2007 488 SW Marine Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R3124921

$529,000
Est. Mortgage $2,340/mo
Marine Gateway
1 Beds
1 Baths
548 sqft
965 $ /sqft
374.22 $ Maint. fee
2015 built
$529,000
Est. $2,340/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 2007 488 SW Marine Drive

MARINE GATEWAY, the ultimate in convenient living with direct access to the Canada Line Skytrain and shopping right at your doorstep. This charming 1 bedroom residence is the most desirable floorplan in the building with city & mountain views boasting plenty of natural light. Live and Invest in this award-winning, LEED Gold community by PCI Development. Imagine not having to go out into the rain to get your groceries, watch a movie, or getting on the train! Walk out to T&T Supermarket, Shoppers, Banks, Cineplex, Restaurants & Cafes. Just a quick skytrain ride to YVR Airport, Richmond, Oakridge & Downtown. Amenities include a fireside lounge, luxurious kitchen, business centre, caretaker lounge, rooftop play & BBQ area. MUST SEE VIRTUAL TOUR!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Fireplace 0
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground, Balcony
View Description City and Mountain!
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $529,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 548
Year Built 2015
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Building Name Marine Gateway
Ownership Type Freehold Strata
Maintenance Fee $374.22
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100

Lot & Land

Lot Size Depth Feet
MLS® # R3124921
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Postal Code V5X 0C6
Gross Taxes $1,952.05
Zoning CD-1

Property Timeline

Status Date Price
R3124921 / Active 05-19-2026 $529,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'7 x 14'7 ft
Main Level Dining Room 7'0 x 7'0 ft
Main Level Kitchen 7'11 x 7'11 ft
Main Level Bedroom 12'2 x 12'2 ft
Main Level Foyer 3'8 x 3'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Rennie & Associates Realty Ltd. & Rennie & Associates Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
J.W. Sexsmith Community Elementary School
0.92 km
Secondary
Sir Winston Churchill Secondary School
1.34 km
Elementary
J.W. Sexsmith Community Elementary School
0.92 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Anthony of Padua
1.64 km
Secondary
Royal Canadian College
0.36 km

Closest Transit

Bus Stop
Marine Drive Station @ Bay 2
0.07 km
Skytrain
Skytrain @ Marine Drive Stn
0.08 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
36.9%
No Certificate/Degree
Average
12.6%
Owner Occupied
Below Average
47.5%
Employment Rate
Average
65.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2007 488 SW Marine Drive

BC Assessment Value — 2007 488 SW Marine Drive

2026 assessed value, sourced from City of Vancouver open data (PID 029-650-089).
Total Assessed Value (2026)
$566,000
-9.6% YoY
-2.6%/yr over 4 yr
2022 Value Trend 2026
Land
$399,000
Buildings
$167,000
Year Built
2015
Class
Comprehensive Development
Zoning
CD-1 (523)
Property Tax
$1,904
Year Land Improvements Total Assessed YOY Change
2026 $399,000 $167,000 $566,000
-9.6%
2025 $441,000 $185,000 $626,000
-0.8%
2024 $445,000 $186,000 $631,000
-1.9%
2023 $453,000 $190,000 $643,000
+2.1%
2022 $437,000 $193,000 $630,000

Mortgage Calculator for 2007 488 SW Marine Drive

/month
Principal & Interest
Property Taxes $163
Maintenance fee 374.22
Based on a 30-year fixed at 4% interest with 20% down ($105,800), the estimated monthly payment for this listing is $2,557/month — $2,020 principal & interest, $163 property tax, $374 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,010/month, this property runs a $599/month shortfall after mortgage and carrying costs. Break-even requires approximately 44% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Marpole, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $529,000
Vancouver Loading...
Marpole Loading...

Based on 24 comparable active apartments/condos in Marpole, the average asking price is $602,592. This listing is priced 12.2% below the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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