Home Vancouver, BC South Marine Currents at Water's Edge 605 3198 Riverwalk Avenue

605 3198 Riverwalk Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3165862

13 days on the market

$1,890,000

Est. Mortgage $8,361/mo

Listing updated: Sep 18, 2026 at 07:04am

EstateBlock checked: Sep 28, 2026 at 03:25am

Currents At Water’s Edge

3 Beds

3 Baths

1799 sqft

1051 $ /sqft

1109.49 $ Maint. fee

2021 built

13 days on the market

$1,890,000

Est. $8,361/mo with 20% down

Listing updated: Sep 18, 2026 at 07:04am

EstateBlock checked: Sep 28, 2026 at 03:25am

Photos

Exterior Front Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Exterior Rear Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Living Room Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Family Room Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Dining Area Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Kitchen Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Kitchen Island Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Pantry Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Breakfast Nook Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Primary Bedroom Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Primary Bathroom Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Walk-In Closet Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Bedroom 2 Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Bedroom 3 Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Bedroom 4 Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Guest Bathroom Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Powder Room Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Office / Den Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Loft / Bonus Room Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Basement Recreation Room Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Laundry Room Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Mudroom Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Entry Foyer Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Hallway Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Staircase Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Garage Interior Photo of 605 3198 Riverwalk Avenue, Vancouver, BC

Currents at Water’s Edge by Polygon. A rare 3-bedroom + den, 3-bath waterfront residence offering 1,799 sq.ft. of spacious living with an exceptional 700 sq.ft. river-facing balcony and unobstructed Fraser River views. This distinctive corner home features a generous open layout, walk-in closet, built-in cabinetry, updated finishes and seamless indoor-outdoor living. Includes 2 parking stalls and 3 storage lockers. A truly unique River District home combining space, privacy, expansive outdoor living and beautiful waterfront views.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Elevator, Storage
Heating Type	Baseboard
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Playground, Balcony
View Description	Unobstructed water view
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$1,890,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	1799
Year Built	2021
Age Of Building	5
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water
Building Name	Currents At Water’s Edge
Ownership Type	Freehold Strata
Maintenance Fee	$1,109.49
Community Features	Restaurant, Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Guest, Garage Door Opener
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites	None
Units In Development	141

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3165862
Area	Vancouver East
Neighbourhood	South Marine
City	Vancouver
Postal Code	V5S 0E8
Gross Taxes	$5,900
Zoning	CD-1

Property Timeline

Status	Date	Price
R3165862 / Active	09-15-2026	$1,890,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	10'5 x 10'5 ft
Main Level	Laundry	6'2 x 6'2 ft
Main Level	Den	8'7 x 8'7 ft
Main Level	Kitchen	16'10 x 16'10 ft
Main Level	Dining Room	15'7 x 15'7 ft
Main Level	Living Room	15'7 x 15'7 ft
Main Level	Bedroom	16'10 x 16'10 ft
Main Level	Bedroom	16'10 x 16'10 ft
Main Level	Primary Bedroom	13' x 13' ft
Main Level	Walk-In Closet	6'2 x 6'2 ft
Main Level	Walk-In Closet	7'9 x 7'9 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	Yes	#3
Main Level	No	#3

Listed by: Coldwell Banker Universe Realty

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
Captain James Cook Elementary School: Average 1.55 km 6.2/10
Secondary
Killarney Secondary School: Average 2.25 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: 2.54 km
Secondary
Canada Star Secondary School: Above Average 4.81 km 7.9/10

Closest Transit

Bus Stop
Westbound SE Marine Dr @ Fieldstone Ave: 0.42 km
Skytrain
Skytrain @ Patterson Stn: 3.32 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

Price competition grade

Avg comparable: $1,676,430

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Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 3.32 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

13 DOM

Listed

South Marine avg

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Vancouver avg

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605 3198 Riverwalk Avenue 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 11.3% 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 0E8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5S 0E8, 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 (~4 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 (9 nearby)

Romers burger bar · 280 m · Restaurant
Panago · 510 m · Fast Food
District noodle house · 522 m · Restaurant

