Canal Station in Ballard, Seattle

Seattle Condo Buildings

Canal Station

A late-2000s Ballard condominium south of Market Street, within walking distance of the Ship Canal and Ballard’s restaurant core.

Ballard · Seattle

Building Highlights

Built
2007
Residences
169 homes
Neighborhood
Ballard
Building Type
Mid-rise condominium
Market
Seattle

The Building Story

Getting to know Canal Station

Canal Station at 5440 Leary Way NW delivered its first phase of 169 homes in 2007 as a six-story mid-rise. Continental Properties describes the broader Canal Station project as multiphase, which is why the community reads larger than a single building.

Canal Station building exterior
Canal Station building exterior

The building at a glance

Its own place in the city

A late-2000s Ballard condominium south of Market Street, within walking distance of the Ship Canal and Ballard’s restaurant core.

Building character

The architectural story

The setting is south of Market Street along Leary, within walking distance of the Ship Canal and Ballard's restaurant core, and slightly removed from the busiest retail blocks. Reported shared facilities include a fitness center, business and conference center, an outdoor jacuzzi and BBQ area, and a community lounge with kitchen.

Life in the building

What residents share

The building's reported shared features include Fitness center, Business / conference center, Outdoor jacuzzi and BBQ area, Community lounge with kitchen. Availability, hours and use rights should be confirmed with the association.

The residences

How the homes can differ

The floor plan, orientation, light, privacy and any conveyed outdoor space can make two homes in Canal Station feel very different.

Good to know

Before choosing a home here

  • Compare the exact floor plan, natural light and outlook for each home.
  • Confirm the parking, storage and other rights that convey with the residence.
  • Review current HOA financials, maintenance plans and association rules before buying.

Homes for Sale

Currently available at Canal Station

Explore available homes, photography and pricing from the live NWMLS feed.

Pinnacle GroupLuke Bartlett

Listing data is provided by Northwest Multiple Listing Service (NWMLS) through IDX Broker. Information is deemed reliable but not guaranteed and must be independently verified.

Building amenities

  • Fitness center
  • Business / conference center
  • Outdoor jacuzzi and BBQ area
  • Community lounge with kitchen

Amenities are reported in public building and listing sources. Confirm current access, reservations, fees, and any parking or storage assignment with the association.

Rental & Leasing

Leasing at Canal Station

Rental cap
Current HOA documents required
Minimum lease
Current HOA documents required
Short-term rentals
Current HOA documents required
More rental details
Cap status / waitlist
Current HOA documents required
Subleasing
Current HOA details required
Lease / registration
Current HOA details required
Rental / move-in fees
Current HOA details required
Background checks
Current HOA details required
Source status
Needs verification
Last verified
September 1, 2026

Leasing rules and availability may change. Confirm current terms with the condominium association before purchasing or leasing.

What Buyers Should Know

Due-diligence checklist

  • Resale certificate
  • Reserve study
  • Budget and financial statements
  • Insurance
  • Assessments
  • Capital projects
  • Litigation
  • Rental rules
  • Owner occupancy
  • Financing / warrantability
  • Parking and storage rights
  • View / future development
  • Building systems and age

What Sellers Should Know

Who you compete with

Sellers compete with current same-building inventory, similar stacks, floor height, views, parking, condition, amenities and nearby buildings.

Work with Luke

Considering a condo at Canal Station?

Association rental and leasing rules, rental caps, current cap availability, waitlists, minimum lease terms, fees and short-term-rental policies can change at any time. Information should be independently verified through the current resale certificate, declaration, rules and regulations, association management and applicable City of Seattle requirements before purchase or lease.