507 8508 Rivergrass Dr, Vancouver, BC, MLS® R2915346

$935,000
Est. Mortgage /mo

Closed

$915,000
Closed at 07 Oct 2024
Listing price: $935,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Trusted, Experienced, & Award-Winning REALTOR®
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 639.16 Maint. Fee
974 sqft
2019 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Welcome to Avalon 1 - Where penthouse luxury meets the vibrant River District! This stunning 2-bed + den residence offers 974 SF of sophisticated living space & an expansive 858 SF private rooftop patio. Featuring a sleek, accessible layout bathed in natural light from oversized windows, this modern home includes a gourmet kitchen, spacious bedrooms, spa-inspired bathrooms, radiant heated floors, & a generous living area perfect for both family & gatherings. Avalon 1 is not just a residence but a lifestyle. Enjoy exclusive amenities such as a three-storey SkyLounge, a state-of-the-art fitness center, a serene garden courtyard, & a versatile multi-purpose room + two guest suites. This penthouse also comes with a dedicated parking space conveniently located near your private storage locker.

General Info

Price $935,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 974
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 5
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2915346
Area Vancouver East
Neighbourhood South Marine
City Vancouver
Gross Taxes $2,825.71
Ownership Type Freehold Strata
Maintenance Fee $639.16
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Hot Water, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Side Access, Concrete
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes
Rental Restrictions 100
Zoning CD-1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage
Locker 1
View 1
View Description North Shore Mountains
Units In Development 362
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
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Listed by: RE/MAX Westcoast & RE/MAX Westcoast & RE/MAX Westcoast

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Champlain Heights Community Elementary School
1.67 km
No Rating
Secondary
Killarney Secondary School
2.48 km
No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Qawsain Knowledge House
3.17 km
No Rating
Secondary
Vancouver Formosa Academy
3.4 km
No Rating

Closest Transit

Translink
Eastbound Sawmill Cres @ River District Crossing
0.19 km

507 8508 Rivergrass Drive is serviced by Champlain Heights Community Elementary School. The property with listing MLS® R2915346 is located 1.67 km from the school. Champlain Heights Community Elementary School has a rating of No Rating.

This home with address 507 8508 Rivergrass Drive, Vancouver, BC is also serviced by Killarney Secondary School and located 2.48 km from it. Killarney Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 507 8508 Rivergrass Drive is Qawsain Knowledge House with School's rating No Rating, located 3.17 km from this home.

The closest to this address 507 8508 Rivergrass Drive Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 3.4 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 507 8508 Rivergrass Drive, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2915346 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 507 8508 Rivergrass Drive are Above Average. Property misconduct rating adjacent to MLS® R2915346 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Eastbound Sawmill Cres @ River District Crossing in 0.19 km away from this listing with - MLS® R2915346.

35.1% of people with university certificate/degree live in this neighbourhood adjacent to the 507 8508 Rivergrass Drive which is High in comparison with other BC neighbourhoods. 12.4% of population in this neighbourhood that is near the Listing MLS® R2915346 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 507 8508 Rivergrass Drive, Vancouver, BC is $76826 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2915346 is $34432 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 62.7% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2915346 is 4.1 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 507 8508 Rivergrass Drive South Marine where population change between 2011 and 2016 was 12.8%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 507 8508 Rivergrass Drive, Vancouver, BC is 2930 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 507 8508 Rivergrass Drive is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2915346 is 66.4% and it is Above Average. % of Married or living common law is around 59.1% and it is Average.

Average age of the population close to the 507 8508 Rivergrass Drive is 42 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 507 8508 Rivergrass Drive, Vancouver, BC is $762082 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 507 8508 Rivergrass Drive. $1445 owners spent in average for the dwelling. Tenants are paying $1182 in this district close to MLS® R2915346 and it is Above Average comparing to other cities.

35.4% of Population in this district near the 507 8508 Rivergrass Drive are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 507 8508 Rivergrass Drive, Vancouver, BC is 6%, it is Below Average, % of English speakers only is 88.2% and Below Average. % of Neither English nor French speakers close to home for sale 507 8508 Rivergrass Drive, Vancouver, BC is 5.7% and it is High comparing to other BC cities.

20.4% of all population in the area around this property with the address 507 8508 Rivergrass Drive, Vancouver, BC using Public Transport which is Above Average, 76.7% of using population are using Cars around MLS® R2915346, which is Below Average. 1% of people using Bicycles around the 507 8508 Rivergrass Drive and it is Average. 1.6% of population are walking which is Low

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 639.16
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $935,000
Vancouver $1,072,611
South Marine $784,508
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Trusted, Experienced, & Award-Winning REALTOR®
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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