3304 488 SW Marine Dr, Vancouver BC V5X 0C6 – Condo for Sale – MLS® R3154866

3304 488 SW Marine Drive, Vancouver, British Columbia V5X 0C6

94 days on the market
$520,000
Est. monthly cost $2,590/mo
Updated with MLS® -
Marine Gateway
1 Beds
1 Baths
483 sqft
1077 $ /sqft
347.22 $ Maint. fee
2015 built
7.0% price reduction
94 days on the market
$520,000
$559,000
Est. $2,590/mo with 20% down
Updated with MLS® -

Property Details for 3304 488 SW Marine Drive

7.0% price reduction

Soar on top of the world with expansive views w/your one bedroom concrete condo in Marine Gateway, the center of Vancouver's next downtown. Skytrain access through the building & Steve Nash, movie theatres, TNT & Shoppers Drug Mart steps from the lobby, this almost 500sf unit w/balcony has some of the most impressive water, mountain & airport views you can imagine. Finished w/engineered hardwood floors, granite counters, Blomberg SS appliances, this pied-a-terre has high 8.5ft ceilings & Kohler bathroom appliances. Large balcony where you can watch planes take off at a distance. 5 mins away from the airport and 15 min away from downtown. Comes with parking spot, storage locker. Convenience + Chic + Views = Perfect!

Building Details

Price $520,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 483
Year Built 2015
Age Of Building 11
Building Type Apartment/Condo
Unit Style Corner unit
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Caretaker, Trash, Hot Water, Management, Recreation Facilities, Water
Building Name Marine Gateway
Ownership Type Freehold Strata
Maintenance Fee $347.22
Community Features Gated, Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Caretaker, Trash, Hot Water, Management, Recreation Facilities, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites None

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Fireplace 0
Heating Type Electric
# of Kitchens 1
Flooring Hardwood, Mixed, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Playground, Balcony
View Description MOUNTAINS AND WATER
Roof Torch-On
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
MLS® # R3154866
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Postal Code V5X 0C6
Gross Taxes $1,776.17
Zoning CD-1

Property Timeline

Status Date Price
R3154866 / Active 08-09-2026 $520,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 12' x 12' ft
Main Level Dining Room 8' x 8' ft
Main Level Primary Bedroom 9' x 9' ft
Main Level Kitchen 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal Pacific Riverside Realty 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

$1,077/sqft, 6.6% above the building median of $1,010.

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

Map, sell speed & climate

SkyTrain 0.03 km · Sir Winston Churchill Secondary School 8.1/10 · 1.33 km · crime average · sell-speed score 53/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

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

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

53 / 100
Overall sell-speed score
Moderate pace expected
D
Price competition grade
Avg comparable: $452,350
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
94 DOM
Slower than area
Marpole avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

3304 488 SW Marine Drive has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 15% 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

261 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

953 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

—
N/A

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

—
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 3304 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

3304 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 3304 488 SW Marine Drive

Walk Score Badge
Walker's Paradise 93

Walk Score - Walker's Paradise

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

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 82

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 3304 488 SW Marine Drive

2026 assessed value, sourced from City of Vancouver open data (PID 029-651-727).
Total Assessed Value (2026)
$528,000
-9.7% YoY
-3.0%/yr over 4 yr
2022 Value Trend 2026
Land
$383,000
Buildings
$145,000
Year Built
2015
Class
Comprehensive Development
Zoning
CD-1 (523)
Property Tax
$1,776
Year Land Improvements Total Assessed YOY Change
2026 $383,000 $145,000 $528,000
-9.7%
2025 $424,000 $161,000 $585,000
-1.7%
2024 $431,000 $164,000 $595,000
-4.0%
2023 $449,000 $171,000 $620,000
+3.9%
2022 $423,000 $174,000 $597,000 —

Costs & calculators

Monthly cost about $2,590/month · rent estimate $1,976/month · owning catches up with renting by year 5 · cash flow if rented −$765/month

Mortgage Calculator for 3304 488 SW Marine Drive

30-year fixed
$2,590 /month
Principal & Interest $2,095
Property Taxes $148
Maintenance fee $347

The estimated monthly cost of 3304 488 SW Marine Drive, Vancouver is $2,590: $2,095 principal and interest with 20% down over 30 years at 4.45%, plus $148 property tax and $347 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

−$765 /month
Mortgage Payment $2,095
Monthly Cash Flow −$765
Break Even Down Payment 50%
Cap Rate -1.8%
Cash on Cash -8.8%

If 3304 488 SW Marine Drive, Vancouver were rented at $1,976 a month with 5% vacancy, it would fall $765 a month short of the mortgage and carrying costs; about 50% 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 3304 488 SW Marine Drive, Vancouver

$1,976 / month
Rent $1,976
Own $2,590
Principal: $674/mo Interest, tax, insurance, fees: $1,916/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$564/mo (year 1) → ~$1,312/mo (year 20) → ~$1,957/mo (year 29).

Net cost to own at year 5 ~$1,916/mo About $60/mo less than renting

EstateBlock estimates 3304 488 SW Marine Drive, Vancouver would rent for about $1,976 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: 3304 488 SW Marine Drive

Rent vs own

Owning catches up by year 5

With 20% down ($104,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $37,071
Principal paid off by year 10 $83,361

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 3304 488 SW Marine Drive, Vancouver is cheaper at first, but owning catches up by year 5, with $37,071 of principal paid off by year 5 and $83,361 by year 10.

Price vs Neighbourhood Average — Marpole, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $520,000
Vancouver Loading...
Marpole Loading...

Based on 36 comparable active apartments/condos in Marpole, the average asking price is $452,350. This listing is priced 15% above the neighbourhood average. This property is flagged as a Hot Deal (7.0% 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 3304 488 SW Marine Drive

Walk Score Badge
Walker's Paradise 93

Walk Score - Walker's Paradise

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

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 82

Bike Score - Very Bikeable

Biking is convenient for most trips

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