False Creek consists mainly of City of Vancouver Leasehold and Co-op buildings, which is a different structure of ownership that can be tough to get into, though there are some great freehold buildings as well. If the price of an older building close to the water in False Creek seems too good to be true, it’s likely a Leasehold or Co-op property.
Olympic Village consists of new condo buildings, generally built since about 2010 and more recent. You’ll find some luxury units on the waterfront and some typical new condo units as you pull away from the Seawall. The area features new amenities like the Creekside Community Centre, new restaurants like Tap & Barrel and CRAFT, the Seawall and a buzzing atmosphere of residents who are looking to build community in a new area of town.