Home Vancouver, BC False Creek Sails 406 1661 Ontario Street

406 1661 Ontario St, Vancouver BC - Apartment/Condo for Sale - MLS# R3154307

49 days on the market

$979,000

Est. Mortgage $4,331/mo

Listing updated: Aug 31, 2026 at 08:58am

EstateBlock checked: Sep 27, 2026 at 06:40pm

1 Beds

1 Baths

866 sqft

1130 $ /sqft

645.64 $ Maint. fee

2010 built

49 days on the market

$979,000

Est. $4,331/mo with 20% down

Listing updated: Aug 31, 2026 at 08:58am

EstateBlock checked: Sep 27, 2026 at 06:40pm

Photos

Exterior Front Photo of 406 1661 Ontario Street, Vancouver, BC

Exterior Rear Photo of 406 1661 Ontario Street, Vancouver, BC

Living Room Photo of 406 1661 Ontario Street, Vancouver, BC

Family Room Photo of 406 1661 Ontario Street, Vancouver, BC

Dining Area Photo of 406 1661 Ontario Street, Vancouver, BC

Kitchen Photo of 406 1661 Ontario Street, Vancouver, BC

Kitchen Island Photo of 406 1661 Ontario Street, Vancouver, BC

Pantry Photo of 406 1661 Ontario Street, Vancouver, BC

Breakfast Nook Photo of 406 1661 Ontario Street, Vancouver, BC

Primary Bedroom Photo of 406 1661 Ontario Street, Vancouver, BC

Primary Bathroom Photo of 406 1661 Ontario Street, Vancouver, BC

Walk-In Closet Photo of 406 1661 Ontario Street, Vancouver, BC

Bedroom 2 Photo of 406 1661 Ontario Street, Vancouver, BC

Bedroom 3 Photo of 406 1661 Ontario Street, Vancouver, BC

Bedroom 4 Photo of 406 1661 Ontario Street, Vancouver, BC

Guest Bathroom Photo of 406 1661 Ontario Street, Vancouver, BC

Powder Room Photo of 406 1661 Ontario Street, Vancouver, BC

Office / Den Photo of 406 1661 Ontario Street, Vancouver, BC

Loft / Bonus Room Photo of 406 1661 Ontario Street, Vancouver, BC

Basement Recreation Room Photo of 406 1661 Ontario Street, Vancouver, BC

Laundry Room Photo of 406 1661 Ontario Street, Vancouver, BC

Mudroom Photo of 406 1661 Ontario Street, Vancouver, BC

Entry Foyer Photo of 406 1661 Ontario Street, Vancouver, BC

Welcome to Sails at the Village on False Creek, waterfront living with the city at your doorstep. This bright, oversized 866sf 1 bedroom home is smartly laid out with an open-concept living space, over-height ceilings and a beautifully appointed kitchen with Miele and Sub-Zero appliances. The home provides space to WFH overlooking the greenway and treetops, while the flex gives you the extra storage every city home needs. Outside your door, enjoy groceries, restaurants, Creekside Community Centre, the seawall, Aquabus and SkyTrain. Residents also enjoy a fitness centre, lounge, garden and BONUS access to the Gold Medal Club with pool, hot tub, sauna and steam room. Includes 1 parking and 1 storage locker. Call today for your private showing!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Elevator
Fireplace	0
Heating Type	Radiant
Cooling	Central Air, Air Conditioning
# of Kitchens	1
Flooring	Hardwood, Mixed, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
View Description	Treetops, city & greenway
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$979,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	866
Year Built	2010
Age Of Building	16
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Management
Ownership Type	Freehold Strata
Maintenance Fee	$645.64
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Management
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Side Access, Concrete
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites	None
Units In Development	114

Lot & Land

MLS^® #	R3154307
Area	Vancouver West
Neighbourhood	False Creek
City	Vancouver
Postal Code	V5Y 0C3
Gross Taxes	$2,984.29
Zoning	SAILS

Property Timeline

Status	Date	Price
R3154307 / Active	08-10-2026	$979,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6'6 x 6'6 ft
Main Level	Kitchen	14'4 x 14'4 ft
Main Level	Living Room	12'3 x 12'3 ft
Main Level	Dining Room	12'5 x 12'5 ft
Main Level	Primary Bedroom	11'11 x 11'11 ft
Main Level	Storage	7' x 7' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Engel & Volkers Vancouver

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 1.51 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
St Francis Xavier: Above Average 0.83 km 9.6/10
Secondary
Columbia College: 0.71 km

Closest Transit

Bus Stop
Eastbound E 2nd Ave @ Ontario St: 0.17 km
Skytrain
Skytrain @ Main Street Stn: 0.43 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

46 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $823,339

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.43 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

49 DOM

Average

False Creek avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

406 1661 Ontario Street has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 15.9% 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 may take several weeks to attract serious offers.

