807 38 W 1st Ave, Vancouver BC – Condo for Sale – MLS® R3177102

807 38 W 1st Avenue, Vancouver, British Columbia V5Y 0K3

6 days on the market
$725,000
Est. Mortgage $3,207/mo
Listing updated:
EstateBlock checked:
The One
1 Beds
1 Baths
626 sqft
1158 $ /sqft
601.24 $ Maint. fee
2015 built
OPEN HOUSE
6 days on the market
$725,000
Est. $3,207/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 807 38 W 1st Avenue

Welcome to this beautifully appointed 626 sq. ft. 1-bedroom + den in the heart of Olympic Village. Thoughtfully designed with an open-concept layout, this bright residence maximizes every inch of space. The spacious solarium makes an excellent home office, while the stylish kitchen features Bosch appliances, a gas cooktop and quartz countertops. Enjoy A/C throughout, 9' ceilings and a large flex/storage room with custom built-ins. Exceptional resort-style amenities include a rooftop infinity pool, hot tub, fitness centre and lounge. Walk to the Seawall, Urban Fare, London Drugs, cafes, restaurants, gelato and craft breweries, with SkyTrain just minutes away. Walk Score 97. Includes 1 parking and 1 storage locker. Pets and rentals allowed. Open House Sunday Oct 25, 2-4

Open houses

25 Oct, 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 0
Heating Type Forced Air
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Block, Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $725,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 626
Year Built 2015
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Management, Snow Removal, Water
Building Name The One
Ownership Type Freehold Strata
Maintenance Fee $601.24
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Management, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Side Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Units In Development 246

Lot & Land

Lot Size Depth Feet
MLS® # R3177102
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Y 0K3
Gross Taxes $2,388.4
Zoning CD-1

Property Timeline

Status Date Price
R3177102 / Active 10-15-2026 $725,000
Rooms
Floor Type Dimensions
Main Level Living Room 10'2 x 10'2 ft
Main Level Kitchen 14'11 x 14'11 ft
Main Level Bedroom 12'5 x 12'5 ft
Main Level Office 8'8 x 8'8 ft
Main Level Storage 8' x 8' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3

Listed by: Royal Pacific Lions Gate 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 1.45 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 0.82 km 9.6/10
Secondary
Columbia College
0.74 km

Closest Transit

Bus Stop
Eastbound E 2nd Ave @ Ontario St
0.12 km
Skytrain
Skytrain @ Main Street Stn
0.48 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

52 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $677,875
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.48 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
6 DOM
Very fast
False Creek avg
49 DOM
Average
Vancouver avg
49 DOM
Slower market

807 38 W 1st Avenue has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.5% 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 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 0K3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 0K3, 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.

Nearby Restaurants, Cafes & Shops

Restaurants (94 nearby)

  • Subway · 82 m · Fast Food
  • Pho quynh express · 110 m · Restaurant
  • Manna sushi · 119 m · Restaurant

Shopping (85 nearby)

  • Rbc · 84 m · Bank
  • Scotiabank · 88 m · Bank
  • Pure nail bar · 113 m · Beauty Shop

Cafes (33 nearby)

  • The bubble tea shop · 110 m · Cafe
  • Honolulu coffee · 122 m · Cafe
  • Amato gelato & cafè · 132 m · Cafe

Groceries (24 nearby)

  • Save-on-foods · 100 m · Supermarket
  • Faculty brewing · 161 m · Beverages
  • Legacy liquor · 186 m · Beverages

Healthcare (10 nearby)

  • London drugs · 143 m · Healthcare
  • Yyoung medicine mart · 290 m · Healthcare
  • Pharmasave · 555 m · Healthcare

Transit (3 nearby)

  • Skytrain @ main street stn station · 478 m · Transit
  • Skytrain @ olympic village stn station · 857 m · Transit
  • Bus stop eastbound e broadway @ kingsway · 959 m · Transit

Gyms (1 nearby)

  • Cycklus · 975 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

—
N/A

Distance

741 m

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

816 m

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

826 m

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

980 m

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

1.03 KM

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

1.03 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
N/A

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

1.18 KM

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

1.23 KM

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

1.30 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

1.40 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

1.52 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

1.59 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.60 KM

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

1.61 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

1.69 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

—
N/A

Distance

1.87 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

—
N/A

Distance

2.03 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

2.20 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

2.28 KM

Charles Dickens Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.31 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.50 KM

VISST

Independent

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

2.51 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.52 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.0 / 10

Distance

2.58 KM

Charles Dickens Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

2.73 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.74 KM

Queen Victoria Annex

Public

Grades Served

K-5

Catchment Info

—
6.4 / 10

Distance

2.81 KM

St.Joseph's School

Independent

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

2.89 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

—
N/A

Distance

2.91 KM

Tyee Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.92 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

2.92 KM

Stratford Hall School

Independent

Grades Served

K-12

Catchment Info

—
8.7 / 10

Distance

2.94 KM

Stratford Hall

Independent

Grades Served

—

Catchment Info

—
8.7 / 10

Distance

2.96 KM

St Francis of Assisi

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.99 KM

Pre-computed routes from 807 38 W 1st Ave, Vancouver, BC

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

807 38 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 (0.12 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 807 38 W 1st Avenue

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 807 38 W 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 029-701-511).
Total Assessed Value (2026)
$710,000
-5.7% YoY
-0.4%/yr over 4 yr
2022 Value Trend 2026
Land
$487,000
Buildings
$223,000
Year Built
2015
Class
Comprehensive Development
Zoning
CD-1 (464)
Property Tax
$2,388
Year Land Improvements Total Assessed YOY Change
2026 $487,000 $223,000 $710,000
-5.7%
2025 $517,000 $236,000 $753,000
-1.7%
2024 $526,000 $240,000 $766,000
-0.4%
2023 $528,000 $241,000 $769,000
+6.7%
2022 $490,000 $231,000 $721,000 —

Mortgage Calculator for 807 38 W 1st Avenue

/month
Principal & Interest
Property Taxes $199
Maintenance fee 601.24
Financing 80% of the $725,000 asking price over 30 years at 4% results in approximately $3,569/month in total estimated carrying costs, $199 property tax, $601 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

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,548/month in rental income, leaving a -$1,080/month cashflow at current carrying costs. Investors targeting break-even would need roughly 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 807 38 W 1st Avenue, Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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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 — False Creek, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $725,000
Vancouver Loading...
False Creek Loading...

Based on 73 comparable active apartments/condos in False Creek, the average asking price is $680,450. This listing is priced 6.5% above the neighbourhood average.

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 Greater Vancouver REALTORS® 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 807 38 W 1st Avenue

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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