False Creek views with a fantastic Downtown location at Espana! This move-in ready 1 bedroom + den features a bright, functional layout and covered balcony overlooking the water and city. Inside, you'll find an open-concept kitchen and living area with wine fridge, a spacious den perfect for a home office, full 4-piece bathroom and in-suite laundry. Conveniently located just steps to the Seawall, SkyTrain, Rogers Arena, Costco, T&T, restaurants and shops. Espana is packed with amenities including concierge, indoor pool, hot tub, sauna, gym, theatre room, games room, library, playroom and clubhouse. Short-term rentals are permitted. Includes 1 parking stall and 1 storage locker. A great home or investment in a location that’s hard to beat.
Data was last updated September 18, 2026 at 01:40 PM (UTC)
Area Statistics
Listings on market:
378
Avg list price:
$765,450
Min list price:
$273,900
Max list price:
$6,990,000
Avg days on market:
46
Min days on market:
1
Max days on market:
729
Avg price per sq.ft.:
$1,023.83
These statistics are generated based on the current listing's property type
and located in
Downtown VW. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean?
In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.
Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.
What is the process of Foreclosure in BC Canada?
See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.
Demand letter.
Petition.
Order Nisi.
Judicial Sale.
Order Made After Application.
To see the detailed steps in a foreclosure proceeding. Please let me know.
Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.
Here’s a simple guide on how to buy a Foreclosure Home in BC
Search Foreclosure Listings BC
Find a Realtor to write an offer.
Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
The hearing of the application for order approving the sale.
