2007 488 Sw Marine Drive — Vancouver West


$ 498,000 FOR SALE MLS# R3141099
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MARINE GATEWAY, the ultimate in convenient living with direct access to the Canada Line Skytrain and shopping right at your doorstep. This charming 1 bedroom residence is the most desirable floorplan in the building with city & mountain views boasting plenty of natural light. Live and Invest in this award-winning, LEED Gold community by PCI Development. Imagine not having to go out into the rain to get your groceries, watch a movie, or getting on the train! Walk out to T&T Supermarket, Shoppers, Banks, Cineplex, Restaurants & Cafes. Just a quick skytrain ride to YVR Airport, Richmond, Oakridge & Downtown. Amenities include a fireside lounge, luxurious kitchen, business centre, caretaker lounge, rooftop play & BBQ area. MUST SEE VIRTUAL TOUR!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms1
Bathrooms1
Living Area548 sqft
Property TypeResidential – Apartment/Condo
MLS® R3141099
StatusPending
Listing BrokerRennie & Associates Realty Ltd.

Property History

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

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Market Overview

Marpole · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos93
Median Asking Price $ 599,900 $ 498,000
Median Price per SqFt $1,064 $909
Median Days on Market 64
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 0 ▼100.0% 10 16
Median Selling Price ▼100.0% $ 554,000 $ 685,000
Median Price per SqFt ▼100.0% $887 $1,034
Median Days on Market 2020
Median Discount Off Ask 2.8%2.7%
New Listings 71713
Months of Inventory 12.4

At the current sales pace, it would take about 12 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.

Marpole: Number of Sales

Marpole: Median Sold Price

Marpole: Median Sold Price per SqFt

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