401 568 Waters Edge Crescent — West Vancouver


$ 1,698,000 FOR SALE MLS# R3082235
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A rare sub-penthouse at Water’s Edge, this ~1,450 sq. ft. residence is one of the few large-format homes in the building. Offering 2 bedrooms plus a generous den (ideal as a third bedroom), the open-concept layout is enhanced by soaring 12-ft ceilings and floor-to-ceiling windows that flood the home with natural light. Bright south-facing exposure, two spacious decks, and oak herringbone hardwood floors elevate the living experience. Thoughtful features include an oversized laundry room, 2.5 bathrooms, two parking stalls, and one storage locker. Set directly on the Capilano River, enjoy exceptional trail access to Ambleside, Dundarave, and Park Royal, with quick bridge access and downtown connectivity. An exceptional high-end West Vancouver home combining scale, light, and location.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms3
Bathrooms3
Living Area1,437 sqft
Property TypeResidential – Apartment/Condo
MLS® R3082235
StatusTerminated
Listing BrokerStilhavn Real Estate Services

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

Park Royal · West Vancouver · Condos

Active PropertiesAll ActiveThis Property
Condos31
Median Asking Price $ 1,368,000 $ 1,698,000
Median Price per SqFt $1,328 $1,182
Median Days on Market 97
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 1 ▼66.7% 0 3
Median Selling Price $ 960,000 ▼36.3% $ 1,507,500
Median Price per SqFt $720 ▼46.2% $1,338
Median Days on Market 4069
Median Discount Off Ask 3.9%2.0%
New Listings 025
Months of Inventory 20.7

At the current sales pace, it would take about 21 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.

Park Royal: Number of Sales

Park Royal: Median Sold Price

Park Royal: Median Sold Price per SqFt

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