Property Type: Condo / ApartmentOwnership: Strata

1508 8538 RIVER DISTRICT CROSSING

Vancouver, BC V5S0C9

$549,000

1 bed1 bath1 parking530 sqftBuilt 2018
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Amenities

Gym

Also listed: Recreation Centre, Guest Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$373/mo
Annual property tax
$1,708.81 (2025)

Interior

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

Exterior & Lot

Pool
Indoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3131240
Listed
June 2, 2026
Time on market
On the market for 90 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Tri-Cities Realty · Data source: CREA DDF.

Description

ONE TOWN CENTRE in RIVER DISTRICT, a vibrant master-planned waterfront community offering convenience, lifestyle and modern living, all in one. This bright 1 BDRM & FLEX home features a functional layout with plenty of natural light, perfect for working from home. Take in a leisurely stroll along the Fraser River and enjoy access to an impressive 14,000 square ft recreation center with exceptional amenities designed for comfort and wellness. This unit is ideally located close to transportation, childcare center, retail shopping, grocery stores, restaurants, recreation and 2 nearby golf courses. Everything you need is just steps away. Currently tenanted, making it a perfect opportunity for anyone looking to invest in one of Vancouver's most desirable communities. (id:63159)

Values & Trends

This listing

$1,036/sqft

Building average

$926/sqft

5 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 1 stall(s) includedStorage 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

74

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

SchoolTypeDistance
Champlain Heights AnnexElementary849 m
Suncrest ElementaryElementary1.3 km
Captain James Cook ElementaryElementary1.5 km
Champlain Heights Community ElementaryElementary1.6 km
Anne-HebertElementary1.8 km
David Oppenheimer ElementaryElementary2.2 km
South Slope ElementaryElementary2.3 km
Killarney SecondarySecondary2.3 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

StopTypeDistance
Eastbound Sawmill Cres @ River District Crossing75 m
Westbound Sawmill Cres @ River District Crossing95 m
Eastbound SE Marine Dr @ Matheson Cres166 m
Northbound Matheson Cres @ SE Marine Dr203 m
Westbound SE Marine Dr @ Matheson Cres205 m

Nearby Places

Restaurants (5+)

  • Local Public Eatery · 8558 River District Crossing51 m
  • Lucky Taco69 m
  • Bufala · 3489 Sawmill Crescent78 m
  • Sushi Mura · 3545 Sawmill Crescent78 m
  • District Noodle House · 3468 Sawmill Crescent116 m

Cafes (3)

  • Starbucks · 8540 River District Crossing15 m
  • Boketto Dessert Cafe · 3471 Sawmill Crescent87 m
  • Angus T Bakery & Cafe · 8590 River District Crossing117 m

Grocery (1)

  • Save-On-Foods · 8550 River District Crossing28 m

Parks (5+)

  • Promontory Park · 3601 Marine Way315 m
  • Kinross Ravine Park425 m
  • Kinross North Park · Kinross Street468 m
  • Kinross Middle Park484 m
  • Kinross South Park519 m

Gyms (2)

  • Orangetheory Fitness · 3479 Sawmill Crescent92 m
  • Rhythm Club · 3268 Marine Way514 m

Pharmacies (1)

  • Shoppers Drug Mart · 8525 River District Crossing49 m

Banks & ATMs (4)

  • TD Canada Trust · 8502 River District Crossing13 m
  • Prospera Credit Union · 8586 River District Crossing104 m
  • Scotiabank · 3498 Sawmill Crescent105 m
  • Unnamed · 8655 Boundary Road482 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$542.66
Total monthly cost$3,376.23
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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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