WELCOME TO THE PENTHOUSE at Les Terraces, one of West Vancouver’s most exclusive waterfront residences. This spectacular 5,300 sq. ft. home blends timeless elegance with a sophisticated New York-inspired flair. Beautifully renovated by Bradner Homes in 2015 and meticulously maintained, it showcases exquisite millwork, coffered ceilings, and breathtaking panoramic ocean views. The stunning primary suite is among the finest you’ll find in any condominium, complemented by an impressive billiards and entertainment room with a full bar. Offering 3 bedrooms, 2 dens, and over 2,300 sq. ft. of outdoor living space, including a remarkable 1,600 sqft private rooftop terrace, this is a rare opportunity to own one of West Vancouver’s premier waterfront penthouses
Property details
3
Beds
3 full + 2 half
Baths
5,299 ft²
Floor area
1990
Year built
2
Storeys
3
Parking
$5,448/mo
Strata fee
$42,476/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
2
Fireplaces
West Vancouver
Area
Dundarave
Sub-area
Basement
None
Structure
Multi Family
Property highlights
Ocean view
Waterfront
Rooftop deck
Balcony
Gym
Concierge
Building amenities
Caretaker
Gas included
Hot water incl.
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Hot Water, Radiant
Parking
Garage Double, Front Access
Lot
Central Location, Private, Recreation Nearby, Ski Hill Nearby
Interior features
Elevator, Storage
Community
Independent living, Shopping Nearby
Additional details
Common interest
Condominium
Levels
Two
Main floor (ground)
2,918 ft²
Tax year
2024
Listed by The Partners Real Estate. Data from BCRES. Last updated Jun 26, 2026, 9:01 AM.
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 $2,479,600 down (20%) on $12,398,000, 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 · 328 listings
Detached
212
64.6%
Condo / Apartment
90
27.4%
Townhouse
11
3.4%
Land
6
1.8%
Duplex
4
1.2%
Other
5
1.5%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
$12,398,000 is 1119.1% above the West Vancouver Apartment HPI benchmark of $1,017,000 (2026-04-01).
On a 7 to 10 year hold, price discovery vs the area benchmark drives outcomes. Today's price sits 1119.1% above the GVR HPI for this segment.
Weak value signals·21/100
Weak value signals, score 20.6 of 100Based on 6 of 9 signals · score likely 0 to 43.4
Area benchmark trend
West Vancouver apartment benchmark price (GVR MLS® HPI), last 12 months
Price history accruingRound-number price anchor
Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.
Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · West Vancouver · 340 dwellings
High-rise apartment285 · 83.8%
Single-detached30 · 8.8%
Semi-detached15 · 4.4%
Low-rise apartment10 · 2.9%
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 #59150027· West Vancouver· Transit 76/100 (182m to frequent)· 0.16 km²
Median rent here
$2,440
Owner shelter cost
$1,580
Renters
36.2%
30%+ on shelter
42.0%
Population (2021)
514
Median age
73.0
Avg household size
1.5
Avg household income
$162,000
Renters
36.2%
Owners
63.8%
Immigrants
38.2%
Post-secondary
68.9%
Avg home value
$3,840,000
Single status
12.0%
Not in labour force
67.0%
Households with kids
10.1%
Median rent
$2,440
Owner shelter cost
$1,580
30%+ on shelter
42.0%
Breakdown
Under $5,000
10
2.9%
$10,000 to $14,999
10
2.9%
$15,000 to $19,999
10
2.9%
$20,000 to $24,999
15
4.3%
$25,000 to $29,999
10
2.9%
$35,000 to $39,999
10
2.9%
$40,000 to $44,999
10
2.9%
$45,000 to $49,999
20
5.8%
$50,000 to $59,999
15
4.3%
$60,000 to $69,999
20
5.8%
$70,000 to $79,999
25
7.2%
$80,000 to $89,999
15
4.3%
$90,000 to $99,999
20
5.8%
$100,000 to $124,999
25
7.2%
$125,000 to $149,999
10
2.9%
$150,000 to $199,999
30
8.7%
$200,000 and over
90
26.1%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59150027).
Market story
Rent in West Vancouver
Census 2021 avg $2,440/mo here · Vancouver 3BR rent (est) 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
