Home Vancouver, BC Mount Pleasant VE The Watershed 405 228 E 4th Avenue

405 228 E 4th Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3112732

Verified Account Required $●●●,●●●

Listing updated: Jul 21, 2026 at 01:17am

EstateBlock checked: Oct 8, 2026 at 06:30pm

Watershed

1 Beds

1 Baths

772 sqft

996 $ /sqft

463.65 $ Maint. fee

1996 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Jul 21, 2026 at 01:17am

EstateBlock checked: Oct 8, 2026 at 06:30pm

Photo

About the building: The Watershed

228 E 4th Avenue, Vancouver

The Watershed building details

Building

Built: 1996
Homes: 44 in 5 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: LMS2337
Managed by: Quay Pacific
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Allowed; Cats and dogs OK, max 2
Rentals: Allowed

Homes for sale at The Watershed, Vancouver Recent sold listings in The Watershed, Vancouver

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

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Vancouver Technical Secondary School: Above Average 4.74 km 7.1/10
Elementary
Mount Pleasant Elementary School: Average 0.52 km 5.3/10

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

Private Schools

Elementary
St Francis Xavier: Above Average 0.33 km 9.6/10
Secondary
Columbia College: 0.59 km

Closest Transit

Bus Stop
Northbound Main St @ E 5th Ave: 0.09 km
Skytrain
Skytrain @ Main Street Stn: 0.65 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 46.6%
No Certificate/Degree: Below Average 7.3%
Owner Occupied: Above Average 74.3%
Employment Rate: Below Average 32%

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

41 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $654,419

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Market conditions

Market conditions unavailable

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.65 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How MOUNT PLEASANT VE compares

This property

95 DOM

Listed

Mount Pleasant VE avg

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Vancouver avg

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405 228 E 4th Avenue has a sell-speed score of 41/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 14.9% above comparable active properties in Mount Pleasant VE. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5T 1G5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5T 1G5, 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 (~1.8 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.

Nearby Restaurants, Cafes & Shops

Shopping (97 nearby)

Pharmasave · 148 m · Pharmacy
Indigo pharmacy mid-main · 232 m · Pharmacy
Cycle bc · 290 m · Bicycle Shop

Restaurants (93 nearby)

Zarak · 124 m · Restaurant
Elem · 141 m · Restaurant
Bar susu · 181 m · Restaurant

Cafes (36 nearby)

Kranky café · 7 m · Cafe
Chai wagon · 220 m · Cafe
Glory juice · 316 m · Cafe

Groceries (33 nearby)

Brassneck · 176 m · Beverages
R & b · 270 m · Beverages
Red truck growler filling station · 275 m · Beverages

Healthcare (11 nearby)

Pharmasave · 148 m · Healthcare
Indigo pharmacy mid-main · 232 m · Healthcare
Yyoung medicine mart · 324 m · Healthcare

Transit (2 nearby)

Skytrain @ main street stn station · 650 m · Transit
Bus stop eastbound national ave @ quebec st · 863 m · Transit

Schools NearBy

50 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 326 m
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 342 m
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.3 / 10	Distance 521 m
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 586 m
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 677 m
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 849 m
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 857 m
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 863 m
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.28 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.40 KM
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 1.53 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.72 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.76 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.77 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.79 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.81 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.84 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 1.90 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.90 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.96 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.97 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 2.03 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.05 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.07 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 2.12 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 2.21 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.21 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.24 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.25 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 2.32 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 2.38 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.39 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.40 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 2.40 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 2.40 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.41 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 2.44 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.46 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.51 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.58 KM
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.72 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.75 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.83 KM
Laura Secord Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.83 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.85 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.91 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.92 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.97 KM
Lord Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.97 KM
Lord Nelson Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.99 KM

Pre-computed routes from 405 228 E 4th Ave, Vancouver, BC

405 228 E 4th 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
3 min
Metrotown, Burnaby via Lougheed Hwy
10 min
SFU Burnaby via Gaglardi Way
16 min
Richmond Centre via No. 3 Rd
14 min
YVR Airport via Bridgeport / Sea Island
12 min

Calculate your commute

405 228 E 4th 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 Northbound Main St @ E 5th Ave (0.09 km). Walk Score Transit rating: Excellent Transit (86/100).

Walkability & Transit Near 405 228 E 4th Avenue

Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 86

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 90

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Mortgage Calculator for 405 228 E 4th Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $202

Maintenance fee 463.65

Based on a 30-year fixed at 4% interest with 20% down ($153,800), the estimated monthly payment for this listing is $3,603/month — $2,937 principal & interest, $202 property tax, $464 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.

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

At an estimated rental income of $2,630/month, this property runs a $1,021/month shortfall after mortgage and carrying costs. Break-even requires approximately 48% down.

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

Estateblock Rent Estimate for 405 228 E 4th 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.