$575,000
By car (off-peak)
Sold
306 2471 Saint George Street, Vancouver, BC
2
Beds
2
Baths
645
sqft
2026
built
555 8575 Rivergrass Dr, Vancouver BC – Condo for Sale – MLS® R3162125
555 8575 Rivergrass Drive, Vancouver, British Columbia V5S 0J7
47 days on the market
$568,000
Est. Mortgage $2,513/mo
Listing updated:
EstateBlock checked:
Avalon 3
1
Beds
1
Baths
638
sqft
890
$
/sqft
410.55
$
Maint. fee
2022
built
Photos
Property Details for 555 8575 Rivergrass Drive
Welcome to Avalon 3 in Vancouver's highly sought-after River District! This immaculate 1-Bedroom + Den home offers a perfect blend of modern functionality and contemporary style. The bright, open-concept living area features a sleek kitchen with premium appliance, a built-in dining table, and cooling & heating system for year-round comfort. The versatile Den with a full door is perfect for a quiet home office, creative studio or guest space. Amazing amenities include rooftop pool, hot tub, lounge & terrace, gym, courtyard with lush landscaping & concierge. Steps to riverfront trail, grocery, shops, restaurants and banks. BONUS: 1 parking & 1 locker. Ideal for first time buyers, downsizers or investors looking for excellent rental potential! Open House: Oct 10 (SAT) 2-4pm.
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave |
| Interior Features | Elevator, Guest Suite |
| Heating Type | Heat Pump |
| Cooling | Air Conditioning |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate, Mixed, Carpet |
| Foundation | Concrete Perimeter |
Exterior Features
| Exterior Features | Garden, Balcony |
|---|---|
| Roof | Other |
| Structures | Multi Family, Residential Attached |
Building Details
| Price | $568,000 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 638 |
| Year Built | 2022 |
| Age Of Building | 4 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water |
| Building Name | Avalon 3 |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $410.55 |
| Amenities Nearby | Exercise Centre, Concierge, 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 |
| Water (WaterSource) | Public |
| Parking Type | Underground |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allowed |
| Pet Restrictions | Yes With Restrictions |
Lot & Land
| MLS® # | R3162125 |
|---|---|
| Area | Vancouver East |
| Neighbourhood | South Marine |
| City | Vancouver |
| Postal Code | V5S 0J7 |
| Gross Taxes | $2,041.91 |
| Zoning | CD-1 |
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11'3 x 11'3 ft |
| Main Level | Kitchen | 13'11 x 13'11 ft |
| Main Level | Primary Bedroom | 10'7 x 10'7 ft |
| Main Level | Den | 7'7 x 7'7 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
Listed by: Multiple 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: Avalon 3
3538 Sawmill Crescent, South Marine, Vancouver
Avalon 3 building detailsBuilding
- Built
- 2022
- Homes
- 329 in 25 storeys
- Construction
- Concrete
- Title
- Freehold Strata
- Strata plan
- EPS6725
- Managed by
- Awm Alliance
- Parking
- Visitor Parking, Garage: Underground
- Lockers
- Limited
- Strata fee covers
Bylaws on record
- Pets
- Restricted
- Cats and dogs OK, max 2
- Rentals
- Allowed
Market at Avalon 3
- For sale
- 10
- Median ask
- $737K
- Median $/sqft
- $878
- Days on market
- 42
- Sold, past year
- 13
This home
$890/sqft, 1.4% above the building median of $878.
- Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2027, structural to 2032.
From MLS® and public strata records. Verify against the current Form B and registered bylaws.
Map & Neighbourhood
Public Schools
- Elementary
- Champlain Heights Community Elementary School
- Average 1.71 km
- Secondary
- Killarney Secondary School
- Average 2.49 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Qawsain Knowledge House
- 3.15 km
- Elementary,Secondary
- Choice School For Gifted Children
- Above Average 4.59 km
Closest Transit
- Bus Stop
- Eastbound Sawmill Cres @ River District Crossing
- 0.15 km
- Skytrain
- Skytrain @ Metrotown Stn
- 2.88 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
43 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $499,840
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.88 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
47 DOM
South Marine avg
—
Vancouver avg
—
555 8575 Rivergrass Drive has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 12% above comparable active properties in South Marine. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Climate Risk for V5S 0J7
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5S 0J7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Flood
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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
Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby South, Burnaby (~3.3 km). Annual avg AQHI 2.2 — Low Risk.
