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Olympic Village at False Creek

General Description

Olympic Village 3The Millennium Development Group built Vancouver Olympic Village for the 2010 Winter Olympics in Vancouver, British Columbia, Canada. The site, long ago an industrial area, later mostly a parking lot, is on the shoreline of the southeast corner of False Creek north of 2nd Avenue in the two blocks between Quebec and Manitoba streets immediately south of Science World. Its waterfront is part of the False Creek Seawall promenade and bicycle trail to Granville Island, to Aquabus and False Creek Ferry wharves, and to the Main Street and Olympic Village SkyTrain stations.

Construction

Construction at the site began in February 2006 and ended in November 2009, when the Vancouver Organizing Committee took it over for the Winter Games and returned it in April 2010 to the City of Vancouver for eventual conversion to residential housing use with a community centre and daycare, retail, and service spaces.

Part of Olympic Village was Canada’s first residential multi-unit Net Zero Building that generates as much energy as it uses. The designers cut conventional energy consumption to a small fraction by use of solar access and shading, natural cross-ventilation, triple-glazed windows, and excellent insulation. Energy meters in each suite encourage further cuts by showing how much energy is in use, and a heat recovery system transfers waste heat from an adjoining building. Two rooftop solar installations supply the rest of the building’s energy.

Funding crisis

After a series of cost overruns, the Mayor of Vancouver requested from the British Columbia provincial government authority for the city to borrow additional funds to complete construction. In January 2009, an emergency session of the BC Legislature granted the City of Vancouver unlimited access to such additional funds for Olympic Village. The authorization was unusual in that the original charter for the Olympics prohibited such additional borrowing without a public referendum. Thus did the city require extraordinary legislation to allow it to borrow to meet its financial commitments. In April 2014, the Toronto Globe and Mail reported that the City of Vancouver finally had retired the debt it assumed when it took over the Olympic Village project from the bankrupt Millennium Development Group.

Olympic Village 1Information Links:

http://vancouver.ca/home-property-development/olympic-village.aspx
http://vancouver.ca/parks-recreation-culture/creekside-community-recreation-centre.aspx
http://vancouver.ca/home-property-development/olympic-village.aspx

Post-Olympics Progress

Of the legacies of the 2010 Winter Games, Olympic Village was the most uncertain; however, it has achieved a transformation since pre-Olympic times as a result of long-term vision, smart design, and careful planning. Olympic Village is now a most enviable residential district. Olympic Village condo units are among the most attractive in the city. At the foot of False Creek, this prime location has been fundamentally instrumental to the project’s ultimate success. Olympic Village has superlative views of Downtown and its North Shore Mountain backdrop and everything residents need in shops, cafés, restaurants, parks, and daycare within a few blocks.

Olympic Village BridgeAffordable housing

The 2010 Olympic buildings are now residential housing for families. By 2020, if official plans prevail, Olympic Village will have 5,000 affordable residential housing units. Olympic Village is a mixed-use community of about 1,100 residential units, 252 of which are affordable housing and another 100 modest market. Modest market housing is for residents unable to pay market rents. The Olympic Village cooperative, Athletes Village, is an 84-unit building of market and modest market housing.

 

New Olympic Village Live MLS Listings

Olympic Village, Vancouver BC, False Creek

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  • 2501 1775 QUEBEC Street in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East) : MLS® # R2219234

    Main Photo: 2501 1775 QUEBEC Street in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East)  : MLS® # R2219234
    $10,800,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2219234
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    3,230 sq. ft.
    View view view! Welcome to this 3230 sq ft Sub Penthouse Residence at The Opsal by Bastion. Unobstructed view of the mountains, water and city! This unit was merged with #2502 to make a spacious, one of a kind 3 bedrooms 1 den 3.5 baths ultimate luxury penthouse. Open concept, entertainment-sized living, dining and kitchen area with endless floor to ceiling windows and two folding doors that opens up to the 1100sq ft wraparound balcony. Lots of remodeling done by the seller: the entire unit 2502 is converted into a huge master bedrooms suite with a sizable den and dressing room; Italian kitchen and cabinets, built-in sound system throughout, a hot-tub to enjoy relaxing time out under the sun and breeze. A must see! More details
    RE/MAX Select Properties
  • 56 E 5TH Avenue in Vancouver: Mount Pleasant VE House for sale (Vancouver East) : MLS® # R2192859

