2206 488 SW Marine Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R3161415

3 days on the market
$768,000
Est. Mortgage $3,398/mo
Listing updated:
EstateBlock checked:
Marine Gateway
2 Beds
2 Baths
794 sqft
967 $ /sqft
553.85 $ Maint. fee
2015 built
NEW
3 days on the market
$768,000
Est. $3,398/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2206 488 SW Marine Drive

Enjoy the convenience and lifestyle of Marine Gateway north tower! Beautiful city & mountain views and a perfect two bedroom floor plan. This very well kept home features an open kitchen, stylish appliances, and a large balcony! Great amenities that include a caretaker, party lounge, meeting rooms, and an outdoor patio with a BBQ. Everything you can imagine is steps away, including: Starbucks, Cineplex Theatre, Steve Nash Fitness, Banks, Restaurants, T &T market, Shoppers Drug Mart, Bus Loop and Marine Gateway Skytrain! This unit comes with 1 parking and 1 locker. Don't miss out on this great opportunity.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Fireplace 0
Heating Type Baseboard, Geothermal
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description CITY & MOUNTAIN
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $768,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 794
Year Built 2015
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Trash, Hot Water, Management, Recreation Facilities, Water
Building Name Marine Gateway
Ownership Type Freehold Strata
Maintenance Fee $553.85
Community Features Restaurant
Amenities Nearby Caretaker, Trash, Hot Water, Management, Recreation Facilities, Water
Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Suites None
Units In Development 418

Lot & Land

Lot Size Depth Feet
MLS® # R3161415
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Postal Code V5X 0C6
Gross Taxes $2,670.96
Zoning CD-1

Property Timeline

Status Date Price
R3161415 / Active 09-03-2026 $768,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 17'2 x 17'2 ft
Main Level Dining Room 10'7 x 10'7 ft
Main Level Kitchen 8'3 x 8'3 ft
Main Level Bedroom 11'10 x 11'10 ft
Main Level Primary Bedroom 12'5 x 12'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: Interlink 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
J.W. Sexsmith Community Elementary School
Above Average 0.95 km 7.8/10
Secondary
Sir Winston Churchill Secondary School
Above Average 1.33 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 1.59 km 9.4/10
Secondary
Royal Canadian College
Average 0.32 km 5.6/10

Closest Transit

Bus Stop
Marine Drive Station @ Bay 2
0.07 km
Skytrain
Skytrain @ Marine Drive Stn
0.03 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
Possible
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

58 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $787,200
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
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
3 DOM
Very fast
Marpole avg
49 DOM
Average
Vancouver avg
49 DOM
Slower market

2206 488 SW Marine Drive has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.5% below comparable active properties in Marpole, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5X 0C6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5X 0C6, 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 (~3.7 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 (15 nearby)

  • Gateway barber · 12 m · Hairdresser
  • Pure nail bar · 17 m · Beauty Shop
  • Cibc · 20 m · Bank

Restaurants (8 nearby)

  • Neptune palace seafood · 6 m · Restaurant
  • Freshslice pizza · 22 m · Fast Food
  • Subway · 44 m · Fast Food

Cafes (7 nearby)

  • Starbucks · 55 m · Cafe
  • Tim hortons · 67 m · Cafe
  • Coco fresh tea & juice · 95 m · Cafe

Groceries (3 nearby)

  • Express news · 7 m · Convenience
  • 大統華 t&t supermarket · 39 m · Supermarket
  • Marine gateway liquor store · 48 m · Beverages

Transit (2 nearby)

  • Skytrain @ marine drive stn station · 30 m · Transit
  • Bus stop southbound oak st @ w 67 ave · 997 m · Transit

Healthcare (1 nearby)

  • Shoppers drug mart · 54 m · Healthcare

Schools NearBy

26 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

des Colibris

Public

Grades Served

Catchment Info

9.9 / 10

Distance

260 m

Royal Canadian College

Independent

Grades Served

9-12

Catchment Info

5.6 / 10

Distance

322 m

J.W. Sexsmith Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.8 / 10

Distance

954 m

Sir Wilfrid Laurier Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.17 KM

Sir Winston Churchill Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
8.1 / 10

