $11,923/mo

Listing updated: Jul 20, 2026 at 03:41pm

EstateBlock checked: Aug 18, 2026 at 10:45pm

2 Beds

2 Baths

1118 sqft

2411 $ /sqft

0 $ Maint. fee

2010 built

65 days on the market

$2,695,000

Est. $11,923/mo with 20% down

Listing updated: Jul 20, 2026 at 03:41pm

EstateBlock checked: Aug 18, 2026 at 10:45pm

Photo

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator
Fireplace	0
Heating Type	Radiant
Cooling	Central Air
Laundry	In Unit
# of Kitchens	1
Foundation	Block

Exterior Features

Exterior Features	Balcony
View Description	PARK VIEW
Roof	Concrete
Structures	Multi Family, Residential Attached

Building Details

Price	$2,695,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1118
Year Built	2010
Age Of Building	16
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Ownership Type	Freehold Strata
Maintenance Fee	0
Amenities Nearby	Bike Room, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Utility Type	Natural Gas Connected
Utility Sewer	Other
Water (WaterSource)	Public
Parking Type	Garage Under Building
Total Parking Spaces	1
Strata Restrictions	No Restrictions
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two)
Rental Suites	None

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3138687
Area	Vancouver West
Neighbourhood	False Creek
City	Vancouver
Postal Code	V5Y 0E3
Gross Taxes	$4,003.86
Zoning	CD-1

Property Timeline

Status	Date	Price
R3138687 / Active	06-15-2026	$2,695,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	10'6 x 10'6 ft
Main Level	Kitchen	14' x 14' ft
Main Level	Dining Room	8'2 x 8'2 ft
Main Level	Primary Bedroom	14'11 x 14'11 ft
Main Level	Bedroom	10'0 x 10'0 ft
Main Level	Flex Room	5'5 x 5'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#5
Main Level	No	#4

Listed by: Rennie Marketing Systems

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 1.49 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

38 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,153,460

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

65 DOM

Slower than area

False Creek avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

205 181 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 57.2% 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 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 (BC ENV 2024). 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.

Nearby Restaurants, Cafes & Shops

Shopping (115 nearby)

Silver4 · 126 m · Beauty Shop
Td · 158 m · Bank
Coastal eye clinic · 161 m · Optician

Restaurants (109 nearby)

Stega eatery · 99 m · Restaurant
Nook · 118 m · Restaurant
Pizza hut · 129 m · Restaurant

Cafes (41 nearby)

Jj bean · 53 m · Cafe
Terra breads · 190 m · Cafe
The bubble tea shop · 223 m · Cafe

Groceries (36 nearby)

Legacy liquor · 172 m · Beverages
Save-on-foods · 229 m · Supermarket
Faculty brewing · 397 m · Beverages

Healthcare (11 nearby)

London drugs · 246 m · Healthcare
Yyoung medicine mart · 594 m · Healthcare
Save-on-foods pharmacy · 754 m · Healthcare

Transit (4 nearby)

Skytrain @ olympic village stn station · 642 m · Transit
Skytrain @ main street stn station · 702 m · Transit
Bus stop southbound cambie st @ robson st · 943 m · Transit

Gyms (1 nearby)

Cycklus · 748 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 797 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 996 m
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 1.02 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.03 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 1.10 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 —	0	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 —	0	Distance 1.62 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 2.03 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 —	0	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 2.80 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 2.83 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 —	0	Distance 2.96 KM

Pre-computed routes from 205 181 W 1st Ave, Vancouver, BC

205 181 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

205 181 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 205 181 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 96

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Mortgage Calculator for 205 181 W 1st Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $334

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $10,627/month in total housing costs on this $2,695,000 property — $10,293 mortgage payment, $334 property tax.

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: Jul 20, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

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Down Payment (percent)

/month

Mortgage Payment

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $6,144/month estimated rent and $10,689/month in total housing costs, this property has a -$4,545/month cashflow. Break-even down payment: approximately 56%.

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

Estateblock Rent Estimate for 205 181 W 1st Avenue, Vancouver

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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.