Property Type: Condo / ApartmentOwnership: Strata

2602 1238 MELVILLE

Vancouver, BC V6E4N2

$1,279,000

3 bed2 bath1 parking1,248 sqftBuilt 1995
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$920/mo
Annual property tax
$3,832 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Exterior & Lot

View
View
Pool
Indoor pool

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®
R3116016
Listed
April 27, 2026
Time on market
On the market for 126 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 In Town Realty · Data source: CREA DDF.

Description

Elevated living in the heart of Coal Harbour This stunning 3-bedroom, 2-bath residence offers breathtaking north-facing ocean views paired with warm west exposure-flooding the home with natural light from sunrise to sunset. Thoughtfully designed with a functional layout, spacious living areas, and floor-to-ceiling windows that truly capture the beauty of the waterfront. Enjoy full building amenities including an indoor pool, sauna, jacuzzi, and fully equipped gym, plus the added value of three recently updated elevators. Wake up to serene water views, unwind with golden sunsets, and live steps from the seawall, marina, fine dining, and downtown convenience. Measurements are approximate and to be verified by buyer and buyers agent if deemed important. measurements are approximate and to be verified by buyer and buyers agent if deemed important. Some photos are edited. Opportunities like this are rare, experience it before it´s gone. Unit has inside storage (id:63159)

Values & Trends

This listing

$1,025/sqft

Building average

No other active listings in this building

Vancouver average

$1,094/sqft

2087 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 — Vancouver

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

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
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

78

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
Franklin School(Independent)Secondary683 m
King George SecondaryElementary809 m
Pattison High School(Independent)Secondary838 m
Lord Roberts ElementaryElementary948 m
Alexander Academy(Independent)Secondary961 m
Columbia Academy(Independent)Secondary967 m
Lowell High School(Independent)Secondary1.3 km
Anchor Point Montessori(Independent)Elementary1.3 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 Pender St @ Jervis St53 m
Westbound W Georgia St @ Bute St101 m
Westbound W Georgia St @ Bute St106 m
Westbound W Pender St @ Bute St120 m
Eastbound W Georgia St @ Bute St187 m

Nearby Places

Restaurants (5+)

  • Express Pho · 570 Bute Street124 m
  • Green Leaf Salad Bar · 560 Bute Street128 m
  • Kiku Sushi Restaurant · 1368 West Pender Street154 m
  • Trish Juice · 1328 West Georgia Street156 m
  • Freshii · 1185 West Georgia Street168 m

Cafes (5+)

  • Starbucks · 580 Bute Street121 m
  • Melville Café · 1170 Melville Street145 m
  • Time Out Cafe · 1150 Melville Street204 m
  • JJ Bean · 1188 Alberni Street216 m
  • Abode · 1223 Robson Street262 m

Grocery (5+)

  • Urban Fare · 305 Bute Street222 m
  • Urban Fare · 1133 Alberni Street273 m
  • Fujiya · 1050 West Pender Street429 m
  • Whole Foods Market · 1675 Robson Street567 m
  • Danial Market · 1500 Barclay Street609 m

Parks (5+)

  • Coal Harbour Park184 m
  • Unnamed210 m
  • Harbour Green Park357 m
  • Portal Park446 m
  • Art Phillips Park472 m

Shopping (5+)

  • Oomomo Japan Living · 1144 Robson Street359 m
  • Muji · 1125 Robson Street364 m
  • Robson Public Market · 1610 Robson Street566 m
  • CF Pacific Centre · 701 West Georgia Street782 m
  • Holt Renfrew · 737 Dunsmuir Street794 m

Gyms (5+)

  • Fitness World · 1185 West Georgia Street143 m
  • Fit4Less · 1201 West Pender Street144 m
  • Axé Capoeira Coal Harbour · 480 Broughton Street205 m
  • Equinox · 1131 West Georgia Street265 m
  • The Well · 1579 West Georgia Street430 m

Pharmacies (5+)

  • Shoppers Drug Mart · 1202 West Pender Street105 m
  • London Drugs · 1187 Robson Street294 m
  • Bentall Pharmacy427 m
  • Shoppers Drug Mart · 748 Burrard Street594 m
  • The Pharmacy - WestEnd · 1743 Robson Street743 m

Banks & ATMs (5+)

  • GettingCrypto.com208 m
  • Scotiabank · 1205 Robson Street267 m
  • Bitcoin ATM Localcoin · 1319 Robson Street271 m
  • TD · 1177 West Hastings Street295 m
  • TD Canada Trust357 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($102,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,023,200.00
Periodic payment — Principal & Interest (monthly)$6,601.34
Additional monthly expenses (strata, tax, utilities, etc.)$1,301.33
Total monthly cost$7,902.67
Interest paid over 5-yr term$293,252.06
Balance at end of term$920,371.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$102,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,043.80

Cash Needed at Closing

Minimum down payment$102,900
Estimated BC PTT$23,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$127,980

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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