1201 89 W 2nd Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3128898

$1,049,000
Est. Mortgage $4,641/mo
2 Beds
2 Baths
902 sqft
1163 $ /sqft
658.83 $ Maint. fee
2013 built
$1,049,000
Est. $4,641/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 1201 89 W 2nd Avenue

Corner suite living at its finest. This 12th-floor 2-bed, 2-bath suite offers sweeping north, east, and south exposures over Olympic Village - one of Vancouver's most walkable, design-forward neighbourhoods. Engineered hardwood floors, gas cooktop, stainless appliances, and heat pump climate control throughout. Open balcony. Rooftop garden, gym, and party room. Steps to the Seawall, False Creek, Science World, and direct Canada Line access. 1 parking stall + bike storage included. Measurements approximate, buyer to verify.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Humidifier, Microwave
Heating Type Forced Air, Heat Pump
Cooling Central Air, Air Conditioning
# of Kitchens 1
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,049,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 902
Year Built 2013
Age Of Building 13
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $658.83
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Units In Development 157

Lot & Land

Lot Size Depth Feet
MLS® # R3128898
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Y 0G9
Gross Taxes $3,193.11
Zoning CD-1

Property Timeline

Status Date Price
R3128898 / Active 05-26-2026 $1,049,000
R3104896 / Terminated 03-30-2026 $1,078,000
Rooms
Floor Type Dimensions
Main Level Foyer 3'8 x 3'8 ft
Main Level Kitchen 8'2 x 8'2 ft
Main Level Living Room 13'0 x 13'0 ft
Main Level Dining Room 13'0 x 13'0 ft
Main Level Flex Room 4'0 x 4'0 ft
Main Level Primary Bedroom 10'5 x 10'5 ft
Main Level Bedroom 10'1 x 10'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4

Listed by: Macdonald Realty & Macdonald 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
1.37 km

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

Private Schools

Elementary
St. Francis Xavier
0.87 km
Secondary
St. John's International
0.82 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Manitoba St
0.06 km
Skytrain
Skytrain @ Main Street Stn
0.59 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
Possible
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

60 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $1,229,953
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.59 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How FALSE CREEK compares
This property
45 DOM
Listed
False Creek avg
Vancouver avg

1201 89 W 2nd Avenue has a sell-speed score of 60/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 17.3% below comparable active properties in False Creek, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5Y 0G9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 0G9, 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 1201 89 W 2nd Avenue

Pre-computed routes from 1201 89 W 2nd Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Main Street → Waterfront
    16 min
  • Metrotown, Burnaby via Main Street → Metrotown
    22 min
  • SFU Burnaby via Main Street → Production Way
    29 min
  • Richmond Centre via Main Street → Brighouse
    41 min
  • YVR Airport via Main Street → YVR-Airport
    42 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
    17 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

1201 89 W 2nd Ave, Vancouver, BC is ideally located for commuters. The property is 0.6 km from Main Street, with a 16 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 2nd Ave @ Manitoba St (0.06 km). Walk Score Transit rating: Rider's Paradise (97/100).

Walkability & Transit Near 1201 89 W 2nd Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 97

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 1201 89 W 2nd Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 029-012-309).
Total Assessed Value (2026)
$986,000
-3.7% YoY
-0.9%/yr over 4 yr
2022 Value Trend 2026
Land
$723,000
Buildings
$263,000
Year Built
2013
Class
Comprehensive Development
Zoning
CD-1 (464)
Property Tax
$3,317
Year Land Improvements Total Assessed YOY Change
2026 $723,000 $263,000 $986,000
-3.7%
2025 $751,000 $273,000 $1,024,000
+0.0%
2024 $751,000 $273,000 $1,024,000
-8.8%
2023 $824,000 $299,000 $1,123,000
+9.7%
2022 $732,000 $292,000 $1,024,000

Mortgage Calculator for 1201 89 W 2nd Avenue

/month
Principal & Interest
Property Taxes $266
Maintenance fee 658.83
Based on a 30-year fixed at 4% interest with 20% down ($209,800), the estimated monthly payment for this listing is $4,931/month — $4,006 principal & interest, $266 property tax, $659 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
At an estimated rental income of $2,990/month, this property runs a $1,986/month shortfall after mortgage and carrying costs. Break-even requires approximately 60% down.
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 $1,049,000
Vancouver Loading...
False Creek Loading...

Based on 24 comparable active apartments/condos in False Creek, the average asking price is $1,079,862. This listing is priced 2.9% below 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 1201 89 W 2nd Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 97

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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