Home Vancouver, BC Marpole Marine Gateway 2703 488 SW Marine Drive

2703 488 SW Marine Dr, Vancouver BC V5X 0C6 – Condo for Sale – MLS® R3131866

2703 488 SW Marine Drive, Vancouver, British Columbia V5X 0C6

Vancouver Condos for Sale

161 days on the market

$629,000

Est. monthly cost $3,163/mo

Updated with MLS® - Nov 11, 2026 at 11:45pm

Marine Gateway

2 Beds

1 Baths

636 sqft

989 $ /sqft

441.58 $ Maint. fee

2015 built

Photos

Perched on the 27th floor at Marine Gateway, this bright and contemporary 2 bedroom & 1 bath unit offers breathtaking city, mountain, and water views. Thoughtfully designed with an efficient layout, floor-to-ceiling windows, and modern finishes throughout. Enjoy unparalleled convenience with direct access to shopping, T&T supermarket, restaurants, Cineplex, transit, and everyday amenities right at your doorstep, 1 secured underground parking & 1 storage locker included. Exceptional building facilities and a vibrant urban lifestyle make this an outstanding opportunity for homeowners and investors.

Building 26 fields Inside & out 11 fields Lot & land 7 fields

Building Details

Price	$629,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	636
Year Built	2015
Age Of Building	11
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name	Marine Gateway
Ownership Type	Freehold Strata
Maintenance Fee	$441.58
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground, Side Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Units In Development	415

Interior Features

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

Exterior Features

Exterior Features	Garden, Balcony
View Description	fraser river, ocean & sunset
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3131866
Area	Vancouver West
Neighbourhood	Marpole
City	Vancouver
Postal Code	V5X 0C6
Gross Taxes	$2,232.68
Zoning	CD-1

Property Timeline

Status	Date	Price
R3131866 / Active	06-03-2026	$629,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	5'9 x 5'9 ft
Main Level	Living Room	10'9 x 10'9 ft
Main Level	Dining Room	9'9 x 9'9 ft
Main Level	Primary Bedroom	10'8 x 10'8 ft
Main Level	Bedroom	10'4 x 10'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Bel-Air Realty Group Ltd.

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.

About the building: Marine Gateway

488 Sw Marine Drive, Marpole, Vancouver

Marine Gateway building details

Building

Built: 2015
Homes: 415 in 29 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: EPS3032
Managed by: Dwell Property Management
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Market at Marine Gateway

For sale: 9
Median ask: $629K
Median $/sqft: $1,010
Days on market: 255
Sold, past year: 9

This home

$989/sqft, 2.1% below the building median of $1,010.

Homes for sale at Marine Gateway, Vancouver Recent sold listings in Marine Gateway, Vancouver

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.08 km · Sir Winston Churchill Secondary School 8.1/10 · 1.35 km · crime average · sell-speed score 51/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (16 nearby)

Td · 20 m · Bank
Shoppers drug mart · 35 m · Pharmacy
Winners · 48 m · Department Store

Restaurants (9 nearby)

Kinton ramen · 27 m · Restaurant
Neptune palace seafood · 51 m · Restaurant
Freshslice pizza · 56 m · Fast Food

Cafes (7 nearby)

Starbucks · 79 m · Cafe
Tim hortons · 92 m · Cafe
Coco fresh tea & juice · 100 m · Cafe

Groceries (3 nearby)

å¤§çµ±è¯ t&t supermarket · 25 m · Supermarket
Express news · 44 m · Convenience
Marine gateway liquor store · 44 m · Beverages

Transit (2 nearby)

Skytrain @ marine drive stn station · 79 m · Transit
Bus stop southbound cambie st @ w 57 ave · 985 m · Transit

Healthcare (1 nearby)

Shoppers drug mart · 35 m · Healthcare

Public Schools

Elementary
J.W. Sexsmith Community Elementary School: Above Average 0.92 km 7.8/10
Secondary
Sir Winston Churchill Secondary School: Above Average 1.35 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 1.64 km 9.4/10
Secondary
Royal Canadian College: Average 0.36 km 5.6/10

Closest Transit

Bus Stop
Marine Drive Station @ Bay 2: 0.06 km
Skytrain
Skytrain @ Marine Drive Stn: 0.08 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: 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

51 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $582,000

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.08 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

161 DOM

Slower than area

Marpole avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

2703 488 SW Marine Drive has a sell-speed score of 51/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.1% above comparable active properties in Marpole. 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 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. 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.

