404 1562 W 5th Avenue — Vancouver West


$ 799,999 FOR SALE MLS# R3146490
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PATIO! Incredible topfloor home features an expansive private rooftop patio with breathtaking city & mountain views, perfect for entertaining, BBQs, or unwinding after a long day. Inside, you'll find 838 sqft of bright, new floors & fresh paint open-concept living with a gourmet kitchen boasting stainless steel appliances, quartz countertops, & tons of storage. Oversized windows flood the space with natural light, while the cozy fireplace creates the perfect atmosphere. The well-designed layout places the beds on opposite sides for added privacy, with the main bed overlooking the park. Buy with confidence in this fully rain-screened, well-maintained building that allows pets. Just steps to Granville Island, Seawall, W 4th shops & restaurants, transit & everything Kits has to offer!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms2
Bathrooms1
Living Area838 sqft
Property TypeResidential – Apartment/Condo
StylePenthouse
MLS® R3146490
StatusActive
Listing BrokerRoyal LePage Sussex

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

False Creek · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos76
Median Asking Price $ 848,000 $ 799,999
Median Price per SqFt $1,116 $955
Median Days on Market 51
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 0 ▼100.0% 4 18
Median Selling Price ▼100.0% $ 997,500 $ 781,900
Median Price per SqFt ▼100.0% $1,183 $1,106
Median Days on Market 1121
Median Discount Off Ask 3.0%2.8%
New Listings 14227
Months of Inventory 10.1

At the current sales pace, it would take about 10 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.

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.