Rare opportunity in Olympic Village-modern townhome under $1M with 2 secure parking and EV charging. Vibrant walkable location just steps to the Seawall, downtown, restaurants, breweries, parks & transit...ideal for car free living or a refined pied-a-terre. Thoughtfully designed with soaring 16' ceilings, extra insuite storage + locker, hardwood floors, gas range, insuite laundry, heat pump for A/C and heating, built-in work station/desk, plus separate versatile den/flex space. Pet friendly, no weight restriction, rooftop lounge/kitchen and garden, fully equipped gym, sauna & steam. Move in ready in one of Vancouver's most dynamic neighbourhoods! Lowest $psf for a townhouse/apartment in Olympic Village. Loft style townhouse...all the perks and non of the hassle! Open Fathers Day Sun 1-3
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Dishwasher, Refrigerator, Microwave, Oven, Range Top |
| Interior Features | Elevator, Storage, Vaulted Ceiling(s) |
| Heating Type | Heat Pump, Natural Gas |
| Cooling | Air Conditioning |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Hardwood |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden |
|---|---|
| View Description | MOUNTAIN, CITY |
| Roof | Other |
| Structures | Residential Attached |
| Price | $896,000 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 854 |
| Year Built | 2012 |
| Age Of Building | 14 |
| Building Type | Townhouse |
| Property Type | Residential |
| Stories | 2 |
| Building Amenities | Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water |
| Building Name | James |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $655.69 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Gas, Hot Water, Management, Recreation Facilities, 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, Guest, Lane Access, Garage Door Opener |
| Total Parking Spaces | 2 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allwd w/Restrctns |
| Pet Restrictions | Cats OK, Dogs OK, Yes With Restrictions |
| Rental Suites | None |
| Lot Size Depth | Feet |
|---|---|
| MLS® # | R3108434 |
| Area | Vancouver West |
| Neighbourhood | False Creek |
| City | Vancouver |
| Postal Code | V5Y 3T2 |
| Gross Taxes | $3,083.98 |
| Zoning | CD-1 |
| Status | Date | Price |
|---|---|---|
| R3108434 / Active | 04-02-2026 | $896,000 |
| R3084956 / Terminated | 01-29-2026 | $905,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'2 x 12'2 ft |
| Main Level | Dining Room | 7'8 x 7'8 ft |
| Main Level | Kitchen | 9'0 x 9'0 ft |
| Above Level | Primary Bedroom | 9'6 x 9'6 ft |
| Below | Flex Room | 7'9 x 7'9 ft |
| Below | Laundry | 2'6 x 2'6 ft |
| Below | Storage | 2'9 x 2'9 ft |
| Above Level | Walk-In Closet | 4' x 4' ft |
| Main Level | Patio | 4'5 x 4'5 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Below | No | #4 |
Listed by: Royal LePage Westside & Royal LePage Westside
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
296 W 1st Avenue 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.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 3T2, 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 (~2.7 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 |
|---|---|---|---|---|---|
| Schools Near 296 W 1st Avenue | |||||
Calculate your commute
296 W 1st Ave, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Olympic Village, with a 14 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound W 2nd Ave @ Crowe St (0.1 km). Walk Score Transit rating: Rider's Paradise (96/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $655,000 | $253,000 | $908,000 |
-8.2%
|
| 2025 | $713,000 | $276,000 | $989,000 |
+1.0%
|
| 2024 | $706,000 | $273,000 | $979,000 |
-1.7%
|
| 2023 | $718,000 | $278,000 | $996,000 |
+10.7%
|
| 2022 | $647,000 | $253,000 | $900,000 | — |
Based on 2 comparable active townhouses in False Creek, the average asking price is $945,500. This listing is priced 5.2% below the neighbourhood average.
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