704 123 W 1st Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3116392

$599,900
Est. Mortgage $2,654/mo
Compass At The Village On False Creek
1 Beds
1 Baths
574 sqft
1045 $ /sqft
579.86 $ Maint. fee
2010 built
$599,900
Est. $2,654/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 704 123 W 1st Avenue

At the heart of Olympic Village, this intelligently designed 1 Bedroom home offers a rare combination of VIEWS & LAYOUT efficiency. The open-concept interior flows seamlessly to a private balcony showcasing dynamic views of the Village, Science World, False Creek waters, and the North Shore mountains, while the bedroom features a spacious CUSTOM MADE walk-in closet. Floor-to-ceiling windows, high ceilings, MIELE appliances including a gas cooktop, double sink vanity and a well maintained unit overall add to the home's comfort & quality. Step outside to one of Vancouver’s most vibrant waterfront communities, with the Seawall, shops, cafes, restaurants, and access to GOLD MEDAL Club. A great opportunity to own in a highly sought-after location offering both lifestyle and long-term value.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features Elevator
Heating Type Radiant
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description WATER, MOUNTAINS, CITY
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $599,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 574
Year Built 2010
Age Of Building 16
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Sauna/Steam Room, Trash, Maintenance Grounds, Gas, Management, Sewer, Snow Removal
Building Name Compass At The Village On False Creek
Ownership Type Freehold Strata
Maintenance Fee $579.86
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Sauna/Steam Room, Trash, Maintenance Grounds, Gas, Management, Sewer, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Lane Access, Rear Access, Concrete
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Units In Development 63

Lot & Land

MLS® # R3116392
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Y 0E2
Gross Taxes $1,939.56
Zoning CD-1

Property Timeline

Status Date Price
R3116392 / Active 04-27-2026 $599,900
Rooms
Floor Type Dimensions
Main Level Living Room 9'11 x 9'11 ft
Main Level Dining Room 9'11 x 9'11 ft
Main Level Kitchen 10'2 x 10'2 ft
Main Level Primary Bedroom 9'6 x 9'6 ft
Main Level Walk-In Closet 7'2 x 7'2 ft
Main Level Foyer 9'9 x 9'9 ft
Main Level Patio 14'2 x 14'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #5

Listed by: eXp 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
Simon Fraser Elementary School
Average
1.47 km
5.9/10

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

Private Schools

Elementary
The Westside School
0.92 km
Secondary
Columbia College
0.87 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Manitoba St
0.12 km
Skytrain
Skytrain @ Main Street Stn
0.57 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 704 123 W 1st Avenue

Pre-computed routes from 704 123 W 1st Ave, Vancouver, BC (Server-rendered · Indexed by Google)

By transit (Skytrain)

  • Downtown Vancouver via Main Street → Waterfront
    16 min
  • Metrotown, Burnaby via Main Street → Metrotown
    22 min
  • SFU Burnaby via Main Street → Production Way
    29 min
  • Richmond Centre via Main Street → Brighouse
    41 min
  • YVR Airport via Main Street → YVR-Airport
    42 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
    12 min

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

704 123 W 1st Ave, Vancouver, BC is ideally located for commuters. The property is 0.6 km from Main Street, with a 16 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 2nd Ave @ Manitoba St (0.12 km).

BC Assessment Value — 704 123 W 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 028-232-461).
Total Assessed Value (2026)
$592,000
-4.8% YoY
-1.1%/yr over 4 yr
2022 Value Trend 2026
Land
$420,000
Buildings
$172,000
Year Built
2009
Class
Comprehensive Development
Zoning
CD-1 (454)
Property Tax
$1,991
Year Land Improvements Total Assessed YOY Change
2026 $420,000 $172,000 $592,000
-4.8%
2025 $441,000 $181,000 $622,000
-3.1%
2024 $455,000 $187,000 $642,000
-1.2%
2023 $461,000 $189,000 $650,000
+5.2%
2022 $429,000 $189,000 $618,000

Mortgage Calculator for 704 123 W 1st Avenue

/month
Principal & Interest
Property Taxes $162
Maintenance fee 579.86
Based on a 30-year fixed at 4% interest with 20% down ($119,980), the estimated monthly payment for this listing is $3,033/month — $2,291 principal & interest, $162 property tax, $580 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 $2,279/month, this property runs a $813/month shortfall after mortgage and carrying costs. Break-even requires approximately 49% 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 $599,900
Vancouver Loading...
False Creek Loading...

Based on 83 comparable active apartments/condos in False Creek, the average asking price is $664,622. This listing is priced 9.7% 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $4,474
0 of 17 missions

Sign up on Estateblock.com

$224 / 5%

Buy with us & save on this property

Similar Condos for Sale in False Creek

Recently Sold Homes Near 704 123 W 1st Avenue