Property Type: Condo / ApartmentOwnership: Strata

203 540 WATERS EDGE CRESCENT

West Vancouver, BC V7T0A2

$1,100,000

2 bed2 bath1 parking895 sqftBuilt 2007
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$670/mo
Annual property tax
$2,975.05 (2024)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

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

Listing Information

MLS®
R3129446
Listed
May 28, 2026
Time on market
On the market for 95 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver · Data source: CREA DDF.

Description

Serene 2 bedroom, 2 bath Waters Edge condo with soaring 1O' ceilings and plenty of light. Feel like you've walked into a timelessly elegant building, the likes of which you'd see in New York or London. This concrete low rise is steps to the seawall, Park Royal and the Capilano river trail. Beautifully appointed with hardwood flooring throughout, stone countertops, two patios and plenty of sunshine. Enjoy the amenities of the complex: gym, sauna, library. An excellent price point to get into a two bedroom condo in a concrete building in West Vancouver. By appointment. (id:63159)

Values & Trends

This listing

$1,229/sqft

Building average

No other active listings in this building

West Vancouver average

$1,250/sqft

104 active listing(s)

Parking: 1 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.

Apartment Market Stats — West Vancouver

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

MLS® HPI Benchmark Price

$1,104,000

Jul 2026

Average Sale Price

$1,436,188

Jul 2026

Monthly Sales

16

Jul 2026

Active Listings

138

Jul 2026

Sales-to-Active Ratio

12.0%

Jul 2026

Median Days to Contract

44 days

Jul 2026

MLS® HPI Benchmark Price

$1,351,800
$1,017,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

16°C

Humidity 72%

Wind E calm km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

44,122

(2021 Census)

+3.9% since 2016

Density: 506.1/km²

Dwellings: 18,795

Median household income: $104,000

After-tax: $90,000

Immigrant population: 45.7%

Top countries of origin (% of total population)

  • China12% · 5,295
  • Iran10% · 4,405
  • United Kingdom4.8% · 2,105
  • United States of America2% · 880
  • Korea, South1.1% · 500
  • Hong Kong1.1% · 475
  • Germany1% · 425
  • South Africa, Republic of0.9% · 380

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

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
St. Anthony's(Independent)Elementary450 m
Ecole CedardaleElementary644 m
Westcot ElementaryElementary1.4 km
Hollyburn ElementaryElementary1.5 km
Ridgeview ElementaryElementary1.6 km
Capilano ElementaryElementary1.7 km
Norgate Community ElementaryElementary1.8 km
Sentinel SecondaryElementary2.3 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
Westbound Marine Dr @ Capilano River209 m
Southbound Taylor Way @ Marine Dr213 m
Southbound Lions Gate Bridge Onramp @ Marine Dr285 m
Eastbound Marine Dr Offramp @ Lions Gate Bridge289 m
Southbound Taylor Way @ Keith Rd359 m

Nearby Places

Restaurants (5+)

  • Pizza Rubato237 m
  • Nando's · 722 Main Street325 m
  • The Keg · 110-731 Main Street400 m
  • Hello Nori408 m
  • OPA! of Greece417 m

Cafes (5+)

  • Starbucks324 m
  • Tim Hortons391 m
  • Chatime455 m
  • Sharetea · 792 Main Street547 m
  • Starbucks652 m

Grocery (2)

  • Loblaws487 m
  • Osaka - Park Royal532 m

Parks (2)

  • Klahanie Park326 m
  • Belle Isle Park689 m

Shopping (4)

  • Park Royal North416 m
  • Park Royal Shopping Centre · 2002 Park Royal South458 m
  • Winners480 m
  • Park Royal South492 m

Gyms (1)

  • yyoga373 m

Pharmacies (2)

  • London Drugs529 m
  • Shoppers Drug Mart · 802 Main Street594 m

Banks & ATMs (5+)

  • TD293 m
  • CIBC296 m
  • BMO355 m
  • Scotiabank389 m
  • CIBC526 m

Nearby places data: © OpenStreetMap contributors.

School district: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($85,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$880,000.00
Periodic payment — Principal & Interest (monthly)$5,677.46
Additional monthly expenses (strata, tax, utilities, etc.)$962.91
Total monthly cost$6,640.37
Interest paid over 5-yr term$252,210.53
Balance at end of term$791,562.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$85,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,804.99

Cash Needed at Closing

Minimum down payment$85,000
Estimated BC PTT$20,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,500

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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