Welcome to False Creek - home to Granville Island, the Sea Wall, Charleson Park and one of the friendliest communities in the city. Bound by 6th Avenue to the south and the water itself to the north, the majority of the residential section of False Creek has limited access for cars, making it surprisingly peaceful for such a central location. Granville Island, with its many galleries and Emily Carr Institute of Art and Design, has drawn a large artistic community to the area. Retirees also enjoy the convenience of the "pedestrian" lifestyle, as so the many young families who have made this their home. The jewel in the crown is Granville Island Public Market equally used and enjoyed by both locals and tourists alike.  East of Cambie Bridge lies Olympic Village. 2012 looks like it will be the year when this community finally starts to come into its own with anchor retail tenants, Urban Fare and London Drugs both set to open their doors in February.    

Property Profile

The main choices in your property search in False Creek are:

1. Apartment vs. townhome
2. Reinforced concrete construction vs. wood framed construction
3. Leased land vs. fee simple/freehold land

The City of Vancouver has retained the freehold interest to the majority of the land in False Creek. Some of the leases were pre-paid originally by the developer - some were not. Many of the lease payments are under review in the next few years, so do your research and do not rule out the option of prepaying the lease early. At each end of False Creek there are a handful of buildings on freehold land. These command a premium, as most are also reinforced concrete construction.  

Olympic Village is starting to offer some real value too. The smaller non view suites will have stiff competition from the numerous new towers set to go in to the South and East of "The Village" in Mount Pleasant, but there will be little to match the larger Waterfront view suites anywhere in the city.     

Featured Buildings

Watch for listings in these buildings. They may not reach the market as frequently as some but are well worth waiting for:

The Harbour Cove. 1450/1470/1490 Pennyfarthing Drive. Prestigious concrete freehold strata with large contingency fund. Large suites with water views. Perfect for those downsizing from a house.

SEARCH 1450 HARBOUR COVE

SEARCH 1470 HARBOUR COVE

SEARCH 1490 HARBOUR COVE

Waterfall. 1540 West 2nd Avenue. Arthur Erickson inspired live work concrete lofts. Edgy, contemporary living, many with rooftop decks and city views.      

SEARCH WATERFALL

Links and Tips 

Parks/Recreation

• The Sea Wall - hugging the waterfront, this is the main pedestrian artery linking the residences to Granville Island and beyond to the beaches at Kitsilano, Jericho, and UBC


• Charleson Park - halfway along the Sea Wall in the heart of False Creek.

Shopping

• Granville Island - public market, boutique stores, galleries, restaurants/bars


• 2nd Avenue (1500 blk) - convenience stores, Starbucks, fast food.


• Stamps Landing - convenience store, pub, and restaurant


• Olympic Village - stores & restaurants opening monthly.