202 525 Wheelhouse Square, Vancouver BC - Apartment/Condo for Sale - MLS# R3129465

$899,000
Est. Mortgage $3,977/mo
Henley Court
2 Beds
2 Baths
1030 sqft
873 $ /sqft
741.61 $ Maint. fee
1990 built
$899,000
Est. $3,977/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 202 525 Wheelhouse Square

Live on the Seawall! First time on the market at "Henley Court", this spacious 2-bedroom, 2-bath home is ideally located on the south side of False Creek, just steps to the Seawall. Perfectly situated within walking distance to Granville Island, local shops, restaurants, and Skytrain, this home offers an exceptional False Creek lifestyle. Set in a quiet, established waterfront community, a functional layout and comfortable living space. Residents enjoy excellent building amenities including a fitness centre, indoor pool, hot tub, sauna, and bike room, all just minutes from Olympic Village and downtown Vancouver.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Heating Type Baseboard
# of Kitchens 1
Flooring Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $899,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1030
Year Built 1990
Age Of Building 36
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name Henley Court
Ownership Type Freehold Strata
Maintenance Fee $741.61
Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Underground, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed
Pet Restrictions No
Rental Suites None

Lot & Land

MLS® # R3129465
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Z 4L8
Gross Taxes $3,180.63
Zoning FCCDD

Property Timeline

Status Date Price
R3129465 / Active 05-28-2026 $899,000
R3056884 / Expired 10-07-2025 $939,900
Rooms
Floor Type Dimensions
Main Level Living Room 13'0 x 13'0 ft
Main Level Dining Room 13'0 x 13'0 ft
Main Level Kitchen 9'8 x 9'8 ft
Main Level Bedroom 16'5 x 16'5 ft
Main Level Bedroom 12'0 x 12'0 ft
Main Level Den 8'6 x 8'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Prompton Real Estate Services Inc. & Prompton Real Estate Services Inc. & Prompton Real Estate Services Inc.

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
False Creek Elementary School
0.76 km
Secondary
Kitsilano Secondary School
3.55 km

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

Private Schools

Elementary
The Westside School
0.96 km
Secondary
St. John's International
0.71 km

Closest Transit

Bus Stop
Olympic Village Station @ Bay 2
0.33 km
Skytrain
Skytrain @ Olympic Village Stn
0.30 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
51.2%
No Certificate/Degree
Below Average
4.9%
Owner Occupied
Below Average
44.8%
Employment Rate
Below Average
43.7%

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

50 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $899,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.30 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
42 DOM
Listed
False Creek avg
Vancouver avg

202 525 Wheelhouse Square has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in False Creek. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5Z 4L8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Z 4L8, 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 (~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 202 525 Wheelhouse Square

Pre-computed routes from 202 525 Wheelhouse Square, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Olympic Village → Waterfront
    13 min
  • Metrotown, Burnaby via Olympic Village → Metrotown
    31 min
  • SFU Burnaby via Olympic Village → Production Way
    38 min
  • Richmond Centre via Olympic Village → Brighouse
    26 min
  • YVR Airport via Olympic Village → YVR-Airport
    27 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
    11 min

Calculate your commute

202 525 Wheelhouse Square, Vancouver, BC is ideally located for commuters. The property is 0.3 km from Olympic Village, with a 13 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Olympic Village Station @ Bay 2 (0.33 km). Walk Score Transit rating: Rider's Paradise (94/100).

Walkability & Transit Near 202 525 Wheelhouse Square

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 94

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
94

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 202 525 Wheelhouse Square

2026 assessed value, sourced from City of Vancouver open data (PID 016-002-253).
Total Assessed Value (2026)
$1,044,000
+2.4% YoY
+2.3%/yr over 4 yr
2022 Value Trend 2026
Land
$908,000
Buildings
$136,000
Year Built
1990
Class
Comprehensive Development
Zoning
FCCDD
Property Tax
$3,512
Year Land Improvements Total Assessed YOY Change
2026 $908,000 $136,000 $1,044,000
+2.4%
2025 $887,000 $133,000 $1,020,000
+1.1%
2024 $877,000 $132,000 $1,009,000
-3.4%
2023 $909,000 $136,000 $1,045,000
+9.8%
2022 $806,000 $146,000 $952,000

Mortgage Calculator for 202 525 Wheelhouse Square

/month
Principal & Interest
Property Taxes $265
Maintenance fee 741.61
Financing 80% of the $899,000 asking price over 30 years at 4% results in approximately $4,441/month in total estimated carrying costs, $265 property tax, $742 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
This listing generates an estimated $3,074/month in rental income, leaving a -$1,422/month cashflow at current carrying costs. Investors targeting break-even would need roughly 54% 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 $899,000
Vancouver Loading...
False Creek Loading...

Based on 8 comparable active apartments/condos in False Creek, the average asking price is $1,064,667. This listing is priced 15.6% 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 202 525 Wheelhouse Square

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 94

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
94

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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