20.6% price reduction

21 1201 Lamey's Mill Rd, Vancouver, BC

$595,000
Est. Mortgage /mo

MLS# R3042688 · Alder Bay Place

1 Beds
2 Baths
1057 sqft
563 $ /sqft
616.68 $ Maint. fee
1980 built
$595,000
$749,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

20.6% price reduction

Experience the best of Vancouver living in this beautifully renovated townhome with 1,057 sqft over 3 floors. Located in a boutique waterfront building surrounded by mature gardens, this home offers expansive views of False Creek. The prime seawall location is perfect for morning jogs or dog walks, with Granville Island, Olympic Village, and Charleson Park just steps away. The property features a home office with built-in workspace, in-suite laundry, fireplace, and two private outdoor spaces: a main-level balcony + secluded rooftop sundeck. Includes 1 parking & storage locker. Pets & rentals are permitted w/ restrictions. Some images have been digitally staged. Lease to 2040. Option to extend to 2060. ALL OFFERS SUBJECT TO APPROVAL OF THE SUPREME COURT OF B.C.

General Info

Price $595,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1057
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement 0
Basement Features None

Property Metrics

Year Built 1980
Age Of Building 46
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Trash, Maintenance Grounds, Management
Structures Residential Attached

Additional Details

MLS® # R3042688
Building Name Alder Bay Place
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V6H 3S8
Price per Sqft -
Gross Taxes $3,255.47
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $616.68
Amenities Nearby Trash, Maintenance Grounds, Management
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning FCCDD
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Other
Foundation Concrete Perimeter
Locker 1
View 1
View Description MARINA AND FALSE CREEK
Units In Development 47
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property Timeline

Status Date Price
R3042688 / Active 09-02-2025 $595,000
Rooms
Floor Type Dimensions
Below Foyer 6'11 x 6'11 ft
Main Level Kitchen 9'1 x 9'1 ft
Main Level Dining Room 7'5 x 7'5 ft
Main Level Living Room 16' x 16' ft
Above Level Primary Bedroom 11'11 x 11'11 ft
Above Level Den 7'1 x 7'1 ft
Bathrooms
Floor Ensuite Pieces
Below No #1
Above Level No #4
Listed by: Macdonald Realty & Macdonald 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.

Neighborhood & Transit Info

Public Schools

Secondary
Kitsilano Secondary School
2.35 km
Elementary
False Creek Elementary School
0.45 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
1.09 km
Secondary
Century High School
1.01 km

Closest Transit

Bus Stop
Westbound Lameys Mill Rd @ Alder Crossing
0.06 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
1.10 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $271
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($119,000), the estimated monthly payment for this listing is $3,160/month — $2,272 principal & interest, $271 property tax, $617 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,261/month, this property runs a $958/month shortfall after mortgage and carrying costs. Break-even requires approximately 54% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $595,000
Vancouver Loading...
False Creek Loading...
No active comparables are currently available for this property type in Vancouver. Pricing context may be limited at this time. This property is flagged as a Hot Deal (20.6% price reduction) based on its competitive pricing and market demand.
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 21 1201 Lamey's Mill Road, Vancouver, BC?
The closest top-rated schools are Kitsilano Secondary School and False Creek Elementary School.
Is 21 1201 Lamey's Mill Road, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 21 1201 Lamey's Mill Road, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,570.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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