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PENTHOUSE living. The crown jewel of Proximity in Olympic Village — a 2 bed, 2 bath, 2,039 sq ft custom-designed by Falken Reynolds Interiors. The chef's kitchen stuns with Thermador appliances, an oversized island & generous storage. Entertain inside or flow effortlessly to two outdoor spaces: a full outdoor living & dining terrace or a ROOFTOP private patio. Over 1,200 sq ft of outdoor living. Both bedrooms have city views with ensuites; the primary boasts dual WICs, a double-sink vanity & private balcony. Completing this rare offering: A/C, private rooftop deck, 2-car garage & 2 storage lockers. Steps from the seawall, restaurants, cafés & the vibrant energy of one of Vancouver's most coveted neighbourhoods — this is Olympic Village living at its absolute finest & mins away to Yaletown.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove, Wine Cooler |
| Interior Features | Elevator, Storage |
| Fireplace | 1 |
| Heating Type | Forced Air |
| Cooling | Air Conditioning |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $2,950,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2039 |
| Year Built | 2016 |
| Age Of Building | 10 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Architecture Style | Penthouse |
| Stories | 1 |
| Building Amenities | Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water |
| Building Name | Proximity |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $1,685.3 |
| Amenities Nearby | Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Garage Door Opener |
| Total Parking Spaces | 2 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allowed |
| Pet Restrictions | Yes With Restrictions |
| Units In Development | 68 |
| MLS® # | R3134016 |
|---|---|
| Area | Vancouver East |
| Neighbourhood | Mount Pleasant VE |
| City | Vancouver |
| Postal Code | V5T 0G3 |
| Gross Taxes | $8,211.86 |
| Zoning | CD-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18'3 x 18'3 ft |
| Main Level | Dining Room | 15'1 x 15'1 ft |
| Main Level | Kitchen | 16'10 x 16'10 ft |
| Main Level | Bedroom | 17'1 x 17'1 ft |
| Main Level | Primary Bedroom | 25'4 x 25'4 ft |
| Main Level | Patio | 7'8 x 7'8 ft |
| Main Level | Patio | 19'6 x 19'6 ft |
| Main Level | Patio | 39'11 x 39'11 ft |
| Main Level | Laundry | 9'0 x 9'0 ft |
| Main Level | Foyer | 4'0 x 4'0 ft |
| Main Level | Patio | 33'10 x 33'10 ft |
| Main Level | Walk-In Closet | 7'5 x 7'5 ft |
| Main Level | Walk-In Closet | 7'5 x 7'5 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | Yes | #4 |
Listed by: Rennie & Associates Realty Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
1202 1788 Ontario Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5T 0G3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.2 km). Annual avg AQHI 2.2 — Low Risk.
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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
1202 1788 Ontario St, Vancouver, BC is ideally located for commuters. The property is 0.5 km from Main Street, with a 15 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 2nd Ave @ Ontario St (0.05 km). Walk Score Transit rating: Rider's Paradise (97/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,880,000 | $558,000 | $2,438,000 |
-7.3%
|
| 2025 | $2,029,000 | $602,000 | $2,631,000 |
+4.1%
|
| 2024 | $1,949,000 | $579,000 | $2,528,000 |
-12.8%
|
| 2023 | $2,235,000 | $663,000 | $2,898,000 |
+10.4%
|
| 2022 | $2,086,000 | $539,000 | $2,625,000 | — |
Based on 2 comparable active apartments/condos in Mount Pleasant VE, the average asking price is $2,985,000. This listing is priced 1.2% below the neighbourhood average.
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