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405 1502 Island Park Walk
False Creek Vancouver V6H 3Z8

$848,000
Residential beds: 1 baths: 1.0 954 sq. ft. built: 1989

Status:
Active
Prop. Type:
Residential
MLS® Num:
R3141642
Bedrooms:
1
Bathrooms:
1
Year Built:
1989
This exceptional one-bedroom penthouse features an oversized, versatile floor plan and breathtaking southwest-facing views over the tranquil lagoons, False Creek Marina, North Shore Mountains and skyline. Floor-to-ceiling windows and solarium-style skylights bathe the home in natural light throughout the year. Completely renovated in 2024, this stunning residence showcases a sophisticated retro-chic design that blends modern style with the charm of a romantic waterfront retreat. Enjoy an unparalleled False Creek lifestyle just steps from the Seawall, Granville Island, waterfront parks, cafés, and restaurants. A rare opportunity to own a beautifully renovated penthouse and experience Vancouver waterfront living at its finest.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
One Level
Ownership:
Leasehold prepaid-Strata
Common Interest:
Condominium
Year built:
1989 (Age: 37)
Living Area:
954 sq. ft.
Floor Area - Unfinished:
0 sq. ft.
Building Area - Total:
954 sq. ft.
Levels:
One
Bedrooms:
1 (Above Grd: 1)
Bathrooms:
1.0 (Full:1/Half:0)
Kitchens:
1
Rooms:
5
Num Storeys:
4
Taxes:
$2,750.33 / 2025
Lot Features:
Central Location, Marina Nearby
Exposure / Faces:
Southwest
Rear Yard Exposure:
West
Outdoor Area:
Balcony
Water Supply:
Public
Plan:
VAS2096
Name of Complex/Subdivision:
The Lagoons
Construction Materials:
Frame Wood, Aluminum Siding
Foundation:
Concrete Perimeter
Basement:
None
Property Condition:
Renovation Complete
Roof:
Asphalt
No. Floor Levels:
1.0
Floor Finish:
Carpet
Floor Area Fin - Above Grade:
954 sq. ft.
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
954 sq. ft.
Floor Area Fin - Below Main:
0 sq. ft.
Floor Area Fin - Below Grade:
0 sq. ft.
Floor Area Fin - Basement:
0 sq. ft.
Floor Area Fin - Total:
954 sq. ft.
Heating:
Baseboard, Electric
Fireplaces:
1
Fireplace Details:
Wood Burning
Parking Features:
Garage Under Building, Rear Access
Parking:
Garage Under Building
# Of Parking Spaces - Total:
1
# Of Covered Spaces:
1.0
Parking Total/Covered:
1 / 1
Flood Plain:
No
Suite:
None
No AirBnB
Balcony
Waterfront, Central Location, Marina Nearby, Shopping Nearby
Water, City and Marina
Caretaker, Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Shopping Nearby
1
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Yes
STRATA LOT 25, PLAN VAS2096, DISTRICT LOT FC, NEW WESTMINSTER LAND DISTRICT, HISTORIC MEVA - NO # THEREIN TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE
Floor
Type
Size
Other
Main
Foyer
9'4" × 4'11"
-
Main
Living Room
27'7" × 17'4"
-
Main
Dining Room
17'6" × 6'3"
-
Main
Primary Bedroom
15'3" × 14'
-
Main
Kitchen
10'3" × 7'11"
-
Floor
Ensuite
Pieces
Other
Main
Yes
4
Council Approval:
No
Association Fee:
$698.00
Age Restrictions:
No
Tax Utilities Included:
true
By-Law Restrictions:
Pets Allowed With Restrictions
Dist to Public Trans:
Close
Dist to School Bus:
Close
Property Disclosure:
Yes
Pets Allowed:
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Cats:
Cats OK
Dogs:
Dogs OK
# Units in Development:
89
Home Owners Association:
Yes
Original Price:
$848,000
Land Lease:
Yes
Zoning:
FCCDD
Utilities:
Community
Sewer:
Public Sewer
Restrictions:
Pets Allowed w/Rest., Rentals Allwd w/Restrctns
Larger map options:
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Listed by RE/MAX Select Properties
Data was last updated July 1, 2026 at 03:35 AM (UTC)
Area Statistics
Listings on market:
104
Avg list price:
$876,450
Min list price:
$65,000
Max list price:
$4,995,000
Avg days on market:
43
Min days on market:
1
Max days on market:
525
Avg price per sq.ft.:
$1,070.13
These statistics are generated based on the current listing's property type and located in False Creek. Average values are derived using median calculations. This data is not produced by the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.