62 W 1st Ave, Vancouver BC - Townhouse for Sale - MLS# R3090899

$799,000
Est. Mortgage $3,535/mo
The One
1 Beds
2 Baths
748 sqft
1068 $ /sqft
602.41 $ Maint. fee
2016 built
9.1% price reduction
$799,000
$879,000
Est. $3,535/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

Photos

Property Details for 62 W 1st Avenue

9.1% price reduction

Experience elevated living at The One in the heart of Olympic Village. This exceptional 1 Bed + Den, 2 Bath, corner unit walk-up townhome blends style and comfort with air conditioning, quartz countertops, gas cooktop, and premium Fisher & Paykel/Bosch appliances. Floor-to-ceiling windows fill the open-concept layout with natural light, while the spacious bedroom and versatile den create the perfect home office or guest space. Step out to your private patio and enjoy the vibrant urban energy. Residents enjoy luxury amenities including a fitness centre, rooftop infinity pool and hot tub, party lounge, and serene gardens. Heat and A/C included. Just steps to the Seawall, SkyTrain, shops, and top dining. Book your showings now!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Baseboard, Electric
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 0
Flooring Laminate, Carpet
Foundation Concrete Perimeter

Exterior Features

Roof Other, Torch-On
Structures Residential Attached

Building Details

Price $799,000
Total Bedrooms 1
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 748
Year Built 2016
Age Of Building 10
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Bike Room, Clubhouse, Caretaker, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Building Name The One
Ownership Type Freehold Strata
Maintenance Fee $602.41
Community Features Restaurant, Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Caretaker, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Units In Development 91

Lot & Land

MLS® # R3090899
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Y 0K4
Gross Taxes $2,712.89
Zoning CD-1

Property Timeline

Status Date Price
R3090899 / Active 02-17-2026 $799,000
R2790061 / Sold 10-02-2023 $848,800
Rooms
Floor Type Dimensions
Main Level Foyer 5'2 x 5'2 ft
Main Level Living Room 7'11 x 7'11 ft
Main Level Dining Room 9'9 x 9'9 ft
Main Level Den 5'11 x 5'11 ft
Main Level Laundry 2'8 x 2'8 ft
Above Level Primary Bedroom 9'10 x 9'10 ft
Above Level Walk-In Closet 7'10 x 7'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #4

Listed by: eXp Realty & eXp 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
1.45 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
0.84 km
Secondary
Columbia College
0.75 km

Closest Transit

Bus Stop
Eastbound E 2nd Ave @ Ontario St
0.13 km
Skytrain
Skytrain @ Main Street Stn
0.49 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
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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.49 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
143 DOM
Listed
False Creek avg
Vancouver avg

62 W 1st Avenue has a sell-speed score of 56/100, 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.

Climate Risk for V5Y 0K4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Y 0K4, 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 62 W 1st Avenue

Pre-computed routes from 62 W 1st Ave, Vancouver, BC

By transit (Skytrain)

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

Calculate your commute

62 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 (0.13 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 62 W 1st Avenue

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 62 W 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 029-700-558).
Total Assessed Value (2026)
$833,000
-4.3% YoY
-1.1%/yr over 4 yr
2022 Value Trend 2026
Land
$578,000
Buildings
$255,000
Year Built
2015
Class
Comprehensive Development
Zoning
CD-1 (464)
Property Tax
$2,802
Year Land Improvements Total Assessed YOY Change
2026 $578,000 $255,000 $833,000
-4.3%
2025 $604,000 $266,000 $870,000
-0.9%
2024 $609,000 $269,000 $878,000
-0.7%
2023 $613,000 $271,000 $884,000
+1.5%
2022 $573,000 $298,000 $871,000

Mortgage Calculator for 62 W 1st Avenue

/month
Principal & Interest
Property Taxes $226
Maintenance fee 602.41
With a 20% down payment, buyers can expect an estimated $3,880/month in total housing costs on this $799,000 property — $3,052 mortgage payment, $226 property tax, $602 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
Based on $2,732/month estimated rent and $3,930/month in total housing costs, this property has a -$1,198/month cashflow. Break-even down payment: approximately 52%.
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 $799,000
Vancouver Loading...
False Creek Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar townhouses average $679,333 across 9 active listings — this listing is 17.6% above the Vancouver average. This property is flagged as a Hot Deal (9.1% price reduction) based on its competitive pricing and market demand.

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 62 W 1st Avenue

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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