Welcome to Avalon Park 2 in Vancouver’s vibrant River District – an ideal home for first-time buyers, downsizers, or anyone seeking a well-connected urban lifestyle! This bright and efficient 1 bedroom + den, 1 bathroom home offers 561 sq.ft. of thoughtfully designed living space, along with a 61 sq.ft. covered balcony for year-round enjoyment. The functional den is perfect for a home office, pantry, or extra storage. Featuring large windows, an open layout, and central heating and air conditioning for year-round comfort. Enjoy a full range of amenities including gyms, lounges, meeting and games rooms, and sky lounges. Just steps to riverfront trails, parks, Save-On-Foods, shops, restaurants, and transit. Includes 1 parking stall and 1 storage locker.
General Info
Price
$525,000
Total Bedrooms
1
Total Bathrooms
1
Half Bathrooms
0
Floor Area Total (sqft)
561
Lot Size
-
Lot Size Depth
-
Lot Size Frontage
-
Basement
None
Basement Features
-
Property Metrics
Year Built
2020
Age Of Building
6
Building Type
Apartment/Condo
Property Type
Residential
Stories
1
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities
Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Building Features
-
Structures
Multi Family, Residential Attached
Additional Details
MLS® #
R3091641
Building Name
Avalon 2
Area
Vancouver East
Neighbourhood
South Marine
City
Vancouver
Postal Code
V5S 0H4
Price per Sqft
$936
Gross Taxes
$1,811.72
Ownership Type
Freehold Strata
Maintenance Fee
$398.74
Community Features
Shopping Nearby
Amenities Nearby
Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Fixtures Included
-
Heating & Cooling
Fireplace
0
Heating Type
Heat Pump, Hot Water, Natural Gas
Cooling
Central Air, Air Conditioning
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
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.
Neighborhood & Transit Info
Public Schools
Elementary
Champlain Heights Community Elementary School
1.7 km
Secondary
Killarney Secondary School
2.49 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Qawsain Knowledge House
3.17 km
Secondary
Vancouver Formosa Academy
3.42 km
Closest Transit
Bus Stop
Eastbound Sawmill Cres @ River District Crossing
0.18 km
Skytrain
Skytrain @ Metrotown Stn
2.86 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Above Average
35.1%
No Certificate/Degree
Below Average
12.4%
Owner Occupied
Average
62.7%
Employment Rate
Above Average
66.4%
Noise/ Power Lines
Road/Hwy Noise
Unlikely
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$151
Maintenance fee0
Financing 80% of the $525,000 asking price over 30 years at 4% results in approximately $2,555/month in total estimated carrying costs, $151 property tax, $399 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
This listing generates an estimated $1,995/month in rental income, leaving a -$612/month cashflow at current carrying costs. Investors targeting break-even would need roughly 45% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$525,000
Vancouver
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South Marine
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36 comparable Apartment/Condos are currently active in South Marine, with a median asking price of $584,091. This property is listed 10.1% below the local average and 27.7% below the Vancouver 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
Property FAQs
What are the closest top-rated schools to 601 8570 Rivergrass Drive, Vancouver, BC?
The closest top-rated schools are Champlain Heights Community Elementary School and Killarney Secondary School.
Is 601 8570 Rivergrass Drive, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 601 8570 Rivergrass Drive, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,150.
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