709 1490 Pennyfarthing Drive — Vancouver West


$ 2,499,000 FOR SALE MLS# R3174463
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Rare freehold living at Granville Island. This exceptional 2-bedroom, 2-bathroom subpenthouse offers over 1,600 sq. ft. of refined interiors and nearly 900 sq. ft. of private outdoor space with sweeping city, water and Granville Island views. Reimagined in a $600,000+ renovation by Vancouver design firm Knight Varga, the home showcases rich wood detailing, bespoke millwork and thoughtful finishes. A beautifully appointed kitchen features Gaggenau appliances, integrated drawer freezers and custom-panelled refrigeration. The primary suite includes a custom walk-in closet, steam shower and Japanese soaking tub. A temperature-controlled, walk-in wine cellar accommodates approximately 200 bottles. An extraordinary residence designed for elevated living. Private viewings by appointment.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms2
Living Area1,613 sqft
Property TypeResidential – Apartment/Condo
MLS® R3174463
StatusActive
Listing BrokerCentury 21 In Town Realty

Property History

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

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Market Overview

False Creek · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos100
Median Asking Price $ 833,000 $ 2,499,000
Median Price per SqFt $1,081 $1,549
Median Days on Market 47
Sold Properties Oct 2026Sep 2026Oct 2025
Condos 5 ▼75.0% 20 20
Median Selling Price $ 1,079,000 ▲46.1% $ 775,000 $ 738,750
Median Price per SqFt $1,009 ▼1.6% $1,021 $1,025
Median Days on Market 72026
Median Discount Off Ask 3.4%2.5%2.6%
New Listings 84121
Months of Inventory 5.9

At the current sales pace, it would take about 6 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.

False Creek: Number of Sales

False Creek: Median Sold Price

False Creek: Median Sold Price per SqFt

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