411 8508 Rivergrass Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R3088648

208 days on the market
$529,900
Est. Mortgage $2,344/mo
Listing updated:
EstateBlock checked:
1 Beds
1 Baths
539 sqft
983 $ /sqft
383.4 $ Maint. fee
2020 built
208 days on the market
$529,900
Est. $2,344/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 411 8508 Rivergrass Drive

Welcome to Unit 411 at 8508 Rivergrass Drive located in the heart of the vibrant River District community. This thoughtfully designed 1 bedroom + flex room home offers a functional and spacious layout with a peaceful courtyard view. The open-concept kitchen features stainless steel appliances, quartz countertops, and under-cabinet lighting, flowing seamlessly into the living room area. The versatile flex room works beautifully as a home office or extra storage. The bathroom is finished with a luxurious soaker tub and in-floor heating for year-round comfort. This unit includes 1 parking stall and 1 storage locker. Enjoy convenience with direct access to waterfront walking and hiking trails, and just steps to grocery, pharmacy, banks and restaurants. Showings after 5pm M-F & anytime Sat/Sun

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator, Guest Suite, Storage
Heating Type Natural Gas, Radiant
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

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

Building Details

Price $529,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 539
Year Built 2020
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Other
Ownership Type Freehold Strata
Maintenance Fee $383.4
Amenities Nearby Exercise Centre, Other
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions No Restrictions,Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions

Lot & Land

MLS® # R3088648
Area Vancouver East
Neighbourhood South Marine
City Vancouver
Postal Code V5S 0H7
Gross Taxes $1,615.26
Zoning CD-1

Property Timeline

Status Date Price
R3088648 / Active 02-10-2026 $529,900
Rooms
Floor Type Dimensions
Main Level Living Room 10'7 x 10'7 ft
Main Level Kitchen 12'3 x 12'3 ft
Main Level Bedroom 9'0 x 9'0 ft
Main Level Den 6'6 x 6'6 ft
Main Level Foyer 7'6 x 7'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Oakwyn Realty Northwest

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
Champlain Heights Community Elementary School
Average 1.67 km 5.5/10
Secondary
Killarney Secondary School
Average 2.48 km 6.3/10

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

Private Schools

Elementary
Qawsain Knowledge House
3.17 km
Elementary,Secondary
Choice School For Gifted Children
Above Average 4.59 km 10/10

Closest Transit

Bus Stop
Eastbound Sawmill Cres @ River District Crossing
0.19 km
Skytrain
Skytrain @ Metrotown Stn
2.82 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 35.1%
No Certificate/Degree
Below Average 12.4%
Owner Occupied
Average 62.7%
Employment Rate
Above Average 66.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

48 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $511,883
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.82 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SOUTH MARINE compares
This property
208 DOM
Listed
South Marine avg
Vancouver avg

411 8508 Rivergrass Drive has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.4% above comparable active properties in South Marine. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5S 0H7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5S 0H7, 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 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~3.2 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

Restaurants (8 nearby)

  • Booster juice · 135 m · Fast Food
  • Sushi mura · 149 m · Restaurant
  • Local public eatery · 198 m · Restaurant

Shopping (5 nearby)

  • Prospera credit union · 214 m · Bank
  • Td canada trust · 228 m · Bank
  • Scotiabank · 257 m · Bank

Cafes (4 nearby)

  • Starbucks · 217 m · Cafe
  • Angus t bakery & cafe · 224 m · Cafe
  • Boketto dessert cafe · 275 m · Cafe

Groceries (3 nearby)

  • Save-on-foods · 192 m · Supermarket
  • Shell · 274 m · Convenience
  • Red square · 552 m · Bakery

Healthcare (1 nearby)

  • Shoppers drug mart · 258 m · Healthcare

Parks & Recreation (1 nearby)

  • Kinship housing co-operative playground · 843 m · Playground

Transit (1 nearby)

  • Bus stop southbound matheson cres @ raintree court · 976 m · Transit

Schools NearBy

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Champlain Heights Annex

Public

Grades Served

K-3

Catchment Info

0

Distance

952 m

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

1.27 KM

Captain James Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.59 KM

Champlain Heights Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.5 / 10

Distance

1.67 KM

Anne-Hebert

Public

Grades Served

Catchment Info

7.6 / 10

Distance

1.97 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.08 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.12 KM

David Oppenheimer Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

2.36 KM

Dr. H. N. MacCorkindale Elementary School

Public

Grades Served

K-7

Catchment Info

6.4 / 10

Distance

2.44 KM

Killarney Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.3 / 10

Distance

2.48 KM

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

2.62 KM

Sir Charles Kingsford-Smith School

Public

Grades Served

K-7

Catchment Info

5.4 / 10

Distance

2.66 KM

Sir Charles Kingsford-Smith

Public

Grades Served

Catchment Info

5.4 / 10

Distance

2.67 KM

Sir James Douglas Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.86 KM

Burnaby Youth Hub Secondary Program

Public

Grades Served

Catchment Info

2.7 / 10

Distance

2.89 KM

Pre-computed routes from 411 8508 Rivergrass Dr, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Metrotown → Waterfront
    55 min
  • Metrotown, Burnaby
    37 min
  • SFU Burnaby via Metrotown → Production Way
    57 min
  • Richmond Centre via Metrotown → Brighouse
    80 min
  • YVR Airport via Metrotown → YVR-Airport
    81 min

By car (off-peak)

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

Calculate your commute

411 8508 Rivergrass Dr, Vancouver, BC is ideally located for commuters. The property is 2.8 km from Metrotown, with a 55 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Sawmill Cres @ River District Crossing (0.19 km). Walk Score Transit rating: Good Transit (51/100).

Walkability & Transit Near 411 8508 Rivergrass Drive

Walk Score Badge
Car-Dependent 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 51

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 411 8508 Rivergrass Drive

2026 assessed value, sourced from City of Vancouver open data (PID 030-988-748).
Total Assessed Value (2026)
$480,000
-7.3% YoY
-1.2%/yr over 4 yr
2022 Value Trend 2026
Land
$334,000
Buildings
$146,000
Year Built
2019
Class
Comprehensive Development
Zoning
CD-1 (565)
Property Tax
$1,615
Year Land Improvements Total Assessed YOY Change
2026 $334,000 $146,000 $480,000
-7.3%
2025 $360,000 $158,000 $518,000
-1.7%
2024 $366,000 $161,000 $527,000
+0.4%
2023 $365,000 $160,000 $525,000
+4.2%
2022 $339,000 $165,000 $504,000

Mortgage Calculator for 411 8508 Rivergrass Drive

/month
Principal & Interest
Property Taxes $135
Maintenance fee 383.4
Based on a 30-year fixed at 4% interest with 20% down ($105,980), the estimated monthly payment for this listing is $2,542/month — $2,024 principal & interest, $135 property tax, $383 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 $1,912/month, this property runs a $682/month shortfall after mortgage and carrying costs. Break-even requires approximately 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 411 8508 Rivergrass 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 — South Marine, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $529,900
Vancouver Loading...
South Marine Loading...

Based on 35 comparable active apartments/condos in South Marine, the average asking price is $512,572. This listing is priced 3.4% 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 411 8508 Rivergrass Drive

Walk Score Badge
Car-Dependent 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 51

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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