Home Vancouver, BC South Marine Avalon 3 656 8575 Rivergrass Drive

656 8575 Rivergrass Dr, Vancouver BC V5S 0J7 – Condo for Sale – MLS® R3167858

656 8575 Rivergrass Drive, Vancouver, British Columbia V5S 0J7

Vancouver Condos for Sale

52 days on the market

$1,698,000

Est. monthly cost $8,613/mo

Updated with MLS® - Nov 12, 2026 at 12:20pm

Avalon 3

3 Beds

3 Baths

1875 sqft

906 $ /sqft

1224.69 $ Maint. fee

2022 built

Photos

Luxury Living in River District. This sophisticated 3-bed, 3-bath penthouse offers exceptional indoor-outdoor living and beautiful river views. Soaring ceilings, air conditioning, light-toned flooring and abundant natural light create a bright, contemporary feel. The chef-inspired kitchen features sleek lacquer cabinetry, a 5-burner gas cooktop, wall oven, Bosch dishwasher and integrated refrigerator. An expansive wraparound terrace extends from the principal living spaces, ideal for dining and entertaining, while the impressive private rooftop deck captures sweeping river views. Resort-style amenities include an outdoor pool, hot tub, fitness centre, guest suites, and clubhouse. Enjoy river and nature trails at your doorstep, with shopping, dining and everyday conveniences nearby.

Building 26 fields Inside & out 13 fields Lot & land 7 fields

Building Details

Price	$1,698,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	1875
Year Built	2022
Age Of Building	4
Building Type	Apartment/Condo
Unit Style	Upper unit
Property Type	Residential
Stories	1
Building Amenities	Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Building Name	Avalon 3
Ownership Type	Freehold Strata
Maintenance Fee	$1,224.69
Community Features	Shopping Nearby
Amenities Nearby	Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Management, 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	2
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development	329

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator
Heating Type	Forced Air, Heat Pump
Cooling	Central Air, Air Conditioning
Laundry	In Unit
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

View Description	River
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3167858
Area	Vancouver East
Neighbourhood	South Marine
City	Vancouver
Postal Code	V5S 0J7
Gross Taxes	$6,539.49
Zoning	CD-1

Property Timeline

Status	Date	Price
R3167858 / Active	09-21-2026	$1,698,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	7'0 x 7'0 ft
Main Level	Living Room	9'7 x 9'7 ft
Main Level	Dining Room	8'0 x 8'0 ft
Main Level	Kitchen	11'0 x 11'0 ft
Main Level	Primary Bedroom	10'5 x 10'5 ft
Main Level	Walk-In Closet	4'0 x 4'0 ft
Main Level	Bedroom	11'0 x 11'0 ft
Main Level	Bedroom	11'0 x 11'0 ft
Main Level	Flex Room	4'0 x 4'0 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#5
Main Level	Yes	#3
Main Level	No	#3

Listed by: Stilhavn Real Estate Services

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 details

Building

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: WaterSnow removalRecreation FacilityManagementHot WaterHeatGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Avalon 3

For sale: 10
Median ask: $789K
Median $/sqft: $870
Days on market: 54
Sold, past year: 12

This home

$906/sqft, 4.1% above the building median of $870.

Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2027, structural to 2032.

Homes for sale at Avalon 3, Vancouver Recent sold listings in Avalon 3, Vancouver

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

Map, sell speed & climate

SkyTrain 2.88 km · Killarney Secondary School 6.3/10 · 2.48 km · crime average · sell-speed score 54/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

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 · 206 m · Bank
Scotiabank · 211 m · Bank

Cafes (4 nearby)

Angus t bakery & cafe · 173 m · Cafe
Starbucks · 190 m · Cafe
Boketto dessert cafe · 236 m · Cafe

Groceries (3 nearby)

Save-on-foods · 166 m · Supermarket
Shell · 316 m · Convenience
Red square · 607 m · Bakery

Healthcare (1 nearby)

Shoppers drug mart · 228 m · Healthcare

Parks & Recreation (1 nearby)

Kinship housing co-operative playground · 804 m · Playground

Transit (1 nearby)

Bus stop northbound roseberry ave @ keith st · 998 m · Transit

Public Schools

Elementary
Champlain Heights Community Elementary School: Average 1.7 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: 3.15 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: 0.15 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

