501 8 Smithe Mews — Vancouver West


$ 1,949,000 FOR SALE MLS# R3138562
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Spectacular unobstructed waterfront views at The Flagship by Concord Pacific! This bright SE-facing corner home features 3 bedrooms, 2 bathrooms, and 2 parking stalls (one with EV charging) . Enjoy panoramic water and city views from the spacious living areas and balcony. Well-designed layout with a luxurious primary suite, two additional bedrooms for added privacy, and a gourmet kitchen with an oversized island, gas cooktop, and Miele/Sub Zero appliances. Stay comfortable year-round with A/C and a gas fireplace. Resort-style amenities at the Esprit Club include an indoor pool, sauna/steam room, gym, bowling alley, party rooms, kayak rentals, guest suite, and concierge service. Pet-friendly building allowing up to 2 dogs and/or cats. OPEN HOUSE 7/26(SUN) 2-4pm
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms2
Living Area1,293 sqft
Property TypeResidential – Apartment/Condo
MLS® R3138562
StatusActive
Listing BrokerOak West Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos218
Median Asking Price $ 1,024,500 $ 1,949,000
Median Price per SqFt $1,121 $1,507
Median Days on Market 56
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼96.9% 2 32
Median Selling Price $ 640,000 ▼39.3% $ 614,000 $ 1,055,000
Median Price per SqFt $961 ▼13.7% $1,050 $1,113
Median Days on Market 537334
Median Discount Off Ask 8.4%4.0%3.5%
New Listings 435911
Months of Inventory 14.9

At the current sales pace, it would take about 15 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.

Yaletown: Number of Sales

Yaletown: Median Sold Price

Yaletown: Median Sold Price per SqFt

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