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Building & Condo Information

Waterfall

1540 WEST 2nd Ave. Vancouver, BC V6J 1H2, Canada

Active Listings Amenities Construction Strata Property Documents Location Sales Kit Market Report

★ Building Specialist

Les Twarog

RE/MAX Crest Realty RE/MAX

BC Condos and Homes Team

30+ Years Downtown & Westside Expert

604.671.7000 les@6717000.com

Official Website: thewaterfallbuilding.com

Levels6
Suites45
StatusCompleted
Built2001
Title to LandFreehold Strata
Strata PlanLMS4510
ConstructionConcrete
AreaVancouver West
NeighbourhoodFalse Creek

🔍 5 photos · slideshow

For Sale in Waterfall & Complex

There are no active MLS® listings in this building right now — see nearest listings below.

Waterfall Sold History (last 24 months)

Sold Date	Address	Bed	Bath	Sqft	Asking	Sold Price	DOM	Strata Fee	Tax	Listed By
2025-10-10	516 1540 W 2nd Ave.	1	1	895	$949,900	$922,000 ($1,030/sf)		$671	$2875 (2025)	Oakwyn Realty Ltd.
2025-02-19	Ph610 1540 W 2nd Ave.	2	3	1955	$2,550,000	$2,425,000 ($1,240/sf)		$1264	$6969 (2024)	Framework Marketing Inc.
2024-12-17	302 1540 2nd Ave.	1	1	873	$1,049,000	$1,000,000 ($1,145/sf)		$600	$2630 (2024)
2023-12-14	513 1540 2nd Ave.	1	2	883	$1,349,000	$1,223,809 ($1,386/sf)		$656	$3213 (2022)	Century 21 In Town Realty
2023-04-25	202 1540 2nd Ave.	1	1	814	$849,800	$830,000 ($1,020/sf)		$608	$2362 (2022)	Regent Park Realty Inc.
2023-03-05	504 1540 2nd Ave.	1	1	820	$828,000	$835,000 ($1,018/sf)		$544	$2103 (2022)	Macdonald Realty
2022-01-16	508 1540 W 2nd Ave.	1	1	963	$1,348,000	$1,340,000 ($1,391/sf)	103	$576	$3392 (2021)	Blu Realty
2021-12-08	514 1540 W 2nd Ave.	1	1	799	$860,000	$840,000 ($1,051/sf)	8	$507	$2508 (2021)	RE/MAX Crest Realty
2021-08-10	Ph 610 1540 W 2nd Ave.	2	3	1955	$2,099,900	$2,060,000 ($1,054/sf)	6	$1083	$6173 (2020)	RE/MAX Crest Realty
2021-04-19	501 1540 W 2nd Ave.	1	1	797	$899,000	$890,000 ($1,117/sf)	7	$459	$2358 (2020)	Rennie & Associates Realty Ltd.
2021-03-10	601 1540 W 2nd Ave.	2	1	1444	$1,449,000	$1,425,000 ($987/sf)	2	$918	$4544 (2020)	RE/MAX Crest Realty
2020-11-15	302 1540 W 2nd Ave.	2	1	810	$899,900	$870,000 ($1,074/sf)	52	$477	$3073 (2020)	Royal LePage - Wolstencroft
2020-07-24	508 1540 W 2nd Ave.	1	1	963	$1,350,000	$1,335,000 ($1,386/sf)	9	$576	$2970 (2020)	Sunstar Realty Ltd.

Sold data from the MLS® feed for strata plan LMS4510. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

Waterfall Market Summary

Waterfall at 1540 WEST 2nd Ave. — In the past year 1 unit sold at an average of $922,000.

Active Listings0

Sold (1 Year)1

Avg Sold Price$922,000

Avg $/Sqft$1,030

Overview

Waterfall at 1540 West 2nd Avenue, Vancouver, BC V6J 1H2 - LMS4510. Building with 45 units over 6 levels, was built in 2001. Located in False Creek area of Vancouver West, near the intersection of West 2nd Avenue and Fir Street. Some of the features offered by Waterfall include elevator, bike room, in-suite laundry, storage and parking.

This building is located right near the Entrance of Granville Island. 41 suites, concrete, steel, and glass construction Mixed used, live/work condos and lofts

"The Waterfall" offers a distinctly central Westside location - around the corner from Granville Island and minutes away from both the False Creek seawall and all unique shops of West 4th. One of a kind live/work space with unbelievable view of North Shore and Downtown. Over 670sf of roof top deck that has 36 degrees view. A wonderful neghbourhood and a great place to entertain. Walk run or cycle to Granville Market, Emily Carr, seawall to Kitsilano Beach, parks, recreation, easy transit to downtown and UBC, Granville Island at your fingertips! Come and enjoy the best of False Creek living, amid lush landscaping and pedestrian walkways connecting to the Seawall.

Close to Canadian Tourism College, Henry Hudson Elementary, Century High School, False Creek Elementary School and Lord Tennyson Elementary. Also nearby to Granville Loop Park, Sutcliffe Park, Seaforth Peace Park and Vanier Park.

