Property Type: TownhouseOwnership: Strata

1596 ISLAND PARK WALK

Vancouver, BC V6J0G9

$2,088,000

3 bed3 bath3 parking2,268 sqftBuilt 1989
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$1,307/mo
Annual property tax
$6,865.41 (2024)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront

Parking

Total spaces
3 — covered indicated
Features
Garage, Underground

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3130403
Listed
June 1, 2026
Time on market
On the market for 91 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.

Description

Discover the luxury of waterfront living in The Lagoons at Granville Island! Gorgeous Ocean/City/Mountain views from all principal rooms. This beautifully maintained home offers 2268sqft, as well as 5 balconies/decks with spectacular views from every vantage point. Architectural intrigue combined with abundant natural light pours into each spacious room, making it perfect for reading or entertaining. The striking master suite soars with a vaulted ceiling, walk-through closet and large ensuite. The second bedroom has a walk-in closet, ensuite and lovely false creek water views. The huge rec room can also serve as a third bedroom or home office. Parking for 3 vehicles. Pets are welcome. A truly special home! (id:63159)

Values & Trends

This listing

$921/sqft

Building average

No other active listings in this building

Vancouver average

$1,063/sqft

422 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Townhouse Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$1,197,900

Jul 2026

Average Sale Price

$1,194,276

Jul 2026

Monthly Sales

73

Jul 2026

Active Listings

492

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

15 days

Jul 2026

MLS® HPI Benchmark Price

$1,371,500
$1,178,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

67

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Henry Hudson ElementaryElementary684 m
Vancouver Alternate SchoolSecondary861 m
Anchor Point Montessori(Independent)Elementary929 m
False Creek ElementaryElementary1.0 km
Lord Tennyson ElementaryElementary1.2 km
St Augustine's(Independent)Elementary1.2 km
Elsie Roy ElementaryElementary1.3 km
Madrona School(Independent)Elementary/Middle1.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound W 2nd Ave @ Fir St158 m
Eastbound W 2nd Ave @ Anderson St201 m
Southbound Fir St @ W 2nd Ave204 m
Westbound W 2nd Ave @ Anderson St207 m
Northbound Fir St @ W 4th Ave319 m

Nearby Places

Restaurants (5+)

  • Sushi Hanabi · 1542 West 2nd Avenue166 m
  • ELLIPSIS188 m
  • Apollinia · 1830 Fir Street196 m
  • Cofu Pressed Sushi · 1833 Anderson Street199 m
  • Afghan Horsemen Restaurant · Anderson Street204 m

Cafes (5+)

  • That's It Cafe · 1612 West 1st Avenue139 m
  • Oidé Coffee · 1548 West 2nd Avenue168 m
  • The Corner Store Cafe · Anderson Street188 m
  • Café Prado · 1809 Fir Street204 m
  • My Island Cafe · 1550 Anderson Street256 m

Grocery (1)

  • No Frills · 1688 West 4th Avenue426 m

Parks (5+)

  • Unnamed128 m
  • Sutcliffe Park409 m
  • Unnamed414 m
  • Granville Loop Park454 m
  • Seaforth Peace Park455 m

Shopping (1)

  • Kids Market · 1496 Cartwright Street284 m

Gyms (5+)

  • False Creek Community Fitness Centre439 m
  • Ron Zalko Fitness & Yoga · 1807 West 1st Avenue506 m
  • Space & Soul · 1644 West 6th Avenue582 m
  • Pure Barre · 1907 West 4th Avenue698 m
  • Yyoga707 m

Pharmacies (1)

  • London Drugs · 1431 Continental Street771 m

Banks & ATMs (5+)

  • CIBC262 m
  • RBC346 m
  • Vancity347 m
  • Instacoin ATM485 m
  • TD701 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($417,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,670,400.00
Periodic payment — Principal & Interest (monthly)$10,776.85
Additional monthly expenses (strata, tax, utilities, etc.)$1,991.86
Total monthly cost$12,768.71
Interest paid over 5-yr term$478,741.44
Balance at end of term$1,502,530.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$417,600
Stress test qualifying rate8.09%
Payment you must qualify for$12,844.79

Cash Needed at Closing

Minimum down payment$417,600
Estimated BC PTT$40,640
Legal / closing costs (typical estimate)$1,500
Total cash needed$459,740

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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