1508 108 E 1st Avenue — Vancouver East


$ 1,200,000 FOR SALE MLS# R3146850
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Perched on the coveted NW comer of the sub-penthouse level, this home at Meccanica offers space, light and design pedigree rarely found in Olympic Village. Industrial-cool architecture meets refined interiors; over-height ceilings and A/C set an elevated tone. Cross-suite bedrooms ensure privacy; the primary easily fits a king bed and features a spa ensuite with soaker tub, walk-in shower and double vanity. The well proportioned living room flows to a true dining area, ideal for entertaining or family life. Floors were just refinished. Built by Cressey, celebrated for the signature Cressey Kitchen and 55+ years of quality craftsmanship, and designed by Rafii Architects, this home sits steps from the Seawall, Main Street and Olympic Village's best cafes, shops and transit.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms2
Bathrooms2
Living Area984 sqft
Property TypeResidential – Apartment/Condo
MLS® R3146850
StatusActive
Price Change↓ Price Reduced
Listing BrokerEngel & Volkers Vancouver

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

Mount Pleasant VE · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos113
Median Asking Price $ 689,900 $ 1,200,000
Median Price per SqFt $1,052 $1,220
Median Days on Market 44
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 0 ▼100.0% 2 30
Median Selling Price ▼100.0% $ 569,625 $ 642,500
Median Price per SqFt ▼100.0% $910 $1,016
Median Days on Market 1718
Median Discount Off Ask 2.8%2.9%
New Listings 243511
Months of Inventory 8.4

At the current sales pace, it would take about 8 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.

Mount Pleasant VE: Number of Sales

Mount Pleasant VE: Median Sold Price

Mount Pleasant VE: Median Sold Price per SqFt

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