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.




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.

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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, many with water views. Perfect for those downsizing from a house.

The Island Cove. 1515 West 2nd Avenue. By the entry to Granville Island, concrete, freehold and affordable. 700 square feet and up. Decks with views from north facing suites.

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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

Duncan's Tips

Outside Links

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