507 1189 Melville Street — Vancouver West


$ 799,000 FOR SALE MLS# R3156967
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Welcome home to The Melville in the heart of Coal Harbour. This Junior 2 Bedroom home boasts city and mountain views, full-sized appliances, and an efficient open-concept layout. The den is perfect for WFH, hobbies or a second bedroom. Just steps from the seawall, Stanley Park, marina, and some of Vancouver's best restaurants and cafes. The building offers 24-hour concierge, party room and rare rooftop ammenties that include panoramic views from English Bay to Burrard Inlet, complete w/ fitness centre, sauna, outdoor swimming pool and jacuzzi. 1 secured parking stall and 1 locker included. Pets and rentals allowed. Some photos virtually staged. Open house Sat 2-4pm.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area726 sqft
Property TypeResidential – Apartment/Condo
MLS® R3156967
StatusActive
Listing BrokerEngel & Volkers Vancouver

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

Coal Harbour · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos96
Median Asking Price $ 1,423,500 $ 799,000
Median Price per SqFt $1,280 $1,101
Median Days on Market 57
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼90.9% 3 11
Median Selling Price $ 980,000 ▼24.7% $ 1,130,000 $ 1,300,888
Median Price per SqFt $963 ▼10.5% $1,068 $1,076
Median Days on Market 313810
Median Discount Off Ask 9.3%8.7%2.7%
New Listings 19256
Months of Inventory 18.0

At the current sales pace, it would take about 18 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.

Coal Harbour: Number of Sales

Coal Harbour: Median Sold Price

Coal Harbour: Median Sold Price per SqFt

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