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Welcome to The One, a pet-friendly False Creek home steps from the seawall and minutes to downtown. Built by award-winning Pinnacle International, offering light-filled interiors and sweeping views. Enjoy hotel-style amenities including rooftop infinity pool, hot tub, gym and more. Inside features air conditioning, full-size appliances, a gourmet Bosch kitchen with gas cooktop, quartz counters, 9’ ceilings, hardwood floors and an open layout. Spacious living and dining areas are perfect for entertaining, plus a bright den ideal as a home office or flex space. Olympic Village is a vibrant community just steps from restaurants, cafés, shopping, and the SkyTrain. Includes 1 parking stall, a storage locker, bike storage, and EV charging in building. Call to book your private showing today
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Interior Features | Elevator |
| Heating Type | Forced Air |
| Cooling | Central Air |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| View Description | City |
| Structures | Multi Family, Residential Attached |
| Price | $635,000 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 547 |
| Year Built | 2015 |
| Age Of Building | 11 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Clubhouse, Trash, Management, Snow Removal |
| Building Name | The One |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $528.67 |
| Amenities Nearby | Clubhouse, Trash, Management, Snow Removal |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Lane Access |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allwd w/Restrctns |
| Pet Restrictions | Yes With Restrictions |
| Units In Development | 241 |
| MLS® # | R3111192 |
|---|---|
| Area | Vancouver West |
| Neighbourhood | False Creek |
| City | Vancouver |
| Postal Code | V5Y 0K3 |
| Gross Taxes | $2,064.3 |
| Zoning | CD-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'4 x 12'4 ft |
| Main Level | Dining Room | 10'4 x 10'4 ft |
| Main Level | Kitchen | 7'7 x 7'7 ft |
| Main Level | Den | 8'5 x 8'5 ft |
| Main Level | Bedroom | 9'7 x 9'7 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Coldwell Banker Prestige 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.
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
319 38 W 1st Avenue has a sell-speed score of 47/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.5% above 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 0K3, 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 (~2.3 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
319 38 W 1st Ave, 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 (0.12 km). Walk Score Transit rating: Rider's Paradise (99/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $429,000 | $194,000 | $623,000 |
-5.9%
|
| 2025 | $456,000 | $206,000 | $662,000 |
-2.1%
|
| 2024 | $466,000 | $210,000 | $676,000 |
+1.0%
|
| 2023 | $461,000 | $208,000 | $669,000 |
+4.5%
|
| 2022 | $439,000 | $201,000 | $640,000 | — |
Based on 79 comparable active apartments/condos in False Creek, the average asking price is $745,266. This listing is priced 14.8% below the neighbourhood average.
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