409 8508 Rivergrass Drive — Vancouver East


$ 955,000 FOR SALE MLS# R3154564
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Welcome to Avalon 1 West in the heart of River District, one of Vancouver’s most sought-after waterfront communities. This spacious 3-bedroom, 2-bathroom home offers over 1,200 sq.ft. of functional living space, plus a den ideal for a home office. The open-concept layout enjoys beautiful northwest exposure, filling the home with natural light, while a mini-split heat pump provides year-round comfort with A/C. Enjoy the convenience of nearby shops, grocery stores, restaurants, and waterfront trails. Perfect for growing families or those seeking extra space at an affordable price point. Includes 2 parking stalls and 2 storage lockers. Don’t miss this opportunity! Open House Sat & Sun August 15&16 from 2-4pm
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Property Details

Bedrooms3
Bathrooms2
Living Area1,203 sqft
Property TypeResidential – Apartment/Condo
MLS® R3154564
StatusActive
Listing BrokerReal Broker

Property History

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

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Market Overview

South Marine · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos114
Median Asking Price $ 728,000 $ 955,000
Median Price per SqFt $863 $794
Median Days on Market 84
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 1 ▼94.1% 12 17
Median Selling Price $ 1,010,000 ▲40.3% $ 697,500 $ 720,000
Median Price per SqFt $953 ▲14.7% $807 $831
Median Days on Market 401926
Median Discount Off Ask 2.7%2.7%3.5%
New Listings 32714
Months of Inventory 9.2

At the current sales pace, it would take about 9 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.