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PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in “PINNACLE LIVING FALSE CREEK” (Vancouver West) : MLS®# R2718570

Posted by Aedis Realty on December 5, 2022
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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

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PH#1603 89 W 2ND Avenue
False Creek Vancouver V5Y 0G9

$2,999,800
Residential Attached beds: 3 baths: 3.0 1,562 sq. ft. built: 2013

Main Photo: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 1: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 2: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 3: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 4: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 5: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 6: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 7: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 8: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 9: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 10: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 11: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 12: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 13: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 14: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 15: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 16: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 17: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 18: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 19: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 20: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 21: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 22: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 23: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 24: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 25: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 26: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 27: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 28: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 29: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 30: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 31: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 32: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 33: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 34: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 35: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 36: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 37: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 38: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 39: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Photo 40: PH#1603 89 W 2ND Avenue in Vancouver: False Creek Condo for sale in "PINNACLE LIVING FALSE CREEK" (Vancouver West)  : MLS®# R2718570
Status:
Active
Prop. Type:
Residential Attached
MLS® Num:
R2718570
Bedrooms:
3
Bathrooms:
3
Year Built:
2013
NEW PRICE! Penthouse on top of Olympic Village and centre stage to panoramic views of the downtown skyline, false creek, and north shore mountains. With 1562 square feet of living space this unit is fully renovated. Features a gourmet kitchen and open living & dining with unobstructed views. On one side the unit is the master bedroom with an incredible ensuite bathroom and walk-in closet and on the other side a den and two generous bedrooms with two tastefully renovated bathrooms. The over 750 sq ft of private outdoor space is finished unlike any other unit and provides a sky backyard (rooftop) with a view. Comes w two parking + two storage lockers making this green living building an ideal space for the professional family.
Property Type:
Residential Attached
Dwelling Type:
Apartment/Condo
Home Style:
Year built:
2013 (Age: 9)
Total area:
1,562 sq. ft.
Total Floor Area:
1,562 sq. ft.
Total unfinished area:
Main Floor Area:
1,562 sq. ft.
Floor Area Above Main:
Floor Area Above Main 2:
Floor Area Detached 2nd Residence:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
1.0
Rainscreen:
Bedrooms:
3 (Above Grd: 3)
Bathrooms:
3.0 (Full:2/Half:1)
Kitchens:
Rooms:
Taxes:
$6,423.04 / -
Lot Area:
0 sq. ft.
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
EPS1218
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
None
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplace Details:
Parking:
Parking Total/Covered:
2 / -
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold Strata
Flood Plain:
Suite:
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Main
Main
$1,041.19
Air Cond./Central, Bike Room, Elevator, Exercise Centre, In Suite Laundry, Storage, Concierge
WATER, MOUNTAIN AND CITY VIEW
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Units in Development:
Plumbing Details:
Services Connected:
Previous Price:
Original Price:
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Virtual Tour

Listed by Oakwyn Realty Downtown Ltd.
Data was last updated December 5, 2022 at 04:35 AM (UTC)
Area Statistics
Listings on market:
85
Avg list price:
$1,098,000
Min list price:
$598,000
Max list price:
$5,188,000
Avg days on market:
42
Min days on market:
4
Max days on market:
315
Avg price per sq.ft.:
$1,231.91
These statistics are generated based on the current listing's property type and located in False Creek. Average values are derived using median calculations.
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