Experience elevated living at Avalon 3 by Wesgroup, located in the heart of Vancouver’s vibrant River District. This bright & airy 2-bedroom, 2-bath residence boasts an open-concept layout with soaring ceilings & contemporary wide-plank flooring throughout. The chef-inspired kitchen showcases premium JennAir appliances, sleek quartz countertops, & an oversized island perfect for casual dining or entertaining. Designed for year-round comfort, the home features efficient heating & cooling with integrated air conditioning. Includes one parking stall. Residents enjoy exclusive access to resort-style amenities including a stunning outdoor pool, hot tub, fully equipped gym, & social lounge. Just steps from trendy eateries, everyday essentials, & picturesque riverside trails!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave |
| Interior Features | Elevator, Guest Suite |
| Fireplace | 0 |
| Heating Type | Forced Air, Heat Pump |
| Cooling | Central Air, Air Conditioning |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate, Mixed, Tile |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Playground, Balcony |
|---|---|
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $739,900 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 831 |
| Year Built | 2022 |
| Age Of Building | 4 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water |
| Building Name | Avalon 3 |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $473.66 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Guest, Garage Door Opener |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed,Rentals Allowed |
| Pet Restrictions | Cats OK, Dogs OK, Number Limit (Two), Yes |
| Units In Development | 329 |
| MLS® # | R3128865 |
|---|---|
| Area | Vancouver East |
| Neighbourhood | South Marine |
| City | Vancouver |
| Postal Code | V5S 0J7 |
| Gross Taxes | $2,485.27 |
| Zoning | CD-1 |
| Status | Date | Price |
|---|---|---|
| R3128865 / Active | 05-27-2026 | $739,900 |
| R3112419 / Terminated | 04-15-2026 | $739,900 |
| R3096884 / Terminated | 03-05-2026 | $759,800 |
| R3083627 / Terminated | 01-26-2026 | $779,800 |
| R3076199 / Terminated | 01-05-2026 | $799,800 |
| R3072595 / Terminated | 12-05-2025 | $799,800 |
| R3054961 / Terminated | 10-01-2025 | $799,800 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 5'1 x 5'1 ft |
| Main Level | Kitchen | 12'0 x 12'0 ft |
| Main Level | Dining Room | 10'8 x 10'8 ft |
| Main Level | Living Room | 10'5 x 10'5 ft |
| Main Level | Bedroom | 10'6 x 10'6 ft |
| Main Level | Primary Bedroom | 9'10 x 9'10 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
Listed by: RE/MAX Crest Realty & RE/MAX Crest Realty
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
553 8575 Rivergrass Drive 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 V5S 0J7, 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 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~3.3 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 |
|---|---|---|---|---|---|
| Schools Near 553 8575 Rivergrass Drive | |||||
Calculate your commute
553 8575 Rivergrass Dr, Vancouver, BC is ideally located for commuters. The property is 2.9 km from Metrotown, with a 56 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Sawmill Cres @ River District Crossing (0.15 km). Walk Score Transit rating: Good Transit (51/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $547,000 | $233,000 | $780,000 |
-2.1%
|
| 2025 | $559,000 | $238,000 | $797,000 |
-2.3%
|
| 2024 | $572,000 | $244,000 | $816,000 |
+4.2%
|
| 2023 | $549,000 | $234,000 | $783,000 |
+28.5%
|
| 2022 | $158,691 | $450,590 | $609,281 | — |
Based on 41 comparable active apartments/condos in South Marine, the average asking price is $770,424. This listing is priced 4% below the neighbourhood average.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$699,900
1104 8570 Rivergrass Drive, Vancouver, BC
$779,000
414 8508 Rivergrass Drive, Vancouver, BC
$850,000
2406 3538 Sawmill Crescent, Vancouver, BC
$850,000
2406 3538 Sawmill Crescent, Vancouver, BC
$599,900
512 3538 Sawmill Crescent, Vancouver, BC
$769,000
1405 3581 E Kent Avenue North, Vancouver, BC
$759,900
1403 3581 E Kent Avenue North Avenue, Vancouver, BC
$798,000
501 3538 Sawmill Crescent, Vancouver, BC
$839,800
1607 3538 Sawmill Crescent, Vancouver, BC
$685,000
309 3588 Sawmill Crescent, Vancouver, BC
$688,800
310 3588 Sawmill Crescent, Vancouver, BC
$688,000
413 3588 Sawmill Crescent, Vancouver, BC