251 8575 Rivergrass Drive — Vancouver East


$ 2,450 FOR RENT MLS# R3130593
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Welcome to Avalon 3, one of River District's most sought-after communities. This contemporary air-conditioned 1-bedroom plus den home offers a spacious and thoughtfully designed layout, complete with high-end finishes and exceptional building amenities. Featuring premium integrated appliances, a KitchenAid refrigerator, JennAir gas range and wall oven, quartz countertops, a large island, ample cabinetry. Residents enjoy access to an impressive collection of amenities, including concierge service, community gardens, a fully equipped fitness centre, party room, guest suites, and an expansive 10,000 sq. ft. rooftop podium featuring a swimming pool, hot tub, BBQ area, and indoor entertainment lounge. One parking stall is included. If viewing on Zillow please text/email the leasing agent.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area650 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R3130593
StatusRented
Listing BrokerVancouver Luxury Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

South Marine · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos120
Median Asking Price $ 719,900 $ 2,450
Median Price per SqFt $865 $4
Median Days on Market 79
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 0 ▼100.0% 12 17
Median Selling Price ▼100.0% $ 697,500 $ 720,000
Median Price per SqFt ▼100.0% $807 $831
Median Days on Market 1926
Median Discount Off Ask 2.7%3.5%
New Listings 22714
Months of Inventory 9.7

At the current sales pace, it would take about 10 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.