2605 1166 Melville Street — Vancouver West


$ 1,299,000 FOR SALE MLS# R3154732
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SHORT-TERM RENTALS/AIRB PERMITTED! Exceptional investment opportunity at Orca Place in prestigious Coal Harbour! Situated in the heart of Downtown Vancouver, this prime location benefits from strong demand for short-term accommodations. This spacious 1,014 sq.ft. south-facing corner home features 2 bedrooms, 2 bathrooms + solarium, 9' ceilings, an efficient layout & expansive windows providing abundant natural light. Well-maintained building with 3 elevators, meeting room, exercise centre, whirlpool & sauna. 1 parking stall + 1 storage locker included. Just steps from the Seawall, Stanley Park, Harbour Green Park, Robson St, restaurants, Pacific Centre, Vancouver Convention Centre & SkyTrain. An exceptional downtown residence or income-generating investment opportunity!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms2
Living Area1,014 sqft
Property TypeResidential – Apartment/Condo
MLS® R3154732
StatusActive
Listing BrokerSutton Group - Vancouver First Realty

Property History

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

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Market Overview

Coal Harbour · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos109
Median Asking Price $ 1,398,000 $ 1,299,000
Median Price per SqFt $1,270 $1,281
Median Days on Market 74
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 2 ▼71.4% 10 7
Median Selling Price $ 1,597,500 ▲42.6% $ 2,225,000 $ 1,120,000
Median Price per SqFt $1,202 ▲5.6% $1,165 $1,138
Median Days on Market 343125
Median Discount Off Ask 11.3%5.3%2.5%
New Listings 22714
Months of Inventory 9.1

At the current sales pace, it would take about 9 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.

Coal Harbour: Number of Sales

Coal Harbour: Median Sold Price

Coal Harbour: Median Sold Price per SqFt

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