CONDOS FOR SALE

THE VILLAGE/FALSE CREEK

  • Downtown Suites Ltd. BBB Business Review

123 W 11th Avenue
Mount Pleasant VW Vancouver V5Y 1S8

$2,838,000
Residential beds: 5 baths: 4.0 4,154 sq. ft.

View of urban area featuring a mountainous background
Photo 1: 123 W 11th Avenue in Vancouver: Mount Pleasant VW Home for sale (Vancouver West)  : MLS®# R3062350
Photo 2: 123 W 11th Avenue in Vancouver: Mount Pleasant VW Home for sale (Vancouver West)  : MLS®# R3062350
Photo 3: 123 W 11th Avenue in Vancouver: Mount Pleasant VW Home for sale (Vancouver West)  : MLS®# R3062350
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3062350
Bedrooms:
5
Bathrooms:
4
Excellent investment or redevelopment opportunity in Mount Pleasant West. 123 W 11th Avenue offers five licensed suites, two currently tenanted, providing stable rental income. Well cared for by a long-time owner, the property has strong holding value and future potential under the city’s new multiplex zoning guidelines. With the upcoming Broadway Subway Station nearby, the area is poised for positive transformation. Features include mountain and water views from the second floor, a south-facing lot, and close proximity to shopping, restaurants, and transit—just one stop to downtown. Buy, rent, hold, or redevelop in one of Vancouver's most desirable and evolving neighborhoods.
Property Type:
Residential
Dwelling Type:
Other
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Living Area:
4,154 sq. ft.
Building Area - Total:
4,154 sq. ft.
Levels:
Two
Bedrooms:
5 (Above Grd: 5)
Bathrooms:
4.0 (Full:4/Half:0)
Taxes:
$9,437.24 / 2025
Lot Area:
6,534 sq. ft.
Lot Frontage:
49'6"
Lot Details:
49.5 x 132
Outdoor Area:
Fenced, Garden, Balcony
Plan:
VAP198
Construction Materials:
Frame Wood, Stucco, Wood Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
1,376 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
1,398 sq. ft.
Floor Area Fin - Total:
4,154 sq. ft.
Fireplaces:
0
Parking Features:
Open, Front Access, Side Access
Parking:
Open
Garden, Balcony
Garden
N.S. MOUNTAINS, WATER
Shopping Nearby
Smoke Detector(s)
2
Smoke Detector(s)
Refrigerator
Refrigerator, Stove
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
  • Photo 1: 123 W 11th Avenue in Vancouver: Mount Pleasant VW Home for sale (Vancouver West)  : MLS®# R3062350
    View of urban area featuring a mountainous background
  • Photo 2: 123 W 11th Avenue in Vancouver: Mount Pleasant VW Home for sale (Vancouver West)  : MLS®# R3062350
    Aerial view of property's location with nearby suburban area
  • Photo 3: 123 W 11th Avenue in Vancouver: Mount Pleasant VW Home for sale (Vancouver West)  : MLS®# R3062350
    View of home's exterior featuring roof with shingles
Listed by Macdonald Realty Westmar
Data was last updated October 29, 2025 at 04:40 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$2,389,000
Min list price:
$699,880
Max list price:
$3,998,000
Avg days on market:
35
Min days on market:
1
Max days on market:
287
Avg price per sq.ft.:
$1,134.07
These statistics are generated based on the current listing's property type and located in Mount Pleasant VW. Average values are derived using median calculations. This data is not produced by the MLS® system.
Nicholas Meyer
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Introducing The Village and False Creek

village 4The False Creek area was the industrial heartland of Vancouver through to the 1950s. It was home to many sawmills and small port operations, as well as the western terminus of the major Canadian railways. As industry shifted to other areas, the vicinity around False Creek started to deteriorate.

The present False Creek south was shaped by debates on freeways, urban renewal, and the rise of citizen participation in urban planning. A major public involvement and co-design process established public priorities for an accessible waterfront seawall; mixed-tenure housing including market condominiums, co-op and low-income housing and live-aboard marinas; and a vibrant waterfront market at Granville Island. The form and mix of development were revolutionary for Vancouver at the time. A third of the site was set aside for housing at 40 units/acre with the balance converted to park, waterfront and community uses. City policies and guidelines state the vision of a waterfront city where land and water combine to meet the environmental, cultural and economic needs of the City and its people in a sustainable, equitable, high quality manner.

The Village is located at Southeast False Creek (SEFC), the designation given to the neighbourhood bordered by Cambie, Main, West 2nd Avenue, and False Creek. The 2010 Olympic Village, for athlete housing and logistics of the Winter Olympics, is found here, at the centre of plans to see this neighbourhood developed into a residential area with housing and services for 11,000-13,000 people.

False Creek is a very popular marina and boating area for many different activities including dragon boating, canoeing, kayaking, public ferries, charter ships, and visiting pleasure boats.

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Two words best describe Nic, Consummate Professional. Nic get’s the job done, quickly, quietly and most effectively and that is all you can ask. Without knowing me, he set up several introductions with major property developers in Lower Mainland and helped me provide my investors several viable options to expand their portfolios.
I’ve known and worked with Nicholas for the past 20 years. When it comes to rental suites, nobody knows the market better than him. You will always be satisfied utilizing not only his services but his knowledge is incredible.




I have worked with Nic and His staff since 2005 and found him and his staff to be the BEST Property managers in Vancouver… My downtown clients swear by him as well…. Reliable, Dependable 1st Class

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Leadership qualities that set an example for others to aspire to. Building a lasting foundation of integrity in the marketplace. Nicholas, is a model for anyone to follow. Balancing a healthy lifestyle, with a successful business model in 2015.
All dealings with Nicholas have been businesslike and have reached a successful conclusion. Throughout our dealings he was honourable and ethical, making our relationship positively conclusive.I have known Nicholas for approximately 15 years.