1005 1661 Ontario St, Vancouver BC - Apartment/Condo for Sale - MLS# R3099263

$988,000
Est. Mortgage $4,371/mo
1 Beds
1 Baths
831 sqft
1189 $ /sqft
650 $ Maint. fee
2010 built
$988,000
Est. $4,371/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 1005 1661 Ontario Street

Welcome to Sails at the Village on False Creek, located in one of Vancouver's most vibrant waterfront communities with everything at your doorstep. This bright and spacious 831 sq ft 1 bedroom + solarium den + flex offers an open-concept layout with over-height ceilings and a gourmet kitchen featuring Miele and Sub-Zero appliances. The solarium is perfect for a home office while the flex space provides extra storage. Enjoy excellent building amenities including a fitness centre, lounge and garden, plus access to the Gold Medal Club with pool, hot tub, sauna and steam room. Steps to groceries, restaurants, Creekside Community Centre, the seawall, Aquabus and SkyTrain. Includes 1 parking and 1 storage locker.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Range Top
Interior Features Elevator
Heating Type Geothermal, Radiant
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description City & Greenway
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $988,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 831
Year Built 2010
Age Of Building 16
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Trash, Maintenance Grounds, Management
Ownership Type Freehold Strata
Maintenance Fee $650
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Trash, Maintenance Grounds, Management
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Community
Parking Type Underground, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes
Rental Restrictions 100
Rental Suites None
Units In Development 114

Lot & Land

Lot Size Depth Feet
MLS® # R3099263
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Y 0C3
Gross Taxes $2,925.37
Zoning CD1

Property Timeline

Status Date Price
R3099263 / Active 03-10-2026 $988,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'11 x 13'11 ft
Main Level Kitchen 10'2 x 10'2 ft
Main Level Dining Room 10'3 x 10'3 ft
Main Level Primary Bedroom 10'9 x 10'9 ft
Main Level Flex Room 6'8 x 6'8 ft
Main Level Den 10'3 x 10'3 ft
Main Level Foyer 6'3 x 6'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5

Listed by: Sutton Group-West Coast Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Simon Fraser Elementary School
Average
1.51 km
5.9/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis Xavier
Above Average
0.84 km
9.8/10
Secondary
Columbia College
0.72 km

Closest Transit

Bus Stop
Eastbound E 2nd Ave @ Ontario St
0.17 km
Skytrain
Skytrain @ Main Street Stn
0.43 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
58.9%
No Certificate/Degree
Below Average
2.8%
Owner Occupied
Average
72.3%
Employment Rate
Below Average
33%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

42 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $849,878
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.43 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How FALSE CREEK compares
This property
121 DOM
Listed
False Creek avg
Vancouver avg

1005 1661 Ontario Street has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 14% above comparable active properties in False Creek. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5Y 0C3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 0C3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.3 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1005 1661 Ontario Street

Pre-computed routes from 1005 1661 Ontario St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Main Street → Waterfront
    14 min
  • Metrotown, Burnaby via Main Street → Metrotown
    20 min
  • SFU Burnaby via Main Street → Production Way
    27 min
  • Richmond Centre via Main Street → Brighouse
    39 min
  • YVR Airport via Main Street → YVR-Airport
    40 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    2 min
  • Metrotown, Burnaby via Lougheed Hwy
    11 min
  • SFU Burnaby via Gaglardi Way
    16 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

1005 1661 Ontario St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Main Street, with a 14 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 2nd Ave @ Ontario St (0.17 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 1005 1661 Ontario Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 1005 1661 Ontario Street

2026 assessed value, sourced from City of Vancouver open data (PID 028-236-211).
Total Assessed Value (2026)
$897,000
-4.4% YoY
+0.2%/yr over 4 yr
2022 Value Trend 2026
Land
$627,000
Buildings
$270,000
Year Built
2009
Class
Comprehensive Development
Zoning
CD-1 (454)
Property Tax
$3,018
Year Land Improvements Total Assessed YOY Change
2026 $627,000 $270,000 $897,000
-4.4%
2025 $656,000 $282,000 $938,000
-0.1%
2024 $656,000 $283,000 $939,000
-5.2%
2023 $693,000 $298,000 $991,000
+11.5%
2022 $620,000 $269,000 $889,000

Mortgage Calculator for 1005 1661 Ontario Street

/month
Principal & Interest
Property Taxes $244
Maintenance fee 0
A 20% down payment of $197,600 on this $988,000 listing yields an estimated mortgage of $3,773/month (30-year fixed, 4%). Total estimated housing cost: $4,667/month, $244 property tax, $650 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $3,378/month in estimated rental income against $4,729/month in mortgage payments, the monthly cashflow is -$1,351/month. A 49% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — False Creek, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $988,000
Vancouver Loading...
False Creek Loading...

Based on 5 comparable active apartments/condos in False Creek, the average asking price is $916,163. This listing is priced 7.8% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1005 1661 Ontario Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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