2705 488 SW Marine Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R3017801

$558,000
Est. Mortgage $2,469/mo
Marine Gateway
1 Beds
1 Baths
488 sqft
1143 $ /sqft
347.22 $ Maint. fee
2015 built
$558,000
$568,000
Est. $2,469/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

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Property Details for 2705 488 SW Marine Drive

Welcome to Marine Gateway – Urban Living at Its Best! This efficient and well-designed 1 Bedroom, 1 Bathroom home offers open-concept living, sleek finishes, and stunning city views at one of South Vancouver’s most convenient and vibrant communities. Direct access to Marine Drive SkyTrain Station – just minutes to Downtown, Richmond, and YVR. T&T Supermarket, Cineplex, restaurants, banks & shops right downstairs. Close to Winona Park, Langara Golf Course, Langara College, and more! Enjoy everything you need at your doorstep in a growing, transit-oriented neighborhood that offers unbeatable walkability and connectivity

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Baseboard
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $558,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 488
Year Built 2015
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Water
Building Name Marine Gateway
Ownership Type Freehold Strata
Maintenance Fee $347.22
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions

Lot & Land

MLS® # R3017801
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Postal Code V5X 0C6
Gross Taxes $1,733.42
Zoning CD-1

Property Timeline

Status Date Price
R3017801 / Active 06-19-2025 $558,000
Rooms
Floor Type Dimensions
Main Level Kitchen 7'2 x 7'2 ft
Main Level Dining Room 12'3 x 12'3 ft
Main Level Living Room 12'2 x 12'2 ft
Main Level Bedroom 10'0 x 10'0 ft
Main Level Laundry 4'2 x 4'2 ft
Main Level Foyer 5'0 x 5'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

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.

Map & Neighbourhood

Public Schools

Elementary
J.W. Sexsmith Community Elementary School
Above Average
0.92 km
7.8/10
Secondary
Sir Winston Churchill Secondary School
Above Average
1.34 km
8.1/10

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

Private Schools

Elementary
St. Anthony of Padua
Above Average
1.64 km
9.4/10
Secondary
Royal Canadian College
Average
0.36 km
5.6/10

Closest Transit

Bus Stop
Marine Drive Station @ Bay 2
0.07 km
Skytrain
Skytrain @ Marine Drive Stn
0.08 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
36.9%
No Certificate/Degree
Average
12.6%
Owner Occupied
Below Average
47.5%
Employment Rate
Average
65.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
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

33 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $399,974
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.08 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MARPOLE compares
This property
385 DOM
Listed
Marpole avg
Vancouver avg

2705 488 SW Marine Drive has a sell-speed score of 33/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 28.3% above comparable active properties in Marpole. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5X 0C6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5X 0C6, 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 A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~3.7 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 2705 488 SW Marine Drive

Pre-computed routes from 2705 488 SW Marine Dr, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Marine Drive → Waterfront
    21 min
  • Metrotown, Burnaby via Marine Drive → Metrotown
    39 min
  • SFU Burnaby via Marine Drive → Production Way
    46 min
  • Richmond Centre via Marine Drive → Brighouse
    12 min
  • YVR Airport via Marine Drive → YVR-Airport
    13 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    10 min
  • Metrotown, Burnaby via Lougheed Hwy
    10 min
  • SFU Burnaby via Gaglardi Way
    18 min
  • Richmond Centre via No. 3 Rd
    6 min
  • YVR Airport via Bridgeport / Sea Island
    6 min

Calculate your commute

2705 488 SW Marine Dr, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Marine Drive, with a 21 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Marine Drive Station @ Bay 2 (0.07 km). Walk Score Transit rating: Excellent Transit (76/100).

Walkability & Transit Near 2705 488 SW Marine Drive

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
84

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2705 488 SW Marine Drive

2026 assessed value, sourced from City of Vancouver open data (PID 029-651-182).
Total Assessed Value (2026)
$520,000
-9.6% YoY
-2.7%/yr over 4 yr
2022 Value Trend 2026
Land
$371,000
Buildings
$149,000
Year Built
2015
Class
Comprehensive Development
Zoning
CD-1 (523)
Property Tax
$1,749
Year Land Improvements Total Assessed YOY Change
2026 $371,000 $149,000 $520,000
-9.6%
2025 $410,000 $165,000 $575,000
-1.5%
2024 $417,000 $167,000 $584,000
-2.2%
2023 $426,000 $171,000 $597,000
+3.1%
2022 $402,000 $177,000 $579,000

Mortgage Calculator for 2705 488 SW Marine Drive

/month
Principal & Interest
Property Taxes $144
Maintenance fee 347.22
A 20% down payment of $111,600 on this $558,000 listing yields an estimated mortgage of $2,131/month (30-year fixed, 4%). Total estimated housing cost: $2,622/month, $144 property tax, $347 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
With $2,014/month in estimated rental income against $2,677/month in mortgage payments, the monthly cashflow is -$663/month. A 45% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Marpole, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $558,000
Vancouver Loading...
Marpole Loading...

Based on 35 comparable active apartments/condos in Marpole, the average asking price is $539,764. This listing is priced 3.4% above 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 2705 488 SW Marine Drive

Walk Score Badge
Car-Dependent 92

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
84

Bike Score - Very Bikeable

Biking is convenient for most trips

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