502 1012 Beach Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3139976

56 days on the market
$1,549,000
Est. Mortgage $6,853/mo
Listing updated:
EstateBlock checked:
1000 Beach
2 Beds
2 Baths
1587 sqft
976 $ /sqft
1244.8 $ Maint. fee
1991 built
OPEN HOUSE 8.8% price reduction 23.5% cheaper than comps
56 days on the market
$1,549,000
$1,699,000
Est. $6,853/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 502 1012 Beach Avenue

8.8% price reduction 23.5% cheaper than comps

NEW PRICE! WATERFRONT OPPORTUNITY on the SEAWALL! 1st time on the market this spacious 2 bedroom, 2 bath features over 1600 SF of living space. Southeast facing great room combines living, dining plus family area perched over the 1000 Beach Marina with unobstructed False Creek water views to Granville Island. Kitchen with eating area offers easy access to the sunny BBQ balcony. King size Primary bedroom with ensuite and large walk in closet enjoys the ocean breezes and West views to Sunset Beach. Generous 2nd bedroom with built-in office also overlooks the water to the West. Full size laundry room provides added storage. Value 3 parking stalls plus a locker. Pets and rentals allowed. Great amenities -concierge, pool, sauna, gym & squash. Bring your design ideas & create your dream home!

Open houses

23 Aug, 2026 (01:00 PM to 03:00 PM)

Interior Features

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

Exterior Features

Exterior Features Balcony
View Description DIRECT FALSE CREEK WATER
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,549,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1587
Year Built 1991
Age Of Building 35
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Other
Building Name 1000 Beach
Ownership Type Freehold Strata
Maintenance Fee $1,244.8
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Other
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Side Access
Total Parking Spaces 3
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Units In Development 252

Lot & Land

MLS® # R3139976
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6E 1T7
Gross Taxes $4,402.99
Zoning CD-1

Property Timeline

Status Date Price
R3139976 / Active 06-25-2026 $1,549,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'4 x 14'4 ft
Main Level Dining Room 11'2 x 11'2 ft
Main Level Family Room 14'4 x 14'4 ft
Main Level Kitchen 11'10 x 11'10 ft
Main Level Eating Area 8'3 x 8'3 ft
Main Level Primary Bedroom 16'3 x 16'3 ft
Main Level Walk-In Closet 11'2 x 11'2 ft
Main Level Bedroom 15'7 x 15'7 ft
Main Level Laundry 8'4 x 8'4 ft
Main Level Foyer 12'4 x 12'4 ft
Main Level Patio 11'0 x 11'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #4

Listed by: Sotheby's International Realty Canada & Sotheby's International Realty Canada & Sotheby's International Realty Canada

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
Elsie Roy Elementary School
Average 1.01 km 6.8/10
Secondary
King George Secondary School
Average 1.57 km 6.2/10

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

Private Schools

Elementary
Claren Academy
Above Average 1.01 km 9/10
Secondary
Pattison High School
0.93 km

Closest Transit

Bus Stop
Westbound Beach Ave @ Hornby St
0.17 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.96 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 57.6%
No Certificate/Degree
Below Average 3.3%
Owner Occupied
Below Average 53.3%
Employment Rate
Below Average 34.1%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

76 / 100
Overall sell-speed score
Likely within 1–3 weeks
A+
Price competition grade
Avg comparable: $1,913,015
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.96 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How YALETOWN compares
This property
56 DOM
Average
Yaletown avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

502 1012 Beach Avenue has a sell-speed score of 76/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 23.5% below comparable active properties in Yaletown, which is a strong competitive signal. 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 likely to attract offers within 1–3 weeks.

