409 8508 RIVERGRASS DRIVE
Vancouver, BC V5S0H7
$955,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $836/mo
- Annual property tax
- $3,099.57 (2025)
Interior
- Heating
- Heat Pump, Radiant heat
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Parking
- Total spaces
- 2
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®
- R3154564
- Listed
- August 11, 2026
- Time on market
- On the market for 21 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Real Broker · Data source: CREA DDF.
Description
Welcome to Avalon 1 West in the heart of River District, one of Vancouver´s most sought-after waterfront communities. This spacious 3-bedroom, 2-bathroom home offers over 1,200 sq.ft. of functional living space, plus a den ideal for a home office. The open-concept layout enjoys beautiful northwest exposure, filling the home with natural light, while a mini-split heat pump provides year-round comfort with A/C. Enjoy the convenience of nearby shops, grocery stores, restaurants, and waterfront trails. Perfect for growing families or those seeking extra space at an affordable price point. Includes 2 parking stalls and 2 storage lockers. Don´t miss this opportunity! Open House Sat & Sun August 15&16 from 2-4pm (id:63159)
Values & Trends
This listing
$794/sqft
Building average
$983/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
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
63
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 |
|---|---|---|
| Champlain Heights Annex | Elementary | 959 m |
| Suncrest Elementary | Elementary | 1.3 km |
| Captain James Cook Elementary | Elementary | 1.6 km |
| Champlain Heights Community Elementary | Elementary | 1.6 km |
| Anne-Hebert | Elementary | 2.0 km |
| South Slope Elementary | Elementary | 2.2 km |
| David Oppenheimer Elementary | Elementary | 2.4 km |
| Dr H N Maccorkindale Elementary | Elementary | 2.5 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 |
|---|---|---|
| Eastbound Sawmill Cres @ River District Crossing | — | 181 m |
| Westbound Sawmill Cres @ River District Crossing | — | 265 m |
| Westbound SE Marine Dr @ City Edge Place | — | 276 m |
| Eastbound SE Marine Dr @ City Edge Place | — | 297 m |
| Eastbound SE Marine Dr @ Matheson Cres | — | 315 m |
Nearby Places
Restaurants (5+)
- Sushi Mura · 3545 Sawmill Crescent137 m
- Local Public Eatery · 8558 River District Crossing187 m
- Kokoro Tokyo Mazesoba · 8591 River District Crossing245 m
- Lucky Taco248 m
- Bufala · 3489 Sawmill Crescent253 m
Cafes (3)
- Starbucks · 8540 River District Crossing207 m
- Angus T Bakery & Cafe · 8590 River District Crossing210 m
- Boketto Dessert Cafe · 3471 Sawmill Crescent263 m
Grocery (1)
- Save-On-Foods · 8550 River District Crossing182 m
Parks (5+)
- Promontory Park · 3601 Marine Way150 m
- Boundary Creek Ravine Park604 m
- Kinross Ravine Park631 m
- Kinross North Park · Kinross Street661 m
- Kinross Middle Park662 m
Gyms (2)
- Orangetheory Fitness · 3479 Sawmill Crescent272 m
- Rhythm Club · 3268 Marine Way711 m
Pharmacies (1)
- Shoppers Drug Mart · 8525 River District Crossing248 m
Banks & ATMs (4)
- Prospera Credit Union · 8586 River District Crossing201 m
- TD Canada Trust · 8502 River District Crossing218 m
- Scotiabank · 3498 Sawmill Crescent245 m
- Unnamed · 8655 Boundary Road278 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($70,500) — 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.