408 W 1st Ave, Vancouver BC - Townhouse for Sale - MLS# R2999229

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Listing updated:
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Maynards Block
2 Beds
3 Baths
1133 sqft
1057 $ /sqft
707.51 $ Maint. fee
2012 built
Closed
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This property sold for
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Listing updated:
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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Simon Fraser Elementary School
Average 1.27 km 5.9/10

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

Private Schools

Elementary
The Westside School
1.07 km
Secondary
St. John's International
0.52 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Crowe St
0.15 km
Skytrain
Skytrain @ Olympic Village Stn
0.19 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

42 / 100
Overall sell-speed score
May take longer
—
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.19 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
91 DOM
Slower than area
False Creek avg
56 DOM
Average
Vancouver avg
56 DOM
Faster market

408 W 1st Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.1% and an area average of 56 days on market — buyers have more leverage. With only 216 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 3S9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 3S9, 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 (~2.8 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 (123 nearby)

  • Canadian tire · 315 m · Department Store
  • Save-on-foods pharmacy · 366 m · Pharmacy
  • Winners · 416 m · Department Store

Restaurants (119 nearby)

  • Yume dining · 103 m · Restaurant
  • Restaurant kavita · 283 m · Restaurant
  • Sushi tendo · 365 m · Restaurant

Cafes (44 nearby)

  • Honest to pete roasters · 277 m · Cafe
  • The skript kitchen · 291 m · Cafe
  • Cafe & life co. · 359 m · Cafe

Groceries (36 nearby)

  • Big rock beer shop · 211 m · Beverages
  • Small victory bakery · 295 m · Bakery
  • Save-on-foods · 365 m · Supermarket

Healthcare (15 nearby)

  • Save-on-foods pharmacy · 366 m · Healthcare
  • London drugs · 511 m · Healthcare
  • Loblaw pharmacy · 594 m · Healthcare

Transit (4 nearby)

  • Skytrain @ olympic village stn station · 186 m · Transit
  • Skytrain @ broadway-city hall stn station · 589 m · Transit
  • Skytrain @ yaletown-roundhouse stn station · 926 m · Transit

Gyms (1 nearby)

  • Cycklus · 941 m · Gym

Schools NearBy

44 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
0

Distance

361 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

777 m

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

833 m

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

919 m

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

928 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

1.07 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

1.11 KM

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

1.11 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

1.16 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

1.22 KM

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

1.24 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.6 / 10

Distance

1.27 KM

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

1.29 KM

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

1.37 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

1.39 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
0

Distance

1.43 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

1.49 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

1.51 KM

St. Lawrence School

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

1.59 KM

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
0

Distance

1.63 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

1.64 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

1.66 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.70 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
2.1 / 10

Distance

1.77 KM

VISST

Independent

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

1.82 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

1.84 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

—
6.1 / 10

Distance

1.87 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

—
8.3 / 10

Distance

1.95 KM

Franklin School

Independent

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

1.95 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.20 KM

David Livingstone Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.24 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

—
5.7 / 10

Distance

2.33 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.36 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

—
0

Distance

2.38 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

2.42 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.53 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.64 KM

Charles Dickens Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.67 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

—
0

Distance

2.72 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.75 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.87 KM

York House School

Independent

Grades Served

K-12

Catchment Info

—
9.3 / 10

Distance

2.88 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.2 / 10

Distance

2.92 KM

Little Flower Academy

Independent

Grades Served

8-12

Catchment Info

—
10.0 / 10

Distance

3.00 KM

Pre-computed routes from 408 W 1st Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Olympic Village → Waterfront
    11 min
  • Metrotown, Burnaby via Olympic Village → Metrotown
    29 min
  • SFU Burnaby via Olympic Village → Production Way
    36 min
  • Richmond Centre via Olympic Village → Brighouse
    24 min
  • YVR Airport via Olympic Village → YVR-Airport
    25 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
    11 min

Calculate your commute

408 W 1st Ave, Vancouver, BC is ideally located for commuters. The property is 0.2 km from Olympic Village, with a 11 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 2nd Ave @ Crowe St (0.15 km).

Mortgage Calculator for 408 W 1st Avenue

/month
Principal & Interest
Property Taxes $281
Maintenance fee 707.51
With a 20% down payment, buyers can expect an estimated $5,565/month in total housing costs on this $1,198,000 property — $4,576 mortgage payment, $281 property tax, $708 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
Based on $3,414/month estimated rent and $5,616/month in total housing costs, this property has a -$2,201/month cashflow. Break-even down payment: approximately 59%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 408 W 1st Avenue, Vancouver

Buy Vs Rent Calculator

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Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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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 — False Creek, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home
Vancouver Loading...
False Creek Loading...
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

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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