Distance

1.33 KM

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

1.43 KM

Pierre Elliott Trudeau Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.53 KM

St. Anthony of Padua

Independent

Grades Served

K-7

Catchment Info

9.4 / 10

Distance

1.59 KM

Robert J. Tait Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

1.62 KM

Dr Annie B Jamieson Elementary

Public

Grades Served

Catchment Info

8.3 / 10

Distance

1.97 KM

Dr. Annie B. Jamieson Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

2.00 KM

Vancouver Montessori School

Independent

Grades Served

K

Catchment Info

9.6 / 10

Distance

2.04 KM

John Henderson Elementary School

Public

Grades Served

K-7

Catchment Info

4.7 / 10

Distance

2.12 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

0

Distance

2.42 KM

R. C. Talmey Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.43 KM

Walter Moberly Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

2.43 KM

St. Andrew's

Independent

Grades Served

K-7

Catchment Info

7.9 / 10

Distance

2.45 KM

St Andrew's

Independent

Grades Served

Catchment Info

7.9 / 10

Distance

2.45 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

2.55 KM

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.66 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

2.67 KM

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.77 KM

Rose-des-vents

Public

Grades Served

Catchment Info

7.5 / 10

Distance

2.94 KM

Windsor Hall

Independent

Grades Served

Catchment Info

0

Distance

2.97 KM

Canada Star Secondary School

Independent

Grades Served

11-12

Catchment Info

7.9 / 10

Distance

2.97 KM

Secondaire Jules-Verne

Public

Grades Served

Catchment Info

7.5 / 10

Distance

2.99 KM

Pre-computed routes from 2206 488 SW Marine Dr, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Marine Drive → Waterfront
    21 min
  • Metrotown, Burnaby via Marine Drive → Metrotown
    39 min
  • SFU Burnaby via Marine Drive → Production Way
    46 min
  • Richmond Centre via Marine Drive → Brighouse
    12 min
  • YVR Airport via Marine Drive → YVR-Airport
    13 min

By car (off-peak)

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

Calculate your commute

2206 488 SW Marine Dr, Vancouver, BC is ideally located for commuters. The property is 0.0 km from Marine Drive, with a 21 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Marine Drive Station @ Bay 2 (0.07 km). Walk Score Transit rating: Excellent Transit (76/100).

Walkability & Transit Near 2206 488 SW Marine Drive

Walk Score Badge
Car-Dependent 93

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
83

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2206 488 SW Marine Drive

2026 assessed value, sourced from City of Vancouver open data (PID 029-650-399).
Total Assessed Value (2026)
$794,000
-8.0% YoY
-2.1%/yr over 4 yr
2022 Value Trend 2026
Land
$547,000
Buildings
$247,000
Year Built
2015
Class
Comprehensive Development
Zoning
CD-1 (523)
Property Tax
$2,671
Year Land Improvements Total Assessed YOY Change
2026 $547,000 $247,000 $794,000
-8.0%
2025 $595,000 $268,000 $863,000
-0.2%
2024 $596,000 $269,000 $865,000
-2.6%
2023 $612,000 $276,000 $888,000
+2.5%
2022 $591,000 $275,000 $866,000

Mortgage Calculator for 2206 488 SW Marine Drive

/month
Principal & Interest
Property Taxes $223
Maintenance fee 553.85
Financing 80% of the $768,000 asking price over 30 years at 4% results in approximately $3,710/month in total estimated carrying costs, $223 property tax, $554 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
This listing generates an estimated $2,626/month in rental income, leaving a -$1,132/month cashflow at current carrying costs. Investors targeting break-even would need roughly 51% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2206 488 SW Marine 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 $768,000
Vancouver Loading...
Marpole Loading...

Based on 36 comparable active apartments/condos in Marpole, the average asking price is $787,817. This listing is priced 2.5% 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 2206 488 SW Marine Drive

Walk Score Badge
Car-Dependent 93

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
83

Bike Score - Very Bikeable

Biking is convenient for most trips

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