411 8508 Rivergrass Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R3088648

$549,900
Est. Mortgage $2,433/mo
1 Beds
1 Baths
539 sqft
1020 $ /sqft
383.4 $ Maint. fee
2020 built
$549,900
Est. $2,433/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 411 8508 Rivergrass Drive

Welcome to Unit 411 at 8508 Rivergrass Drive located in the heart of the vibrant River District community. This thoughtfully designed 1 bedroom + flex home offers a functional and spacious layout with a peaceful courtyard view. The open-concept kitchen features stainless steel appliances, quartz countertops, and under-cabinet lighting, flowing seamlessly into the living room area ideal for both everyday comfort and entertaining. The versatile flex room works beautifully as a home office or extra storage. The bathroom is finished with a luxurious soaker tub and in-floor heating for year-round comfort. Enjoy unparalleled convenience with direct access to waterfront walking and hiking trails, and just steps to grocery, pharmacy, banks and restaurants. Showings after 5pm M-F & anytime Sat/Sun

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator, Guest Suite, Storage
Heating Type Natural Gas, Radiant
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $549,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 539
Year Built 2020
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Other
Ownership Type Freehold Strata
Maintenance Fee $383.4
Amenities Nearby Exercise Centre, Other
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Strata Restrictions No Restrictions,Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions

Lot & Land

MLS® # R3088648
Area Vancouver East
Neighbourhood South Marine
City Vancouver
Postal Code V5S 0H7
Gross Taxes $1,615.26
Zoning CD-1

Property Timeline

Status Date Price
R3088648 / Active 02-10-2026 $549,900
Rooms
Floor Type Dimensions
Main Level Living Room 10'7 x 10'7 ft
Main Level Kitchen 12'3 x 12'3 ft
Main Level Bedroom 9'0 x 9'0 ft
Main Level Den 6'6 x 6'6 ft
Main Level Foyer 7'6 x 7'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Oakwyn Realty Northwest

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
Champlain Heights Community Elementary School
1.67 km
Secondary
Killarney Secondary School
2.48 km

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

Private Schools

Elementary
Qawsain Knowledge House
3.17 km
Secondary
Vancouver Formosa Academy
3.4 km

Closest Transit

Bus Stop
Eastbound Sawmill Cres @ River District Crossing
0.19 km
Skytrain
Skytrain @ Metrotown Stn
2.82 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
35.1%
No Certificate/Degree
Below Average
12.4%
Owner Occupied
Average
62.7%
Employment Rate
Above Average
66.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 411 8508 Rivergrass Drive

BC Assessment Value — 411 8508 Rivergrass Drive

2026 assessed value, sourced from City of Vancouver open data (PID 030-988-748).
Total Assessed Value (2026)
$480,000
-7.3% YoY
-1.2%/yr over 4 yr
2022 Value Trend 2026
Land
$334,000
Buildings
$146,000
Year Built
2019
Class
Comprehensive Development
Zoning
CD-1 (565)
Property Tax
$1,615
Year Land Improvements Total Assessed YOY Change
2026 $334,000 $146,000 $480,000
-7.3%
2025 $360,000 $158,000 $518,000
-1.7%
2024 $366,000 $161,000 $527,000
+0.4%
2023 $365,000 $160,000 $525,000
+4.2%
2022 $339,000 $165,000 $504,000

Mortgage Calculator for 411 8508 Rivergrass Drive

/month
Principal & Interest
Property Taxes $135
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($109,980), the estimated monthly payment for this listing is $2,618/month — $2,100 principal & interest, $135 property tax, $383 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 $2,089/month, this property runs a $583/month shortfall after mortgage and carrying costs. Break-even requires approximately 43% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — South Marine, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $549,900
Vancouver Loading...
South Marine Loading...

Based on 39 comparable active apartments/condos in South Marine, the average asking price is $555,481. This listing is priced 1% 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $4,187
0 of 17 missions

Sign up on Estateblock.com

$209 / 5%

Buy with us & save on this property

Similar Condos for Sale in South Marine

Recently Sold Homes Near 411 8508 Rivergrass Drive