1508 108 E 1st Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3146850

53 days on the market
$1,200,000
Est. Mortgage $5,309/mo
Listing updated:
EstateBlock checked:
Meccanica
2 Beds
2 Baths
984 sqft
1220 $ /sqft
702.41 $ Maint. fee
2014 built
53 days on the market
$1,200,000
$1,249,000
Est. $5,309/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1508 108 E 1st Avenue

Perched on the coveted NW comer of the sub-penthouse level, this home at Meccanica offers space, light and design pedigree rarely found in Olympic Village. Industrial-cool architecture meets refined interiors; over-height ceilings and A/C set an elevated tone. Cross-suite bedrooms ensure privacy; the primary easily fits a king bed and features a spa ensuite with soaker tub, walk-in shower and double vanity. The well proportioned living room flows to a true dining area, ideal for entertaining or family life. Floors were just refinished. Built by Cressey, celebrated for the signature Cressey Kitchen and 55+ years of quality craftsmanship, and designed by Rafii Architects, this home sits steps from the Seawall, Main Street and Olympic Village's best cafes, shops and transit.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Disposal, Refrigerator, Oven, Range Top
Interior Features Elevator, Storage
Heating Type Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Concrete, Other
Foundation Concrete Perimeter

Exterior Features

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

Building Details

Price $1,200,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 984
Year Built 2014
Age Of Building 12
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Water
Building Name Meccanica
Ownership Type Freehold Strata
Maintenance Fee $702.41
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None
Units In Development 165

Lot & Land

MLS® # R3146850
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Postal Code V5T 0E4
Gross Taxes $3,642.14
Zoning CD-1

Property Timeline

Status Date Price
R3146850 / Active 07-15-2026 $1,200,000
Rooms
Floor Type Dimensions
Main Level Foyer 4'9 x 4'9 ft
Main Level Living Room 11'9 x 11'9 ft
Main Level Dining Room 10'9 x 10'9 ft
Main Level Kitchen 11'10 x 11'10 ft
Main Level Primary Bedroom 9'9 x 9'9 ft
Main Level Walk-In Closet 6'1 x 6'1 ft
Main Level Bedroom 10'2 x 10'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #5

Listed by: Engel & Volkers Vancouver & Engel & Volkers Vancouver

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
Simon Fraser Elementary School
Above Average 1.48 km 7.6/10

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

Private Schools

Elementary
St Francis Xavier
Above Average 0.63 km 9.6/10
Secondary
Columbia College
0.54 km

Closest Transit

Bus Stop
Westbound E 2nd Ave @ Main St
0.09 km
Skytrain
Skytrain @ Main Street Stn
0.38 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 58.9%
No Certificate/Degree
Below Average 2.8%
Owner Occupied
Average 72.3%
Employment Rate
Below Average 33%

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

37 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $936,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.38 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 MOUNT PLEASANT VE compares
This property
53 DOM
Listed
Mount Pleasant VE avg
Vancouver avg

1508 108 E 1st Avenue has a sell-speed score of 37/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 22% above comparable active properties in Mount Pleasant VE. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5T 0E4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5T 0E4, 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 B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.1 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

Shopping (89 nearby)

  • Yyoung medicine mart · 83 m · Pharmacy
  • Nature's wonders florist · 130 m · Florist
  • Rbc · 172 m · Bank

Restaurants (80 nearby)

  • Tractor · 64 m · Restaurant
  • Pho quynh express · 102 m · Restaurant
  • Manna sushi · 194 m · Restaurant

Cafes (36 nearby)

  • Amato gelato & cafè · 78 m · Cafe
  • Starbucks · 79 m · Cafe
  • Glory juice · 110 m · Cafe

Groceries (25 nearby)

  • Fife bakery · 209 m · Bakery
  • Faculty brewing · 220 m · Beverages
  • Save-on-foods · 294 m · Supermarket

Healthcare (10 nearby)

  • Yyoung medicine mart · 83 m · Healthcare
  • London drugs · 311 m · Healthcare
  • Pharmasave · 444 m · Healthcare

