410 388 W 1st Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3122634

$899,000
Est. Mortgage $3,977/mo
The Exchange
1 Beds
1 Baths
802 sqft
1121 $ /sqft
2009 built
$899,000
Est. $3,977/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 410 388 W 1st Avenue

In the heart of False Creek, The Exchange stands as a quiet reminder of Vancouver’s past, thoughtfully reimagined for modern living. Once the city’s telephone exchange in 1911, this heritage landmark offers a refined collection of boutique residences where history is felt in every detail. Inside, a warm industrial palette unfolds exposed brick, polished concrete, & reclaimed Douglas fir beams rising beneath 9’2 ceilings, creating both scale & intimacy. The kitchen, finished in Italian Dada cabinetry with premium appliances, blends seamlessly into the living space, while a spa-inspired bath offers a frameless glass shower & separate tub. Outdoors, a 143 SF terrace extends the home into fresh air. 1 parking & 1 storage included. Above, a rooftop terrace with garden plots, BBQ & lounge

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Heating Type Baseboard, Hot Water
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $899,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 802
Year Built 2009
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities
Building Name The Exchange
Ownership Type Freehold NonStrata
Maintenance Fee $506.4
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Units In Development 68

Lot & Land

Lot Size Depth Feet
MLS® # R3122634
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Y 0B2
Gross Taxes $2,800.21
Zoning APT

Property Timeline

Status Date Price
R3122634 / Active 05-12-2026 $899,000
R3113644 / Active 04-20-2026 $950,000
R2871522 / Sold 05-31-2024 $959,900
Rooms
Floor Type Dimensions
Main Level Foyer 7'6 x 7'6 ft
Main Level Den 8'7 x 8'7 ft
Main Level Bedroom 8'11 x 8'11 ft
Main Level Dining Room 8'11 x 8'11 ft
Main Level Living Room 8'11 x 8'11 ft
Main Level Kitchen 6'10 x 6'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: FaithWilson Christies International Real Estate

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

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Crowe St
0.1 km
Skytrain
Skytrain @ Olympic Village Stn
0.23 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 410 388 W 1st Avenue

Pre-computed routes from 410 388 W 1st Ave, Vancouver, BC (Server-rendered · Indexed by Google)

By transit (Skytrain)

  • Downtown Vancouver via Olympic Village → Waterfront
    12 min
  • Metrotown, Burnaby via Olympic Village → Metrotown
    30 min
  • SFU Burnaby via Olympic Village → Production Way
    37 min
  • Richmond Centre via Olympic Village → Brighouse
    25 min
  • YVR Airport via Olympic Village → YVR-Airport
    26 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
    17 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    11 min

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

410 388 W 1st Ave, Vancouver, BC is ideally located for commuters. The property is 0.2 km from Olympic Village, with a 12 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 2nd Ave @ Crowe St (0.1 km).

BC Assessment Value — 410 388 W 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 028-048-636).
Total Assessed Value (2026)
$863,000
-3.9% YoY
-1.2%/yr over 4 yr
2022 Value Trend 2026
Land
$607,000
Buildings
$256,000
Year Built
2009
Class
Comprehensive Development
Zoning
CD-1 (460)
Property Tax
$2,903
Year Land Improvements Total Assessed YOY Change
2026 $607,000 $256,000 $863,000
-3.9%
2025 $632,000 $266,000 $898,000
+0.0%
2024 $632,000 $266,000 $898,000
-8.6%
2023 $691,000 $291,000 $982,000
+8.4%
2022 $586,000 $320,000 $906,000

Mortgage Calculator for 410 388 W 1st Avenue

/month
Principal & Interest
Property Taxes $233
Maintenance fee 506.4
Based on a 30-year fixed at 4% interest with 20% down ($179,800), the estimated monthly payment for this listing is $4,173/month — $3,434 principal & interest, $233 property tax, $506 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 $3,236/month, this property runs a $1,086/month shortfall after mortgage and carrying costs. Break-even requires approximately 46% 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 $899,000
Vancouver Loading...
False Creek Loading...

Based on 11 comparable active apartments/condos in False Creek, the average asking price is $1,001,089. This listing is priced 10.2% below 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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