405 1502 Island Park Walk — Vancouver West


$ 798,000 FOR SALE MLS# R3179770
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Experience the best of waterfront living in this beautifully renovated top-floor penthouse overlooking the tranquil lagoons of False Creek. This spacious 1 bdrm home, feat. beautifully updated spa-like bathrm offers an oversized, flexible layout, w/sweeping SW-facing views of the marina, N Shore Mountains & city skyline. Floor-to-ceiling windows & solarium-style skylights fill the space w/natural light. Private 64 sq.ft. balcony creates a welcoming retreat. Reno in 2024 this home combines character, style & charm w/an exceptional setting. Step outside to the Seawall, cafés, restaurants, theatres & Granville Island. Includes 1 parking stall & a storage locker. Desirable, well-maintained complex. COV lease until 2046, with option to extend to 2066. Enjoy a truly special waterfront lifestyle.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area954 sqft
Property TypeResidential – Apartment/Condo
MLS® R3179770
StatusActive
Listing BrokerRE/MAX Select Properties

Property History

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

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Market Overview

False Creek · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos108
Median Asking Price $ 833,000 $ 798,000
Median Price per SqFt $1,088 $836
Median Days on Market 51
Sold Properties Oct 2026Sep 2026Oct 2025
Condos 14 ▼30.0% 20 20
Median Selling Price $ 925,000 ▲25.2% $ 775,000 $ 738,750
Median Price per SqFt $982 ▼4.2% $1,021 $1,025
Median Days on Market 82026
Median Discount Off Ask 3.3%2.5%2.6%
New Listings 323921
Months of Inventory 6.4

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.