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
1 event on record for this property

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Market Overview

Coal Harbour · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos96
Median Asking Price $ 1,423,500 $ 1,299,000
Median Price per SqFt $1,280 $1,281
Median Days on Market 57
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼90.9% 3 11
Median Selling Price $ 980,000 ▼24.7% $ 1,130,000 $ 1,300,888
Median Price per SqFt $963 ▼10.5% $1,068 $1,076
Median Days on Market 313810
Median Discount Off Ask 9.3%8.7%2.7%
New Listings 19256
Months of Inventory 18.0

At the current sales pace, it would take about 18 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.