505 1201 Marinaside Crescent — Vancouver West


$ 1,549,800 FOR SALE MLS# R3155615
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Rarely available at The Peninsula, this beautifully renovated 1,237sf waterfront residence offers exceptional space, light & unobstructed False Creek views from every window. Thoughtfully renovated by PCL Construction with timeless, high-end finishes, the flexible plan features 2 bedrms, 2 bathrms and 2 additional water-view spaces ideal as offices, den, breakfast room or 3rd bedrm. Expansive windows & private balcony bring the marina to your doorstep. Steps from the seawall, parks, Roundhouse, shops, dining, cafes, Canada Line & Yaletown’s best attractions. Enjoy the 24-hr concierge, indoor pool, hot tub, sauna & gym. Exceptionally spacious, beautifully maintained & move-in ready - a front-row seat to one of Vancouver’s most coveted waterfront settings. Open Cancelled Aug 22nd.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms2
Bathrooms2
Living Area1,237 sqft
Property TypeResidential – Apartment/Condo
MLS® R3155615
StatusActive
Listing BrokerMacdonald Realty

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

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos218
Median Asking Price $ 1,024,500 $ 1,549,800
Median Price per SqFt $1,121 $1,253
Median Days on Market 56
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼96.9% 2 32
Median Selling Price $ 640,000 ▼39.3% $ 614,000 $ 1,055,000
Median Price per SqFt $961 ▼13.7% $1,050 $1,113
Median Days on Market 537334
Median Discount Off Ask 8.4%4.0%3.5%
New Listings 435911
Months of Inventory 14.9

At the current sales pace, it would take about 15 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.

Yaletown: Number of Sales

Yaletown: Median Sold Price

Yaletown: Median Sold Price per SqFt

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