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1540 W 2nd Ave - The Waterfall 1,008 SF Retail Condo Unit Offered at $1,299,000 CAD in Vancouver, BC V6J 1H2
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 025-151-436 |
| No. Parking Spaces | 1 |
| 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.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 307 | 1,008 SF | Retail | $1,299,000 CAD ($1,288.69 CAD/SF) | - |
Unit 307
| Unit Size |
| 1,008 SF |
| Condo Use |
| Retail |
| Price |
| $1,299,000 CAD ($1,288.69 CAD/SF) |
| NOI |
| - |
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Map
Unit 307
| Unit Size | 1,008 SF |
| Condo Use | Retail |
| Price | $1,299,000 CAD ($1,288.69 CAD/SF) |
| NOI | - |
| 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.<br> <br> 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. <br> <br> Opportunities here are rare, and they go quickly. If you have been waiting for a true West Coast loft experience, this is it.</li></ul> | |
| Sale Notes | |
| Square footage is based on professional remeasurement. Buyers to verify if deemed necessary.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 87,250 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 15,356 SF |
| Property Subtype | Apartment | Year Built | 2000 |
| Building Class | B | Lot Size | 0.54 AC |
| Zoning | C-2B - Commercial | ||
| 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 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 45 | - | - |
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1540 W 2nd Ave - The Waterfall
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