131 Water St, Vancouver, BC

A freehold property, built 1974 on a 2,421 m² HA-2 lot with a rear lane. Newer than 79% of the buildings on Water St.

Assessed 2026
$17,812,000
Zoning
HA-2
Lot
≈ 2,421 m²
Built
1974
2 serious1 to check5 notes
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What the records show for 131 Water St

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Street view

About 131 Water St

Assessed at $17,812,000 for 2026 (−9% on 2025). Assessed higher than 76% of the houses on Water St. The land is 90% of the value. The lot is larger than 80% of the lots in Downtown. 3 building permits since 2017. The latest, from Jun 2026: addition or alteration, multiple dwelling, restaurant - class 1, parking garage, retail store ($60,000,000). Inside the floodplain. On the Heritage Register. School catchment: šxʷwəq̓ʷəθət Crosstown Elementary and Britannia Secondary. Waterfront Station is 370 m away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.
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Assessment history of 131 Water St

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2026$17,812,000
Down 31% since 2021
20212026

Permits on this lot · 3 since 2017

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Jun 2026 · Addition or alteration, multiple dwelling, restaurant - class 1, parking garage, retail store$60,000,000
2 more permits in the full report

The lot and zoning

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Area≈ 2,421 m²
ZoningHA-2
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 131 Water St
Elementary catchmentšxʷwəq̓ʷəθət Crosstown Elementary
Secondary catchmentBritannia Secondary
Alexander Academy504 m
Crosstown Elementary636 m
The Westside School881 m
Victory Square321 m
Pioneer Place (Pigeon Park)347 m

How catchments work

Transit near 131 Water St
Nearest SkyTrain: Waterfront (Canada Line, Expo Line, SeaBus, WCE)370 m
Westbound W Cordova St @ Abbott St · 50140 m
Eastbound W Cordova St @ Homer St · 209, 210, 211, 214, 3, 4, 50, 7, 8, N8191 m
Westbound W Hastings St @ Abbott St · 14, 16, 20, 3, 8, N20, N35, N8245 m

Bus routes within 400 m: 3, 4, 5, 7, 8, 10, 14, 16, 17, 19, 20, 22, 44, 50, 209, 210, 211, 214, N15, N19, N20, N24, N35, N8, R5, WCE

Street, trees and terrain
City street trees in front2 · Norway Maple, Bloodgood Plane Tree
Ground elevation≈ 4 m above sea level
Elevation change across the siteabout 1 m
Nearest arterial roadWater St, 34 m
SkyTrain guideway387 m
Railway line23 m
Truck route123 m
Noise by-law areaSchedule C (Refuse Collection hours in Downtown area)

Crime near 131 Water St

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Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

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Within 300 m in the last two years: 1 new-building permit and 2 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Downtown, the City issued 11 new-building permits and 13 demolition permits in the last two years. About the neighbourhood

Questions about 131 Water St

What is 131 Water St assessed at?

$17,812,000 for 2026, from BC Assessment through the City’s property tax report.

When was 131 Water St built?

In 1974, according to BC Assessment.

What is the zoning of 131 Water St?

It is zoned HA-2 under the Vancouver Zoning and Development By-law. More

What can be built at 131 Water St?

It is in a historic area district (HA-2). The district schedule sets the number of homes, height and floor area. More

Is 131 Water St in a floodplain?

Yes. It is inside a floodplain designated by the City: Designated Floodplain (FCL 4.6m). More

Is 131 Water St on the Heritage Register?

Yes. It is listed on the Vancouver Heritage Register. More

What building permits has 131 Water St had?

The City has issued 3 permits since 2017. The latest, from Jun 2026: addition or alteration ($60,000,000). More

Which schools serve 131 Water St?

Elementary: šxʷwəq̓ʷəθət Crosstown Elementary. Secondary: Britannia Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 131 Water St?

Waterfront Station is 370 m away in a straight line.

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Other addresses on Water St

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Checked against City of Vancouver open data on October 21, 2026. How we check · Data sources · Glossary