2602 1238 Melville, Vancouver BC - Apartment/Condo for Sale - MLS# R3116016

132 days on the market
$1,279,000
Est. Mortgage $5,658/mo
Listing updated:
EstateBlock checked:
3 Beds
2 Baths
1248 sqft
1025 $ /sqft
920 $ Maint. fee
1995 built
132 days on the market
$1,279,000
Est. $5,658/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2602 1238 Melville

Elevated living in the heart of Coal Harbour This stunning 3-bedroom, 2-bath residence offers breathtaking north-facing ocean views paired with warm west exposure—flooding the home with natural light from sunrise to sunset + inside storage.Thoughtfully designed with a functional layout, spacious living areas, and floor-to-ceiling windows that truly capture the beauty of the waterfront. Enjoy full building amenities including an indoor pool, sauna, jacuzzi, and fully equipped gym, plus the added value of three recently updated elevators. Wake up to serene water views, unwind with golden sunsets, and live steps from the seawall, marina, fine dining, and downtown convenience. Measurements are approximate and to be verified by buyer and buyers agent if deemed important. Some photos are edited

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Fireplace 1
Heating Type Baseboard, Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
View Description Water, mountain & city
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,279,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1248
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Management, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $920
Amenities Nearby Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Units In Development 196

Lot & Land

MLS® # R3116016
Area Vancouver West
Neighbourhood Coal Harbour
City Vancouver
Postal Code V6E 4N2
Gross Taxes $3,832
Zoning CD-1

Property Timeline

Status Date Price
R3116016 / Active 04-27-2026 $1,279,000
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 15'8 x 15'8 ft
Main Level Bedroom 13'4 x 13'4 ft
Main Level Living Room 18'6 x 18'6 ft
Main Level Dining Room 12'0 x 12'0 ft
Main Level Kitchen 11'0 x 11'0 ft
Main Level Bedroom 15'10 x 15'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: Century 21 In Town 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

Secondary
King George Secondary School
Average 0.8 km 6.2/10
Elementary
Lord Roberts Elementary School
Average 0.95 km 6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Madrona School
Above Average 0.67 km 8.3/10
Secondary
Franklin School
Average 0.67 km 4.1/10

Closest Transit

Bus Stop
Eastbound W Pender St @ Jervis St
0.05 km
Skytrain
Skytrain @ Burrard Stn
0.52 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 57.4%
No Certificate/Degree
Below Average 3.2%
Owner Occupied
Below Average 56%
Employment Rate
Below Average 43.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

48 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $1,116,567
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.52 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How COAL HARBOUR compares
This property
132 DOM
Slower than area
Coal Harbour avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

2602 1238 Melville has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 12.7% above comparable active properties in Coal Harbour. 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 may take several weeks to attract serious offers.

Climate Risk for V6E 4N2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6E 4N2, 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 A / Excellent

Annual avg PM2.5 3.9 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Vancouver Mahon Park, North Vancouver (~5 km). Annual avg AQHI 2.1 — 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 (323 nearby)

  • Express pho · 124 m · Restaurant
  • Green leaf salad bar · 127 m · Restaurant
  • A&w · 129 m · Fast Food

Shopping (288 nearby)

  • Chichi nails · 50 m · Beauty Shop
  • Blink brow bar · 95 m · Beauty Shop
  • Sakura salon · 97 m · Hairdresser

Cafes (121 nearby)

  • Starbucks · 121 m · Cafe
  • Melville café · 145 m · Cafe
  • Time out cafe · 203 m · Cafe

Groceries (53 nearby)

  • Coal harbour liquor store · 64 m · Beverages
  • 7-eleven · 169 m · Convenience
  • Urban fare · 221 m · Supermarket

Healthcare (12 nearby)

  • Shoppers drug mart · 105 m · Healthcare
  • London drugs · 294 m · Healthcare
  • Bentall pharmacy · 426 m · Healthcare

Transit (5 nearby)

  • Skytrain @ burrard stn station · 519 m · Transit
  • Bus stop eastbound w georgia st @ granville st · 806 m · Transit
  • Skytrain @ vancouver city centre stn station · 824 m · Transit

Gyms (4 nearby)

  • Ywca · 635 m · Gym
  • Robert lee ymca · 726 m · Gym
  • West end ice rink · 797 m · Gym

Schools NearBy

22 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

669 m

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

669 m

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

798 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

842 m

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

934 m

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.0 / 10

Distance

948 m

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

959 m

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

2.1 / 10

Distance

969 m

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.23 KM

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.29 KM

Claren Academy

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

1.33 KM

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

1.48 KM

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

1.82 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.36 KM

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

2.37 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

2.39 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.47 KM

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

2.70 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

2.83 KM

St. Lawrence School

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

2.87 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

2.88 KM

VISST

Independent

Grades Served

Catchment Info

9.9 / 10

Distance

2.93 KM

Pre-computed routes from 2602 1238 Melville, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Burrard → Waterfront
    11 min
  • Metrotown, Burnaby via Burrard → Metrotown
    25 min
  • SFU Burnaby via Burrard → Production Way
    32 min
  • Richmond Centre via Burrard → Brighouse
    36 min
  • YVR Airport via Burrard → YVR-Airport
    37 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    1 min
  • Metrotown, Burnaby via Lougheed Hwy
    13 min
  • SFU Burnaby via Gaglardi Way
    19 min
  • Richmond Centre via No. 3 Rd
    16 min
  • YVR Airport via Bridgeport / Sea Island
    13 min

Calculate your commute

2602 1238 Melville, Vancouver, BC is ideally located for commuters. The property is 0.5 km from Burrard, with a 11 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W Pender St @ Jervis St (0.05 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 2602 1238 Melville

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2602 1238 Melville

2026 assessed value, sourced from City of Vancouver open data (PID 023-159-693).
Total Assessed Value (2026)
$1,177,000
-4.2% YoY
-1.7%/yr over 4 yr
2022 Value Trend 2026
Land
$845,000
Buildings
$332,000
Year Built
1995
Class
Comprehensive Development
Zoning
CD-1 (254)
Property Tax
$3,959
Year Land Improvements Total Assessed YOY Change
2026 $845,000 $332,000 $1,177,000
-4.2%
2025 $882,000 $347,000 $1,229,000
-4.9%
2024 $928,000 $365,000 $1,293,000
+0.9%
2023 $920,000 $362,000 $1,282,000
+1.8%
2022 $898,000 $361,000 $1,259,000

Mortgage Calculator for 2602 1238 Melville

/month
Principal & Interest
Property Taxes $319
Maintenance fee 920
Financing 80% of the $1,279,000 asking price over 30 years at 4% results in approximately $6,124/month in total estimated carrying costs, $319 property tax, $920 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 $3,645/month in rental income, leaving a -$2,534/month cashflow at current carrying costs. Investors targeting break-even would need roughly 62% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2602 1238 Melville, 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 — Coal Harbour, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,279,000
Vancouver Loading...
Coal Harbour Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar apartments/condos average $1,135,158 across 27 active listings — this listing is 12.7% above the Vancouver average.

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

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Walkability & Transit Near 2602 1238 Melville

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

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