Amenities / Features

Bike Room

Elevator

In Suite Laundry

Storage

Maintenance Fees Include

Gardening

Heat

Hot Water

Management

Location / Site Influences

Central Location

Marina Nearby

Recreation Nearby

Shopping Nearby

Construction & Development

Construction	Concrete
Exterior Finish	Concrete
Roof	Other
Foundation	Concrete Perimeter
Architect	Arthur Erickson Architectural Corporation
Marketer	Macdonald Realty
Management Company	First Service Residential

Strata Information

Strata Plan	LMS4510
Strata Web Site	thewaterfallbuilding.com
Building Type	Strata Live/Work Homes,Strata Lofts
Title to Land	Freehold Strata
Units in Strata	45
Units in Development	42
Management Company	First Service Residential — 604-683-8900
Bylaws / Restrictions	PETS ALLOWED W/REST.,RENTALS ALLOWED
Parking / Storage	Garage; Underground

Property Documents

📐 Floor Plans (64) 🔒 » 📐 Floor Plates (6) 🔒 » 📗 Property Sales Kit »

Market Reports

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Market data by RealtySuite

Location, Street View & Aerial

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Site & Location Maps

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Waterfall

📞 604.671.7000 Contact

Frequently Asked Questions — Waterfall

What year was Waterfall built?

Waterfall was built in 2001.

How many units are in Waterfall?

Waterfall has 45 strata units across 6 levels.

What amenities does Waterfall offer?

BIKE ROOM, ELEVATOR, IN SUITE LAUNDRY, STORAGE.

Is Waterfall pet-friendly, and what are the bylaws?

Waterfall bylaws/restrictions: PETS ALLOWED W/REST.,RENTALS ALLOWED.

Who is the property manager for Waterfall?

Waterfall is managed by First Service Residential, 604-683-8900.

What is the strata plan number for Waterfall?

The strata plan number for Waterfall is LMS4510.

Is Waterfall freehold or leasehold?

Waterfall is FREEHOLD STRATA.

Where is Waterfall located?

Waterfall is located at 1540 WEST 2nd Ave. in Vancouver West, Vancouver.

How is the real estate market at Waterfall?

In the past year 1 unit sold at Waterfall, averaging $922,000.

Les Twarog & Team

RE/MAX Crest Realty · Your Waterfall specialist

Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

📞 604.671.7000 ✉️ Email 💬 Text

Sales Information

Sales Website	thewaterfallbuilding.com

Listings for Sale Near Waterfall 🔎 MLS® Search »

Active listings nearby80

Average price$1,135,425

From$32,000

Up to$11,500,000

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
607 1508 Mariner Walk	2	2	1034	$768,800
508 1508 Mariner Walk	2	2	1010	$668,800
1545 W 3rd Ave.				$11,500,000
103 1833 Anderson St.			650	$119,000
1523 Mariner Walk	2	3	1569	$1,599,000
202 1551 Mariner Walk	2	2	1062	$898,000
1596 Island Park Walk	3	3	2268	$2,088,000
303 1510 W 1st Ave.	1	1	839	$599,900
405 1502 Island Park Walk	1	1	954	$798,000
602 1490 Pennyfarthing Dr.	2	2	1468	$1,269,000
108 1490 Pennyfarthing Dr.	1	1	1012	$625,000
304 1490 Pennyfarthing Dr.	2	2	1431	$1,249,000
409 1680 W 4th Ave.	1	1	673	$699,000
207 1680 W 4th Ave.	2	2	895	$880,000
205 1470 Pennyfarthing Dr.	2	2	1503	$1,178,000
103 1470 Pennyfarthing Dr.	2	2	1470	$1,295,000
2121 Granville St.			3125	$299,000
205 1529 W 6th Ave.		1	623	$599,000
1525 W 6th Ave.			775	$32,000
801 1530 W 6th Ave.	2	2	1043	$1,949,900
2203 Granville St.			1293	$1,998,000
1738 W 2nd Ave.			1068	$1,290,000
1528 W 6th Ave.	3	3	1647	$2,599,900
106 1477 Fountain Way	2	1	920	$619,000
401 1485 W 6th Ave.	3	2	1592	$1,568,000
10 1425 Lamey's Mill Rd.	2	2	1340	$750,000
43 1425 Lamey's Mill Rd.	1	1	950	$598,800
1004 1483 W 7th Ave.	2	2	1494	$2,198,000
1003 2323 Fir St.	2	2	1171	$2,928,900
11618 Confidential			1400	$148,000
111112 Confidential			1400	$148,000
904 2323 Fir St.	3	2	1295	$2,769,900
301 2323 Fir St.	2	2	867	$1,628,900
402 2323 Fir St.	2	2	715	$1,324,900
701 2288 Pine St.	2	2	1176	$1,188,000
1301 1428 W 6th Ave.	2	2	1115	$1,249,800
1003 1650 W 7th Ave.	1	1	626	$728,000
103 1365 W 4th Ave.	1	1	727	$649,000
805 1530 W 8 Ave.	2	3	1465	$2,095,000
1001 1438 W 7th Ave.	3	3	1979	$1,678,000
803 1438 W 7th Ave.	1	1	824	$699,000
403 1530 W 8th Ave.	2	2	983	$1,028,000
1 1386 W 6th Ave.	1	1	663	$669,800
102 1541 W Broadway			1400	$95,000
7 1355 W 4th Ave.	2	2	1140	$969,000
2 1777 W 7th Ave.	2	2	791	$1,049,000
216 1777 W 7th Ave.		1	475	$589,000
216 1777 W 7th Ave.		1	475	$569,000
226 1777 W 7th Ave.	1	1	501	$619,900
342 1777 W 7th Ave.	2	2	705	$919,000