Climate Risk for V5Y 0C3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 0C3, 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 (~2.3 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

Restaurants (98 nearby)

Subway · 90 m · Fast Food
Onda by casereccio · 120 m · Restaurant
Pho quynh express · 160 m · Restaurant

Shopping (94 nearby)

Canada post · 101 m · Post Office
London drugs · 105 m · Pharmacy
Scotiabank · 122 m · Bank

Cafes (35 nearby)

Amato gelato & cafè · 134 m · Cafe
The bubble tea shop · 152 m · Cafe
Honolulu coffee · 169 m · Cafe

Groceries (25 nearby)

Save-on-foods · 86 m · Supermarket
Legacy liquor · 166 m · Beverages
Faculty brewing · 216 m · Beverages

Healthcare (11 nearby)

London drugs · 105 m · Healthcare
Yyoung medicine mart · 285 m · Healthcare
Iida pharmacy · 537 m · Healthcare

Transit (3 nearby)

Skytrain @ main street stn station · 430 m · Transit
Skytrain @ olympic village stn station · 895 m · Transit
Bus stop westbound e broadway @ scotia st · 960 m · Transit

Gyms (1 nearby)

Cycklus · 944 m · Gym

Schools NearBy

45 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 711 m
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 829 m
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 837 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 999 m
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 1.03 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 1.05 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 1.09 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.19 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.21 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.24 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.31 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.38 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.39 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.6 / 10	Distance 1.51 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.55 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.56 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.56 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.62 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.63 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.64 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.71 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.75 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 1.85 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.88 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.88 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 1.99 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.17 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.24 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.27 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.32 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.34 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.47 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 2.55 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.55 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.57 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.77 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.79 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.79 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.91 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.94 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 2.95 KM
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.95 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.97 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.97 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.98 KM

Pre-computed routes from 406 1661 Ontario St, Vancouver, BC

406 1661 Ontario St, Vancouver, BC Main Street 0.4 km

14 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Main Street → Waterfront
14 min
Metrotown, Burnaby via Main Street → Metrotown
20 min
SFU Burnaby via Main Street → Production Way
27 min
Richmond Centre via Main Street → Brighouse
39 min
YVR Airport via Main Street → YVR-Airport
40 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
16 min
Richmond Centre via No. 3 Rd
14 min
YVR Airport via Bridgeport / Sea Island
12 min

Calculate your commute

406 1661 Ontario St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Main Street, with a 14 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 2nd Ave @ Ontario St (0.17 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 406 1661 Ontario Street

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 97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 406 1661 Ontario Street

2026 assessed value, sourced from City of Vancouver open data (PID 028-235-525).

Total Assessed Value (2026)

$887,000

-4.1% YoY

+0.7%/yr over 4 yr

2022 Value Trend 2026

Land

$603,000

Buildings

$284,000

Year Built

2009

Class

Comprehensive Development

Zoning

CD-1 (454)

Property Tax

$2,984

Year	Land	Improvements	Total Assessed	YOY Change
2026	$603,000	$284,000	$887,000	-4.1%
2025	$629,000	$296,000	$925,000	-0.1%
2024	$630,000	$296,000	$926,000	-4.1%
2023	$657,000	$309,000	$966,000	+11.8%
2022	$589,000	$275,000	$864,000	—

Mortgage Calculator for 406 1661 Ontario Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $249

Maintenance fee 645.64

Financing 80% of the $979,000 asking price over 30 years at 4% results in approximately $4,634/month in total estimated carrying costs, $249 property tax, $646 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: Aug 31, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,348/month in rental income, leaving a -$1,348/month cashflow at current carrying costs. Investors targeting break-even would need roughly 49% down.

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

Estateblock Rent Estimate for 406 1661 Ontario Street, 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.