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21 1201 Lamey's Mill Road
False Creek Vancouver V6H 3S8

$749,000
Residential beds: 1 baths: 2.0 1,057 sq. ft. built: 1980

Main Photo: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 1: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 2: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 3: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 4: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 5: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 6: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 7: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 8: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 9: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 10: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 11: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 12: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 13: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 14: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 15: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 16: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 17: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 18: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 19: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 20: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 21: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 22: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Photo 23: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3042688
Bedrooms:
1
Bathrooms:
2
Year Built:
1980
Experience the best of Vancouver living in this beautifully renovated townhome with 1,057 sqft over 3 floors. Located in a boutique waterfront building surrounded by mature gardens, this home offers expansive views of False Creek. The prime seawall location is perfect for morning jogs or dog walks, with Granville Island, Olympic Village, and Charleson Park just steps away. The property features a home office with built-in workspace, in-suite laundry, fireplace, and two private outdoor spaces: a main-level balcony + secluded rooftop sundeck. Includes 1 parking & storage locker. Pets & rentals are permitted w/ restrictions. Some images have been digitally staged. Lease to 2040. Option to extend to 2060. ALL OFFERS SUBJECT TO APPROVAL OF THE SUPREME COURT OF B.C.
Property Type:
Residential
Dwelling Type:
Townhouse
Home Style:
Two Levels
Ownership:
Leasehold prepaid-Strata
Common Interest:
Condominium
Manufactured Type:
Year built:
1980 (Age: 45)
Living Area:
1,057 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
1,057 sq. ft.
Levels:
Two
Rainscreen:
Bedrooms:
1 (Above Grd: 1)
Bathrooms:
2.0 (Full:1/Half:1)
Kitchens:
Rooms:
Taxes:
$3,255.47 / 2025
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcony
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
VAS691
Name of Complex/Subdivision:
Alder Bay Place
Construction Materials:
Frame Wood, Stucco
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
2.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
883 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
1,057 sq. ft.
Heating:
Fireplaces:
1
Fireplace Details:
Wood Burning
Parking Features:
Garage Under Building, Side Access
Parking:
Garage Under Building
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
1 / 1
Flood Plain:
Suite:
Balcony
Laundry In Unit
MARINA AND FALSE CREEK
Trash, Maintenance Grounds, Management
Laundry In Unit
In Unit
Floor
Type
Size
Other
Below
Main
Main
Main
Above
Above
Floor
Ensuite
Pieces
Other
Below
Above
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Association Fee:
$616.68
Age Restrictions:
No
By-Law Restrictions:
Pets Allowed With Restrictions
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Leased Description:
SCHEDULE A
Fixtures Removed:
Fixtures Removed Description:
SCHEDULE A
Pets Allowed:
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Cats:
Cats OK
Dogs:
Dogs OK
# Units in Development:
47
Home Owners Association:
Yes
Previous Price:
Original Price:
Land Lease:
Yes
Land Lease Expiration Year:
2040
Zoning:
Access to property:
Utilities:
Electricity Connected, Water Connected
Telephone Service:
Fencing:
Sewer:
Public Sewer, Sanitary Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
  • Photo 1: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
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  • Photo 2: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
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  • Photo 4: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
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  • Photo 8: 21 1201 Lamey's Mill Road in Vancouver: False Creek Townhouse for sale in "Alder Bay Place" (Vancouver West)  : MLS®# R3042688
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Listed by Macdonald Realty
Data was last updated September 10, 2025 at 06:40 PM (UTC)
Area Statistics
Listings on market:
103
Avg list price:
$899,000
Min list price:
$499,900
Max list price:
$2,450,000
Avg days on market:
51
Min days on market:
1
Max days on market:
841
Avg price per sq.ft.:
$1,123.94
These statistics are generated based on the current listing's property type and located in False Creek. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Foreclosure Listings in British Columbia

Commercial Real Estate Listings

Navigating Foreclosure: Options and Strategies for Sellers

Foreclosure can be a daunting and distressing experience for sellers who cannot meet their mortgage obligations. However, it’s crucial to remember that various options and strategies are available to sellers facing foreclosure. Here are some practical steps and alternatives that sellers can consider to mitigate the impact of foreclosure on their property and financial well-being.

