553 8575 Rivergrass Dr, Vancouver, BC, MLS® R3072595

$799,800
Est. Mortgage /mo

$799,800
Est. Mortgage /mo
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
2 Beds
2 Baths
1 Stories
$ 473.66 Maint. Fee
831 sqft
2022 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

553 8575 Rivergrass Dr, Vancouver, BC | MLS® R3072595 Property Details

Experience elevated living at Avalon 3 by Wesgroup, located in the heart of Vancouver’s vibrant River District. This bright & airy 2-bedroom, 2-bath residence boasts an open-concept layout with soaring ceilings & contemporary wide-plank flooring throughout. The chef-inspired kitchen showcases premium JennAir appliances, sleek quartz countertops, & an oversized island perfect for casual dining or entertaining. Designed for year-round comfort, the home features efficient heating & cooling with integrated air conditioning. Includes one parking stall. Residents enjoy exclusive access to resort-style amenities including a stunning outdoor pool, hot tub, fully equipped gym, & social lounge. Just steps from trendy eateries, everyday essentials, & picturesque riverside trails!

General Info

Price $799,800
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 831
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2022
Age Of Building 3
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3072595
Area Vancouver East
Neighbourhood South Marine
City Vancouver
Gross Taxes $2,485.27
Ownership Type Freehold Strata
Maintenance Fee $473.66
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Heat Pump
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite
View -
View Description -
Units In Development 329
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: RE/MAX Crest Realty & RE/MAX Crest Realty

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.

Neighborhood Info

Public Schools

Elementary
Champlain Heights Community Elementary School
1.71 km
Secondary
Killarney Secondary School
2.49 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
3.15 km
Secondary
Vancouver Formosa Academy
3.42 km

Closest Transit

Bus Stop
Eastbound Sawmill Cres @ River District Crossing
0.15 km
Skytrain
Skytrain @ Metrotown Stn
2.89 km

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

Welcome to the charming community of River District, where you'll find the beautiful property located at 553 8575 Rivergrass Drive, Vancouver, BC, listed as MLS® R3072595. As we explore this lovely neighborhood, I'd like to share with you some valuable insights that will make you feel right at home.

First, let's talk about education. The property is serviced by the highly-rated Champlain Heights Community Elementary School, which is a mere 1.71 km away. This school has earned a reputation for providing a nurturing environment that fosters academic excellence and social growth. Families love this area because of its commitment to education and the strong sense of community that surrounds it.

In addition to Champlain Heights, the property is also close to Killarney Secondary School, a renowned institution that offers a wide range of academic programs and extracurricular activities. With a rating of No Rating, this school is dedicated to helping students reach their full potential.

If you're looking for alternative education options, you'll be pleased to know that Qawsain Knowledge House, an independent elementary school, is just 3.15 km away from the property. This school offers a unique approach to learning that emphasizes critical thinking and creativity.

For secondary education, Vancouver Formosa Academy, another independent school, is approximately 3.42 km from the property. This school provides a supportive environment that encourages students to explore their interests and passions.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. While there were 52,217 disturbance incidents in the area, the good news is that the crime rate has decreased by 14.94% compared to previous years.

Regarding drug-related crimes, the neighborhood has an Average rating, with 1,604 lawbreaking incidents reported in 2020. The year-over-year change in the ranking is 1.58%.

Property crimes in the area are Above Average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. However, it's reassuring to know that the property misconduct rate has decreased by 20.80% compared to previous years.

Violent crimes in the area are Below Average, with a rating of 1,311.69 and 9,168 incidents reported in 2020. The year-over-year change in the violent crime rate is 3.53%.

Now, let's discuss the transportation options in the area. The closest bus station, Eastbound Sawmill Cres @ River District Crossing, is just 0.15 km away from the property, making it convenient for commuters to get around the city.

In terms of demographics, the neighborhood has a High percentage of university certificate holders, with 35.1% of the population possessing a degree or higher. This is above the average in British Columbia. On the other hand, 12.4% of the population in the area has no certificate or degree, which is Below Average compared to the average in BC.

The median household income in the area is $76,826, which is Above Average compared to the British Columbia average. The median personal income is $34,432, which is Average compared to the BC average. 62.7% of households in the area have a mortgage, which is Above Average.

The unemployment rate in the area is 4.1%, which is Low compared to other provinces.

The population growth rate in the area between 2011 and 2016 was 12.8%, which is High compared to the average growth rate of the region.

The population density in the area is 2,930 people per square kilometer, which is Above Average. The average size of families in the area is 2.8, which is Below Average compared to the whole region. 66.4% of families in the area have children, which is Above Average.

The average age of the population in the area is 42, which is Average compared to other BC cities.

The average value of dwellings in the area is $762,082, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,445 on average for the dwelling. Tenants are paying $1,182 in the area, which is Above Average compared to other cities.

Finally, 35.4% of the population in the area are renters, which is Above Average compared to other BC cities.

As you can see, the River District neighborhood offers a unique blend of education, safety, and lifestyle amenities that make it an attractive choice for homebuyers. With its convenient transportation options, diverse demographics, and stunning natural beauty, this area is sure to captivate anyone who calls it home.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $799,800
Vancouver $1,114,219
South Marine $789,037
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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