    Main Photo: 56 E 5TH Avenue in Vancouver: Mount Pleasant VE House for sale (Vancouver East)  : MLS® # R2192859
    $7,700,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2192859
    Bedrooms:
    5
    Bathrooms:
    8
    Floor Area:
    6,688 sq. ft.
    Rarely does a property come to market that is a perfect fusion of classic and contemporary design with magnificent amenities like this home. With two distinctly unique yet complimentary living spaces, this is an entertainer's dream home that has all of the modern comforts of today. Totalling 5 bedroom and 8 baths, Endless saline pool, hot tub, rooftop deck with outdoor kitchen and bar w/ panoramic city and mountain views, state of the art home theatre, heated 4 car garage and more. A one of a kind must see! More details
    Engel & Volkers Vancouver
  • 905 1633 ONTARIO Street in Vancouver: False Creek Condo for sale in "KAYAK" (Vancouver West) : MLS® # R2118094

    Main Photo: 905 1633 ONTARIO Street in Vancouver: False Creek Condo for sale in "KAYAK" (Vancouver West)  : MLS® # R2118094
    $4,600,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2118094
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,702 sq. ft.
    Luxury home in the waterfront community of The Village on False Creek! LEED Platinum certified, the most sustainable in the world. Features high ceilings, German imported kitchens, Eggersman cabinetry & luxury faucets throughout. State-of-the-art heating and cooling system, Miele S/S appliances, gas range, oven, dishwasher and Sub-Zero fridge. Amenities incl Gold Medal Club, a separate fitness room & furnished lounged are located in the lobby. The plaza is anchored by Urban Fare Grocery, London Drugs, Legacy Liquor store & more. Steps from Canada Line & Expo Skytrain Stations, bus lines, Aquabus & seawall. More details
    Rennie Marketing Systems
  • 801 138 ATHLETES Way in Vancouver: False Creek Condo for sale (Vancouver West) : MLS® # R2204765

    Main Photo: 801 138 ATHLETES Way in Vancouver: False Creek Condo for sale (Vancouver West)  : MLS® # R2204765
    $2,898,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2204765
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,370 sq. ft.
    Waterfront penthouse in the heart of the Olympic Village. This truly is one of the rarest properties on the south side of False Creek. 1370 square feet of functional and modern living PLUS another 1168 square feet of private rooftop deck space for all the entertaining you can possibly imagine. Open the front door and step into the bright and spacious living area with a wall of windows gazing out onto the mellow waters of False creek and across to the North Shore mountains. Forever unobstructed views of Science World, BC Place, and the Downtown skyline. An absolute one of a kind perspective. Recent 2017 renovation, separated bedrooms, fully tiled bathrooms, designated office space, ample in-suite storage plus locker underground, and 2 parking stalls. This is one that cannot be replicated. More details
    Prompton Real Estate Serv.Inc.
  • 404 1616 COLUMBIA Street in Vancouver: False Creek Condo for sale (Vancouver West) : MLS® # R2202611

    Main Photo: 404 1616 COLUMBIA Street in Vancouver: False Creek Condo for sale (Vancouver West)  : MLS® # R2202611
    $2,488,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2202611
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,429 sq. ft.
    This ultimate residence in the “Bridge” building at The Village of False Creek waterfront offers stunning views of wtr, prk & Vancouver skyline. This is a rare find. The automated ext. sunshades will protect you and keep the space comfortable even on the hot day of summer. Inside, the geothermal cooling system keeps the temperature perfect year round, functional 1,429sq. ft. floor plan layout of 3 bdrm plus office space with custom-made office furniture, 2 bth, built in closet organizers and wine fridge in flex room off kitchen and a 315 sq. ft. entertainment size patio, 10' ceiling, Miele and Sub-Zero appliances with numerous upgrades including built-in sound system, custom LED lighting, custom back painted glass cabinetry, hardwood flrs & custom millwork throughout. More details
    Macdonald Realty
  • 205 181 W 1ST Avenue in Vancouver: False Creek Condo for sale in "THE VILLAGE ON FALSE CREEK - BROOKE" (Vancouver West) : MLS® # R2118071

    Main Photo: 205 181 W 1ST Avenue in Vancouver: False Creek Condo for sale in "THE VILLAGE ON FALSE CREEK - BROOKE" (Vancouver West)  : MLS® # R2118071
    $2,399,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2118071
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,118 sq. ft.
    Welcome to Brook! This spectacular 2 BR unit has an open 1118 SF layout ad facing Hinge Park. Luxury living at the Village on False Creek is almost sold out. German imported kitchens, luxury faucets throughout, state of the art heating & cooling system. Miele SS appliances, gas range, oven, dishwasher & Subzero fridge. Amenities include Gold Medal Club, a separate fitness room & furnished lounge are located in the lobby. The plaza is anchored by Urban Fare Grocery, London Drugs, Legacy Liquor Store & more. Steps from Canada Line & Expo Skytrain, bus lines. Aquabus & seawall. More details
    Rennie Marketing Systems
  • 104 181 W 1ST Avenue in Vancouver: False Creek Condo for sale in "THE VILLAGE ON FALSE CREEK - BROOK" (Vancouver West) : MLS® # R2118109

