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$899,000

410 388 W 1ST AVENUE

Vancouver · MLS® R3122634

1 bed · 1 bath · 802 sq ft · 1 parking

Condo · Single Family · built 2009 · 148 days on market

Listed by James Hau, FaithWilson Christies International Real Estate

In the heart of False Creek, The Exchange stands as a quiet reminder of Vancouver´s past, thoughtfully reimagined for modern living. Once the city´s telephone exchange in 1911, this heritage landmark offers a refined collection of boutique residences where history is felt in every detail. Inside, a warm industrial palette unfolds exposed brick, polished concrete, & reclaimed Douglas fir beams rising beneath 9´2 ceilings, creating both scale & intimacy. The kitchen, finished in Italian Dada cabinetry with premium appliances, blends seamlessly into the living space, while a spa-inspired bath offers a frameless glass shower & separate tub. Outdoors, a 143 SF terrace extends the home into fresh air. 1 parking & 1 storage included. Above, a rooftop terrace with garden plots, BBQ & lounge

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 802 sq ft
Parking: 1
Year built: 2009
Property tax: $2,800 / yr
Strata fee: $506 / mo ($0.63 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 148
MLS®: R3122634

Above typical for the area (+9.9%)

Price per sq ft: $1,121 vs $1,020 median for condos in Vancouver for sale (2066)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 148 days

Listed now: 41 days; median for 2066 condos for sale; this one 148 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageYes
This address is on the Heritage Revitalization Agreement (Vancouver) as "Best Building". Exterior changes can need a heritage permit, and some heritage homes qualify for grants or incentives; the municipality can confirm.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Nearest public schools, by distance

Elementary Elsie Roy Elementary802 m
Elementary False Creek Elementary987 m
Secondary Sir Charles Tupper Secondary2.5 km
Secondary King George Secondary2.9 km

The nearest school isn't always the catchment school. The Vancouver School Board doesn't publish catchment maps; check this address with the VSB school locator. School locations: City of Vancouver open data.

$4,657/mo

Mortgage $3,917 · Tax $233 · Strata $506

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,917/ monthly

loan $719,200

25-year amortization

down payment20% · $179,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $455,857
property transfer tax: $15,980; BC general rate
cash to close: $195,780; down + PTT
total paid: $1,175,057

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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