1038 Park Dr, Vancouver BC - Townhouse for Sale - MLS# R3143812

61 days on the market
$1,498,000
Est. Mortgage $6,627/mo
Listing updated:
EstateBlock checked:
Oak + Park
3 Beds
3 Baths
1612 sqft
929 $ /sqft
535.22 $ Maint. fee
2019 built
61 days on the market
$1,498,000
Est. $6,627/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1038 Park Drive

Over $200k under assessment! Inside unit with basement! Over 1600 sqft interior, 3 bed and 2.5 bath townhouse with a flex room, TWO parking spots, PLUS a storage locker. RARE gem that won't last long. Diagonally across the street from the brand new $91 million Marpole Oakridge Community Centre, opening in 2026! School catchment: David L. George Elementary & Churchill Secondary. Heatpump air conditioning to keep you cool in the summer and warm in the winter, gas cooking stove top for real cooking. Inside unit tucked away from the traffic yet convenient to commute from. Patio space at the front and the back, along with a generously sized patio outside the master bedroom. Basement opens directly to your side by side parking spots. A storage locker too!

Interior Features

Basement Finished Area (sqft) 324
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Storage
Heating Type Heat Pump, Natural Gas, Radiant
Cooling Central Air, Air Conditioning
# of Kitchens 1
Flooring Laminate, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Attached

Building Details

Price $1,498,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1612
Year Built 2019
Age Of Building 7
Building Type Townhouse
Property Type Residential
Stories 4
Building Amenities Maintenance Grounds, Management, Snow Removal
Building Name Oak + Park
Ownership Type Freehold Strata
Maintenance Fee $535.22
Amenities Nearby Maintenance Grounds, Management, Snow Removal
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Lane Access, Side Access, Concrete, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None
Units In Development 40

Lot & Land

MLS® # R3143812
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Postal Code V6P 0H9
Gross Taxes $5,700.2
Zoning RM-8

Property Timeline

Status Date Price
R3143812 / Active 07-07-2026 $1,498,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Below Flex Room 13'9 x 13'9 ft
Main Level Living Room 9'10 x 9'10 ft
Main Level Dining Room 11'1 x 11'1 ft
Main Level Kitchen 9'10 x 9'10 ft
Above Level Bedroom 12'2 x 12'2 ft
Above Level Bedroom 8'9 x 8'9 ft
Abv Main 2 Primary Bedroom 11'2 x 11'2 ft
Above Level Den 7'9 x 7'9 ft
Above Level Laundry 3'0 x 3'0 ft
Bathrooms
Floor Ensuite Pieces
Above Main 2 Yes #4
Above Level No #4
Main Level No #2

Listed by: RE/MAX City Realty & RE/MAX City 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.

Map & Neighbourhood

Public Schools

Elementary
David Lloyd George Elementary School
Average 0.62 km 6.5/10
Secondary
Sir Winston Churchill Secondary School
Above Average 0.77 km 8.1/10

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
Above Average 1.2 km 9.4/10
Secondary
Royal Canadian College
Average 1.16 km 5.6/10

Closest Transit

Bus Stop
Southbound Oak St @ Park Dr
0.05 km
Skytrain
Skytrain @ Marine Drive Stn
1.11 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 39.1%
No Certificate/Degree
Below Average 11.3%
Owner Occupied
Below Average 41%
Employment Rate
Above Average 72.7%

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

Sell Speed & Competition

43 / 100
Overall sell-speed score
May take longer
B
Price competition grade
Avg comparable: $1,512,980
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.11 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MARPOLE compares
This property
61 DOM
Average
Marpole avg
56 DOM
Average
Vancouver avg
56 DOM
Faster market

1038 Park Drive has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 1% below comparable active properties in Marpole, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.1% and an area average of 56 days on market — buyers have more leverage. With only 216 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6P 0H9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6P 0H9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~3.5 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (33 nearby)

  • Applause · 380 m · Restaurant
  • Parm'z pizza factory ltd. · 426 m · Fast Food
  • Chuan yue · 434 m · Restaurant

Shopping (23 nearby)

  • Hive hair spa · 362 m · Hairdresser
  • Mario's barber shop · 423 m · Hairdresser
  • Armadillo · 690 m · Clothes

Cafes (5 nearby)

  • Krepa cafe · 717 m · Cafe
  • Bubble bear cafe · 750 m · Cafe
  • Butterfly tea & dessert · 757 m · Cafe

Groceries (2 nearby)

  • M.e concept cakes · 690 m · Bakery
  • Safeway · 933 m · Supermarket

Healthcare (2 nearby)

