Home Vancouver, BC False Creek Sails 606 1661 Ontario Street

606 1661 Ontario St, Vancouver BC V5Y 0C3 – Condo for Sale – MLS® R3175231

606 1661 Ontario Street, Vancouver, British Columbia V5Y 0C3

Vancouver Condos for Sale

29 days on the market

$899,000

Est. monthly cost $4,490/mo

Updated with MLS® - Nov 11, 2026 at 05:45pm

Sails At The Village

1 Beds

1 Baths

830 sqft

1083 $ /sqft

621.43 $ Maint. fee

2010 built

Photos

Welcome to sophisticated, oversized living at The Sails in Olympic Village! This beautifully appointed, extra-large 1 BED+DEN+FLEX offers 830 SF of spacious living, 9' ceilings & panoramic windows. The Chef’s Kitchen features Eggersman cabinetry, quartz counters & Sub-Zero fridge. The DEN serves as your ideal work-from-home office, while the FLEX easily handles all your storage needs. Spa-inspired bath with separate tub & shower & a balcony that catches gorgeous morning light & overlooks green views of the UPCOMING NEW East Park. Includes 1 parking stall, locker & building amenities (gym, lounge, courtyard terrace) PLUS access to the Gold Medal Club gym & indoor pool! Steps to the iconic False Creek Seawall, Save-On Foods, restaurants, cafes, Creekside CC, Aquabus & Skytrain.

Building 27 fields Inside & out 15 fields Lot & land 7 fields

Building Details

Price	$899,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	830
Year Built	2010
Age Of Building	16
Building Type	Apartment/Condo
Unit Style	Upper unit
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities
Building Name	Sails At The Village
Ownership Type	Freehold Strata
Maintenance Fee	$621.43
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Yes With Restrictions
Rental Suites	None
Units In Development	114

Interior Features

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

Exterior Features

Exterior Features	Balcony
View Description	EAST PARK, SOME MOUNTAIN
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3175231
Area	Vancouver West
Neighbourhood	False Creek
City	Vancouver
Postal Code	V5Y 0C3
Gross Taxes	$2,950.63
Zoning	CD-1

Property Timeline

Status	Date	Price
R3175231 / Active	10-13-2026	$899,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'10 x 13'10 ft
Main Level	Dining Room	10'3 x 10'3 ft
Main Level	Kitchen	10'2 x 10'2 ft
Main Level	Den	10'6 x 10'6 ft
Main Level	Flex Room	6'7 x 6'7 ft
Main Level	Bedroom	10'3 x 10'3 ft
Main Level	Walk-In Closet	7'7 x 7'7 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4

Listed by: Rennie & Associates Realty Ltd.

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.

About the building: Sails

1661 Ontario Street, False Creek, Vancouver

Sails building details

Building

Built: 2010
Homes: 114 in 13 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: BCS3841
Managed by: Ascent Property Management
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementGasGardeningGarbage PickupCaretaker

Bylaws on record

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

Market at Sails

For sale: 2
Median ask: $864K
Median $/sqft: $1,171
Days on market: 40
Sold, past year: 2

This home

$1,083/sqft, 7.5% below the building median of $1,171.

Homes for sale at Sails, Vancouver Recent sold listings in Sails, Vancouver

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.43 km · crime average · sell-speed score 46/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

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 · 102 m · Post Office
London drugs · 105 m · Pharmacy
Scotiabank · 122 m · Bank

Cafes (35 nearby)

Amato gelato & cafè · 133 m · Cafe
The bubble tea shop · 152 m · Cafe
Honolulu coffee · 170 m · Cafe

Groceries (25 nearby)

Save-on-foods · 86 m · Supermarket
Legacy liquor · 167 m · Beverages
Faculty brewing · 215 m · Beverages

Healthcare (11 nearby)

London drugs · 105 m · Healthcare
Yyoung medicine mart · 285 m · Healthcare
Iida pharmacy · 536 m · Healthcare

Transit (3 nearby)

Skytrain @ main street stn station · 430 m · Transit
Skytrain @ olympic village stn station · 896 m · Transit
Bus stop northbound smithe st @ expo blvd · 959 m · Transit

Gyms (1 nearby)

Cycklus · 944 m · Gym

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: $772,967

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

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

29 DOM

Very fast

False Creek avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

606 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 16.3% 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 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. 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.

Schools NearBy

45 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	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 —	N/A	Distance 1.09 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	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 —	N/A	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 —	N/A	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 —	N/A	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 —	N/A	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 —	N/A	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 606 1661 Ontario St, Vancouver, BC

606 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

606 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 606 1661 Ontario Street

Walker's Paradise 98

Walk Score - Walker's Paradise

Daily errands do not require a car

Rider's Paradise 99

Transit Score - Rider's Paradise

World-class public transportation

Biker's Paradise 97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 606 1661 Ontario Street

2026 assessed value, sourced from City of Vancouver open data (PID 028-235-746).

Total Assessed Value (2026)

$877,000

-4.3% YoY

+0.4%/yr over 4 yr

2022 Value Trend 2026

Land

$607,000

Buildings

$270,000

Year Built

2009

Class

Comprehensive Development

Zoning

CD-1 (454)

Property Tax

$2,951

Year	Land	Improvements	Total Assessed	YOY Change
2026	$607,000	$270,000	$877,000	-4.3%
2025	$634,000	$282,000	$916,000	+0.0%
2024	$634,000	$282,000	$916,000	-4.5%
2023	$664,000	$295,000	$959,000	+11.0%
2022	$593,000	$271,000	$864,000	—

Costs & calculators

Monthly cost about $4,490/month · rent estimate $3,236/month · owning catches up with renting by year 12 · cash flow if rented −$1,472/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 606 1661 Ontario Street

$4,490 /month

Principal & Interest $3,623

Property Taxes $246

Maintenance fee $621

The estimated monthly cost of 606 1661 Ontario Street, Vancouver is $4,490: $3,623 principal and interest with 20% down over 30 years at 4.45%, plus $246 property tax and $621 strata 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

−$1,472 /month

Mortgage Payment $3,623

Monthly Cash Flow −$1,472

Break Even Down Payment 53%

Cap Rate -2.0%

Cash on Cash -9.8%

If 606 1661 Ontario Street, Vancouver were rented at $3,236 a month with 5% vacancy, it would fall $1,472 a month short of the mortgage and carrying costs; about 53% down would break even.

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

Estateblock Rent Estimate for 606 1661 Ontario Street, Vancouver

$3,236 / month

Rent $3,236

Own $4,490

Principal: $1,165/mo Interest, tax, insurance, fees: $3,325/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$975/mo (year 1) → ~$2,268/mo (year 20) → ~$3,383/mo (year 29).

Net cost to own at year 5 ~$3,325/mo About $89/mo more than renting

EstateBlock estimates 606 1661 Ontario Street, Vancouver would rent for about $3,236 a month.

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.

Rent vs own: 606 1661 Ontario Street

Rent vs own

Owning catches up by year 12

With 20% down ($179,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $64,090

Principal paid off by year 10 $144,119

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 606 1661 Ontario Street, Vancouver is cheaper at first, but owning catches up by year 12, with $64,090 of principal paid off by year 5 and $144,119 by year 10.