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Condo building · False Creek

123 1st

2 homes are for sale at 123 1st in False Creek right now, with a median asking price of $909K.

2

For sale now

$607K

Median assessed value (2026)

$909K

Median asking price

$1,114

Median price / sq ft

$832

Median strata fee / month

2010

Year built

Median asking price is the middle asking price of the 2 homes for sale here. Median strata fee is the middle monthly strata figure among those homes — only listings that report a fee are counted, and a strata's official charges are in its Form B. Assessed values are BC Assessment's 2026 figures for all units in the building, not just homes for sale.

Building details

Pets
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Storeys
9
Parking
Underground, Guest, Garage Under Building, Garage Single, Rear Access, Concrete, Lane Access
Storage locker
Yes
Strata fee includes
Heat, Hot water
Property manager
Ascent
Homes for sale
2× 2 bed

Amenities

  • Trash
  • Gas
  • Hot Water
  • Management
  • Bike Room
  • Clubhouse
  • Exercise Centre
  • Recreation Facilities
  • Caretaker
  • Maintenance Grounds
  • Heat
  • Sauna/Steam Room
  • Snow Removal

Pet rules, parking, amenities and fee inclusions are as reported on recent MLS® listings for this building — the building's official bylaws are in its strata documents.

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Assessed values

BC Assessment values 61 units at 123 1st for 2026, from $581K to $1.19M, with a median assessed value of $607K.

Homes for sale here are currently asking about 50% above the median assessed value.

Getting around

  • SkyTrain
  • Main Street–Science World (Expo Line) · 560 m, 7 min walk
  • Olympic Village (Canada Line) · 810 m, 10 min walk
  • Stadium–Chinatown (Expo Line) · 980 m, 12 min walk
  • Nearby schools
  • Columbia College (mixed) · 870 m
  • Crosstown Elementary (elementary) · 870 m
  • The Westside School (mixed) · 890 m

Building permits nearby

  • 5 W 2ND AVENUE, Vancouver, BC V5Y 1B1 · 2025 · $51.38M projectCertified Professional Program - New Building - To construct a new a 19-storey (17-storey per Zoning & Development Bylaw) mixed-use residential building consi
  • 234 W 3RD AVENUE, Vancouver, BC V5Y 1G1 · 2023 · $17.69M projectCertified Professional Program - New Building - Construction of a 4 storey concrete mixed-use building over 2 levels of underground concrete parkade with access
  • 234 W 3RD AVENUE, Vancouver, BC V5Y 1G1 · 2024 · $1.8M projectField Review - Addition / Alteration - #400 - Entire 4th Floor Interior alterations for first tenant improvement of this office shell on the 4th floor (#400)
  • 215 W 1ST AVENUE, Vancouver, BC V5Y 1A6 · 2025 · $1.46M projectEnquiry Centre - Demolition / Deconstruction - Demolition and deconstruction of existing machinery building at 215 W 1st Avenue. Work to include salvage and sto

Frank on False Creek

You will find mostly condos here averaging around 900 square feet, which suits smaller households since only ten properties offer three or more bedrooms. Asking prices sit around $850,000, with homes generally built around 2010, though construction dates stretch from 1905 to 2021. Median strata fees hover near $640 a month, so I advise buyers to see exactly what that monthly cost covers and check warranty paperwork on the newer buildings.

All homes in False Creek

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