203 1611 E 3rd Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3135868

$459,000
Est. Mortgage $2,031/mo
Villa Verde
1 Beds
1 Baths
658 sqft
698 $ /sqft
488.81 $ Maint. fee
1975 built
$459,000
$469,000
Est. $2,031/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 203 1611 E 3rd Avenue

VILLA VERDE - Renovated 658 sq/ft one bedroom condo updated in 2018 with new Kitchen & Bathroom, engineered hardwood flooring, stainless steel appliances, maple cabinets, quartz countertops and tile backsplash. Building updates include: High efficiency furnace & Fire Panel (2015), Roof (2011), plumbing and boiler (2008). Good building with a low monthly strata fee that includes Heat and Hot Water. 1 dog of any size or 1 cat allowed. One parking and one storage locker included. Fantastic location just off of Commercial Drive is within easy walking distance of transit, shopping and restaurants.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Unfinished
Appliances Included Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 0
Heating Type Baseboard, Hot Water
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $459,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 658
Year Built 1975
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Water
Building Name Villa Verde
Ownership Type Freehold Strata
Maintenance Fee $488.81
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Community
Parking Type Garage Under Building, Lane Access, Rear Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 20

Lot & Land

MLS® # R3135868
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Postal Code V5N 1H1
Gross Taxes $1,635.53
Zoning RES

Property Timeline

Status Date Price
R3135868 / Active 06-15-2026 $459,000
Rooms
Floor Type Dimensions
Main Level Kitchen 6'3 x 6'3 ft
Main Level Living Room 13'1 x 13'1 ft
Main Level Dining Room 10'2 x 10'2 ft
Main Level Primary Bedroom 12'2 x 12'2 ft
Main Level Patio 13'6 x 13'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal LePage Elite West

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.

Map & Neighbourhood

Public Schools

Secondary
Britannia Community Secondary School
Average
0.91 km
5/10

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

Private Schools

Elementary
St Francis of Assisi
Above Average
1.09 km
8.9/10
Elementary, Secondary
Stratford Hall School
Above Average
1.16 km
8.9/10

Closest Transit

Bus Stop
Southbound Commercial Dr @ E 2nd Ave
0.12 km
Skytrain
Skytrain @ Commercial-Broadway Stn
0.64 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
39.1%
No Certificate/Degree
Average
13.3%
Owner Occupied
Average
66.8%
Employment Rate
Below Average
46%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

57 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $508,985
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GRANDVIEW WOODLAND compares
This property
24 DOM
Listed
Grandview Woodland avg
Vancouver avg

203 1611 E 3rd Avenue has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.9% below comparable active properties in Grandview Woodland, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5N 1H1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5N 1H1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~1 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 203 1611 E 3rd Avenue

Pre-computed routes from 203 1611 E 3rd Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Commercial-Broadway → Waterfront
    20 min
  • Metrotown, Burnaby via Commercial-Broadway → Metrotown
    20 min
  • SFU Burnaby via Commercial-Broadway → Production Way
    27 min
  • Richmond Centre via Commercial-Broadway → Brighouse
    45 min
  • YVR Airport via Commercial-Broadway → YVR-Airport
    46 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    4 min
  • Metrotown, Burnaby via Lougheed Hwy
    8 min
  • SFU Burnaby via Gaglardi Way
    13 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    14 min

Calculate your commute

203 1611 E 3rd Ave, Vancouver, BC is ideally located for commuters. The property is 0.6 km from Commercial-Broadway, with a 20 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Commercial Dr @ E 2nd Ave (0.12 km). Walk Score Transit rating: Excellent Transit (88/100).

Walkability & Transit Near 203 1611 E 3rd Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 88

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
92

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 203 1611 E 3rd Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 003-744-892).
Total Assessed Value (2026)
$488,600
-6.8% YoY
+0.6%/yr over 4 yr
2022 Value Trend 2026
Land
$422,000
Buildings
$66,600
Year Built
1975
Class
Residential
Zoning
RM-4
Property Tax
$1,644
Year Land Improvements Total Assessed YOY Change
2026 $422,000 $66,600 $488,600
-6.8%
2025 $453,000 $71,500 $524,500
-2.1%
2024 $463,000 $73,000 $536,000
+4.2%
2023 $444,000 $70,200 $514,200
+7.8%
2022 $388,000 $89,100 $477,100

Mortgage Calculator for 203 1611 E 3rd Avenue

/month
Principal & Interest
Property Taxes $136
Maintenance fee 488.81
With a 20% down payment, buyers can expect an estimated $2,378/month in total housing costs on this $459,000 property — $1,753 mortgage payment, $136 property tax, $489 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $1,744/month estimated rent and $2,431/month in total housing costs, this property has a -$687/month cashflow. Break-even down payment: approximately 52%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Grandview Woodland, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $459,000
Vancouver Loading...
Grandview Woodland Loading...

Based on 24 comparable active apartments/condos in Grandview Woodland, the average asking price is $533,700. This listing is priced 14% below the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 203 1611 E 3rd Avenue

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 88

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
92

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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