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1540 W 2nd Ave - The Waterfall 1,008 SF Retail Condo Unit Offered at $1,388,000 CAD in Vancouver, BC V6J 1H2

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INVESTMENT HIGHLIGHTS

  • Owner-Occupier Loft Style Space: Flexible live/work zoning suitable for service-based businesses, retail, office, or service uses.
  • Retail & Lifestyle Amenities: Surrounded by premier retailers and daily convenience around False Creek Neighborhood including Granville Island, Kits.
  • Polished concrete floors, glass walls, and high ceilings for abundant natural light.
  • Transit & Accessibility: Situated between the future skytrain stations at Arbutus and Oak-VGH.
  • Award-winning building by Canadian architect Arthur Erickson, built in 2001.
  • Part of a vibrant creative and entrepreneurial community.

EXECUTIVE SUMMARY

Located at the gateway to Granville Island, this architecturally iconic Arthur Erickson–designed live/work loft offers a rare opportunity for both owner-occupiers and investors. Currently operated as an upscale salon, the space combines contemporary design, flexible zoning, and unbeatable location. The opportunity here is endless: Move in and operate your own business in a ready-to-use space. Invest and lease out for steady income. Benefit from unique live/work zoning adaptable for retail, service-based businesses, or office use. Enjoy a private ground-level patio with high visibility and exposure.

PROPERTY FACTS

Total Building Size 87,250 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 5
Typical Floor Size 15,356 SF
Year Built 2000
Lot Size 0.54 AC
Zoning C-2B - Commercial

1 UNIT AVAILABLE

Unit 307

Unit Size 1,008 SF
Price $1,388,000 CAD
Price Per SF $1,376.98 CAD
Condo Use Retail
Sale Type Investment or Owner User
No. Parking Spaces 1
APN/Parcel ID 025-151-436
DESCRIPTION

Perfect for owner-occupiers and investors alike, this live/work loft development is a modern landmark at the gateway to Granville Island. Inside the ground floor unit, you will find polished concrete floors, soaring ceilings, and walls of glass that bring in an abundance of natural light. The live/work zoning adds flexibility,  making these lofts as functional as they are stylish. Currently owner-operated as an upscale hair salon.

Beyond the architecture, this property is all about location and lifestyle. Granville Island Market, the seawall, and some of Vancouver’s best dining and galleries are just steps away. The building is home to a creative, entrepreneurial community that values design and connection.

Opportunities here are rare, and they go quickly. If you have been waiting for a true West Coast loft experience, this is it.

SALE NOTES

Square footage is based on professional remeasurement. Buyers to verify if deemed necessary.

Main Floor - Storefront Area
Main Floor - Flex Area
307-1540 West 2nd Avenue, Vancouver, BC Floor Plan
Mezzanine
Aerial View

+1 More

Patio
View Photo Main Floor - Storefront Area
View Photo Main Floor - Flex Area
View Photo 307-1540 West 2nd Avenue, Vancouver, BC Floor Plan
View Photo Mezzanine
View Photo Aerial View
View Photo Patio

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 45 - -
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38905073

  • Date on Market: 2025-12-26

  • Last Updated:

  • Address: 1540 W 2nd Ave, Vancouver, BC V6J 1H2

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