Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

547 1515 W 2ND AVENUE

Vancouver, BC V6J5C5

$1,168,000

2 bed2 bath2 parking1,310 sqftBuilt 1989
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$766/mo
Annual property tax
$3,760.88 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Waterfront
Waterfront
Lot features
Central location, Elevator

Building

Security
Sprinkler System-Fire
Parcel ID (PID)
015-160-459

Parking

Total spaces
2 — uncovered indicated
Features
Underground, Tandem

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®
R3159346
Listed
August 27, 2026
Time on market
On the market for 4 days
Tax assessment year
2026
Data last synced
August 30, 2026

Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.

Description

Waterfront, FREEHOLD living in the heart of False Creek: coveted "Island Cove" at the entrance of Granville Island. Spacious, two-level, 1,310sf, 2-bedroom, 2-bath home with loads of storage + 2 balconies. Well-maintained. Enjoy open-concept entertaining across your kitchen, dining, & living. Impress guests with floor-to-ceiling, wall-to-wall windows in living room leading onto glass-railing balcony & your spectular views. Spread out in your huge, primary bedroom featuring not just 4pc ensuite & private balcony but also 3 closets(!). Parking for 2 cars secured underground. Building boasts gym, sauna, & caretaker. Pro-active strata with recent, comprehensive building envelope renewal: balconies, decks, curtain wall, & exterior coatings. Max 1 pet. Peak Vancouver lifestyle with Granville Island´s restaurants, Public Market, and theatres at your doorstep; walking/running/biking paradise along False Creek Seawall; & hop over Granville St Bridge or catch the Aquabus into downtown (id:63159)

Values & Trends

This listing

$892/sqft

Building average

No other active listings in this building

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 2 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

17°C

Clear

Humidity 100%

Wind WNW 13 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
Vancouver Alternate SchoolSecondary720 m
Henry Hudson ElementaryElementary811 m
False Creek ElementaryElementary904 m
Anchor Point Montessori(Independent)Elementary989 m
Lord Tennyson ElementaryElementary1.1 km
Elsie Roy ElementaryElementary1.2 km
St Augustine's(Independent)Elementary1.2 km
Canada Royal Arts 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
Eastbound W 2nd Ave @ Anderson St24 m
Westbound W 2nd Ave @ Anderson St32 m
Eastbound W 2nd Ave @ Fir St117 m
Southbound Fir St @ W 2nd Ave180 m
Northbound Fir St @ W 4th Ave228 m

Nearby Places

Restaurants (5+)

  • Cofu Pressed Sushi · 1833 Anderson Street45 m
  • Afghan Horsemen Restaurant · Anderson Street46 m
  • ELLIPSIS108 m
  • Sushi Hanabi · 1542 West 2nd Avenue111 m
  • Apollinia · 1830 Fir Street161 m

Cafes (5+)

  • The Corner Store Cafe · Anderson Street48 m
  • Oidé Coffee · 1548 West 2nd Avenue128 m
  • My Island Cafe · 1550 Anderson Street162 m
  • Café Prado · 1809 Fir Street186 m
  • That's It Cafe · 1612 West 1st Avenue233 m

Grocery (3)

  • No Frills · 1688 West 4th Avenue382 m
  • Loblaws · 1461 West Broadway659 m
  • La Win Supermarket · 1702 West Broadway780 m

Parks (5+)

  • Sutcliffe Park258 m
  • Granville Loop Park279 m
  • Unnamed304 m
  • Unnamed315 m
  • Unnamed386 m

Shopping (1)

  • Kids Market · 1496 Cartwright Street193 m

Gyms (5+)

  • False Creek Community Fitness Centre305 m
  • Space & Soul · 1644 West 6th Avenue480 m
  • GoodLife Fitness · 1401 West 8th Avenue579 m
  • Ron Zalko Fitness & Yoga · 1807 West 1st Avenue611 m
  • VIP Fitness & Lifestyle · 1541 West Broadway661 m

Pharmacies (3)

  • Pharmasave · 2580 Granville Street754 m
  • Shaughnessy Pharmacy · 1265 West Broadway762 m
  • London Drugs · 1431 Continental Street795 m

Banks & ATMs (5+)

  • CIBC171 m
  • Instacoin ATM311 m
  • RBC330 m
  • Vancity331 m
  • RBC Royal Bank · 1465 West Broadway657 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($91,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$934,400.00
Periodic payment — Principal & Interest (monthly)$6,028.43
Additional monthly expenses (strata, tax, utilities, etc.)$1,145.48
Total monthly cost$7,173.91
Interest paid over 5-yr term$267,801.73
Balance at end of term$840,495.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$91,800
Stress test qualifying rate8.09%
Payment you must qualify for$8,275.60

Cash Needed at Closing

Minimum down payment$91,800
Estimated BC PTT$21,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$114,660

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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