Home Vancouver, BC False Creek The One 62 W 1st Avenue

62 W 1st Ave, Vancouver BC - Townhouse for Sale - MLS# R3149899

44 days on the market

$749,000

Est. Mortgage $3,314/mo

Listing updated: Jul 27, 2026 at 02:17pm

EstateBlock checked: Sep 5, 2026 at 09:45pm

The One

1 Beds

2 Baths

748 sqft

1001 $ /sqft

602.41 $ Maint. fee

2016 built

44 days on the market

$749,000

Est. $3,314/mo with 20% down

Listing updated: Jul 27, 2026 at 02:17pm

EstateBlock checked: Sep 5, 2026 at 09:45pm

Photos

Exterior Front Photo of 62 W 1st Avenue, Vancouver, BC

Exterior Rear Photo of 62 W 1st Avenue, Vancouver, BC

Living Room Photo of 62 W 1st Avenue, Vancouver, BC

Family Room Photo of 62 W 1st Avenue, Vancouver, BC

Dining Area Photo of 62 W 1st Avenue, Vancouver, BC

Kitchen Photo of 62 W 1st Avenue, Vancouver, BC

Kitchen Island Photo of 62 W 1st Avenue, Vancouver, BC

Pantry Photo of 62 W 1st Avenue, Vancouver, BC

Breakfast Nook Photo of 62 W 1st Avenue, Vancouver, BC

Primary Bedroom Photo of 62 W 1st Avenue, Vancouver, BC

Interior Features

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

Exterior Features

Roof	Other, Torch-On
Structures	Residential Attached

Building Details

Price	$749,000
Total Bedrooms	1
Total Bathrooms	2
Full Bathrooms	1
Half Bathrooms	1
Floor Area Total (sqft)	748
Year Built	2016
Age Of Building	10
Building Type	Townhouse
Property Type	Residential
Stories	2
Building Amenities	Bike Room, Clubhouse, Caretaker, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Building Name	The One
Ownership Type	Freehold Strata
Maintenance Fee	$602.41
Community Features	Restaurant, Shopping Nearby
Amenities Nearby	Bike Room, Clubhouse, Caretaker, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Allowed,Rentals Allowed
Pet Restrictions	Yes
Units In Development	91

Lot & Land

MLS^® #	R3149899
Area	Vancouver West
Neighbourhood	False Creek
City	Vancouver
Postal Code	V5Y 0K4
Gross Taxes	$2,712.89
Zoning	CD-1

Rooms

Floor	Type	Dimensions
Main Level	Foyer	5'2 x 5'2 ft
Main Level	Living Room	7'11 x 7'11 ft
Main Level	Dining Room	9'9 x 9'9 ft
Main Level	Den	5'11 x 5'11 ft
Main Level	Laundry	2'8 x 2'8 ft
Above Level	Primary Bedroom	9'10 x 9'10 ft
Above Level	Walk-In Closet	6'10 x 6'10 ft
Above Level	Office	5'0 x 5'0 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#4

Listed by: eXp Realty & eXp Realty

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
Simon Fraser Elementary School: Above Average 1.45 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: 0.75 km

Closest Transit

Bus Stop
Eastbound E 2nd Ave @ Ontario St: 0.13 km
Skytrain
Skytrain @ Main Street Stn: 0.49 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

62 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $825,398

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.49 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

44 DOM

Average

False Creek avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

62 W 1st Avenue has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.2% below comparable active properties in False Creek, 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 may take several weeks to attract serious offers.

Climate Risk for V5Y 0K4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 0K4, 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 (~2.3 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

Restaurants (95 nearby)

Subway · 68 m · Fast Food
Pho quynh express · 95 m · Restaurant
Manna sushi · 124 m · Restaurant

Shopping (85 nearby)

Scotiabank · 69 m · Bank
Rbc · 92 m · Bank
Pure nail bar · 96 m · Beauty Shop

Cafes (33 nearby)

The bubble tea shop · 92 m · Cafe
Honolulu coffee · 106 m · Cafe
Amato gelato & cafè · 150 m · Cafe

Groceries (25 nearby)

Save-on-foods · 90 m · Supermarket
Faculty brewing · 163 m · Beverages
Legacy liquor · 175 m · Beverages

Healthcare (9 nearby)

London drugs · 139 m · Healthcare
Yyoung medicine mart · 308 m · Healthcare
Pharmasave · 563 m · Healthcare

Transit (3 nearby)

Skytrain @ main street stn station · 493 m · Transit
Skytrain @ olympic village stn station · 839 m · Transit
Bus stop westbound expo blvd @ nelson st · 956 m · Transit

Gyms (1 nearby)

Cycklus · 965 m · Gym

Schools NearBy

45 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 754 m
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 825 m
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 835 m
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 979 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 1.03 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 1.04 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 1.04 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.16 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.18 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.22 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.28 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.34 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 1.45 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.51 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.59 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.59 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.60 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.61 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.66 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.68 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.75 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 1.86 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.92 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.92 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 2.05 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.11 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.19 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.22 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.27 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.32 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.50 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.51 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.51 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 2.59 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.73 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.74 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.82 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.90 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.90 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.92 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.92 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 2.95 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.97 KM
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 3.00 KM

Pre-computed routes from 62 W 1st Ave, Vancouver, BC

62 W 1st Ave, Vancouver, BC Main Street 0.5 km

15 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Main Street → Waterfront
15 min
Metrotown, Burnaby via Main Street → Metrotown
21 min
SFU Burnaby via Main Street → Production Way
28 min
Richmond Centre via Main Street → Brighouse
40 min
YVR Airport via Main Street → YVR-Airport
41 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

62 W 1st Ave, Vancouver, BC is ideally located for commuters. The property is 0.5 km from Main Street, with a 15 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 2nd Ave @ Ontario St (0.13 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 62 W 1st Avenue

Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 62 W 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 029-700-558).

Total Assessed Value (2026)

$833,000

-4.3% YoY

-1.1%/yr over 4 yr

2022 Value Trend 2026

Land

$578,000

Buildings

$255,000

Year Built

2015

Class

Comprehensive Development

Zoning

CD-1 (464)

Property Tax

$2,802

Year	Land	Improvements	Total Assessed	YOY Change
2026	$578,000	$255,000	$833,000	-4.3%
2025	$604,000	$266,000	$870,000	-0.9%
2024	$609,000	$269,000	$878,000	-0.7%
2023	$613,000	$271,000	$884,000	+1.5%
2022	$573,000	$298,000	$871,000	—

Mortgage Calculator for 62 W 1st Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $226

Maintenance fee 602.41

Based on a 30-year fixed at 4% interest with 20% down ($149,800), the estimated monthly payment for this listing is $3,689/month — $2,861 principal & interest, $226 property tax, $602 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: Jul 27, 2026

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 $2,632/month, this property runs a $1,118/month shortfall after mortgage and carrying costs. Break-even requires approximately 52% down.

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

Estateblock Rent Estimate for 62 W 1st 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.