  • Boomer drugs · 931 m · Healthcare
  • Pharmasave · 944 m · Healthcare

Transit (1 nearby)

  • Bus stop southbound oak st @ w 72 ave · 997 m · Transit

Schools NearBy

25 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Sir Wilfrid Laurier Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

599 m

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.5 / 10

Distance

618 m

Sir Winston Churchill Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
8.1 / 10

Distance

768 m

des Colibris

Public

Grades Served

Catchment Info

9.9 / 10

Distance

875 m

Royal Canadian College

Independent

Grades Served

9-12

Catchment Info

5.6 / 10

Distance

1.16 KM

St. Anthony of Padua

Independent

Grades Served

K-7

Catchment Info

9.4 / 10

Distance

1.20 KM

Vancouver Montessori School

Independent

Grades Served

K

Catchment Info

9.6 / 10

Distance

1.25 KM

J.W. Sexsmith Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

1.52 KM

Dr Annie B Jamieson Elementary

Public

Grades Served

Catchment Info

8.3 / 10

Distance

1.61 KM

Dr. Annie B. Jamieson Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

1.64 KM

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.66 KM

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.89 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

0

Distance

2.18 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

2.19 KM

Magee Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

2.23 KM

Maple Grove Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.23 KM

Vancouver College

Independent

Grades Served

K-12

Catchment Info

8.6 / 10

Distance

2.44 KM

Pierre Elliott Trudeau Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.46 KM

Rose-des-vents

Public

Grades Served

Catchment Info

7.5 / 10

Distance

2.46 KM

Robert J. Tait Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.50 KM

Secondaire Jules-Verne

Public

Grades Served

Catchment Info

7.5 / 10

Distance

2.53 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

2.62 KM

John Henderson Elementary School

Public

Grades Served

K-7

Catchment Info

4.7 / 10

Distance

2.74 KM

St. Andrew's

Independent

Grades Served

K-7

Catchment Info

7.9 / 10

Distance

2.90 KM

St Andrew's

Independent

Grades Served

Catchment Info

7.9 / 10

Distance

2.91 KM

Pre-computed routes from 1038 Park Dr, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Marine Drive → Waterfront
    33 min
  • Metrotown, Burnaby via Marine Drive → Metrotown
    51 min
  • SFU Burnaby via Marine Drive → Production Way
    58 min
  • Richmond Centre via Marine Drive → Brighouse
    24 min
  • YVR Airport via Marine Drive → YVR-Airport
    25 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    10 min
  • Metrotown, Burnaby via Lougheed Hwy
    11 min
  • SFU Burnaby via Gaglardi Way
    19 min
  • Richmond Centre via No. 3 Rd
    6 min
  • YVR Airport via Bridgeport / Sea Island
    5 min

Calculate your commute

1038 Park Dr, Vancouver, BC is ideally located for commuters. The property is 1.1 km from Marine Drive, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Oak St @ Park Dr (0.05 km). Walk Score Transit rating: Good Transit (66/100).

Walkability & Transit Near 1038 Park Drive

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 66

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
62

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 1038 Park Drive

2026 assessed value, sourced from City of Vancouver open data (PID 030-783-071).
Total Assessed Value (2026)
$1,713,000
-6.3% YoY
-3.3%/yr over 4 yr
2022 Value Trend 2026
Land
$1,418,000
Buildings
$295,000
Year Built
2019
Class
Residential
Zoning
RM-8
Property Tax
$5,762
Year Land Improvements Total Assessed YOY Change
2026 $1,418,000 $295,000 $1,713,000
-6.3%
2025 $1,514,000 $314,000 $1,828,000
-2.2%
2024 $1,548,000 $322,000 $1,870,000
-3.1%
2023 $1,598,000 $332,000 $1,930,000
-1.3%
2022 $1,595,000 $361,000 $1,956,000

Mortgage Calculator for 1038 Park Drive

/month
Principal & Interest
Property Taxes $475
Maintenance fee 535.22
With a 20% down payment, buyers can expect an estimated $6,731/month in total housing costs on this $1,498,000 property — $5,721 mortgage payment, $475 property tax, $535 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%
Cap Rate
Cash on Cash
Based on $4,269/month estimated rent and $6,795/month in total housing costs, this property has a -$2,526/month cashflow. Break-even down payment: approximately 56%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1038 Park Drive, Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Marpole, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,498,000
Vancouver Loading...
Marpole Loading...

Based on 17 comparable active townhouses in Marpole, the average asking price is $1,513,772. 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1038 Park Drive

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 66

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
62

Bike Score - Bikeable

Some bike infrastructure

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