412 525 Wheelhouse Square, Vancouver BC - Apartment/Condo for Sale - MLS# R3146541

53 days on the market
$779,000
Est. Mortgage $3,446/mo
Listing updated:
EstateBlock checked:
Henley Court
1 Beds
1 Baths
720 sqft
1082 $ /sqft
511.99 $ Maint. fee
1990 built
53 days on the market
$779,000
Est. $3,446/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 412 525 Wheelhouse Square

Rare top-floor opportunity on the quiet side of False Creek—one of Vancouver's premier seawall neighbourhoods. Boasting the best 1-bedroom False Creek & water views in the building, this home is a blank canvas ready for your design ideas. Featuring dramatic vaulted ceilings and arched window features, the space is flooded with natural light. Unbeatable location steps from the seawall, fabulous restaurants, cafes, Cambie and Broadway shopping, Granville Island and Olympic Village. Enjoy effortless transit with the Canada Line nearby for quick access to downtown & YVR. A perfect opportunity to build equity in a world-class location. OPEN HOUSE August 29/30 2-4PM

Interior Features

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

Exterior Features

Exterior Features Garden, Balcony
View Description Water View-False Creek
Roof Asphalt, Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $779,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 720
Year Built 1990
Age Of Building 36
Building Type Apartment/Condo
Property Type Residential
Architecture Style Top Floor Unit
Stories 1
Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Gas, Hot Water, Management
Building Name Henley Court
Ownership Type Freehold Strata
Maintenance Fee $511.99
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Gas, Hot Water, Management
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Side Access, Concrete, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Rental Restrictions 100
Rental Suites None
Units In Development 1

Lot & Land

Lot Size Depth Feet
MLS® # R3146541
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Z 4L8
Gross Taxes $2,409.49
Zoning FCCDD

Property Timeline

Status Date Price
R3146541 / Active 07-15-2026 $779,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'7 x 14'7 ft
Main Level Dining Room 11'6 x 11'6 ft
Main Level Kitchen 9'1 x 9'1 ft
Main Level Primary Bedroom 13'3 x 13'3 ft
Main Level Foyer 4'10 x 4'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: RE/MAX Select Properties

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
False Creek Elementary School
Average 0.76 km 6/10
Secondary
Kitsilano Secondary School
Above Average 3.55 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,Secondary
Eaton Arrowsmith School (Vancouver) Ltd
0.27 km
Elementary,Secondary
Eaton Arrowsmith School (Vancouver) Ltd
0.27 km

Closest Transit

Bus Stop
Olympic Village Station @ Bay 2
0.33 km
Skytrain
Skytrain @ Olympic Village Stn
0.30 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

55 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $768,094
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.30 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
53 DOM
Average
False Creek avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

412 525 Wheelhouse Square has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.4% 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 V5Z 4L8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Z 4L8, 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 (~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

Shopping (153 nearby)

  • Busy bee gold · 482 m · Laundry
  • Canadian tire · 482 m · Department Store
  • Reckless the bike store · 515 m · Bicycle Shop

Restaurants (142 nearby)

  • Yume dining · 332 m · Restaurant
  • Restaurant kavita · 477 m · Restaurant
  • Provence marinaside · 506 m · Restaurant

Cafes (51 nearby)

  • Cafe & life co. · 454 m · Cafe
  • The skript kitchen · 486 m · Cafe
  • Caffè cittadella · 490 m · Cafe

Groceries (41 nearby)

  • Big rock beer shop · 439 m · Beverages
  • 7-eleven · 469 m · Convenience
  • Small victory bakery · 510 m · Bakery

Healthcare (14 nearby)

  • Save-on-foods pharmacy · 534 m · Healthcare
  • London drugs · 631 m · Healthcare
  • Landcaster medical supplies & prescriptions · 658 m · Healthcare

Transit (4 nearby)

  • Skytrain @ olympic village stn station · 301 m · Transit
  • Skytrain @ yaletown-roundhouse stn station · 703 m · Transit
  • Skytrain @ broadway-city hall stn station · 736 m · Transit

Gyms (1 nearby)

  • Cycklus · 819 m · Gym

Schools NearBy

45 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

268 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

546 m

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.0 / 10

Distance

764 m

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

775 m

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

775 m

Claren Academy

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

903 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

957 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.11 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.24 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

1.34 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

1.39 KM

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

1.43 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.45 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.47 KM

St. Lawrence School

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

1.47 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.50 KM

St Patrick's

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

1.52 KM

St Francis Xavier

Independent

Grades Served

Catchment Info

9.6 / 10

Distance

1.58 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

1.58 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

9.6 / 10

Distance

1.59 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

2.1 / 10

Distance

1.64 KM

VISST

Independent

Grades Served

Catchment Info

9.9 / 10

Distance

1.69 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

1.71 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

1.75 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.75 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

1.80 KM

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

1.80 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.83 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

1.89 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

5.7 / 10

Distance

2.19 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.26 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.33 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

0

Distance

2.44 KM

David Livingstone Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.46 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

2.48 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.50 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.53 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.55 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

6.2 / 10

Distance

2.70 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

2.71 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.84 KM

York House School

Independent

Grades Served

K-12

Catchment Info

9.3 / 10

Distance

2.87 KM

Charles Dickens Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.90 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

9.8 / 10

Distance

2.92 KM

Little Flower Academy

Independent

Grades Served

8-12

Catchment Info

10.0 / 10

Distance

2.98 KM

Pre-computed routes from 412 525 Wheelhouse Square, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Olympic Village → Waterfront
    13 min
  • Metrotown, Burnaby via Olympic Village → Metrotown
    31 min
  • SFU Burnaby via Olympic Village → Production Way
    38 min
  • Richmond Centre via Olympic Village → Brighouse
    26 min
  • YVR Airport via Olympic Village → YVR-Airport
    27 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

412 525 Wheelhouse Square, Vancouver, BC is ideally located for commuters. The property is 0.3 km from Olympic Village, with a 13 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Olympic Village Station @ Bay 2 (0.33 km). Walk Score Transit rating: Rider's Paradise (94/100).

Walkability & Transit Near 412 525 Wheelhouse Square

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 94

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
94

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 412 525 Wheelhouse Square

2026 assessed value, sourced from City of Vancouver open data (PID 016-002-555).
Total Assessed Value (2026)
$754,600
-2.3% YoY
+0.7%/yr over 4 yr
2022 Value Trend 2026
Land
$666,000
Buildings
$88,600
Year Built
1990
Class
Comprehensive Development
Zoning
FCCDD
Property Tax
$2,538
Year Land Improvements Total Assessed YOY Change
2026 $666,000 $88,600 $754,600
-2.3%
2025 $682,000 $90,700 $772,700
-1.2%
2024 $690,000 $91,800 $781,800
-1.3%
2023 $699,000 $92,900 $791,900
+7.9%
2022 $637,000 $96,900 $733,900

Mortgage Calculator for 412 525 Wheelhouse Square

/month
Principal & Interest
Property Taxes $201
Maintenance fee 511.99
With a 20% down payment, buyers can expect an estimated $3,688/month in total housing costs on this $779,000 property — $2,975 mortgage payment, $201 property tax, $512 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 $2,664/month estimated rent and $3,737/month in total housing costs, this property has a -$1,073/month cashflow. Break-even down payment: approximately 49%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 412 525 Wheelhouse Square, 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 — False Creek, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $779,000
Vancouver Loading...
False Creek Loading...

Based on 7 comparable active apartments/condos in False Creek, the average asking price is $768,000. This listing is priced 1.4% above the neighbourhood 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

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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 412 525 Wheelhouse Square

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 94

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
94

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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