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 296 m
Royal Canadian College	Independent	Grades Served 9-12	Catchment Info —	5.6 / 10	Distance 355 m
J.W. Sexsmith Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.8 / 10	Distance 923 m
Sir Wilfrid Laurier Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.19 KM
Sir Winston Churchill Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	8.1 / 10	Distance 1.35 KM
David Lloyd George Elementary School	Public	Grades Served K-7	Catchment Info —	6.5 / 10	Distance 1.48 KM
Pierre Elliott Trudeau Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.49 KM
Robert J. Tait Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.62 KM
St. Anthony of Padua	Independent	Grades Served K-7	Catchment Info —	9.4 / 10	Distance 1.64 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
John Henderson Elementary School	Public	Grades Served K-7	Catchment Info —	4.7 / 10	Distance 2.08 KM
Vancouver Montessori School	Independent	Grades Served K	Catchment Info —	9.6 / 10	Distance 2.09 KM
Walter Moberly Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 2.39 KM
St. Andrew's	Independent	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.41 KM
Kerrisdale Annex	Public	Grades Served K-2	Catchment Info —	N/A	Distance 2.41 KM
St Andrew's	Independent	Grades Served —	Catchment Info —	7.9 / 10	Distance 2.42 KM
R. C. Talmey Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.44 KM
Sir Wm Van Horne Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.53 KM
King David High School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.67 KM
Sir William Osler Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.67 KM
Dr. R. E. McKechnie Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.81 KM
Rose-des-vents	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.94 KM
Windsor Hall	Independent	Grades Served —	Catchment Info —	N/A	Distance 2.95 KM
Canada Star Secondary School	Independent	Grades Served 11-12	Catchment Info —	7.9 / 10	Distance 2.96 KM
Secondaire Jules-Verne	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.99 KM

Pre-computed routes from 2703 488 SW Marine Dr, Vancouver, BC

2703 488 SW Marine Dr, Vancouver, BC Marine Drive 0.1 km

21 min

Downtown Vancouver Waterfront Station

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

2703 488 SW Marine Dr, Vancouver, BC is ideally located for commuters. The property is 0.1 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 (0.06 km). Walk Score Transit rating: Excellent Transit (76/100).

Walkability & Transit Near 2703 488 SW Marine Drive

Walker's Paradise 92

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 84

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2703 488 SW Marine Drive

2026 assessed value, sourced from City of Vancouver open data (PID 029-651-166).

Total Assessed Value (2026)

$649,000

-9.4% YoY

-2.1%/yr over 4 yr

2022 Value Trend 2026

Land

$451,000

Buildings

$198,000

Year Built

2015

Class

Comprehensive Development

Zoning

CD-1 (523)

Property Tax

$2,183

Year	Land	Improvements	Total Assessed	YOY Change
2026	$451,000	$198,000	$649,000	-9.4%
2025	$498,000	$218,000	$716,000	-0.8%
2024	$502,000	$220,000	$722,000	-3.0%
2023	$517,000	$227,000	$744,000	+5.2%
2022	$493,000	$214,000	$707,000	—

Costs & calculators

Monthly cost about $3,163/month · rent estimate $2,327/month · owning catches up with renting by year 10 · cash flow if rented −$1,003/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 2703 488 SW Marine Drive

$3,163 /month

Principal & Interest $2,535

Property Taxes $186

Maintenance fee $442

The estimated monthly cost of 2703 488 SW Marine Drive, Vancouver is $3,163: $2,535 principal and interest with 20% down over 30 years at 4.45%, plus $186 property tax and $442 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$1,003 /month

Mortgage Payment $2,535

Monthly Cash Flow −$1,003

Break Even Down Payment 52%

Cap Rate -1.9%

Cash on Cash -9.6%

If 2703 488 SW Marine Drive, Vancouver were rented at $2,327 a month with 5% vacancy, it would fall $1,003 a month short of the mortgage and carrying costs; about 52% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2703 488 SW Marine Drive, Vancouver

$2,327 / month

Rent $2,327

Own $3,163

Principal: $815/mo Interest, tax, insurance, fees: $2,348/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$682/mo (year 1) → ~$1,587/mo (year 20) → ~$2,367/mo (year 29).

Net cost to own at year 5 ~$2,348/mo About $21/mo more than renting

EstateBlock estimates 2703 488 SW Marine Drive, Vancouver would rent for about $2,327 a month.

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.

Rent vs own: 2703 488 SW Marine Drive

Rent vs own

Owning catches up by year 10

With 20% down ($125,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $44,842

Principal paid off by year 10 $100,835

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 2703 488 SW Marine Drive, Vancouver is cheaper at first, but owning catches up by year 10, with $44,842 of principal paid off by year 5 and $100,835 by year 10.