1402 181 W 1st Avenue — Vancouver West


$ 3,198,000 FOR SALE MLS# R3111421
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PRICE REDUCED! This nearly 1,900sqft penthouse offers 3 bedrooms plus a den and unobstructed views of False Creek, the city skyline, and the North Shore mountains. Designed for everyday living and entertaining, the home features a spacious open plan with a large kitchen equipped with Sub Zero and Miele appliances, generous storage, and seamless flow to the outdoors. Above, a private rooftop terrace of over 1,000 sqft offers a true extension of the home with space for dining, relaxing, and gardening, plus a separate service entrance for maintenance. Radiant heating and cooling, 2 parking stalls, and an oversized storage locker complete the home. Concierge and Gold Medal Club access included. Olympic Village offers lifestyle: nature, coffee, dining, shops and more. Come be a part of it!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms3
Living Area1,891 sqft
Property TypeResidential – Apartment/Condo
StylePenthouse
MLS® R3111421
StatusActive
Listing BrokerHeller Murch Realty

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
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
5 events 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 $ 3,198,000
Median Price per SqFt $1,116 $1,691
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.