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Building & Condo Information

Waterfall

1540 WEST 2nd Ave.

Vancouver, BC V6J 1H2

Official Website: thewaterfallbuilding.com/

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

1Sold (1yr)

$922,000Avg Sold

$1,030Avg $/Sqft

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.

🔍 5 photos · slideshow

Waterfall

📞 604.671.7000 Contact

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

For Sale in Waterfall & Complex

There are no active MLS® listings in this building right now — see the Sold History 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 last 24 months by default; expand for up to 80 recent sales.

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

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Vancouver Condo Market Reports

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Market data by RealtySuite

Property Documents

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

Location, Street View & Aerial

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Site & Location Maps

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Amenities / Features

Bike Room

Elevator

In Suite Laundry

Storage

Insuite Laundry
Storage Room
Bike Storage
Elevator

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

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.

Sales Information

Sales Website	thewaterfallbuilding.com/

Listings for Sale Near Waterfall 🔎 MLS® Search »

Active listings nearby80

Average price$1,167,851

From$439,000

Up to$2,928,900

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
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
605 1510 W 1st Ave.	2	2	1009	$825,000
405 1502 Island Park Walk	1	1	954	$848,000
409 1680 W 4th Ave.	1	1	673	$699,000
207 1680 W 4th Ave.	2	2	895	$799,000
404 1562 W 5th Ave.	2	1	838	$799,999
404 1470 Pennyfarthing Dr.	2	2	1440	$1,099,000
103 1470 Pennyfarthing Dr.	2	2	1470	$1,295,000
205 1529 W 6 Ave.		1	623	$639,000
301 1450 Pennyfarthing Dr.	3	2	1558	$1,295,000
305 1450 Pennyfarthing Dr.	2	2	1274	$925,000
801 1530 W 6th Ave.	2	2	1043	$1,949,900
43 1425 Lamey''s Mill Rd.	1	1	950	$598,800
10 1425 Lamey''s Mill Rd.	2	2	1340	$750,000
1003 2323 Fir St.	2	2	1171	$2,928,900
402 2323 Fir St.	2	2	715	$1,324,900
301 2323 Fir St.	2	2	867	$1,628,900
904 2323 Fir St.	3	2	1295	$2,769,900
701 2288 Pine St.	2	2	1176	$1,258,000
1648 W 7th Ave.	2	2	1011	$1,098,800
1303 1428 W 6th Ave.	2	2	1465	$1,988,800
1301 1428 W 6th Ave.	2	2	1115	$1,299,000
103 1365 W 4th Ave.	1	1	727	$679,000
411 2201 Pine St.	2	2	1205	$1,198,000
805 1530 W 8 Ave.	2	3	1465	$2,095,000
1001 1438 W 7th Ave.	3	3	1979	$1,678,000
1 1386 W 6th Ave.	1	1	683	$669,800
3 1355 W 4th Ave.	1	1	874	$619,900
Ph7 1827 W 3rd Ave.	2	2	1097	$950,000
216 1777 W 7th Ave.		1	475	$589,000
342 1777 W 7th Ave.	2	2	705	$919,000
232 1777 W 7th Ave.	1	1	604	$736,000
210 1777 W 7th Ave.	2	1	856	$1,148,800
131 1777 W 7th Ave.	1	1	556	$719,000
1355 W 7th Ave.	2	2	1544	$1,199,000
306 1345 W 4th Ave.	3	2	996	$999,000
21 1345 W 4th Ave.	1	1	874	$649,000
505 1819 W 5th Ave.	2	3	1437	$2,198,000
407 1333 W 7th Ave.	1	1	634	$648,000
1330 W 7th Ave.	2	3	1136	$1,075,000
202 1867 W 3rd Ave.	2	1	790	$739,000
403 1818 W 6th Ave.	2	2	851	$898,000
1314 W 7th Ave.	2	3	1310	$1,399,000
203 1858 W 5th Ave.	1	2	858	$899,000
804 1355 W Broadway	2	2	1275	$998,000
303 1877 W 5th Ave.	2	2	1008	$1,188,000
302 1877 W 5th Ave.	1		680	$650,000
407 1476 W 10th Ave.	1	1	621	$499,999