Home Vancouver, BC False Creek The One 70 W 1st Avenue

70 W 1st Ave, Vancouver BC - Townhouse for Sale - MLS# R3162490

2 days on the market

$1,249,000

Est. Mortgage $5,526/mo

Listing updated: Sep 8, 2026 at 03:29pm

EstateBlock checked: Sep 10, 2026 at 03:25am

The One

2 Beds

3 Baths

1141 sqft

1095 $ /sqft

1078.08 $ Maint. fee

2015 built

NEW OPEN HOUSE

2 days on the market

$1,249,000

Est. $5,526/mo with 20% down

Listing updated: Sep 8, 2026 at 03:29pm

EstateBlock checked: Sep 10, 2026 at 03:25am

Photos

Exterior Front Photo of 70 W 1st Avenue, Vancouver, BC

Exterior Rear Photo of 70 W 1st Avenue, Vancouver, BC

Living Room Photo of 70 W 1st Avenue, Vancouver, BC

Family Room Photo of 70 W 1st Avenue, Vancouver, BC

Dining Area Photo of 70 W 1st Avenue, Vancouver, BC

Kitchen Photo of 70 W 1st Avenue, Vancouver, BC

Kitchen Island Photo of 70 W 1st Avenue, Vancouver, BC

Pantry Photo of 70 W 1st Avenue, Vancouver, BC

Breakfast Nook Photo of 70 W 1st Avenue, Vancouver, BC

Primary Bedroom Photo of 70 W 1st Avenue, Vancouver, BC

Welcome to Olympic Village! Modern style meets everyday function in this rarely available 2 bdrm + office (or 3rd bdrm), 2.5 bathroom, air-conditioned townhome. The home offers a fantastic layout with floor-to-ceiling windows, hardwood floors, premium stainless steel appliances, generous kitchen pantry and storage. Upstairs are 2 bdrms incl a primary suite w/spacious walkthrough closet & 5 piece bthrm featuring a soaker tub and separate shower. The main floor offers a flexible office or 3rd bdrm, plus additional space for storage. Enjoy exceptional amenities including a rooftop pool, hot tub, gym & party room. Steps to the SkyTrain, Seawall, grocery stores, cafés & restaurants, dog parks and more! 1 parking stall, storage locker & bike room in the bldg. OPEN HOUSE Sat - Sept 12th - 2-4PM

Open houses

12 Sep, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator, Storage
Heating Type	Forced Air
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Playground
Roof	Torch-On
Structures	Residential Attached

Building Details

Price	$1,249,000
Total Bedrooms	2
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	1141
Year Built	2015
Age Of Building	11
Building Type	Townhouse
Property Type	Residential
Stories	2
Building Amenities	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Water
Building Name	The One
Ownership Type	Freehold Strata
Maintenance Fee	$1,078.08
Amenities Nearby	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Water (WaterSource)	Public
Parking Type	Garage Under Building
Total Parking Spaces	1
Strata Restrictions	Pets Allowed,Rentals Allowed
Pet Restrictions	Yes
Units In Development	241

Lot & Land

MLS^® #	R3162490
Area	Vancouver West
Neighbourhood	False Creek
City	Vancouver
Postal Code	V5Y 0K4
Gross Taxes	$4,053.54
Zoning	MF

Property Timeline

Status	Date	Price
R3162490 / Active	09-08-2026	$1,249,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	7'11 x 7'11 ft
Main Level	Dining Room	11'4 x 11'4 ft
Main Level	Kitchen	7'7 x 7'7 ft
Main Level	Office	7'9 x 7'9 ft
Main Level	Pantry	4'10 x 4'10 ft
Abv Main 2	Primary Bedroom	10'3 x 10'3 ft
Abv Main 2	Bedroom	8'9 x 8'9 ft

Bathrooms

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

Listed by: Oakwyn Realty Ltd. & Oakwyn 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.

Map & Neighbourhood

Public Schools

Elementary
Simon Fraser Elementary School: Above Average 1.44 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 0.85 km 9.6/10
Secondary
Columbia College: 0.78 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Manitoba St: 0.13 km
Skytrain
Skytrain @ Main Street Stn: 0.51 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

40 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,202,787

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.51 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

2 DOM

Very fast

False Creek avg

56 DOM

Average

Vancouver avg

56 DOM

Slower market

70 W 1st Avenue has a sell-speed score of 40/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 3.7% above comparable active properties in False Creek. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.1% and an area average of 56 days on market — buyers have more leverage. With only 216 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

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 (94 nearby)

Subway · 51 m · Fast Food
Pho quynh express · 80 m · Restaurant
Manna sushi · 136 m · Restaurant

Shopping (84 nearby)

Scotiabank · 47 m · Bank
Pure nail bar · 78 m · Beauty Shop
Kona's barber shop · 93 m · Hairdresser

Cafes (33 nearby)

The bubble tea shop · 73 m · Cafe
Honolulu coffee · 89 m · Cafe
Amato gelato & cafè · 172 m · Cafe

Groceries (26 nearby)

Save-on-foods · 78 m · Supermarket
Legacy liquor · 159 m · Beverages
Faculty brewing · 172 m · Beverages

Healthcare (9 nearby)

London drugs · 132 m · Healthcare
Yyoung medicine mart · 331 m · Healthcare
Pharmasave · 578 m · Healthcare

Transit (3 nearby)

Skytrain @ main street stn station · 509 m · Transit
Skytrain @ olympic village stn station · 820 m · Transit
Bus stop eastbound kingsway @ e broadway · 945 m · Transit

Gyms (1 nearby)

Cycklus · 949 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 776 m
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 845 m
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 856 m
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 985 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 1.01 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 1.02 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 1.05 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 1.19 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.21 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.26 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.36 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.37 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.6 / 10	Distance 1.44 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.49 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.56 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.57 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.58 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 1.65 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.67 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.74 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 1.85 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.91 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.91 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 2.07 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.10 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.17 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 2.25 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.33 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.48 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.51 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.53 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 2.61 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.71 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.75 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.84 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.89 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.90 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.92 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 2.97 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.99 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.99 KM

Pre-computed routes from 70 W 1st Ave, Vancouver, BC

70 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

70 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 Westbound W 2nd Ave @ Manitoba St (0.13 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 70 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 — 70 W 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 029-700-515).

Total Assessed Value (2026)

$1,205,000

-2.3% YoY

-0.2%/yr over 4 yr

2022 Value Trend 2026

Land

$810,000

Buildings

$395,000

Year Built

2015

Class

Comprehensive Development

Zoning

CD-1 (464)

Property Tax

$4,054

Year	Land	Improvements	Total Assessed	YOY Change
2026	$810,000	$395,000	$1,205,000	-2.3%
2025	$829,000	$404,000	$1,233,000	-0.2%
2024	$831,000	$405,000	$1,236,000	-1.6%
2023	$844,000	$412,000	$1,256,000	+3.5%
2022	$788,000	$426,000	$1,214,000	—

Mortgage Calculator for 70 W 1st Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $338

Maintenance fee 1078.08

Financing 80% of the $1,249,000 asking price over 30 years at 4% results in approximately $6,186/month in total estimated carrying costs, $338 property tax, $1,078 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: Sep 8, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,560/month in rental income, leaving a -$2,680/month cashflow at current carrying costs. Investors targeting break-even would need roughly 65% down.

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

Estateblock Rent Estimate for 70 W 1st Avenue, Vancouver

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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.