False Creek homes for sale

What does a home cost in False Creek?

False Creek has 63 active MLS® listings. The median asking price is $848K, with homes listed from $65K to $4.20M. That is about 39% below the Vancouver median of $1.39M. Figures reflect current asking prices on active listings, refreshed hourly, not sold prices.

What types of homes are for sale in False Creek?

Condo / Apartment listings make up 81% of what is for sale in False Creek (51 of 63 listings), with a median asking price of $840K. Townhouse listings are next at 16%, typically asking $912K.

How does False Creek compare to other areas?

For context across the region: Whalley (median $549K), Willoughby Heights (median $837K), Abbotsford West (median $700K). False Creek carries the highest median asking price of this group. Comparing a few adjacent areas is often the fastest way to see whether a listing is priced with its street or against it.

What kind of homes are in False Creek?

Almost everything for sale in False Creek is apartment living: 81% of the current listings are condos. Buyers here are choosing a floor plan and a building, not a lot.

The next largest group is townhouses, at 16% of what is listed.

Construction dates are spread out. The median home for sale dates to 2010, with most of the market falling between 1983 and 2018, so condition and updates vary a lot from listing to listing.

What do you actually get for the money?

The most common listing is a 1-bedroom home, and 53% of what is for sale has one bedroom or fewer. This is a market built for singles, couples and downsizers more than for growing families.

A typical listing here offers about 866 sq ft of living space and 1 bathrooms.

Secured parking comes with most units: 95% of listings include a garage or parkade stall.

Strata or freehold?

95% of the homes for sale in False Creek are strata-titled, so monthly fees, depreciation reports and bylaws are part of almost every offer you write here.

Across the 61 listings that disclose one, the median strata fee is $587 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around False Creek

Rapid transit reaches part of the area: 27% of listings are near a station, while 41% are on a frequent bus route.

Across 50 scored listings the median walk score is 69 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.

Cycling scores better than walking in a lot of the city, and it does here too: the median bike score across scored listings is 87.

Setting and surroundings

41% of the homes for sale are close to the water, so seawall and beach access is part of what buyers are paying for.

16% of the listings fall near a top-ranked school catchment, which tends to hold value in this part of the market even when the wider market cools.