Olympic Village at False Creek
General Description
The 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.
Information 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.
Affordable 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 VW Condo for sale in "Opsal" (Vancouver West) : MLS®# R2510162
2501 1775 QUEBEC Street Vancouver V5T 0E3 
$9,288,000Residential Attached- Status:
- Active
- MLS® Num:
- R2510162
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 3,233 sq. ft.
Jaw dropping panoramic views of Downtown Vancouver, Science World, False Creek, North Shore Mountains and much more from this truly one of a kind 3 bedroom and den Penthouse residence at Opsal by Bastion! This custom designed 2 strata lot suite was designed by the owner to a very high standard to include Italian cabinetry, custom glass wall treatments, feature gas fireplace, dual eclipse doors and full outdoor kitchen and BBQ. The over 800 square foot master bedroom offers recessed TV, electric curtains, separate work at home space, wet bar and south facing balcony. Other amenities include 5 parking spots (2 Double Garages), high end appliances, custom plumbing and electrical fixtures, HOT TUB, and a total of almost 4,400 sf of combined indoor/outdoor living. This home is incomparable and enjoys the benefit of extreme privacy with no surrounding Highrise buildings! More detailsListed by VIRANI REAL ESTATE ADVISORS
- Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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56 E 5TH Avenue in Vancouver: Mount Pleasant VE House for sale (Vancouver East) : MLS®# R2530177
56 E 5TH Avenue Vancouver V5T 1G8
$7,245,000Residential Detached- Status:
- Active
- MLS® Num:
- R2530177
- Bedrooms:
- 5
- Bathrooms:
- 8
- Floor Area:
- 6,688 sq. ft.
A truly one-of-a-kind residence & prime location! Non-heritage, Extremely rare offering of 2 houses. Completely redone in 2012 with stunning attention to detail. Main house is over 5100 SF over 4 levels of luxury living custom built to the highest standard with over height ceilings, 7 outdoor decks with Brazilian "IPE" wood, outdoor kitchen with panoramic views, media rm, wine cellar, elevator, A/C, gated with high end security system, Milson Technology home, 3-car heated garage. Home opens to a beautiful private courtyard garden with exercise pool/hot tub. Back house is 2 bed, 2.5 bath on 3 levels, with a huge private sundeck one car attached heated garage. An urban retreat for the most discriminating buyers, by appointment only. More detailsListed by Sutton Group-West Coast Realty - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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12 E 7TH Avenue in Vancouver: Mount Pleasant VE Multifamily for sale (Vancouver East) : MLS®# R2531552
12 E 7TH Avenue Vancouver V5T 1M2
$6,998,800Multifamily- Status:
- Active
- MLS® Num:
- R2531552
- Bedrooms:
- 12
- Bathrooms:
- 8
- Floor Area:
- 6,400 sq. ft.
A first class opportunity to own a centrally located income producing property in the heart of Mount Pleasant’s I-1 Industrial area with excellent redevelopment potential. The subject property is 6,039 SF with 18,117 SF of existing buildable (3 FSR). Current improvements include: 3 newly renovated single family homes with a net operating income of approximately $200,000 per annum. Inquire for details. More detailsListed by The Firm Real Estate Services Ltd. - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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1101 1616 COLUMBIA Street in Vancouver: False Creek Condo for sale in "The Bridge" (Vancouver West) : MLS®# R2530742
1101 1616 COLUMBIA Street Vancouver V5Y 0B7
$6,978,000Residential Attached- Status:
- Active
- MLS® Num:
- R2530742
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 3,574 sq. ft.
We are proud to present the spectacular Bridge Penthouse in The Village on False Creek, featuring 4,780 sq ft of outdoor living space! Rare 3,574 sq ft 3 bed, 3.5 bath and 2 dens comprising the entire top floor of the building, with soaring 10' ceilings and walls of windows flooding the open floor plan with natural light. Gorgeous sunrise and sunset views of the skyline, mountains, False Creek, Science World, and BC Place. Thriving waterfront community surrounded by walking/biking paths, parks, fine dining, and great shopping. Enjoy the grand master suite and a gorgeous kitchen with Eggersman cabinetry, sub zero wine fridge and Miele appliances. Includes 2 big storage lockers & 3 parking stalls. LEED certified building with geothermal heating and cooling and great amenities including concierge, a private gym, indoor swimming pool, steam/sauna, and access to the Gold Medal Club. A phenomenal penthouse in a prime location! More detailsListed by Royal LePage Sussex - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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1001 1633 ONTARIO Street in Vancouver: False Creek Condo for sale in "Kayak - Village on False Creek" (Vancouver West) : MLS®# R2498535
1001 1633 ONTARIO Street Vancouver V5Y 0C2
$6,800,000Residential Attached- Status:
- Active
- MLS® Num:
- R2498535
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 2,509 sq. ft.
On your private 2,000 sf terrace, the sun sets on the horizon, turning False Creek into liquid gold, City & mountain views taking backstage. In your exquisitely renovated home by Eyco, soft music surrounds & ambient light plays off the hand-picked furnishings that enhance the living space. Take respite in your private sanctuary with dressing room & luxurious ensuite, the day is done. Morning, light is streaming through floor to ceiling windows, hardwood floor complement open concept modern kitchen & expansive island breakfast bar. Hop on your bike, take in the day by water’s edge, reflect on the joy of being. Body spent, time to relax, enjoy, breathe. This rare home perfectly positioned in The Village is all about your lifestyle. Come, and embrace this opportunity, live your best life. More detailsListed by Faith Wilson Group - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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1401 1661 ONTARIO Street in Vancouver: False Creek Condo for sale in "Millennium Water" (Vancouver West) : MLS®# R2521704
1401 1661 ONTARIO Street Vancouver V5Y 0C3
$5,256,000Residential Attached- Status:
- Active
- MLS® Num:
- R2521704
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 2,274 sq. ft.
