Owning a piece of the Waterfall Building is a rare privilege—a lifestyle choice that exudes both value and sophistication. The building’s location is unparalleled, nestled at the edge of False Creek, bordering the Kitsilano neighbourhood. This residence is protected by a view cone, ensuring its breathtaking vistas will remain unobstructed by future construction. The unit boasts a stunning rooftop, accessible via a magnificent private staircase. This terrace stands out as one of the few units in the building with an outdoor garden, offering both intimacy and spectacular views. With an outdoor dining area, seating for four, and a fire pit, it becomes the perfect space for evening gatherings, offering sweeping views of Vancouver's skyline and surrounding mountains. OPEN HOUSE Apr 12th 2-4pm
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator, Storage |
| Heating Type | Radiant |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Concrete |
| Foundation | Concrete Perimeter |
| View Description | City |
|---|---|
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $1,399,000 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 963 |
| Year Built | 2001 |
| Age Of Building | 25 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Architecture Style | Loft/Warehouse Conv. |
| Stories | 2 |
| Building Amenities | Trash, Hot Water, Sewer |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $695.94 |
| Amenities Nearby | Trash, Hot Water, Sewer |
| Utility Type | Community, Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allwd w/Restrctns |
| Pet Restrictions | Yes With Restrictions |
| MLS® # | R3126673 |
|---|---|
| Area | Vancouver West |
| Neighbourhood | False Creek |
| City | Vancouver |
| Postal Code | V6J 1H2 |
| Gross Taxes | $3,647.9 |
| Zoning | C-2B |
| Status | Date | Price |
|---|---|---|
| R3126673 / Active | 05-19-2026 | $1,399,000 |
| R3099349 / Terminated | 03-12-2026 | $1,399,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 13'11 x 13'11 ft |
| Main Level | Kitchen | 11'1 x 11'1 ft |
| Main Level | Foyer | 8'4 x 8'4 ft |
| Above Level | Primary Bedroom | 15'11 x 15'11 ft |
| Above Level | Office | 14'10 x 14'10 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
Listed by: Century 21 In Town 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Closest Transit
Crime Rate
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| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 508 1540 W 2nd Avenue | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $838,000 | $274,000 | $1,112,000 |
-7.0%
|
| 2025 | $901,000 | $295,000 | $1,196,000 |
-2.7%
|
| 2024 | $926,000 | $303,000 | $1,229,000 |
-4.1%
|
| 2023 | $966,000 | $316,000 | $1,282,000 |
+7.8%
|
| 2022 | $877,000 | $312,000 | $1,189,000 | — |
Based on 11 comparable active apartments/condos in False Creek, the average asking price is $1,001,089. This listing is priced 39.7% above the neighbourhood average.
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