This loft is in an ideal location and is easy to walk to major neighborhoods in Vancouver as well as to access the public transportation system.
Because of it's location, and because the air conditioning is a stand alone unit that requires a window to be open, it is noisy at night. So if you are a light sleeper like me and easily awakened by city noise then this isn't for you. However, if that doesn't bother you and location is most important to you, than it is an ideal place. I suspect that if the window was closed, it would have helped minimize the noise tremendously but it was hot during out stay and we need the AC to cool things off.
A word of caution, if you have a very early morning flight, the check out process and the public transportation system can be a little tricky. To check out, you need to return the key to a location that is about a 6 minute walk which isn't the issue. The challenge was trying to get a cab to the airport at 4 am. We SCHEDULED a cab to pick us up at the return key location but the cab never showed up.
The cabs were busy taking people home from the pubs at Yaletown, which borders this area. We ended up having to walk to the nearest train station (which wasn't open yet). Fortunately, it increased our chance of finding a taxi and we made it to the airport in time. If we had to wait for the train station to open, we would have likely missed our flight. So keep this in mind as you book your travel.
All in all, if you want to be able to access the best parts of Vancouver by foot or train, this is a very ideal location for you.