Ph701 36 Water Street — Vancouver West


$ 2,950,000 FOR SALE MLS# R2895923
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Perched atop the historic Terminus Building, the penthouse at 36 Water offers a living experience defined by sophistication and style. Designed by the renowned Acton Ostry Architects, this two-bedroom, two-bath home spans over 1,620 square feet, complemented by a 1,087-square-foot private rooftop with panoramic views of the water, city, and mountains. The chef’s kitchen, anchored by a Boffi island, features stainless steel counters and bespoke millwork that blend function with artistry. Modern amenities include Crestron home automation, geothermal heating/cooling, two parking spaces, and a storage locker. Named Home of the Year by Western Living, this penthouse now stands ready for its next discerning owner, offering a rare blend of architectural significance and contemporary comfort.
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Property Details

Bedrooms2
Bathrooms2
Living Area1,620 sqft
Property TypeResidential – Apartment/Condo
StylePenthouse
MLS® R2895923
StatusTerminated
Listing BrokerRennie & Associates Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Downtown VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos1174
Median Asking Price $ 789,900 $ 2,950,000
Median Price per SqFt $1,111 $1,821
Median Days on Market 679
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 2 ▼97.0% 6 66
Median Selling Price $ 967,500 ▲46.0% $ 563,500 $ 662,500
Median Price per SqFt $1,117 ▲10.9% $893 $1,007
Median Days on Market 302639
Median Discount Off Ask 3.9%3.1%4.7%
New Listings 1186317
Months of Inventory 48.2

At the current sales pace, it would take about 48 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Downtown VW: Number of Sales

Downtown VW: Median Sold Price

Downtown VW: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Downtown VW. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.