3303 488 SW Marine Dr, Vancouver BC – Condo for Sale – MLS® R2924689

3303 488 SW Marine Drive, Vancouver, British Columbia V5X 0C6

772 days on the market
$629,990
Est. Mortgage $2,787/mo
Listing updated:
EstateBlock checked:
2 Beds
1 Baths
636 sqft
991 $ /sqft
441.58 $ Maint. fee
2015 built
24.0% price reduction
772 days on the market
$629,990
$828,800
Est. $2,787/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 3303 488 SW Marine Drive

24.0% price reduction

Very rare find and Good rental return! S facing 2 bedrooms corner unit with 270 degrees panoramic STUNNING view of Water, City & Mountains,93SF balcony. Conveniently located above Marine Drive Skytrain Station, T&T Supermarket,Shoppers,Winners,Starbucks,A&W,Subway,Restaurants,Cineplex Theatre, Fitness World, Liquor Store, Pub and much more. Stainless Steel appliances with panneled fridge & dishwasher, granite counter top, soft-closing cabinetry. 1 parking on level P4 & locker. Management fee includes Heating. Very secured and well maintained building. Good long term tenant now on month-to-month lease at $3100/month without locker. Churchill Secondary catchment. MUST SEE! Please allow min 24 hours to tenant for showing requests. Measurements from floor plan.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features Storage, Pantry
Fireplace 0
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground, Balcony
View Description Water, City and Mountain
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $629,990
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
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, RV Parking, Sewer, Snow Removal, Water
Ownership Type Freehold Strata
Maintenance Fee $441.58
Amenities Nearby Bike Room, Clubhouse, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, RV Parking, Sewer, Snow Removal, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Units In Development 415

Lot & Land

MLS® # R2924689
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Postal Code V5X 0C6
Gross Taxes $2,295.05
Zoning CD1

Property Timeline

Status Date Price
R2924689 / Active 09-10-2024 $629,990
Rooms
Floor Type Dimensions
Main Level Living Room 9' x 9' ft
Main Level Kitchen 7' x 7' ft
Main Level Dining Room 7'6 x 7'6 ft
Main Level Bedroom 10'6 x 10'6 ft
Main Level Bedroom 10' x 10' ft
Main Level Foyer 5' x 5' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: LeHomes Realty Premier

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
11
Median ask
$630K
Median $/sqft
$1,010
Days on market
227
Sold, past year
8
This home

$991/sqft, 1.9% below the building median of $1,010.

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

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 1.6 km 9.4/10
Secondary
Royal Canadian College
Average 0.33 km 5.6/10

Closest Transit

Bus Stop
Marine Drive Station @ Bay 2
0.07 km
Skytrain
Skytrain @ Marine Drive Stn
0.04 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

66 / 100
Overall sell-speed score
Likely within weeks
B+
Price competition grade
Avg comparable: $675,979
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
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
772 DOM
Slower than area
Marpole avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

3303 488 SW Marine Drive has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced 7.3% 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 likely to sell within a few weeks.

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.

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

259 m

Royal Canadian College

Independent

Grades Served

9-12

Catchment Info

—
5.6 / 10

Distance

330 m

J.W. Sexsmith Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.8 / 10

Distance

946 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

1.44 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

1.60 KM

Robert J. Tait Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.63 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

2.05 KM

John Henderson Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.7 / 10

Distance

2.11 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

—
N/A

Distance

2.42 KM

Walter Moberly Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

2.43 KM

R. C. Talmey Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.43 KM

St. Andrew's

Independent

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.44 KM

St Andrew's

Independent

Grades Served

—

Catchment Info

—
7.9 / 10

Distance

2.44 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.54 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

2.66 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

2.93 KM

Windsor Hall

Independent

Grades Served

—

Catchment Info

—
N/A

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 3303 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

3303 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 3303 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
82

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 3303 488 SW Marine Drive

2026 assessed value, sourced from City of Vancouver open data (PID 029-651-719).
Total Assessed Value (2026)
$665,000
-9.6% YoY
-2.4%/yr over 4 yr
2022 Value Trend 2026
Land
$470,000
Buildings
$195,000
Year Built
2015
Class
Comprehensive Development
Zoning
CD-1 (523)
Property Tax
$2,237
Year Land Improvements Total Assessed YOY Change
2026 $470,000 $195,000 $665,000
-9.6%
2025 $520,000 $216,000 $736,000
-0.7%
2024 $523,000 $218,000 $741,000
-4.5%
2023 $548,000 $228,000 $776,000
+5.9%
2022 $521,000 $212,000 $733,000 —

Mortgage Calculator for 3303 488 SW Marine Drive

/month
Principal & Interest
Property Taxes $191
Maintenance fee 441.58
Based on a 30-year fixed at 4% interest with 20% down ($125,998), the estimated monthly payment for this listing is $3,039/month — $2,406 principal & interest, $191 property tax, $442 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $2,214/month, this property runs a $876/month shortfall after mortgage and carrying costs. Break-even requires approximately 50% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 3303 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 $629,990
Vancouver Loading...
Marpole Loading...

Based on 9 comparable active apartments/condos in Marpole, the average asking price is $679,925. This listing is priced 7.3% below the neighbourhood average. This property is flagged as a Hot Deal (24.0% price reduction) based on its competitive pricing and market demand.

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 Greater Vancouver REALTORS® 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 3303 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
82

Bike Score - Very Bikeable

Biking is convenient for most trips

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