Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

404 1470 PENNYFARTHING DRIVE

Vancouver, BC V6J4Y2

$999,000

2 bed2 bath1 parking1,440 sqftBuilt 1985
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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
$1,067/mo
Annual property tax
$3,782.45 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront
Pool
Indoor pool
Lot features
Central location, Wheelchair access

Building

Parcel ID (PID)
004-424-654

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed
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®
R3159575
Listed
August 28, 2026
Time on market
On the market for 4 days
Tax assessment year
2025
Data last synced
August 30, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Breathtaking unobstructed views from every room and an exceptional False Creek lifestyle await at Harbour Cove, one of Vancouver´s rare FREEHOLD waterfront communities. This spacious 2 bed + solarium offers over 1,400 sqft of one-level living with views of the marina, Granville Island, city skyline & lush private gardens. Bring your renovation ideas to generous rooms, a cozy fireplace, large kitchen & view-filled solarium for an office or retreat. Stroll the Seawall, shop Granville Island, and enjoy parks, marinas, waterfront dining, cafés, theatre & South Granville culture. Return to ~$2.5M renovated amenities incl. indoor pool, hot tub, sauna, steam room plus gym, racquet courts, workshop & more. Create your dream home & live the ultimate Vancouver lifestyle! Enjoy seawall living at its finest - Book a Tour Today! OPEN HOUSE SAT (8/29) 2-4PM. (id:63159)

Values & Trends

This listing

$694/sqft

Building average

$881/sqft

1 active listing(s)

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

59

7/9 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 ElementaryElementary530 m
Anchor Point Montessori(Independent)Elementary959 m
Vancouver Alternate SchoolSecondary990 m
St Augustine's(Independent)Elementary1.2 km
Lord Tennyson ElementaryElementary1.2 km
False Creek ElementaryElementary1.2 km
Madrona School(Independent)Elementary/Middle1.3 km
Elsie Roy ElementaryElementary1.4 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 St305 m
Southbound Fir St @ W 2nd Ave316 m
Eastbound W 2nd Ave @ Anderson St387 m
Westbound W 2nd Ave @ Anderson St395 m
Eastbound Cornwall Ave @ Cypress St409 m

Nearby Places

Restaurants (5+)

  • Sushi Hanabi · 1542 West 2nd Avenue316 m
  • Apollinia · 1830 Fir Street319 m
  • ELLIPSIS340 m
  • Bento Cafe · 1822 West 1st Avenue363 m
  • Cofu Pressed Sushi · 1833 Anderson Street377 m

Cafes (5+)

  • That's It Cafe · 1612 West 1st Avenue188 m
  • Oidé Coffee · 1548 West 2nd Avenue309 m
  • Café Prado · 1809 Fir Street312 m
  • Pâtisserie Lebeau · 1728 West 2nd Avenue324 m
  • Café Terra · 1777 West 2nd Avenue346 m

Grocery (1)

  • No Frills · 1688 West 4th Avenue491 m

Parks (5+)

  • Unnamed102 m
  • Seaforth Peace Park313 m
  • Vanier Park479 m
  • Unnamed591 m
  • Fifth and Pine Pop-up Park (Pollinator Project)598 m

Shopping (1)

  • Kids Market · 1496 Cartwright Street465 m

Gyms (5+)

  • Ron Zalko Fitness & Yoga · 1807 West 1st Avenue389 m
  • False Creek Community Fitness Centre626 m
  • Pure Barre · 1907 West 4th Avenue647 m
  • Yyoga655 m
  • Space & Soul · 1644 West 6th Avenue682 m

Banks & ATMs (5+)

  • CIBC445 m
  • RBC488 m
  • Vancity489 m
  • TD649 m
  • Instacoin ATM675 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 404 1470 PENNYFARTHING DRIVE

View building profile →
Built 1985

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,200.00
Periodic payment — Principal & Interest (monthly)$5,156.17
Additional monthly expenses (strata, tax, utilities, etc.)$1,453.81
Total monthly cost$6,609.98
Interest paid over 5-yr term$229,053.02
Balance at end of term$718,882.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,106.01

Cash Needed at Closing

Minimum down payment$74,900
Estimated BC PTT$17,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,380

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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