402 568 Waters Edge Cres, West Vancouver BC - Apartment/Condo for Sale - MLS# R2949711

$1,450,000
Est. Mortgage $6,415/mo
Waters Edge
2 Beds
3 Baths
1179 sqft
1230 $ /sqft
871.79 $ Maint. fee
2007 built
9.3% price reduction
$1,450,000
$1,599,000
Est. $6,415/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 402 568 Waters Edge Crescent

9.3% price reduction

Experience elevated living in the heart of West Vancouver at Waters Edge. This exquisite 2-bedroom + office suite, designed by renowned architect Robert Stern, combines sophistication and comfort. Filled with natural light through expansive windows, the home boasts stunning herringbone and tile flooring, a chef-inspired kitchen with granite countertops, premium stainless steel appliances, and 2.5 luxurious baths, including a spa-like primary ensuite. Relax by the cozy fireplace or unwind on the sunny balcony. The building offers a wealth of amenities, including a storage locker, concierge services, a fully-equipped exercise room, and steam rooms and saunas. Perfectly located, you’re just a scenic stroll away from the river’s edge, the Sea Wall, Park Royal shopping, and convenient transit .

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Fireplace 1
Heating Type Heat Pump
Cooling Central Air
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Concrete
Structures Multi Family, Residential Attached

Building Details

Price $1,450,000
Total Bedrooms 2
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1179
Year Built 2007
Age Of Building 19
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Sauna/Steam Room, Concierge, Maintenance Grounds, Management, Other
Building Name Waters Edge
Ownership Type Freehold Strata
Maintenance Fee $871.79
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Concierge, Maintenance Grounds, Management, Other
Utility Type Electricity Connected, Water Connected
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions

Lot & Land

Lot Size Depth Feet
MLS® # R2949711
Area West Vancouver
Neighbourhood Park Royal
City West Vancouver
Postal Code V7T 0A2
Gross Taxes $3,932.71
Zoning CD39

Property Timeline

Status Date Price
R2949711 / Active 12-05-2024 $1,450,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'0 x 14'0 ft
Main Level Dining Room 6'9 x 6'9 ft
Main Level Kitchen 9'3 x 9'3 ft
Main Level Primary Bedroom 13'4 x 13'4 ft
Main Level Bedroom 9'6 x 9'6 ft
Main Level Office 10'8 x 10'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #4
Main Level Yes #5

Listed by: Royal LePage Sussex

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

Private Schools

Elementary
St. Anthony's
Above Average
0.36 km
9.5/10
Secondary
St.Thomas Aquinas School
2.29 km

Closest Transit

Bus Stop
Westbound Marine Dr @ Capilano River
0.2 km
Skytrain
Seabus Station @ Lonsdale Quay
4.03 km

Crime Rate

Total Crime Rate
Low
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
38.6%
No Certificate/Degree
Below Average
7.8%
Owner Occupied
Below Average
39.4%
Employment Rate
Below Average
53.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

42 / 100
Overall sell-speed score
May take longer
B
Price competition grade
Avg comparable: $1,409,980
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.03 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PARK ROYAL compares
This property
581 DOM
Slower than area
Park Royal avg
32 DOM
Average
West Vancouver avg
32 DOM
Faster market

402 568 Waters Edge Crescent has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 2.8% above comparable active properties in Park Royal. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.9% and an area average of 32 days on market — buyers have more leverage. With only 76 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V7T 0A2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7T 0A2, 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 A / Excellent

Annual avg PM2.5 3.9 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Vancouver Mahon Park, North Vancouver (~3.6 km). Annual avg AQHI 2.1 — Low Risk.

Heat Low

West 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 402 568 Waters Edge Crescent

Walkability & Transit Near 402 568 Waters Edge Crescent

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 64

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
65

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 402 568 Waters Edge Crescent

/month
Principal & Interest
Property Taxes $328
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $6,738/month in total housing costs on this $1,450,000 property — $5,538 mortgage payment, $328 property tax, $872 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 $4,173/month estimated rent and $6,800/month in total housing costs, this property has a -$2,626/month cashflow. Break-even down payment: approximately 58%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Park Royal, West Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,450,000
West Vancouver Loading...
Park Royal Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in West Vancouver, similar apartments/condos average $1,049,500 across 2 active listings — this listing is 38.2% above the West Vancouver average. This property is flagged as a Hot Deal (9.3% 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 402 568 Waters Edge Crescent

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 64

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
65

Bike Score - Bikeable

Some bike infrastructure

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