Understanding the Foreclosure Process

To effectively navigate foreclosure, sellers need to have a clear understanding of the foreclosure process. This section will provide a step-by-step overview of how foreclosure works, highlighting key milestones and timelines involved. By grasping the process, sellers can better prepare themselves and make informed decisions.

11 Critical Steps in the Foreclosure Processes

  1. Demand letter
  2. Petition
  3. Affidavits
  4. Appearance
  5. Notice of hearing of petition
  6. Order Nisi
  7. Certificate of pending litigation
  8. Redemption period
  9. Order for conduct of sale
  10. Order made after application (order approving sale)
  11. Order absolute

Exploring Alternatives to Foreclosure

Foreclosure is not the only option for sellers facing financial difficulties. There are various alternatives that sellers can consider to avoid foreclosure. These alternatives may include loan modification and refinancing.

Engaging with Professionals

Sellers facing foreclosure can significantly benefit from seeking professional guidance. It is essential working with experienced real estate agents, foreclosure specialists, and legal professionals who can provide valuable insights and assistance throughout the process. We will provide tips on finding reliable professionals and discuss how they can help sellers negotiate with lenders, understand legal implications, and explore available options.

Investing in Foreclosure Properties in British Columbia, Canada: A Lucrative Opportunity

Foreclosure properties in British Columbia, Canada, present a unique investment opportunity for savvy investors. With the potential for substantial discounts and attractive returns, these properties can be a lucrative addition to your real estate portfolio. We will explore the benefits, considerations, and essential tips for investing in foreclosure properties in British Columbia.

Understanding the Foreclosure Process in British Columbia: Before diving into the world of foreclosure property investing, it’s crucial to have a solid understanding of the foreclosure process in BC, including the stages involved, legal procedures, and timelines. By familiarizing yourself with the process, you can navigate it effectively and make informed investment decisions.

The Advantages of Investing in Foreclosure Properties: Investing in foreclosure properties offers several advantages for real estate investors. From potential discounts on market value to the opportunity for significant returns through renovation and resale, foreclosure properties can provide a pathway to profitability. Additionally, we will discuss how foreclosure properties can be an excellent option for first-time investors looking to enter the real estate market.
Essential Tips for Successful Foreclosure Property Investing: To make the most of your investment in foreclosure properties, it’s necessary to approach the process with knowledge and preparation.

  • Conducting thorough research: Understand the local market conditions, property values, and trends in different neighbourhoods of British Columbia to identify the most promising opportunities. Click here to learn how to find foreclosure listings in Vancouver.
  • Engaging professionals: Collaborate with experienced realtors, foreclosure specialists, and legal professionals who can provide valuable insights and guidance throughout the investment process.
  • Assessing property condition: Conduct a comprehensive inspection of the foreclosure property to evaluate its condition, potential repairs, and renovation costs.
  • Financing options: Explore financing options for purchasing foreclosure properties, including traditional mortgages, private lenders, or leveraging your existing assets. Understanding the financial aspects is crucial for successful investing.
  • Calculating risks and rewards: Evaluate the potential risks associated with investing in foreclosure properties, such as title issues or hidden costs, and balance them against the potential rewards.

Investing in foreclosure properties in British Columbia, Canada, offers an enticing opportunity for real estate investors. By understanding the foreclosure process, leveraging the advantages, and following essential tips, you can position yourself for success in this market. Conduct thorough research, seek professional advice, and carefully evaluate each investment opportunity to maximize your returns.

Resources:

Sam Huang PREC
H & S Real Estate Group
Real Estate Coal Harbour
RE/MAX Select Properties
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