Exclusive private penthouse with stunning water, mountain, and panoramic city views at the SAILS-Olympic Village. A stylish &sophisticated seaside house in the sky with over 1018 sqft private roof top garden and a wrap-around 355 sqft balcony. Featuring 2270 sqft luxurious living with 3 bedrooms, 4 bath, 2 parking and 2 storage. LEED certified green building offers exterior motorized shades and radiant cooling/heating system, Miele S/S appliances, European cabinetry, and luxury faucets throughout. Amenities at Gold Medal Club: a pool, inferred sauna, a gym and a furnished lounge. Shopping at your doorstep and walking to Skytrain Stations and Aquabus. Pets welcome. Come to enjoy one of the Vancouver's most exciting community. More detailsListed by Sutton Group-West Coast Realty - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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201 181 ATHLETES Way in Vancouver: False Creek Condo for sale in "CANADA HOUSE" (Vancouver West) : MLS®# R2530346
201 181 ATHLETES Way Vancouver V5Y 0E5
$4,850,000Residential Attached- Status:
- Active
- MLS® Num:
- R2530346
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 2,406 sq. ft.
Magnificent luxury suite in Canada House with expansive water views of SE False Creek, park greenery & City skyline from every room! Exclusive & upscale bldg designed by renowned architect Arthur Erickson. Located on the waterfront in the dynamic Olympic Village with only 40 units & 4 suites per floor. This most sought-after 2406 sf floor plan features 2 bdrms, large den & family room with open flowing space, 10' ceilings & custom luxurious finishes. Many designer upgrades by the present owners, plus a wine/bar room, make it a truly special one-of-a-kind home. Incredible location next to the Seawall. Close to Canada/Expo lines & shopping & restaurants. Radiant heating & cooling, 24/7 concierge, gym, yoga room, theater, library & lounge. Access to Gold Medal Club with pool. Private double garage & storage. Pets & Rentals OK but mainly owner occupied. If you're looking for that special home to downsize to that offers opulent space, security, convenience and comforting beautiful views, this is the one for you! More detailsListed by Homeland Realty - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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1201 1661 ONTARIO Street in Vancouver: False Creek Condo for sale in "SAILS -VILLAGE ON FALSE CREEK" (Vancouver West) : MLS®# R2535971
1201 1661 ONTARIO Street Vancouver V5Y 0C3
$4,500,000Residential Attached- Status:
- Active
- MLS® Num:
- R2535971
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 2,224 sq. ft.
BIG PRICE REDUCTION!!! ABSOLUTELY MASSIVE DECK... bigger than most backyards with lawn, garden and fruit trees (Yes you read this right!!) Grow your own food! Must See To Believe...HOUSE IN THE SKY! Originally a 3 Bedroom 4 Bathroom, now boasts 2 Grand Master Suites! Easily converted back for added upside value. Total combined indoor/outdoor living space of 4500 SQUARE FEET ALL ON ONE LEVEL...Entertainers Dream. Live the waterfront lifestyle in this incredible one of a kind luxurious Sub-Penthouse in the prestigious Olympic Village. Stunning views of the Water and Downtown Skyline featuring several of Vancouver's iconic landmarks. Green technology LEED PLATINUM building. Huge Storage Room! Extra room available. PREVIOUSLY RENTED at $18,000 PER MONTH! More detailsListed by Sunstar Realty Ltd. - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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1303 1688 PULLMAN PORTER Street in Vancouver: Mount Pleasant VE Condo for sale in "Navio at the Creek" (Vancouver East) : MLS®# R2496503
1303 1688 PULLMAN PORTER Street Vancouver V6A 0H3
$2,699,000Residential Attached- Status:
- Active
- MLS® Num:
- R2496503
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,192 sq. ft.
WOW! Rarely available Sub-PENTHOUSE with a massive wraparound roof-deck! Step out through two large sliding doors to enjoy a morning coffee with the east rising sun. Two larger sliding doors opens up for inside-outside living, inviting a life of endless enjoyment. Work from home in the alcove protected by lush greenery. Watch the boats come in and out of False Creek. Sit back and relax with some friends for an intimate evening over a bottle Chardonnay as the sun slowly sets behind the beautiful city skyline. These moments make memories and this is just from the outdoor space. Welcome to your future home, welcome to the good life! More detailsListed by Oakwyn Realty Downtown Ltd. - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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PH1801 1788 COLUMBIA Street in Vancouver: False Creek Condo for sale in "EPIC AT WEST" (Vancouver West) : MLS®# R2530765
PH1801 1788 COLUMBIA Street Vancouver V5Y 0L7
$2,698,000Residential Attached- Status:
- Active
- MLS® Num:
- R2530765
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 2,004 sq. ft.
Come HOME TO A VACATION EVERY DAY. Looking for more space in every direction? Spectacular brand new Penthouse spans 2,004 sqft, 3 BDRMS+Office, 3 Baths w/ oversized rooms to live, work, play & retreat. EFFORTLESS seaside lifestyle in prestigious Olympic Village-steps to the seaside, miles of seawall, parks, Village Retail District & mins. to the BEST of Vancouver. Views from every room-forevever City, Water, Mtns & parks. Premium lux finishes: 8'8" ceilings, Air Conditioning, Subzero fridge, Wolf gas range, 9.5 ft. kitchen isl., Quartz composite counters & backsplash, wide plank laminate floors, porcelain tiles, remote LR blinds , wine cellar room, dual-vanity in mstr ensuite, 3 walk-in closets, Pantry, Office, 2 balconies, 2 Prkg, 2 lockers. Perfect for a large family or for MORE space! More detailsListed by Sutton Group-West Coast Realty - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
