Property Type: Condo / ApartmentOwnership: Strata

1501 8188 FRASER STREET

Vancouver, BC V5X0J8

$468,800

1 bed1 bath0 parking483 sqftBuilt 2021
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$351/mo
Annual property tax
$1,674.52 (2025)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
0 — uncovered indicated
Features
Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3133948
Listed
June 9, 2026
Time on market
On the market for 83 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: 1NE Collective Realty Inc. · Data source: CREA DDF.

Description

First-Time Home Buyers & Investors Alert! Welcome to the best value 1 bed, 1 bath home at Fraser Commons-a perfect opportunity for first-time buyers or savvy investors in a high-demand. This bright and modern unit features floor-to-ceiling windows, abundant natural light, and air conditioning throughout for year-round comfort. Enjoy a full suite of amenities including:Concierge service, Fully equipped fitness centre, Business and multi-purpose rooms with kitchen, Stunning rooftop terrace with BBQ and garden. Pet- and rental-friendly, with the peace of mind of a 2-5-10 home warranty. Conveniently located within walking distance to transit, groceries, and shops. Just minutes from the SkyTrain with quick access to Richmond, YVR, Downtown Vancouver, T&T, Langara, UBC, and more. (id:63159)

Values & Trends

This listing

$971/sqft

Building average

$925/sqft

4 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

6/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Pierre Elliott Trudeau ElementaryElementary534 m
Walter Moberly ElementaryElementary687 m
John Henderson ElementaryElementary1.3 km
Sir James Douglas AnnexElementary1.4 km
Sir James Douglas ElementaryElementary1.4 km
J.W. Sexsmith Community ElementaryElementary1.5 km
St Andrew's(Independent)Elementary1.8 km
David Thompson SecondaryElementary1.8 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Southbound Fraser St @ SE Marine Dr31 m
Southbound Fraser St @ E 65 Ave41 m
Eastbound SE Marine Dr @ Fraser St45 m
Westbound SE Marine Dr @ Chester St65 m
Northbound Fraser St @ E 65 Ave99 m

Nearby Places

Restaurants (4)

  • Barcelos Flame Grilled Chicken · 713 Southeast Marine Drive25 m
  • Pho Zen Vietnamese Cuisine · 654 Southeast Marine Drive124 m
  • New Fishport Seafood Bistro · 620 Southeast Marine Drive150 m
  • The View's Dosa Hub · 8248 Fraser Street165 m

Cafes (1)

  • Tim Hortons · 701 Southeast Marine Drive6 m

Grocery (1)

  • Real Canadian Superstore · 350 Southeast Marine Drive706 m

Parks (2)

  • George Park300 m
  • Moberly Park615 m

Gyms (1)

  • Fitness Town · 1306 Southeast Marine Drive760 m

Pharmacies (2)

  • Guardian · 717 Southeast Marine Drive29 m
  • Marks Marine Pharmacy · 239 Southeast Marine Drive782 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,440) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$375,040.00
Periodic payment — Principal & Interest (monthly)$2,419.63
Additional monthly expenses (strata, tax, utilities, etc.)$514.18
Total monthly cost$2,933.81
Interest paid over 5-yr term$107,487.54
Balance at end of term$337,349.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,440
Stress test qualifying rate8.09%
Payment you must qualify for$3,424.66

Cash Needed at Closing

Minimum down payment$23,440
Estimated BC PTT$7,376
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,316

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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