105 1502 Island Park Walk, Vancouver BC - Apartment/Condo for Sale - MLS# R3094562

$798,000
Est. Mortgage $3,530/mo
Lagoons
1 Beds
1 Baths
977 sqft
817 $ /sqft
698 $ Maint. fee
1988 built
$798,000
Est. $3,530/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 105 1502 Island Park Walk

Experience a magical waterfront community lifestyle where everyday feels like vacation in paradise. Welcome to this bright and spacious 977sqft one-bedroom & open-den sanctuary at ”The Lagoons” - a highly sought-after waterfront complex in False Creek. This home features stunning eng. h/w floors throughout, wood-burning fireplace, high-quality appliances (Bosch stove & dishwasher), and large, quiet, south-west-facing patio overlooking sparkling water. Bring your patio-decorating ideas to create your own private outdoor haven. Steps to the False Creek seawall and to Granville Island Market shops, restaurants, and water taxies. Incl. 1 pkg, 1 locker. Pets allowed with some restrictions. Prepaid lease until 2066. NOTE: Fixed-term tenant in place until Feb 28, 2027. Showings by appointment.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

View Description Lagoon
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $798,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 977
Year Built 1988
Age Of Building 38
Building Type Apartment/Condo
Property Type Residential
Architecture Style Ground Level Unit
Stories 0
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Water
Building Name Lagoons
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $698
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3094562
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V6H 3Z8
Gross Taxes $2,784.61
Zoning FCCDD

Property Timeline

Status Date Price
R3094562 / Active 03-01-2026 $798,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'6 x 17'6 ft
Main Level Dining Room 10' x 10' ft
Main Level Kitchen 10'6 x 10'6 ft
Main Level Nook 8'6 x 8'6 ft
Above Level Storage 5'6 x 5'6 ft
Main Level Primary Bedroom 13' x 13' ft
Main Level Other 8' x 8' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5

Listed by: Sutton Group-West Coast Realty & Sutton Group-West Coast 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
Henry Hudson Elementary School
0.77 km
Secondary
Kitsilano Secondary School
2.11 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Anchor Point Montessori
0.91 km
Secondary
Century High School
0.94 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Anderson St
0.09 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
1.23 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 105 1502 Island Park Walk

BC Assessment Value — 105 1502 Island Park Walk

2026 assessed value, sourced from City of Vancouver open data (PID 010-197-885).
Total Assessed Value (2026)
$796,000
-10.9% YoY
+0.7%/yr over 4 yr
2022 Value Trend 2026
Land
$684,000
Buildings
$112,000
Year Built
1989
Class
Comprehensive Development
Zoning
FCCDD
Property Tax
$2,678
Year Land Improvements Total Assessed YOY Change
2026 $684,000 $112,000 $796,000
-10.9%
2025 $767,000 $126,000 $893,000
-0.1%
2024 $768,000 $126,000 $894,000
+5.3%
2023 $729,000 $120,000 $849,000
+9.7%
2022 $652,000 $122,000 $774,000

Mortgage Calculator for 105 1502 Island Park Walk

/month
Principal & Interest
Property Taxes $232
Maintenance fee 698
A 20% down payment of $159,600 on this $798,000 listing yields an estimated mortgage of $3,048/month (30-year fixed, 4%). Total estimated housing cost: $3,978/month, $232 property tax, $698 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $2,872/month in estimated rental income against $4,028/month in mortgage payments, the monthly cashflow is -$1,156/month. A 51% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — False Creek, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $798,000
Vancouver Loading...
False Creek Loading...

Based on 15 comparable active apartments/condos in False Creek, the average asking price is $605,933. This listing is priced 31.7% 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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