411 8508 Rivergrass Drive — Vancouver East


$ 529,900 FOR SALE MLS# R3088648
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Welcome to Unit 411 at 8508 Rivergrass Drive located in the heart of the vibrant River District community. This thoughtfully designed 1 bedroom + flex room home offers a functional and spacious layout with a peaceful courtyard view. The open-concept kitchen features stainless steel appliances, quartz countertops, and under-cabinet lighting, flowing seamlessly into the living room area. The versatile flex room works beautifully as a home office or extra storage. The bathroom is finished with a luxurious soaker tub and in-floor heating for year-round comfort. This unit includes 1 parking stall and 1 storage locker. Enjoy convenience with direct access to waterfront walking and hiking trails, and just steps to grocery, pharmacy, banks and restaurants. Showings after 5pm M-F & anytime Sat/Sun
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area539 sqft
Property TypeResidential – Apartment/Condo
MLS® R3088648
StatusActive
Price Change↓ Price Reduced
Listing BrokerOakwyn Realty Northwest

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 events on record for this property

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Market Overview

South Marine · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos97
Median Asking Price $ 725,000 $ 529,900
Median Price per SqFt $842 $983
Median Days on Market 64
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼95.5% 0 22
Median Selling Price $ 710,000 ▲7.6% $ 660,000
Median Price per SqFt $928 ▲8.5% $855
Median Days on Market 21817
Median Discount Off Ask 9.0%2.4%
New Listings 192210
Months of Inventory 16.6

At the current sales pace, it would take about 17 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

South Marine: Number of Sales

South Marine: Median Sold Price

South Marine: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for South Marine. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.