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First-Time Home Buyers & Investors Alert! Welcome to the best value 1 bed, 1 bath home at Fraser Commons,a perfect opportunity for first-time buyers or savvy investors in a high-demand. This bright and modern unit features floor-to-ceiling windows, abundant natural light, and air conditioning throughout for year-round comfort. Enjoy a full suite of amenities including:Concierge service, Fully equipped fitness centre, Business and multi-purpose rooms with kitchen, Stunning rooftop terrace with BBQ and garden. Pet- and rental-friendly, with the peace of mind of a 2-5-10 home warranty. Conveniently located within walking distance to transit, groceries, and shops. Just minutes from the SkyTrain with quick access to Richmond, YVR, Downtown Vancouver, T&T, Langara, UBC, and more.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave |
| Interior Features | Elevator, Storage |
| Heating Type | Heat Pump |
| Cooling | Air Conditioning |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
| Exterior Features | Playground, Balcony |
|---|---|
| View Description | City |
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $468,800 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 483 |
| Year Built | 2021 |
| Age Of Building | 5 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $350.64 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | None, Guest, Side Access |
| Total Parking Spaces | 0 |
| Strata Restrictions | Pets Allowed w/Rest. |
| Pet Restrictions | Yes With Restrictions |
| Rental Suites | None |
| Lot Size Depth | Feet |
|---|---|
| MLS® # | R3133948 |
| Area | Vancouver East |
| Neighbourhood | South Vancouver |
| City | Vancouver |
| Postal Code | V5X 0J8 |
| Gross Taxes | $1,674.52 |
| Zoning | CD-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 6'2 x 6'2 ft |
| Main Level | Kitchen | 9'2 x 9'2 ft |
| Main Level | Living Room | 10'5 x 10'5 ft |
| Main Level | Bedroom | 10'3 x 10'3 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: 1NE Collective Realty Inc.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
1501 8188 Fraser Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5X 0J8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~5.5 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
1501 8188 Fraser St, Vancouver, BC is ideally located for commuters. The property is 1.9 km from Marine Drive, with a 43 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Fraser St @ SE Marine Dr (0.03 km). Walk Score Transit rating: Good Transit (56/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $381,000 | $122,000 | $503,000 |
-6.3%
|
| 2025 | $407,000 | $130,000 | $537,000 |
-6.4%
|
| 2024 | $435,000 | $139,000 | $574,000 |
-5.6%
|
| 2023 | $460,000 | $148,000 | $608,000 |
+0.2%
|
| 2022 | $397,000 | $210,000 | $607,000 | — |
Based on 6 comparable active apartments/condos in South Vancouver, the average asking price is $494,227. This listing is priced 5.1% below the neighbourhood average.
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