Property Type: Condo / ApartmentOwnership: Strata

403 568 WATERS EDGE CRESCENT

West Vancouver, BC V7T0A2

$1,095,000

2 bed2 bath1 parking930 sqftBuilt 2007
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$678/mo
Annual property tax
$3,038.52 (2024)

Interior

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

Parking

Total spaces
1

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®
R3120678
Listed
May 7, 2026
Time on market
On the market for 117 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Waters Edge Sub-Penthouse by world-renowned Robert A.M. Stern. Timeless luxury in one of West Van´s most coveted concrete residences. Renovated & move-in ready, this 2 bed 2 bath home offers 10´ ceilings, A/C, concierge & over 930 sf of refined living. Oak floors, Belgian wool carpet, stylish living & dining opens to a private deck. Chef´s kitchen with Sub-Zero, Miele gas cooktop, granite & wood cabinetry. Spacious primary with custom closet & spa-like marble ensuite w in-floor heat. Exceptionally maintained with parking, storage, visitor parking, lounge/library, gym & premium amenities. Set beside the Capilano River-steps to trails, Park Royal & all amenities. (id:63159)

Values & Trends

This listing

$1,177/sqft

Building average

No other active listings in this building

West Vancouver average

$1,251/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

17°C

Humidity 66%

Wind NE 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)Elementary468 m
Ecole CedardaleElementary662 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 River203 m
Southbound Taylor Way @ Marine Dr208 m
Eastbound Marine Dr Offramp @ Lions Gate Bridge281 m
Southbound Lions Gate Bridge Onramp @ Marine Dr283 m
Southbound Taylor Way @ Keith Rd370 m

Nearby Places

Restaurants (5+)

  • Pizza Rubato231 m
  • Nando's · 722 Main Street311 m
  • The Keg · 110-731 Main Street390 m
  • Hello Nori396 m
  • OPA! of Greece400 m

Cafes (5+)

  • Starbucks308 m
  • Tim Hortons375 m
  • Chatime439 m
  • Sharetea · 792 Main Street536 m
  • Starbucks641 m

Grocery (2)

  • Loblaws482 m
  • Osaka - Park Royal517 m

Parks (2)

  • Klahanie Park331 m
  • Belle Isle Park694 m

Shopping (4)

  • Park Royal North412 m
  • Park Royal Shopping Centre · 2002 Park Royal South447 m
  • Winners464 m
  • Park Royal South477 m

Gyms (1)

  • yyoga361 m

Pharmacies (2)

  • London Drugs525 m
  • Shoppers Drug Mart · 802 Main Street583 m

Banks & ATMs (5+)

  • CIBC278 m
  • TD287 m
  • BMO339 m
  • Scotiabank374 m
  • CIBC513 m

Nearby places data: © OpenStreetMap contributors.

School district: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$876,000.00
Periodic payment — Principal & Interest (monthly)$5,651.65
Additional monthly expenses (strata, tax, utilities, etc.)$978.26
Total monthly cost$6,629.91
Interest paid over 5-yr term$251,064.12
Balance at end of term$787,964.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,770.39

Cash Needed at Closing

Minimum down payment$84,500
Estimated BC PTT$19,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$105,900

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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