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Building & Condo Information

Compass At The Village

123 WEST 1st Ave.

Vancouver, BC V5Y 0E2

Official Website: www.thevillageonfalsecreek.com
  • Levels9
  • Suites63
  • StatusCompleted
  • Built2010
  • Title to LandFreehold Strata
  • Strata PlanBCS3830
  • ConstructionConcrete
  • AreaVancouver West
  • NeighbourhoodFalse Creek
$909,900Avg Asking
4Sold (1yr)
$563,625Avg Sold
$983Avg $/Sqft

Overview

Compass - Village on False Creek - 123 West 1st Avenue, Vancouver, BC V5Y 0E2, Strata Plan No. BCS3830, 8 levels, 59 units, built 2010, crossing roads: West 1st Avenue and Manitoba Street.

Perched at the edge of False Creek with stunning views of downtown Vancouver and Science World, Village on False Creek is a 7 city blocks, mixed use phased development with 16 residential buildings that includes Kayak, a 185 unit complex at 1633 Ontario Street, 77 Walter Hardwick Avenue, and 12 Athletes Way; Bridge, a 119 unit complex at 1616 Columbia Street and 150, 160, and 170 Athletes Way; Compass, a 63 unit condo project at 123 West First Avenue; Brook, a 129 unit condo project at 181 West 1st Avenue; Sails, a 114 unit condo project at 1661 Ontario Street; Shoreline, a 35 unit condo project at 1625 Manitoba Street; 70,000 square feet of commercial space with future Aquabus Station, children's play areas, Creekside Community Recreation Center, and a dynamic Euro-style urban plaza including the restored red Salt Building.

Designed by Canada's renowned Arthur Erickson, in collaboration with Nick Milkovich Architects, Gomberoff Bell Lyon Architects, Lawerence Doyle Young + Wright Architects, Merrick Architecture and Walter Francl Architect Inc., this waterfront community showcases contemporary architecture marked by the steel facade, water features, professionally landscaped gardens with custom light fixture. Village on False Creek is LEED certified, and includes Eggersmann of Germany cabinetry, FSC certified solid hardwood floors, Eco-wool carpeting, composite stone countertops, sleek stainless steel appliances, and natural limestone bathrooms. Expansive floor-to-ceiling windows bring in natural light and large balconies provide extra space for outdoor living.

Residents at Village on False Creek have exclusive acess to the Gold Medical Club - a spectacular 6,500 square foot private clubhouse which includes indoor pool, hot tub, sauna, steam room and change rooms, fitness center, Co-op car sharing program, and hrybrid car-charging facility and great room lounges offered in each residential building. Also, residents can enjoy the Creekside Community Recreation Centre and its 18,000- square-feet acilities.

Village on False Creek is adjacent to Science World, across from Vancouver Seawall and the new Canada Line Olympic Village station, blocks away from Creekside Park, Main Street, and Chinatown, and within minutes drive away to downtown Vancouver, Yaletown, Granville Island, and English Bay. And with three skytrain stations, Vancouver International Airport, Richmond, and Burnaby are just minutes away.

AC/Cooling System Explanation at Olympic Village; "Capillary Tube Mat System" – it’s new innovative radiant technology - it's a mesh Polypropylene plastic tube water system with pipes 1-Rennie Marketing Systems cm in diameter. The mesh system is imbedded into the ceiling, In the suite you can either turn the switch on to heat or cool - there are 3 zones or thermostats in each unit. There are no vents. The access panel is in the storage room of most suites. The system is very energy efficient and is managed by Interpro, monthly bills for a 1000 sf suite are $75/mo, electricity is $30/mo, and Strata fees are $770/mo (Hot water and gas included) On each rooms thermostat there are indicators - when the red light is on - the system is working, when the green light is on, it's not working. The thermostats can either switch to "Heat or Cool"

 

Explanation on heating system

https://www.dropbox.com/scl/fi/p4z2p7cwmvsqie729q1da/13-AcAndOlympicVillageHeatingSystem.pdf?rlkey=0tbl5600wsa75mnnqk35fqqcs&dl=0

 

Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Compass At The Village specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

For Sale in Compass At The Village & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-07-15 310 123 W 1st Ave. Active 2 1 $939,900 ($1,152/sf) 816 $831 $2803 (2025) Redfin
2026-06-11 610 123 W 1st Ave. Active 2 1 $879,900 ($1,078/sf) 816 $832 $2803 (2025) eXp Realty of Canada, Inc.
Avg$909,900816

Compass At The Village Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-05-31 704 123 W 1st Ave. 1 1 574 $599,900 $579,500 ($1,010/sf) $580 $1940 (2025) eXp Realty
2026-04-25 604 123 W 1st Ave. 1 1 574 $594,900 $550,000 ($958/sf) $580 $1930 (2025) Rennie & Associates Realty Ltd.
2026-03-02 305 123 W 1st Ave. 1 1 568 $549,900 $540,000 ($951/sf) $580 $1899 (2025) Stilhavn Real Estate Services
2025-12-03 605 123 W 1st Ave. 1 1 577 $615,000 $585,000 ($1,014/sf) $580 $1930 (2025) RE/MAX Select Properties
2025-08-30 501 123 W 1st Ave. 1 1 663 $739,000 $721,000 ($1,087/sf) $641 $2259 (2024) Oakwyn Realty Ltd.
2025-07-03 706 123 W 1st Ave. 1 1 574 $622,000 $615,000 ($1,071/sf) $557 $1906 (2024) Macdonald Realty
2024-09-27 707 123 1st Ave. 1 1 575 $599,900 $623,000 ($1,083/sf) $557 $1906 (2024)

Sold data from the MLS® feed for strata plan BCS3830. Showing the last 24 months by default; expand for up to 80 recent sales.

