Home Vancouver, BC False Creek Harbour Cove 304 1490 Pennyfarthing Drive

304 1490 Pennyfarthing Dr, Vancouver BC V6J 4Z3 – Condo for Sale – MLS® R3154064

304 1490 Pennyfarthing Drive, Vancouver, British Columbia V6J 4Z3

Vancouver Condos for Sale

93 days on the market

$1,187,000

Est. monthly cost $6,143/mo

Updated with MLS® - Nov 11, 2026 at 04:10pm

Harbour Cove

2 Beds

2 Baths

1431 sqft

829 $ /sqft

1081.04 $ Maint. fee

1986 built

Photos

Rare freehold ownership in this coveted False Creek waterfront community. Immaculate 2 bed, 2 bath, 1,431 sf open-concept home w/ MOUNTAIN, CITY & MARINA VIEWS from every room. Solarium offers a peaceful year-round retreat, perfect as a home office. Oversized primary bedroom. Brazilian cherry hardwood floors, Fisher & Paykel appliances, oversized stainless sink, instant hot/filtered water, pull-out organizers. Miele washer/dryer. 2018-renovated ensuite: rain shower, towel warmer. Radiant heated floors in both baths. Phantom screens, Telus fibre. Envelope levy paid by Seller — buyer peace of mind. Resort-style amenities at “The Club”: pool w/ lift, hot tub, sauna, steam room, racquet courts, table tennis, gym, library. Steps to Granville Island & seawall. Parking, locker, 7-day concierge.

Building 26 fields Inside & out 14 fields Lot & land 7 fields

Building Details

Price	$1,187,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1431
Year Built	1986
Age Of Building	40
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Water
Building Name	Harbour Cove
Ownership Type	Freehold Strata
Maintenance Fee	$1,081.04
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Front Access
Total Parking Spaces	1
Strata Restrictions	Pets Not Allowed,Rentals Allwd w/Restrctns
Pet Restrictions	No Cats, No Dogs, No
Rental Suites	None
Units In Development	304

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Elevator, Storage
Fireplace	2
Heating Type	Baseboard, Electric, Radiant
Laundry	In Unit
# of Kitchens	1
Flooring	Hardwood, Tile, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	No Outdoor Area
View Description	MOUNTAIN, CITY & MARINA
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3154064
Area	Vancouver West
Neighbourhood	False Creek
City	Vancouver
Postal Code	V6J 4Z3
Gross Taxes	$3,350.48
Zoning	FCCDD

Property Timeline

Status	Date	Price
R3154064 / Active	08-10-2026	$1,187,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'5 x 12'5 ft
Main Level	Dining Room	12'5 x 12'5 ft
Main Level	Kitchen	18'9 x 18'9 ft
Main Level	Primary Bedroom	11'1 x 11'1 ft
Main Level	Bedroom	9'8 x 9'8 ft
Main Level	Solarium	16'3 x 16'3 ft

Bathrooms

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

Listed by: Team 3000 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.

About the building: Harbour Cove

1450 Pennyfarthing Drive, False Creek, Vancouver

Harbour Cove building details

Building

Built: 1986
Homes: 304
Construction: Concrete
Title: Freehold Strata
Strata plan: VR1291
Managed by: Wynford
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Recreation FacilityManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Not allowed
Rentals: Allowed

Market at Harbour Cove

For sale: 4
Median ask: $1.21M
Median $/sqft: $833
Days on market: 59
Sold, past year: 9

This home

$829/sqft, in line with the building median of $833.

Homes for sale at Harbour Cove, Vancouver Recent sold listings in Harbour Cove, Vancouver

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 1.43 km · Kitsilano Secondary School 7.2/10 · 1.96 km · crime average · sell-speed score 52/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (116 nearby)

Frans' flowers · 140 m · Florist
Enterprise · 178 m · Car Rental
Casa · 235 m · Gift Shop

Restaurants (109 nearby)

Sushi hanabi · 260 m · Restaurant
Apollinia · 264 m · Restaurant
Cofu pressed sushi · 323 m · Restaurant

Cafes (44 nearby)

That's it cafe · 135 m · Cafe
Oidé coffee · 254 m · Cafe
Café prado · 258 m · Cafe

Groceries (33 nearby)

Brewing august · 334 m · Beverages
Bakery 101 · 344 m · Bakery
A bread affair · 415 m · Bakery

Healthcare (2 nearby)

London drugs · 846 m · Healthcare
Shoppers drug mart · 939 m · Healthcare

Parks & Recreation (1 nearby)

Table tennis court · 910 m · Pitch

Transit (1 nearby)

Bus stop eastbound w 6th ave @ alder st · 995 m · Transit

Public Schools

Elementary
Henry Hudson Elementary School: Average 0.5 km 6.2/10
Secondary
Kitsilano Secondary School: Above Average 1.96 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
St. Augustine's: Above Average 1.12 km 8.9/10
Secondary
VISST: Above Average 0.95 km 9.9/10

Closest Transit

Bus Stop
Eastbound W 2nd Ave @ Fir St: 0.25 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 1.43 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

52 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,112,389

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.43 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

93 DOM

Slower than area

False Creek avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

304 1490 Pennyfarthing Drive has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.7% 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 may take several weeks to attract serious offers.

