1470 Pennyfarthing Dr - False Creek South, Vancouver West Side
Harbour Cove 2 stands on Pennyfarthing Drive on the south shore of False Creek, the 1985 companion to its sibling, by the water. The seawall is at the doorstep, leading to Granville Island's public market and theatres one way and Vanier Park and Kits Beach the other, with the marina and the Aquabus ferries close by. For waterfront living beside Granville Island, Harbour Cove 2 is well placed.
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Harbour Cove 2
1470 Pennyfarthing Dr
False Creek South, Vancouver West Side, BC
V6J 4Y2
Year Built1985
Suites75
Pet PolicyNo Pets
Building Amenities & Photos
×❮❯
Walk Score & What's Nearby
84
Excellent
🚇Transit
19/255 min
🛒Grocery
19/257 min
🍽️Dining
15/205 min
🌳Parks
15/152 min
🎓Schools
11/156 min
Based on distance to nearest amenities.
🛒 Grocery
Harry's NOFRILLS Vancouver 7 min
La Win Supermarket 13 min
Loblaws City Market Vancouver Broadway 13 min
🌳 Parks
Creekside Park 2 min
Loup de mer 3 min
Seaforth Peace Park 4 min
🍽️ Dining
Triple O's 5 min
The Keg Steakhouse + Bar - Granville Island 6 min
The Sandbar Seafood Restaurant 7 min
🎓 Schools
PTIB - PTIRU Private College/institution help and more 6 min
Assessed value: City of Vancouver 2026 roll, all strata lots. Other figures: BC Assessment, 2026.
Harbour Cove 2 Assessed Value History
2006
$40.3M
2026
$71.2M
Change
+77%
20062026
Total building assessed value (land + improvements, all units) per City of Vancouver assessment rolls, 2006-2026.
Recent Building Permits at Harbour Cove 2
Dec 2025
Addition / Alteration · $880,000
Exterior alterations for targeted envelope repairs roof deck on 6th and 8th level of this existing multiple dwelling building on this site. OK for Field Review …
Sep 2023
Addition / Alteration · $7,500
Direct to Inspections - Addition / Alteration - #4 - 1450 Pennyfarthing Drive Interior alterations to provide improvements to dwelling unit #4 -1450 Pennyfarthi…
Feb 2023
Addition / Alteration · $120,000
Interior alterations to renovate the pool room in this existing multiple dwelling building. The scope includes to install pool chair lift, accessible ramp, new …
Aug 2017
Addition / Alteration · $60,000
#207 Interior alteration to furr out a wall in bedroom, change tub to shower, and replace enclosed balcony tiles with new tiles in this existing residential dwe…
Source: City of Vancouver issued building permits, open data. A history of permitted work is a sign of an actively maintained building.
About False Creek South
False Creek South lines the south shore of False Creek between the Granville and Cambie bridges, one of Vancouver's most distinctive waterfront communities. Built in the 1970s as a deliberate mixed-income experiment, it blends co-op and strata housing, low-rise condos, and even houseboat moorings along a continuous seawall, with Granville Island and its Public Market at the western end. The seawall is the spine - a flat walking and cycling path past marinas, Charleson Park, and the False Creek ferries that hop to Yaletown, downtown, and Science World. It's leafy, low-rise, and family-friendly, with the shops of Granville Island and South Granville close and the West Side's amenities up the slope. False Creek South suits anyone who wants a quiet, green, water's-edge setting beside Granville Island, with the seawall at the door and downtown a short ferry ride across the creek.
Per the 2026 City of Vancouver assessment roll, Harbour Cove 2 (all strata lots, land and improvements) has a total assessed value of $71,217,000.
How has Harbour Cove 2's value changed over time?
City of Vancouver assessment rolls show Harbour Cove 2's total assessed value went from $40.3M in 2006 to $71.2M in 2026 - a change of +77%.
Are there rentals available in Harbour Cove 2 right now?
Not at the moment, but units at Harbour Cove 2 come up regularly - join our waitlist or browse other False Creek South rentals and we'll notify you when one is listed.