Transit (2 nearby)

  • Skytrain @ main street stn station · 378 m · Transit
  • Bus stop eastbound e broadway @ prince edward st · 953 m · Transit

Schools NearBy

43 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

542 m

St Francis Xavier

Independent

Grades Served

Catchment Info

9.6 / 10

Distance

625 m

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

9.6 / 10

Distance

632 m

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

862 m

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

941 m

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.12 KM

St Patrick's

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

1.14 KM

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

1.19 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

1.21 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

1.25 KM

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.38 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.6 / 10

Distance

1.48 KM

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

1.51 KM

Claren Academy

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

1.60 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.69 KM

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

1.70 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.72 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

2.1 / 10

Distance

1.78 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.80 KM

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

1.81 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.82 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

1.86 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

1.86 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

2.05 KM

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

2.05 KM

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

2.05 KM

Charles Dickens Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.15 KM

David Livingstone Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.16 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.19 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.29 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

5.0 / 10

Distance

2.38 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

2.40 KM

St. Lawrence School

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

2.48 KM

General Wolfe Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.51 KM

Queen Victoria Annex

Public

Grades Served

K-5

Catchment Info

6.4 / 10

Distance

2.59 KM

Charles Dickens Annex

Public

Grades Served

K-3

Catchment Info

0

Distance

2.59 KM

St.Joseph's School

Independent

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

2.70 KM

VISST

Independent

Grades Served

Catchment Info

9.9 / 10

Distance

2.71 KM

Tyee Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.74 KM

Stratford Hall School

Independent

Grades Served

K-12

Catchment Info

8.7 / 10

Distance

2.74 KM

Stratford Hall

Independent

Grades Served

Catchment Info

8.7 / 10

Distance

2.77 KM

St Francis of Assisi

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

2.79 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.85 KM

Pre-computed routes from 1508 108 E 1st Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Main Street → Waterfront
    14 min
  • Metrotown, Burnaby via Main Street → Metrotown
    20 min
  • SFU Burnaby via Main Street → Production Way
    27 min
  • Richmond Centre via Main Street → Brighouse
    39 min
  • YVR Airport via Main Street → YVR-Airport
    40 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    2 min
  • Metrotown, Burnaby via Lougheed Hwy
    10 min
  • SFU Burnaby via Gaglardi Way
    16 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

1508 108 E 1st Ave, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Main Street, with a 14 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound E 2nd Ave @ Main St (0.09 km). Walk Score Transit rating: Rider's Paradise (97/100).

Walkability & Transit Near 1508 108 E 1st Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 97

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 1508 108 E 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 029-393-531).
Total Assessed Value (2026)
$1,116,000
-4.5% YoY
-1.4%/yr over 4 yr
2022 Value Trend 2026
Land
$809,000
Buildings
$307,000
Year Built
2014
Class
Comprehensive Development
Zoning
CD-1 (522)
Property Tax
$3,754
Year Land Improvements Total Assessed YOY Change
2026 $809,000 $307,000 $1,116,000
-4.5%
2025 $847,000 $321,000 $1,168,000
-0.9%
2024 $855,000 $324,000 $1,179,000
-5.8%
2023 $907,000 $344,000 $1,251,000
+5.8%
2022 $851,000 $331,000 $1,182,000

Mortgage Calculator for 1508 108 E 1st Avenue

/month
Principal & Interest
Property Taxes $304
Maintenance fee 702.41
Based on a 30-year fixed at 4% interest with 20% down ($240,000), the estimated monthly payment for this listing is $5,589/month — $4,583 principal & interest, $304 property tax, $702 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
At an estimated rental income of $3,420/month, this property runs a $2,221/month shortfall after mortgage and carrying costs. Break-even requires approximately 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1508 108 E 1st Avenue, 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 — Mount Pleasant VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,200,000
Vancouver Loading...
Mount Pleasant VE Loading...

Based on 43 comparable active apartments/condos in Mount Pleasant VE, the average asking price is $983,881. This listing is priced 22% above 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 1508 108 E 1st Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 97

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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