1508 108 E 1ST AVENUE
Vancouver, BC V5T0E4
$1,200,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $702/mo
- Annual property tax
- $3,642.14 (2025)
Interior
- Heating
- Heat Pump
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- 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®
- R3146850
- Listed
- July 15, 2026
- Time on market
- On the market for 47 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers Vancouver · Data source: CREA DDF.
Description
Perched on the coveted NW comer of the sub-penthouse level, this home at Meccanica offers space, light and design pedigree rarely found in Olympic Village. Industrial-cool architecture meets refined interiors; over-height ceilings and A/C set an elevated tone. Cross-suite bedrooms ensure privacy; the primary easily fits a king bed and features a spa ensuite with soaker tub, walk-in shower and double vanity. The well proportioned living room flows to a true dining area, ideal for entertaining or family life. Floors were just refinished. Built by Cressey, celebrated for the signature Cressey Kitchen and 55+ years of quality craftsmanship, and designed by Rafii Architects, this home sits steps from the Seawall, Main Street and Olympic Village's best cafes, shops and transit. (id:63159)
Values & Trends
This listing
$1,220/sqft
Building average
$1,146/sqft
1 active listing(s)
Vancouver average
$1,094/sqft
2087 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
17°C
Clear
Humidity 100%
Wind WNW 13 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
67
7/9 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
| School | Type | Distance |
|---|---|---|
| Columbia College(Independent) | Secondary | 547 m |
| St Francis Xavier(Independent) | Elementary | 676 m |
| Mount Pleasant Elementary | Elementary | 862 m |
| St. Patrick Regional Secondary(Independent) | Secondary | 943 m |
| šxʷwəq̓ʷəθət Crosstown Elementary | Elementary | 1.0 km |
| St Patrick's Elementary(Independent) | Elementary | 1.1 km |
| Florence Nightingale Elementary | Elementary | 1.2 km |
| Lord Strathcona Community Elementary | Elementary | 1.3 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
| Stop | Type | Distance |
|---|---|---|
| Westbound E 2nd Ave @ Main St | — | 92 m |
| Southbound Main St @ Switchmen St | — | 124 m |
| Northbound Main St @ E 2nd Ave | — | 125 m |
| Southbound Main St @ E 2nd Ave | — | 158 m |
| Eastbound E 2nd Ave @ Ontario St | — | 171 m |
Nearby Places
Restaurants (5+)
- Tractor · 1751 Quebec Street64 m
- Pho Quynh Express · 1691 Main Street102 m
- Mr Sushi119 m
- Nuba · 146 East 3rd Avenue210 m
- Pho Quynh Express · 91 West 2nd Avenue299 m
Cafes (5+)
- Amato Gelato & Cafè · 78 East 1st Avenue78 m
- Starbucks · 1777 Quebec Street79 m
- Glory Juice · 78 East 2nd Avenue110 m
- Chai Wagon · 196 East 2nd Avenue130 m
- Argo Cafe · 1836 Ontario Street226 m
Grocery (1)
- Save-On-Foods · 1688 Salt Street295 m
Parks (5+)
- East Park185 m
- Creekside Park307 m
- Milton Wong Plaza345 m
- Pocket Park418 m
- Triangle Park494 m
Gyms (5+)
- d.tox spa312 m
- Modo Yoga · 121 West 2nd Avenue393 m
- Lykopis Archery · 2180 Main Street478 m
- Raincity Athletics · 333 Terminal Avenue529 m
- Gracie Barra · 2440 Main Street730 m
Pharmacies (5+)
- yYoung Medicine Mart83 m
- London Drugs · 1622 Salt Street312 m
- Pharmasave · 2140 Main Street453 m
- Indigo Pharmacy Mid-Main · 2205 Main Street504 m
- IIDA Pharmacy · 1149 Main Street524 m
Banks & ATMs (5+)
- Scotiabank · 1750 Manitoba Street296 m
- BMO · 103 West 2nd Avenue346 m
- TD · 1689 Manitoba Street360 m
- Unnamed369 m
- Vancity · 183 Terminal Avenue396 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.