Climate Risk for V6J 4Z3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6J 4Z3, 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 (~4.8 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

41 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.2 / 10	Distance 501 m
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 952 m
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 961 m
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.05 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.07 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 1.12 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.19 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.19 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.19 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.37 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 1.41 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 1.51 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.53 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.55 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 1.57 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.71 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.72 KM
Vancouver Technical Secondary School	Public	Grades Served 8-12	Catchment Info —	7.1 / 10	Distance 1.89 KM
Kitsilano Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.2 / 10	Distance 1.96 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info —	6.2 / 10	Distance 2.06 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.11 KM
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 2.13 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.18 KM
General Gordon Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.18 KM
SelfDesign Learning Community (DL)	Independent	Grades Served —	Catchment Info —	5.7 / 10	Distance 2.20 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.26 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 2.32 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 2.32 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 2.42 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 2.49 KM
York House School	Independent	Grades Served K-12	Catchment Info —	9.3 / 10	Distance 2.52 KM
Shaughnessy Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.59 KM
Little Flower Academy	Independent	Grades Served 8-12	Catchment Info —	10.0 / 10	Distance 2.60 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.62 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 2.70 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.74 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.75 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.86 KM
Carnarvon Community Elementary	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.87 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.90 KM
Trafalgar Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.96 KM

Pre-computed routes from 304 1490 Pennyfarthing Dr, Vancouver, BC

304 1490 Pennyfarthing Dr, Vancouver, BC Yaletown-Roundhouse 1.4 km

24 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
24 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
42 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
49 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
41 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
42 min

By car (off-peak)

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

Calculate your commute

304 1490 Pennyfarthing Dr, Vancouver, BC is ideally located for commuters. The property is 1.4 km from Yaletown-Roundhouse, with a 24 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W 2nd Ave @ Fir St (0.25 km). Walk Score Transit rating: Excellent Transit (77/100).

Walkability & Transit Near 304 1490 Pennyfarthing Drive

Walker's Paradise 96

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 77

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 88

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 304 1490 Pennyfarthing Drive

2026 assessed value, sourced from City of Vancouver open data (PID 003-935-116).

Total Assessed Value (2026)

$996,000

-16.2% YoY

-6.5%/yr over 4 yr

2022 Value Trend 2026

Land

$727,000

Buildings

$269,000

Year Built

1986

Class

Comprehensive Development

Zoning

FCCDD

Property Tax

$3,350

Year	Land	Improvements	Total Assessed	YOY Change
2026	$727,000	$269,000	$996,000	-16.2%
2025	$868,000	$321,000	$1,189,000	-2.0%
2024	$886,000	$327,000	$1,213,000	-11.8%
2023	$1,004,000	$371,000	$1,375,000	+5.5%
2022	$898,000	$405,000	$1,303,000	—

Costs & calculators

Monthly cost about $6,143/month · rent estimate $3,561/month · owning catches up with renting by year 30 · cash flow if rented −$2,811/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 304 1490 Pennyfarthing Drive

$6,143 /month

Principal & Interest $4,783

Property Taxes $279

Maintenance fee $1,081

The estimated monthly cost of 304 1490 Pennyfarthing Drive, Vancouver is $6,143: $4,783 principal and interest with 20% down over 30 years at 4.45%, plus $279 property tax and $1,081 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

−$2,811 /month

Mortgage Payment $4,783

Monthly Cash Flow −$2,811

Break Even Down Payment 68%

Cap Rate -2.8%

Cash on Cash -14.2%

If 304 1490 Pennyfarthing Drive, Vancouver were rented at $3,561 a month with 5% vacancy, it would fall $2,811 a month short of the mortgage and carrying costs; about 68% 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 304 1490 Pennyfarthing Drive, Vancouver

$3,561 / month

Rent $3,561

Own $6,143

Principal: $1,538/mo Interest, tax, insurance, fees: $4,605/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,288/mo (year 1) → ~$2,995/mo (year 20) → ~$4,467/mo (year 29).

Net cost to own at year 5 ~$4,605/mo About $1,044/mo more than renting

EstateBlock estimates 304 1490 Pennyfarthing Drive, Vancouver would rent for about $3,561 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: 304 1490 Pennyfarthing Drive

Rent vs own

Owning catches up by year 30

With 20% down ($237,400) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $84,622

Principal paid off by year 10 $190,288

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 304 1490 Pennyfarthing Drive, Vancouver is cheaper at first, but owning catches up by year 30, with $84,622 of principal paid off by year 5 and $190,288 by year 10.