21 1201 Lamey's Mill Rd, Vancouver BC - Townhouse for Sale - MLS# R3130711

$469,000
Est. Mortgage $2,075/mo
Alder Bay Place
1 Beds
2 Baths
1057 sqft
444 $ /sqft
641.35 $ Maint. fee
1980 built
NEW OPEN HOUSE
$469,000
Est. $2,075/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

Photos

Property Details for 21 1201 Lamey's Mill Road

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/ restriction. 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. OPEN SUN JUNE 7th 2:30-4pm

Open houses

07 Jun, 2026 (01:30 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Other
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description MARINA AND FALSE CREEK
Roof Other
Structures Residential Attached

Building Details

Price $469,000
Total Bedrooms 1
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1057
Year Built 1980
Age Of Building 46
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Trash, Maintenance Grounds, Management
Building Name Alder Bay Place
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $641.35
Amenities Nearby Trash, Maintenance Grounds, Management
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
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
Units In Development 47

Lot & Land

MLS® # R3130711
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V6H 3S8
Gross Taxes $3,255.47
Zoning FCCDD

Property Timeline

Status Date Price
R3130711 / Active 06-01-2026 $469,000
R3042688 / Expired 09-02-2025 $499,000
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.

Map & Neighbourhood

Public Schools

Elementary
False Creek Elementary School
0.42 km
Secondary
Kitsilano Secondary School
2.37 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
1.13 km
Secondary
Century High School
1.02 km

Closest Transit

Bus Stop
Westbound Lameys Mill Rd @ Alder Crossing
0.01 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
1.11 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 21 1201 Lamey's Mill Road

Pre-computed routes from 21 1201 Lamey's Mill Rd, Vancouver, BC (Server-rendered · Indexed by Google)

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    20 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    38 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    45 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    37 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    38 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    3 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    19 min
  • Richmond Centre via No. 3 Rd
    13 min
  • YVR Airport via Bridgeport / Sea Island
    11 min

Calculate your commute (JS — not indexed, but keeps users on page)

21 1201 Lamey's Mill Rd, Vancouver, BC is ideally located for commuters. The property is 1.1 km from Yaletown-Roundhouse, with a 20 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Lameys Mill Rd @ Alder Crossing (0.01 km).

BC Assessment Value — 21 1201 Lamey's Mill Road

2026 assessed value, sourced from City of Vancouver open data (PID 006-521-797).
Total Assessed Value (2026)
$1,062,000
+1.7% YoY
+3.1%/yr over 4 yr
2022 Value Trend 2026
Land
$953,000
Buildings
$109,000
Year Built
1980
Class
Comprehensive Development
Zoning
FCCDD
Property Tax
$3,572
Year Land Improvements Total Assessed YOY Change
2026 $953,000 $109,000 $1,062,000
+1.7%
2025 $937,000 $107,000 $1,044,000
+5.2%
2024 $890,000 $102,000 $992,000
-4.1%
2023 $928,000 $106,000 $1,034,000
+9.9%
2022 $802,000 $139,000 $941,000

Mortgage Calculator for 21 1201 Lamey's Mill Road

/month
Principal & Interest
Property Taxes $271
Maintenance fee 641.35
Based on a 30-year fixed at 4% interest with 20% down ($93,800), the estimated monthly payment for this listing is $2,703/month — $1,791 principal & interest, $271 property tax, $641 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%
At an estimated rental income of $1,876/month, this property runs a $881/month shortfall after mortgage and carrying costs. Break-even requires approximately 60% down.
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 $469,000
Vancouver Loading...
False Creek Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar townhouses average $709,000 across 2 active listings — this listing is 33.9% below the Vancouver 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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