Welcome to Newport Quay, a concrete FREEHOLD residence in the heart of False Creek, one of Vancouver's most coveted waterfront communities. This 2 bed, 2 bath home offers 1260 sq ft of bright, open living, anchored by a sun filled solarium that makes a perfect den or home office. Move in ready with tasteful updates throughout. Steps from the seawall, Canada Line, Olympic Village, and Granville Island, this serene parklike setting feels worlds away yet minutes from everything. The building is meticulously maintained with a proactive strata, secure parking, storage, and onsite caretaker. Rare freehold ownership in a walkable waterfront community that rarely comes available. Sorry, no cats/dogs on this one. Call/Text to book your private showing today.
Property details
2
Beds
2 full
Baths
1,260 ft²
Floor area
1986
Year built
1
Storey
1
Parking
$631/mo
Strata fee
$3,430/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
Vancouver West
Area
False Creek
Sub-area
Basement
None
Structure
Multi Family
Property highlights
Waterfront
In-suite laundry
Underground parking
Building amenities
Caretaker
Hot water incl.
Features & inclusions
Heating
Baseboard, Electric
Parking
Garage Under Building
Interior features
Elevator, Storage
Laundry
In Unit
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
1,260 ft²
Tax year
2025
Listed by Oakwyn Realty Ltd.. Data from BCRES. Last updated Jul 7, 2026, 12:58 PM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $209,980 down (20%) on $1,049,900, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 3 km of this listing · 1,853 listings
Condo / Apartment
1,463
79.0%
Townhouse
173
9.3%
Detached
122
6.6%
Duplex
36
1.9%
Half-duplex
33
1.8%
Other
26
1.4%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Vancouver · 780 dwellings
Low-rise apartment400 · 51.3%
High-rise apartment380 · 48.7%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59153692· Vancouver· Transit 94/100 (288m to rapid)· 0.08 km²
Median rent here
$1,880
Owner shelter cost
$920
Renters
37.3%
30%+ on shelter
25.8%
Population (2021)
1,428
Median age
54.8
Avg household size
1.8
Avg household income
$106,600
Renters
37.3%
Owners
62.8%
Immigrants
41.8%
Post-secondary
79.6%
Avg home value
$1,156,000
Single status
19.6%
Not in labour force
38.8%
Households with kids
23.7%
Median rent
$1,880
Owner shelter cost
$920
30%+ on shelter
25.8%
Breakdown
Under $5,000
10
1.3%
$5,000 to $9,999
5
0.6%
$10,000 to $14,999
5
0.6%
$15,000 to $19,999
15
1.9%
$20,000 to $24,999
35
4.4%
$25,000 to $29,999
15
1.9%
$30,000 to $34,999
25
3.2%
$35,000 to $39,999
20
2.5%
$40,000 to $44,999
25
3.2%
$45,000 to $49,999
25
3.2%
$50,000 to $59,999
55
7.0%
$60,000 to $69,999
40
5.1%
$70,000 to $79,999
60
7.6%
$80,000 to $89,999
40
5.1%
$90,000 to $99,999
40
5.1%
$100,000 to $124,999
85
10.8%
$125,000 to $149,999
70
8.9%
$150,000 to $199,999
95
12.0%
$200,000 and over
125
15.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153692).
Market story
Rent in Vancouver
Census 2021 avg $1,880/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
