201 141 Water Street — Vancouver West


$ 8,500 FOR RENT MLS# R3018115
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Heritage unit at The Malkin Bldg, 2,785 sq ft, 3 bdrms, 2.5 baths, plus 648 sq ft private deck with views of harbour, Convention Centre, and North Shore mountains. Warehouse conversion with exposed brick, high ceilings, radiant heat and floor to ceiling windows. Huge open living/dining area with gas fireplace and double doors to deck with built-in gas BBQ. Chef’s Downsview kitchen has SubZero, Wolf, Miele appliances, 2 ovens, 2 dishwashers, steam oven, warming drawer, wine fridge, and marble island with seating for 6. Master bdrm fits king bed, custom millwork with desks, spa ensuite with soaker tub, large shower, and walk-in closet. Second bdrm has Murphy bed and gym setup plus den/TV area. Third bdrm fits queen bed and is across from full bath. Vintage cast-iron bar cabinet adds charm.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms2
Living Area2,785 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R3018115
StatusRented
Listing BrokerUnique Accommodations

Property History

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

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Market Overview

Downtown VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos449
Median Asking Price $ 724,000 $ 8,500
Median Price per SqFt $1,017 $3
Median Days on Market 70
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 3 ▼92.5% 37 40
Median Selling Price $ 572,000 ▼16.9% $ 688,000 $ 688,500
Median Price per SqFt $1,006 ▼2.8% $965 $1,035
Median Days on Market 481831
Median Discount Off Ask 7.7%4.5%3.8%
New Listings 1412553
Months of Inventory 10.4

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.

Downtown VW: Number of Sales

Downtown VW: Median Sold Price

Downtown VW: Median Sold Price per SqFt

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