Property Type: Condo / ApartmentOwnership: Strata

411 8508 RIVERGRASS DRIVE

Vancouver, BC V5S0H7

$529,900

1 bed1 bath1 parking539 sqftBuilt 2020
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Amenities

Gym

Also listed: Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$383/mo
Annual property tax
$1,615.26 (2025)

Interior

Heating
Radiant heat, Natural gas
Fireplace
None

Exterior & Lot

Lot features
Elevator

Building

Parcel ID (PID)
030-988-748

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®
R3088648
Listed
February 10, 2026
Time on market
On the market for 202 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Oakwyn Realty Northwest · Data source: CREA DDF.

Description

Welcome to Unit 411 at 8508 Rivergrass Drive located in the heart of the vibrant River District community. This thoughtfully designed 1 bedroom + flex room home offers a functional and spacious layout with a peaceful courtyard view. The open-concept kitchen features stainless steel appliances, quartz countertops, and under-cabinet lighting, flowing seamlessly into the living room area. The versatile flex room works beautifully as a home office or extra storage. The bathroom is finished with a luxurious soaker tub and in-floor heating for year-round comfort. This unit includes 1 parking stall and 1 storage locker. Enjoy convenience with direct access to waterfront walking and hiking trails, and just steps to grocery, pharmacy, banks and restaurants. Showings after 5pm M-F & anytime Sat/Sun (id:63159)

Values & Trends

This listing

$983/sqft

Building average

$794/sqft

1 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

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

SchoolTypeDistance
Champlain Heights AnnexElementary956 m
Suncrest ElementaryElementary1.3 km
Champlain Heights Community ElementaryElementary1.6 km
Captain James Cook ElementaryElementary1.6 km
Anne-HebertElementary2.0 km
South Slope ElementaryElementary2.1 km
David Oppenheimer ElementaryElementary2.4 km
Dr H N Maccorkindale ElementaryElementary2.5 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

StopTypeDistance
Eastbound Sawmill Cres @ River District Crossing194 m
Westbound SE Marine Dr @ City Edge Place267 m
Westbound Sawmill Cres @ River District Crossing278 m
Eastbound SE Marine Dr @ City Edge Place286 m
Eastbound SE Marine Dr @ Matheson Cres319 m

Nearby Places

Restaurants (5+)

  • Sushi Mura · 3545 Sawmill Crescent149 m
  • Local Public Eatery · 8558 River District Crossing199 m
  • Kokoro Tokyo Mazesoba · 8591 River District Crossing258 m
  • Lucky Taco260 m
  • Bufala · 3489 Sawmill Crescent265 m

Cafes (3)

  • Starbucks · 8540 River District Crossing218 m
  • Angus T Bakery & Cafe · 8590 River District Crossing224 m
  • Boketto Dessert Cafe · 3471 Sawmill Crescent276 m

Grocery (1)

  • Save-On-Foods · 8550 River District Crossing192 m

Parks (5+)

  • Promontory Park · 3601 Marine Way136 m
  • Boundary Creek Ravine Park591 m
  • Kinross Ravine Park641 m
  • Kinross North Park · Kinross Street674 m
  • Kinross Middle Park675 m

Gyms (2)

  • Orangetheory Fitness · 3479 Sawmill Crescent285 m
  • Rhythm Club · 3268 Marine Way723 m

Pharmacies (1)

  • Shoppers Drug Mart · 8525 River District Crossing259 m

Banks & ATMs (4)

  • Prospera Credit Union · 8586 River District Crossing215 m
  • TD Canada Trust · 8502 River District Crossing228 m
  • Scotiabank · 3498 Sawmill Crescent258 m
  • Unnamed · 8655 Boundary Road266 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 411 8508 RIVERGRASS DRIVE

View building profile →
Built 2019

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($27,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$423,920.00
Periodic payment — Principal & Interest (monthly)$2,734.99
Additional monthly expenses (strata, tax, utilities, etc.)$545.01
Total monthly cost$3,279.99
Interest paid over 5-yr term$121,496.69
Balance at end of term$381,317.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,859.51

Cash Needed at Closing

Minimum down payment$27,990
Estimated BC PTT$8,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,088

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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