54 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $1,826,333

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

52 DOM

Listed

656 8575 Rivergrass Drive has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7% below comparable active properties in South Marine, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

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 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. Nearest station: Burnaby South, Burnaby (~3.3 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

15 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Champlain Heights Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 976 m
Suncrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.33 KM
Captain James Cook Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.60 KM
Champlain Heights Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.5 / 10	Distance 1.70 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 2.13 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.18 KM
David Oppenheimer Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.33 KM
Dr. H. N. MacCorkindale Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.47 KM
Killarney Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.3 / 10	Distance 2.48 KM
Sir Charles Kingsford-Smith School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.65 KM
Sir Charles Kingsford-Smith	Public	Grades Served —	Catchment Info —	5.4 / 10	Distance 2.66 KM
Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.68 KM
Sir James Douglas Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.83 KM
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 2.95 KM

Pre-computed routes from 656 8575 Rivergrass Dr, Vancouver, BC

656 8575 Rivergrass Dr, Vancouver, BC Metrotown 2.9 km

56 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Metrotown → Waterfront
56 min
Metrotown, Burnaby
38 min
SFU Burnaby via Metrotown → Production Way
58 min
Richmond Centre via Metrotown → Brighouse
81 min
YVR Airport via Metrotown → YVR-Airport
82 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
12 min
Richmond Centre via No. 3 Rd
11 min
YVR Airport via Bridgeport / Sea Island
13 min

Calculate your commute

656 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 656 8575 Rivergrass Drive

Somewhat Walkable 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Good Transit 51

Transit Score - Good Transit

Many nearby public transportation options

Somewhat Bikeable 44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 656 8575 Rivergrass Drive

2026 assessed value, sourced from City of Vancouver open data (PID 031-595-707).

Total Assessed Value (2026)

$1,944,000

-2.2% YoY

+8.7%/yr over 4 yr

2022 Value Trend 2026

Land

$1,285,000

Buildings

$659,000

Year Built

N/A

Class

Comprehensive Development

Zoning

CD-1 (566)

Property Tax

$6,539

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,285,000	$659,000	$1,944,000	-2.2%
2025	$1,314,000	$674,000	$1,988,000	+1.1%
2024	$1,300,000	$667,000	$1,967,000	-1.0%
2023	$1,313,000	$674,000	$1,987,000	+42.7%
2022	$362,722	$1,029,919	$1,392,641	—

Costs & calculators

Monthly cost about $8,613/month · rent estimate $4,414/month · renting is cheaper than owning here · cash flow if rented −$4,476/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 656 8575 Rivergrass Drive

$8,613 /month

Principal & Interest $6,843

Property Taxes $545

Maintenance fee $1,225

The estimated monthly cost of 656 8575 Rivergrass Drive, Vancouver is $8,613: $6,843 principal and interest with 20% down over 30 years at 4.45%, plus $545 property tax and $1,225 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

−$4,476 /month

Mortgage Payment $6,843

Monthly Cash Flow −$4,476

Break Even Down Payment 73%

Cap Rate -3.2%

Cash on Cash -15.8%

If 656 8575 Rivergrass Drive, Vancouver were rented at $4,414 a month with 5% vacancy, it would fall $4,476 a month short of the mortgage and carrying costs; about 73% 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 656 8575 Rivergrass Drive, Vancouver

$4,414 / month

Rent $4,414

Own $8,613

Principal: $2,201/mo Interest, tax, insurance, fees: $6,412/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,842/mo (year 1) → ~$4,284/mo (year 20) → ~$6,390/mo (year 29).

Net cost to own at year 5 ~$6,412/mo About $1,998/mo more than renting

EstateBlock estimates 656 8575 Rivergrass Drive, Vancouver would rent for about $4,414 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: 656 8575 Rivergrass Drive

Rent vs own

Renting is cheaper here

With 20% down ($339,600) at 4.45%: even counting principal paydown, owning costs more over 30 years

Principal paid off by year 5 $121,052

Principal paid off by year 10 $272,206

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 656 8575 Rivergrass Drive, Vancouver stays cheaper than owning it over 30 years, with $121,052 of principal paid off by year 5 and $272,206 by year 10.