Climate Risk for V6E 1T7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6E 1T7, 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 (~4.5 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 (182 nearby)

  • Hoshi · 21 m · Restaurant
  • Beach ave bar & grill · 36 m · Restaurant
  • Go canada · 253 m · Restaurant

Shopping (164 nearby)

  • Baxter's on beach hair studio · 21 m · Hairdresser
  • Mini medi spa · 146 m · Beauty Shop
  • Bicycle sports pacific · 274 m · Bicycle Shop

Cafes (54 nearby)

  • The grind · 77 m · Cafe
  • Inbtwn cafe · 153 m · Cafe
  • The blue parrot coffee · 319 m · Cafe

Groceries (48 nearby)

  • Easy day store · 207 m · Convenience
  • Tartine bread & pies · 299 m · Bakery
  • Terra breads · 344 m · Bakery

Healthcare (9 nearby)

  • London drugs · 346 m · Healthcare
  • Pure integrative pharmacy · 471 m · Healthcare
  • Yale i.d.a. pharmacy · 582 m · Healthcare

Gyms (2 nearby)

  • Baza dance studios · 606 m · Gym
  • Robert lee ymca · 978 m · Gym

Transit (2 nearby)

  • Bus stop yaletown-roundhouse station @ bay 1 · 932 m · Transit
  • Skytrain @ yaletown-roundhouse stn station · 963 m · Transit

Schools NearBy

37 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

934 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.8 / 10

Distance

1.01 KM

Claren Academy

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

1.01 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.04 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.15 KM

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

1.16 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.27 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

1.37 KM

St. Lawrence School

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

1.39 KM

VISST

Independent

Grades Served

Catchment Info

9.9 / 10

Distance

1.40 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

1.52 KM

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.53 KM

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

1.54 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

5.7 / 10

Distance

1.56 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

1.57 KM

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

1.60 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.64 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

1.69 KM

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

1.69 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

1.76 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

2.1 / 10

Distance

1.79 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.81 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

1.86 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

9.8 / 10

Distance

2.05 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

2.09 KM

Fraser Academy

Independent

Grades Served

2-12

Catchment Info

6.2 / 10

Distance

2.15 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.26 KM

Vancouver Technical Secondary School

Public

Grades Served

8-12

Catchment Info

7.1 / 10

Distance

2.51 KM

Kitsilano Secondary School

Public

Grades Served

8-12

Catchment Info

7.2 / 10

Distance

2.59 KM

General Gordon Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.76 KM

SelfDesign Learning Community (DL)

Independent

Grades Served

Catchment Info

5.7 / 10

Distance

2.82 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.86 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

2.87 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.88 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.92 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

2.95 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.96 KM

Pre-computed routes from 502 1012 Beach Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    19 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    37 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    44 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    36 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    37 min

By car (off-peak)

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

Calculate your commute

502 1012 Beach Ave, Vancouver, BC is ideally located for commuters. The property is 1.0 km from Yaletown-Roundhouse, with a 19 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Beach Ave @ Hornby St (0.17 km). Walk Score Transit rating: Excellent Transit (84/100).

Walkability & Transit Near 502 1012 Beach Avenue

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 502 1012 Beach Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 015-865-797).
Total Assessed Value (2026)
$1,429,000
+1.2% YoY
-1.8%/yr over 4 yr
2022 Value Trend 2026
Land
$1,092,000
Buildings
$337,000
Year Built
1991
Class
Comprehensive Development
Zoning
CD-1 (195)
Property Tax
$4,807
Year Land Improvements Total Assessed YOY Change
2026 $1,092,000 $337,000 $1,429,000
+1.2%
2025 $1,079,000 $333,000 $1,412,000
-10.2%
2024 $1,202,000 $371,000 $1,573,000
-4.6%
2023 $1,260,000 $389,000 $1,649,000
+7.4%
2022 $1,180,000 $356,000 $1,536,000

Mortgage Calculator for 502 1012 Beach Avenue

/month
Principal & Interest
Property Taxes $367
Maintenance fee 1244.8
A 20% down payment of $309,800 on this $1,549,000 listing yields an estimated mortgage of $5,916/month (30-year fixed, 4%). Total estimated housing cost: $7,528/month, $367 property tax, $1,245 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
With $3,826/month in estimated rental income against $7,579/month in mortgage payments, the monthly cashflow is -$3,753/month. A 71% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 502 1012 Beach Avenue, 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 — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,549,000
Vancouver Loading...
Yaletown Loading...

Based on 5 comparable active apartments/condos in Yaletown, the average asking price is $2,025,000. This listing is priced 23.5% below the neighbourhood average. This property is flagged as a Hot Deal (8.8% price reduction, 23.5% cheaper than comparables) based on its competitive pricing and market demand.

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

Call or Text Now!

Dan Marusin
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 502 1012 Beach Avenue

Walk Score Badge
Car-Dependent 95

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

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