201 533 Waters Edge Crescent — West Vancouver


$ 1,537,000 FOR SALE MLS# R2900601
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These brownstone vibe buildings designed by Robert Stern, pepper the banks of the Capilano River & sit on the original site of the great Park Royal Hotel. Built at a time when developers could afford to add the appropriate quality & finishings to make the transition from a single-family home to an apartment more appealing. This 2 bed/2 bath home sits on the S.W. corner, taking full advantage of both winter & summer sun. This really has all the indoor & outdoor space required to live a very special life. Not just parking, but your very own private double car garage is part of the package. Concierge services help residents feel secure & comfortable and may offer assistance in times of emergency. So seriously...why not be part of a poignant love story at the Water's Edge!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms2
Bathrooms2
Living Area1,095 sqft
Property TypeResidential – Apartment/Condo
MLS® R2900601
StatusExpired
Listing BrokerRoyal LePage Sussex

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

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Market Overview

Park Royal · West Vancouver · Condos

Active PropertiesAll ActiveThis Property
Condos31
Median Asking Price $ 1,368,000 $ 1,537,000
Median Price per SqFt $1,328 $1,404
Median Days on Market 97
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 1 ▼66.7% 0 3
Median Selling Price $ 960,000 ▼36.3% $ 1,507,500
Median Price per SqFt $720 ▼46.2% $1,338
Median Days on Market 4069
Median Discount Off Ask 3.9%2.0%
New Listings 025
Months of Inventory 20.7

At the current sales pace, it would take about 21 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.

Park Royal: Number of Sales

Park Royal: Median Sold Price

Park Royal: Median Sold Price per SqFt

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