Shopping (5 nearby)

Spice wax bar · 529 m · Beauty Shop
Scotiabank · 552 m · Bank
Shoppers drug mart · 576 m · Pharmacy

Cafes (3 nearby)

Boketto dessert cafe · 543 m · Cafe
Angus t bakery & cafe · 586 m · Cafe
Starbucks · 616 m · Cafe

Groceries (1 nearby)

Save-on-foods · 638 m · Supermarket

Healthcare (1 nearby)

Shoppers drug mart · 576 m · Healthcare

Parks & Recreation (1 nearby)

Kinship housing co-operative playground · 240 m · Playground

Transit (1 nearby)

Bus stop eastbound se marine dr @ city edge place · 998 m · Transit

Schools NearBy

18 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Champlain Heights Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 1.15 KM
Captain James Cook Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.2 / 10	Distance 1.55 KM
Anne-Hebert	Public	Grades Served —	Catchment Info —	7.6 / 10	Distance 1.61 KM
David Oppenheimer Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.67 KM
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.87 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 1.91 KM
Sir Charles Kingsford-Smith School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.17 KM
Sir Charles Kingsford-Smith	Public	Grades Served —	Catchment Info —	5.4 / 10	Distance 2.17 KM
Sir James Douglas Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.18 KM
Killarney Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.3 / 10	Distance 2.25 KM
Qawsain Knowledge House	Independent	Grades Served K-3	Catchment Info —	0	Distance 2.54 KM
Dr. H. N. MacCorkindale Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.56 KM
Sir James Douglas Annex	Public	Grades Served K-3	Catchment Info —	0	Distance 2.71 KM
Corpus Christi School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 2.76 KM
Waverley Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.80 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.80 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.84 KM
David Thompson Secondary School	Public	Grades Served 8-12	Catchment Info —	7.0 / 10	Distance 2.90 KM

Pre-computed routes from 605 3198 Riverwalk Ave, Vancouver, BC

605 3198 Riverwalk Ave, Vancouver, BC Patterson 3.3 km

60 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Patterson → Waterfront
60 min
Metrotown, Burnaby via Patterson → Metrotown
44 min
SFU Burnaby via Patterson → Production Way
64 min
Richmond Centre via Patterson → Brighouse
85 min
YVR Airport via Patterson → YVR-Airport
86 min

By car (off-peak)

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

Calculate your commute

605 3198 Riverwalk Ave, Vancouver, BC is ideally located for commuters. The property is 3.3 km from Patterson, with a 60 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound SE Marine Dr @ Fieldstone Ave (0.42 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 605 3198 Riverwalk Avenue

Car-Dependent 36

Walk Score - Car-Dependent

Most errands require a car

Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 65

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 605 3198 Riverwalk Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 031-419-135).

Total Assessed Value (2026)

$1,754,000

-7.8% YoY

-3.0%/yr over 4 yr

2022 Value Trend 2026

Land

$1,279,000

Buildings

$475,000

Year Built

2021

Class

Comprehensive Development

Zoning

CD-1 (499)

Property Tax

$5,900

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,279,000	$475,000	$1,754,000	-7.8%
2025	$1,387,000	$515,000	$1,902,000	-0.9%
2024	$1,400,000	$520,000	$1,920,000	-7.6%
2023	$1,515,000	$562,000	$2,077,000	+4.7%
2022	$1,297,000	$686,000	$1,983,000	—

Mortgage Calculator for 605 3198 Riverwalk Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $492

Maintenance fee 1109.49

A 20% down payment of $378,000 on this $1,890,000 listing yields an estimated mortgage of $7,219/month (30-year fixed, 4%). Total estimated housing cost: $8,820/month, $492 property tax, $1,109 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: Sep 18, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $4,668/month in estimated rental income against $8,883/month in mortgage payments, the monthly cashflow is -$4,215/month. A 67% down payment would reach break-even.

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

Estateblock Rent Estimate for 605 3198 Riverwalk Avenue, Vancouver

Buy Vs Rent Calculator

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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.