Property Type: Condo / ApartmentOwnership: Freehold / Strata

410 388 W 1ST AVENUE

Vancouver, BC V5Y0B2

$899,000

1 bed1 bath1 parking802 sqftBuilt 2009
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Freehold / Strata
Strata / maintenance fee
$506/mo
Annual property tax
$2,800.21 (2025)

Interior

Heating
Baseboard heaters, Hot Water
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®
R3122634
Listed
May 12, 2026
Time on market
On the market for 111 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: FaithWilson Christies International Real Estate · Data source: CREA DDF.

Description

In the heart of False Creek, The Exchange stands as a quiet reminder of Vancouver´s past, thoughtfully reimagined for modern living. Once the city´s telephone exchange in 1911, this heritage landmark offers a refined collection of boutique residences where history is felt in every detail. Inside, a warm industrial palette unfolds exposed brick, polished concrete, & reclaimed Douglas fir beams rising beneath 9´2 ceilings, creating both scale & intimacy. The kitchen, finished in Italian Dada cabinetry with premium appliances, blends seamlessly into the living space, while a spa-inspired bath offers a frameless glass shower & separate tub. Outdoors, a 143 SF terrace extends the home into fresh air. 1 parking & 1 storage included. Above, a rooftop terrace with garden plots, BBQ & lounge (id:63159)

Values & Trends

This listing

$1,121/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

70

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
Elsie Roy ElementaryElementary806 m
Canada Royal Arts High School(Independent)Secondary884 m
False Creek ElementaryElementary978 m
St. Patrick Regional Secondary(Independent)Secondary1.1 km
Claren Academy(Independent)Elementary1.1 km
Blessed Sacrament School(Independent)Elementary1.2 km
St Patrick's Elementary(Independent)Elementary1.2 km
Lowell High School(Independent)Secondary1.2 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 W 2nd Ave @ Crowe St101 m
Olympic Village Station @ Platform 2220 m
Olympic Village Station @ Bay 2226 m
Olympic Village Station @ Platform 1240 m
Eastbound W 2nd Ave @ Columbia St280 m

Nearby Places

Restaurants (5+)

  • Yume Dining · 410 West 2nd Avenue105 m
  • Restaurant Kavita · 250 West 3rd Avenue233 m
  • Nook · 195 West 2nd Avenue336 m
  • Riviera Cafe & Restaurant386 m
  • Pizza Hut · 171 West 2nd Avenue388 m

Cafes (5+)

  • Pallet Coffee Roasters · 2035 Yukon Street100 m
  • The Skript Kitchen · 250 West 3rd Avenue242 m
  • Honest to Pete Roasters · 2109 Alberta Street259 m
  • Little Pisces Cafe · 1778 Columbia Street346 m
  • Nana's Green Tea · 159 West 4th Avenue352 m

Grocery (5+)

  • Save-On-Foods · 2308 Cambie Street395 m
  • Whole Foods Market · 510 West 8th Avenue485 m
  • No Frills · 310 West Broadway602 m
  • Save-On-Foods · 1688 Salt Street607 m
  • Urban Fare · 177 Davie Street796 m

Parks (5+)

  • Barbara Howard Plaza267 m
  • Hinge Park · 215 West 1st Avenue403 m
  • Habitat Island Park464 m
  • Pocket Park483 m
  • Triangle Park574 m

Shopping (2)

  • Canadian Tire · 2290 Cambie Street345 m
  • Winners · 491 West 8th Avenue444 m

Gyms (5+)

  • Anytime Fitness · 489 West 2nd Avenue118 m
  • Modo Yoga · 121 West 2nd Avenue453 m
  • F45 Training · 433 West 8th Avenue456 m
  • Original Yin Qi Gong Gym · 434 West 8th Avenue484 m
  • d.tox spa531 m

Pharmacies (5+)

  • Save-On-Foods Pharmacy · 2308 Cambie Street395 m
  • London Drugs · 525 West Broadway550 m
  • Loblaw Pharmacy · 310 West Broadway604 m
  • London Drugs · 1622 Salt Street642 m
  • Landcaster Medical Supplies & Prescriptions · 601 West Broadway649 m

Banks & ATMs (5+)

  • Unnamed389 m
  • BMO · 103 West 2nd Avenue497 m
  • Coast Capital Savings · 445 West Broadway538 m
  • TD · 1689 Manitoba Street539 m
  • RBC Royal Bank · 505 West Broadway541 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$779.75
Total monthly cost$5,419.79
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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