Home Vancouver, BC False Creek Island Cove 549 1515 W 2nd Avenue

549 1515 W 2nd Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R2991025

Verified Account Required $●●●,●●●

Listing updated: May 27, 2025 at 01:32am

EstateBlock checked: Oct 6, 2026 at 11:45pm

Island Cove

2 Beds

3 Baths

1450 sqft

826 $ /sqft

841.43 $ Maint. fee

1989 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: May 27, 2025 at 01:32am

EstateBlock checked: Oct 6, 2026 at 11:45pm

Photo

About the building: Island Cove

1515 W 2nd Avenue, Vancouver

Island Cove building details

Building

Built: 1989
Homes: 60
Construction: Concrete
Title: Freehold Strata
Strata plan: VR2535
Managed by: The Wynford Group
Parking: Visitor Parking, Garage: Underground
Lockers: Limited
Strata fee covers: Recreation FacilityManagementGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Homes for sale at Island Cove, Vancouver Recent sold listings in Island Cove, 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
Kitsilano Secondary School: 2.05 km
Elementary
Henry Hudson Elementary School: Average 0.75 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
Anchor Point Montessori: 0.98 km
Secondary
Century High School: 0.86 km

Closest Transit

Bus Stop
Eastbound W 2nd Ave @ Anderson St: 0.04 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 1.29 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

56 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.29 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

41 DOM

Average

False Creek avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

549 1515 W 2nd Avenue has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 V6J 5C5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6J 5C5, 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 (~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

Shopping (122 nearby)

Glamstar beauty & nails · 52 m · Beauty Shop
Aer skinlab · 118 m · Beauty Shop
Reckless bike stores · 152 m · Bicycle Shop

Restaurants (118 nearby)

Cofu pressed sushi · 53 m · Restaurant
Straight outta brooklyn nyc pizzeria · 54 m · Fast Food
Afghan horsemen restaurant · 56 m · Restaurant

Cafes (45 nearby)

The corner store cafe · 53 m · Cafe
Hy tea lounge · 106 m · Cafe
Oidé coffee · 122 m · Cafe

Groceries (35 nearby)

Bakery 101 · 72 m · Bakery
Granville island brewing retail store · 231 m · Beverages
Brewing august · 237 m · Beverages

Healthcare (5 nearby)

Pharmasave · 768 m · Healthcare
Shaughnessy pharmacy · 777 m · Healthcare
London drugs · 789 m · Healthcare

Transit (1 nearby)

Bus stop westbound pacific st @ richards st · 936 m · Transit

Schools NearBy

44 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 712 m
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.2 / 10	Distance 750 m
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 773 m
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 781 m
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 864 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 912 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 914 m
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.14 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 1.18 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.19 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.24 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 1.45 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.45 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.46 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 1.56 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 1.57 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.88 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.92 KM
Vancouver Technical Secondary School	Public	Grades Served 8-12	Catchment Info —	7.1 / 10	Distance 2.01 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.01 KM
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 2.02 KM
Kitsilano Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.2 / 10	Distance 2.05 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.21 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info —	6.2 / 10	Distance 2.24 KM
SelfDesign Learning Community (DL)	Independent	Grades Served —	Catchment Info —	5.7 / 10	Distance 2.30 KM
York House School	Independent	Grades Served K-12	Catchment Info —	9.3 / 10	Distance 2.32 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 2.32 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 2.32 KM
General Gordon Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.34 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.34 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 2.38 KM
Little Flower Academy	Independent	Grades Served 8-12	Catchment Info —	10.0 / 10	Distance 2.40 KM
Shaughnessy Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.40 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.45 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 2.46 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.48 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.59 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.61 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 2.65 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.78 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.83 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.91 KM
Trafalgar Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.92 KM
Carnarvon Community Elementary	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.93 KM

Pre-computed routes from 549 1515 W 2nd Ave, Vancouver, BC

549 1515 W 2nd Ave, Vancouver, BC Yaletown-Roundhouse 1.3 km

22 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
22 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
40 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
47 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
39 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
40 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
3 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
11 min

Calculate your commute

549 1515 W 2nd Ave, Vancouver, BC is ideally located for commuters. The property is 1.3 km from Yaletown-Roundhouse, with a 22 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W 2nd Ave @ Anderson St (0.04 km).

Mortgage Calculator for 549 1515 W 2nd Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $306

Maintenance fee 841.43

Based on a 30-year fixed at 4% interest with 20% down ($239,600), the estimated monthly payment for this listing is $5,723/month — $4,576 principal & interest, $306 property tax, $841 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 $3,414/month, this property runs a $2,360/month shortfall after mortgage and carrying costs. Break-even requires approximately 62% down.

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

Estateblock Rent Estimate for 549 1515 W 2nd 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.