3303 488 SW Marine Dr, Vancouver BC - Apartment/Condo for Sale - MLS# R2924689

$629,990
Est. Mortgage $2,787/mo
2 Beds
1 Baths
636 sqft
991 $ /sqft
455.24 $ Maint. fee
2015 built
24.0% price reduction
$629,990
$828,800
Est. $2,787/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 3303 488 SW Marine Drive

24.0% price reduction

Very rare find and Good rental return! S facing 2 bedrooms corner unit with 270 degrees panoramic STUNNING view of Water, City & Mountains,93SF balcony. Conveniently located above Marine Drive Skytrain Station, T&T Supermarket,Shoppers,Winners,Starbucks,A&W,Subway,Restaurants,Cineplex Theatre, Fitness World, Liquor Store, Pub and much more. Stainless Steel appliances with panneled fridge & dishwasher, granite counter top, soft-closing cabinetry. 1 parking on level P4 & locker. Management fee includes Heating. Very secured and well maintained building. Good long term tenant now on month-to-month lease at $3040/month (increasing to $3,100 in August) without locker. Churchill Secondary catchment. MUST SEE! Please allow min 24 hours to tenant for showing requests. Measurements from floor plan.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features Storage, Pantry
Fireplace 0
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground, Balcony
View Description Water, City and Mountain
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $629,990
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 636
Year Built 2015
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, RV Parking, Sewer, Snow Removal, Water
Ownership Type Freehold Strata
Maintenance Fee $455.24
Amenities Nearby Bike Room, Clubhouse, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, RV Parking, Sewer, Snow Removal, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, 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
Units In Development 415

Lot & Land

MLS® # R2924689
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Postal Code V5X 0C6
Gross Taxes $2,199.42
Zoning CD1

Property Timeline

Status Date Price
R2924689 / Active 09-10-2024 $629,990
Rooms
Floor Type Dimensions
Main Level Living Room 9' x 9' ft
Main Level Kitchen 7' x 7' ft
Main Level Dining Room 7'6 x 7'6 ft
Main Level Bedroom 10'6 x 10'6 ft
Main Level Bedroom 10' x 10' ft
Main Level Foyer 5' x 5' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: LeHomes Realty Premier

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
0.95 km
7.8/10
Secondary
Sir Winston Churchill Secondary School
Above Average
1.33 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
1.6 km
9.4/10
Secondary
Royal Canadian College
Average
0.33 km
5.6/10

Closest Transit

Bus Stop
Marine Drive Station @ Bay 2
0.07 km
Skytrain
Skytrain @ Marine Drive Stn
0.04 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
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

59 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $659,789
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
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
667 DOM
Listed
Marpole avg
Vancouver avg

3303 488 SW Marine Drive has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4.7% below comparable active properties in Marpole, 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 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 3303 488 SW Marine Drive

Pre-computed routes from 3303 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

3303 488 SW Marine Dr, Vancouver, BC is ideally located for commuters. The property is 0.0 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 3303 488 SW Marine Drive

Walk Score Badge
Car-Dependent 93

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
83

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 3303 488 SW Marine Drive

2026 assessed value, sourced from City of Vancouver open data (PID 029-651-719).
Total Assessed Value (2026)
$665,000
-9.6% YoY
-2.4%/yr over 4 yr
2022 Value Trend 2026
Land
$470,000
Buildings
$195,000
Year Built
2015
Class
Comprehensive Development
Zoning
CD-1 (523)
Property Tax
$2,237
Year Land Improvements Total Assessed YOY Change
2026 $470,000 $195,000 $665,000
-9.6%
2025 $520,000 $216,000 $736,000
-0.7%
2024 $523,000 $218,000 $741,000
-4.5%
2023 $548,000 $228,000 $776,000
+5.9%
2022 $521,000 $212,000 $733,000

Mortgage Calculator for 3303 488 SW Marine Drive

/month
Principal & Interest
Property Taxes $183
Maintenance fee 455.24
Based on a 30-year fixed at 4% interest with 20% down ($125,998), the estimated monthly payment for this listing is $3,044/month — $2,406 principal & interest, $183 property tax, $455 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
At an estimated rental income of $2,214/month, this property runs a $882/month shortfall after mortgage and carrying costs. Break-even requires approximately 50% down.
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 $629,990
Vancouver Loading...
Marpole Loading...

Based on 12 comparable active apartments/condos in Marpole, the average asking price is $669,333. This listing is priced 5.9% below the neighbourhood average. This property is flagged as a Hot Deal (24.0% price reduction) based on its competitive pricing and market demand.

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 3303 488 SW Marine Drive

Walk Score Badge
Car-Dependent 93

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
83

Bike Score - Very Bikeable

Biking is convenient for most trips

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