Home > All listings > W 438 1st Avenue

$1,350,000

W 438 1st Avenue

False Creek, Vancouver, BC, V5Y 3S9

2 | 3 | 2 | 1,336 sq.ft. | Year Built: 2012 |

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Stunning 2 bedroom 3 bathroom townhouse in Maynards Block in Olympic Village. Fully updated with hardwood flooring, electric blinds, high-end appliances, steam shower, California Closets with added walk in lighting and glass barn doors and countertops, custom wine cellar/ storage and much more! This building has concierge services, a fabulous gym with a separate yoga room, party room, bike lockers, EV charging stations, and outdoor garden areas! Centrally located with parks, shopping, skytrain and seawall close by! 2 side by side parking spots and 2 storage lockers!

Property Info

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MLS®: R3024426

Listing Courtesy of Engel & Volkers Vancouver

Total Bedrooms 2

Total Bathrooms 3

Floor Space 1336 sq.ft.

Title Type Freehold Strata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type Townhouse

Listed Price $1,350,000

Unit Pricing $1,010/sq.ft.

Strata Fee $795.10

Tax Estimate $3,586/Year

Year Built 2012

Interior Features

Rooms

Main Foyer 9'4 * 8'9

Main Living Room 10'3 * 14'7

Main Dining Room 9'0 * 10'8

Main Kitchen 7'8 * 9'11

Above Den 4'11 * 7'5

Above Primary Bedroom 10'0 * 13'1

Above Walk-In Closet 4'9 * 6'3

Above Bedrooms 9'2 * 10'9

Above Solarium 9'2 * 4'6

More Details

Storey 2

Floor Space Finished 1336.00 sq.ft.

Rules Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Roof XXXXX

Zoning C-3A

Floor Finish XXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXX

Parking Garage Double, Side Access

Parking Cover 2

Parking Total 2

Fuel Heating Baseboard, Electric

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver West
Street Name: 1st
City: Vancouver
State Or Province: BC
Postal Code: V5Y 3S9
Property Type: Residential
Property Sub Type: Townhouse

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2
Bathrooms Half: 1

Interior Features

Flooring: Laminate
Basement: None
Interior Features: Storage

Exterior Features

Exterior Features: Playground
Roof: Other

Property

Utilities

Sewer: Public Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2012
Building Area Total: 1336
Living Area: 1336

Lot Information

Lot Features: Central Location, Marina Nearby, Recreation Nearby
Parcel Number: 028921224

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OPEN HOUSES

2025-07-19 02:00 PM - 03:00 PM

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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