Compass At The Village Market Summary

Compass At The Village at 123 WEST 1st Ave. — currently 2 active listings averaging $909,900. In the past year 4 units sold at an average of $563,625.

Active Listings2
Avg Asking Price$909,900
Sold (1 Year)4
Avg Sold Price$563,625
Avg $/Sqft$983

Value & Financing

Price Positioning
$1115 /sq ft
Active listings here average $1115/sf vs $1165/sf across False Creek.
4% below area average
Mortgage Snapshot
$4,214 /mo
Entry price (from)$879,900
20% down payment$175,980
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Market Reports

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Market data by RealtySuite

Property Documents

Site & Location Maps

Compass At The Village location map 1 Open Full View BCCondos & Homes© BC Condos & Homes
Compass At The Village location map 2 Open Full View BCCondos & Homes© BC Condos & Homes
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Compass At The Village location map 4 Open Full View PDF BCCondos & Homes© BC Condos & Homes
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Amenities / Features

Bike Room
Exercise Centre
In Suite Laundry
Pool; Indoor
Sauna/steam Room
Swirlpool/hot Tub
  • Indoor pool 
  • Hot tub
  • Sauna/Steam room
  • Change rooms
  • Fitness room 
  • Lounge

Maintenance Fees Include

Caretaker
Garbage Pickup
Gardening
Gas
Management
Recreation Facility
Snow Removal

Location / Site Influences

Shopping Nearby
Garden
Balcony
Central Location
Marina Nearby
Recreation Nearby

Construction & Development

ConstructionConcrete
Exterior FinishGlass
RoofOther
FoundationConcrete Perimeter
Rain ScreenFull
ArchitectArthur Erickson Architectural Corporation
DesignerB+H CHIL Design
MarketerRennie Marketing Systems
Management CompanyAscent Real Estate Management Corporation

Strata Information

Strata PlanBCS3830
Strata Web Sitewww.thevillageonfalsecreek.com/
Building TypeStrata
Title to LandFreehold Strata
Units in Strata63
Units in Development63
Management CompanyAscent Real Estate Management — 604-431-1800
Bylaws / RestrictionsNO RESTRICTIONS
Parking / StorageLimited Common Property

Frequently Asked Questions — Compass At The Village

What year was Compass At The Village built?
Compass At The Village was built in 2010.
How many units are in Compass At The Village?
Compass At The Village has 63 strata units across 9 levels.
What amenities does Compass At The Village offer?
BIKE ROOM, EXERCISE CENTRE, IN SUITE LAUNDRY, POOL; INDOOR, SAUNA/STEAM ROOM, SWIRLPOOL/HOT TUB.
Is Compass At The Village pet-friendly, and what are the bylaws?
Compass At The Village bylaws/restrictions: NO RESTRICTIONS.
Who is the property manager for Compass At The Village?
Compass At The Village is managed by Ascent Real Estate Management, 604-431-1800.
What is the strata plan number for Compass At The Village?
The strata plan number for Compass At The Village is BCS3830.
Is Compass At The Village freehold or leasehold?
Compass At The Village is FREEHOLD STRATA.
Where is Compass At The Village located?
Compass At The Village is located at 123 WEST 1st Ave. in Vancouver West, Vancouver.
How is the real estate market at Compass At The Village?
In the past year 4 units sold at Compass At The Village, averaging $563,625; there are currently 2 active listings for sale.

Sales Information

Sales Websitewww.thevillageonfalsecreek.com
Sales Phone604.733.2010
Sales Emailinfo@thevillageonfalsecreek.com
Sales Address1693 Manitoba Street Vancouver

Listings for Sale Near Compass At The Village 🔎 MLS® Search »

Active listings nearby80
Average price$1,309,964
From$499,000
Up to$5,998,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
112 W 1st Ave. 11895 $895,000
257 108 W 1st Ave. 11438 $528,000
310 123 W 1st Ave. 21816 $939,900
524 1783 Manitoba St. 11468 $520,000
602 1783 Manitoba St. 22999 $1,099,900
611 1783 Manitoba St. 11474 $548,000
220 1783 Manitoba St. 21685 $828,000
329 1783 Manitoba St. 21739 $815,000
908 1783 Manitoba St. 221002 $1,198,000
1404 138 W 1st Ave. 22931 $1,298,000
Photos
112 W 1ST AVENUE $895,000 112 W 1st Ave. · 1bd/1ba · 895sf 257 108 W 1ST AVENUE $528,000 257 108 W 1st Ave. · 1bd/1ba · 438sf 310 123 W 1ST AVENUE $939,900 310 123 W 1st Ave. · 2bd/1ba · 816sf 524 1783 MANITOBA STREET $520,000 524 1783 Manitoba St. · 1bd/1ba · 468sf 602 1783 MANITOBA STREET $1,099,900 602 1783 Manitoba St. · 2bd/2ba · 999sf 611 1783 MANITOBA STREET $548,000 611 1783 Manitoba St. · 1bd/1ba · 474sf 220 1783 MANITOBA STREET $828,000 220 1783 Manitoba St. · 2bd/1ba · 685sf 329 1783 MANITOBA STREET $815,000 329 1783 Manitoba St. · 2bd/1ba · 739sf 908 1783 MANITOBA STREET $1,198,000 908 1783 Manitoba St. · 2bd/2ba · 1002sf 1404 138 W 1ST AVENUE $1,298,000 1404 138 W 1st Ave. · 2bd/2ba · 931sf

Compass At The Village Area Map 🔍 Open larger map ↗