    Main Photo: 104 181 W 1ST Avenue in Vancouver: False Creek Condo for sale in "THE VILLAGE ON FALSE CREEK - BROOK" (Vancouver West)  : MLS® # R2118109
    $2,299,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2118109
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,070 sq. ft.
    Welcome to Brook! This spectacular 2-BR ground level unit has an open 1070 sf layout. Luxury living at The Village on False Creek is almost sold out. German imported kitchens, luxury faucets throughout. State-of-the-art heating and cooling system, Miele S/S appliances, gas range, oven, dishwasher and Sub-Zero fridge. Amenities include Gold Medal Club, a separate Fitness room & furnished lounge are located in the lobby. Steps from Canada Line & Expo Skytrain Stations, Aquabus, Seawall, Urban Fare Grocery, London Drugs and Restaurants. More details
    Rennie Marketing Systems
  • 1653 ONTARIO Street in Vancouver: False Creek Townhouse for sale (Vancouver West) : MLS® # R2225384

    Main Photo: 1653 ONTARIO Street in Vancouver: False Creek Townhouse for sale (Vancouver West)  : MLS® # R2225384
    $2,288,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2225384
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,673 sq. ft.
    A first of it's kind, truly a unique gem in the Village False Creek area. A rare opportunity to live in a 3 bedroom, 3 bath 2 level townhouse featuring excellent square-footage and storage space. Corner unit offering beautiful window finishing's to allow views of Science World in the evening.Central Air Conditioning and Heating provided to adjust room temperature as preferred Stroll across the seawall or grab a cup of coffee at Terra Breads, grab your groceries at the Urban Fare through the parking lot's connected underground access. Walking distance to recreation center & excellent location with Canada Line skytrain minutes away. Please call for your private showing 24 hours notice preferred. First Open House, Dec 9/10, 1-3pm. Offers presented Tuesday, Dec 12th, 5pm. More details
    Sutton Grp-West Coast (VanCam)
  • 2115 COLUMBIA Street in Vancouver: False Creek House for sale (Vancouver West) : MLS® # R2207691

    Main Photo: 2115 COLUMBIA Street in Vancouver: False Creek House for sale (Vancouver West)  : MLS® # R2207691
    $2,198,000
    Residential Detached
    Status:
    Active
    MLS® Num:
    R2207691
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,600 sq. ft.
    Beautiful West Side Character Home! This tastefully updated home boasts character and charm, a new kitchen complete with Custom Cabinets, S/S Appliances, Quartz Counters..., 3 spacious bedrooms up PLUS a bonus unfinished attic space with over 500 sq ft. The basement includes an office space with a built-in desk and a full one bedroom suite with separate entry. Enjoy the private backyard with a large elevated deck and a lower patio ideal for entertaining. Other upgrades include a new roof, gutters and fence. All this plus an excellent location - close to trendy shops, and restaurants plus only a short walk to the Olympic Village and all its amenities. This gem is a rare find! More details
    RE/MAX All Points Realty
  • PH 1101 1887 CROWE Street in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West) : MLS® # R2213724

    Main Photo: PH 1101 1887 CROWE Street in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS® # R2213724
    $1,999,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2213724
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,371 sq. ft.
    RARELY AVAILABLE! One of a kind West facing PENTHOUSE at Pinnacle Living in the Heart of False Creek. This WATERFRONT 2 bedroom w/A/C home was once a 3 Bedroom converted for roomy comfortable living with 1371 Sq. Ft. ENGLISH BAY & DOWNTOWN CITY VIEWS. 2 patios w/ Gas hook-up, totalling Over 600 Sq. ft. of ROOFTOP outdoor space. GOURMET Kitchens: Granite countertops, Porcelain Tile floor, Fisher Paykel STAINLESS Fridge, BOSCH four burner cook-top, Built in Wall oven & microwave perfect for cooking and entertaining guests. This LUXURY residence is next to it all! Steps to Canada Line & Water Taxi. Next to Premiere restaurants, Tap & Barrel, Terra breads, Flying Pig, JJ Bean & more! Amenties: Concierge, Gym & Party room. 2 Parking + 1 Locker. Pets & Rentals allowed. OPEN HOUSE SAT 14TH 2-4PM. More details
    RE/MAX Crest Realty
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Listing information last updated on December 11, 2017
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