Heat
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
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
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 · 105 m · Fast Food
- Sushi mura · 117 m · Restaurant
- Local public eatery · 163 m · Restaurant
Shopping (5 nearby)
- Prospera credit union · 166 m · Bank
- Td canada trust · 207 m · Bank
- Scotiabank · 212 m · Bank
Cafes (4 nearby)
- Angus t bakery & cafe · 173 m · Cafe
- Starbucks · 191 m · Cafe
- Boketto dessert cafe · 236 m · Cafe
Groceries (3 nearby)
- Save-on-foods · 167 m · Supermarket
- Shell · 316 m · Convenience
- Red square · 607 m · Bakery
Healthcare (1 nearby)
- Shoppers drug mart · 229 m · Healthcare
Parks & Recreation (1 nearby)
- Kinship housing co-operative playground · 805 m · Playground
Transit (1 nearby)
- Bus stop northbound roseberry ave @ keith st · 998 m · Transit
Schools NearBy
15 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Champlain Heights Annex |
Public |
Grades ServedK-3
|
Catchment Info—
|
Distance979 m
|
|
Suncrest Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.33 KM
|
|
Captain James Cook Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.61 KM
|
|
Champlain Heights Community Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance1.71 KM
|
|
Anne-Hebert |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.97 KM
|
|
South Slope Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.14 KM
|
|
BC Provincial School For The Deaf Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.18 KM
|
|
David Oppenheimer Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.33 KM
|
|
Dr. H. N. MacCorkindale Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.48 KM
|
|
Killarney Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance2.49 KM
|
|
Sir Charles Kingsford-Smith School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.65 KM
|
|
Sir Charles Kingsford-Smith |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.66 KM
|
|
Nelson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.68 KM
|
|
Sir James Douglas Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.83 KM
|
|
Burnaby Youth Hub Secondary Program |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.95 KM
|
Pre-computed routes from 555 8575 Rivergrass Dr, Vancouver, BC
555 8575 Rivergrass Dr, Vancouver, BC
56 min
Downtown Vancouver
By transit (Skytrain)
-
Downtown Vancouver via Metrotown → Waterfront56 min
-
Metrotown, Burnaby38 min
-
SFU Burnaby via Metrotown → Production Way58 min
-
Richmond Centre via Metrotown → Brighouse81 min
-
YVR Airport via Metrotown → YVR-Airport82 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview13 min
-
Metrotown, Burnaby via Lougheed Hwy3 min
-
SFU Burnaby via Gaglardi Way12 min
-
Richmond Centre via No. 3 Rd11 min
-
YVR Airport via Bridgeport / Sea Island13 min
Calculate your commute
555 8575 Rivergrass Dr, Vancouver, BC is ideally located for commuters. The property is 2.9 km from Metrotown, with a 56 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Sawmill Cres @ River District Crossing (0.15 km). Walk Score Transit rating: Good Transit (51/100).
Walkability & Transit Near 555 8575 Rivergrass Drive
Car-Dependent
64
Walk Score - Somewhat Walkable
Some errands can be accomplished on foot
Some Transit
51
Transit Score - Good Transit
Many nearby public transportation options
Somewhat
Bikeable 44
Bikeable 44
Bike Score - Somewhat Bikeable
Minimal bike infrastructure
BC Assessment Value — 555 8575 Rivergrass Drive
2026 assessed value, sourced from City of Vancouver open data (PID 031-595-367).
$607,000
-2.7% YoY
+6.8%/yr over 4 yr
2022
Value Trend
2026
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $427,000 | $180,000 | $607,000 |
-2.7%
|
| 2025 | $439,000 | $185,000 | $624,000 |
-3.0%
|
| 2024 | $452,000 | $191,000 | $643,000 |
+5.2%
|
| 2023 | $430,000 | $181,000 | $611,000 |
+30.9%
|
| 2022 | $121,594 | $345,257 | $466,851 | — |
Mortgage Calculator for 555 8575 Rivergrass Drive
/month
Principal & Interest
Property Taxes
$170
Maintenance fee
410.55
With a 20% down payment, buyers can expect an estimated $2,750/month in total housing costs on this $568,000 property — $2,169 mortgage payment, $170 property tax, $411 maintenance fee.
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
Based on $2,050/month estimated rent and $2,806/month in total housing costs, this property has a -$755/month cashflow. Break-even down payment: approximately 48%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 555 8575 Rivergrass Drive, Vancouver
Buy Vs Rent Calculator
—
/ month
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
This Home
$568,000
Vancouver
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South Marine
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Based on 41 comparable active apartments/condos in South Marine, the average asking price is $507,136. This listing is priced 12% 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
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