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405 1502 Island Park Walk

False Creek Vancouver V6H 3Z8

$798,000

Residential beds: 1 baths: 1.0 962 sq. ft. built: 1989

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• Details
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Status:

Active

Prop. Type:

Residential

MLS® Num:

R3179770

Bedrooms:

1

Bathrooms:

1

Year Built:

1989

• Photos (30)

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Experience the best of waterfront living in this beautifully renovated top-floor penthouse overlooking the tranquil lagoons of False Creek. Spacious 1 bdrm home, feat. beautifully updated spa-like bathrm (w/option to add sep. shower) offering oversized, flexible layout, w/sweeping SW-facing views of marina, N Shore Mountains & city skyline. Floor-to-ceiling windows & solarium-style skylights fill the space w/natural light. Private 64 sqft balcony creates a welcoming retreat. Reno in 2024 this home combines style & charm w/an exceptional setting. Step outside to the Seawall, cafés, restaurants, theatres & Granville Island. Includes 1 prkg stall & locker. Desirable, well-maintained complex. Pre-paid COV lease until 2046, w/option to extend to 2066. Enjoy a truly special waterfront lifestyle.

General Info:

Property Type:

Residential

Dwelling Type:

Apartment/Condo

Home Style:

One Level

Ownership:

Leasehold prepaid-Strata

Common Interest:

Condominium

Year built:

1989 (Age: 37)

Living Area:

962 sq. ft.89.4 m2

Building Area - Total:

962 sq. ft.89.4 m2

Levels:

One

Bedrooms:

1 (Above Grd: 1)

Bathrooms:

1.0 (Full:1/Half:0)

Num Storeys:

4

Taxes:

$2,633.97 / 2026

Lot Features:

Central Location, Marina Nearby

Outdoor Area:

Balcony

Plan:

VAS2096

Additional Info:

Name of Complex/Subdivision:

The Lagoons

Construction Materials:

Frame Wood, Aluminum Siding

Property Condition:

Renovation Complete

No. Floor Levels:

1.0

Floor Area Fin - Above Main:

0 sq. ft.0 m2

Floor Area Fin - Above Main 2:

0 sq. ft.0 m2

Floor Area Fin - Main:

962 sq. ft.89.4 m2

Floor Area Fin - Total:

962 sq. ft.89.4 m2

Fireplaces:

1

Fireplace Details:

Wood Burning

Parking Features:

Underground, Rear Access

Parking:

Underground

Parking Total/Covered:

1 / 1

Short Term Rent / Lease Description:

No AirBnB

Interior Features:

Elevator

Exterior Features:

Balcony

Amenities:

Elevator

View:

Water, City and Marina

Association Amenities:

Caretaker, Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water

Community Features:

Shopping Nearby

Main Level Bathrooms:

1

Features Included:

Dishwasher, Refrigerator, Elevator

Appliances:

Washer/Dryer, Dishwasher, Refrigerator, Stove

Other Details:

Association Fee:

$667.31

Age Restrictions:

No

Tax Utilities Included:

true

By-Law Restrictions:

Pets Allowed With Restrictions

Pets Allowed:

Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Cats:

Cats OK

Dogs:

Dogs OK

# Units in Development:

89

Home Owners Association:

Yes

Land Info:

Land Lease:

Yes

Utilities:

Electricity Connected, Water Connected

Sewer:

Public Sewer, Sanitary Sewer, Storm Sewer

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Listed by RE/MAX Select Properties

Data was last updated November 3, 2026 at 12:40 AM (UTC)

Area Statistics

Listings on market:

91

Avg list price:

$828,000

Min list price:

$65,000

Max list price:

$5,750,000

Avg days on market:

48

Min days on market:

4

Max days on market:

301

Avg price per sq.ft.:

$1,081.94

These statistics are generated based on the current listing's property type and located in False Creek. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• AMAR SHAN
• SABA REALTY LTD
• 778-881-4600
• amar@shannarealty.com

• DANA BALAN
• SABA REALTY LTD
• 604-727-7206
• danab.homes@gmail.com

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

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Understanding Property Listings & Sold Prices

When comparing Properties for Sale, consider more than the asking price. Property condition, age, renovations, lot size, strata fees and location can all affect value. Reviewing similar Sold Homes can provide a useful benchmark, although differences in features, condition and market timing should also be considered.

Recently Sold Properties and MLS Sold Listings can help buyers identify neighbourhood pricing trends and compare recent transactions with current asking prices. Sold prices reflect completed negotiations, but they don’t necessarily reveal a property’s condition or the terms of the sale.

For guidance on evaluating a property before purchasing, visit our Buying a Home guide.