601 8570 Rivergrass Drive — Vancouver East


$ 509,900 FOR SALE MLS# R3145788
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Welcome to Avalon Park 2 in Vancouver’s vibrant River District – an ideal home for first-time buyers, downsizers, or anyone seeking a well-connected urban lifestyle! This bright and efficient 1 bedroom + den, 1 bathroom home offers 561 sq.ft. of thoughtfully designed living space, along with a 61 sq.ft. covered balcony for year-round enjoyment. The functional den is perfect for a home office, pantry, or extra storage. Featuring large windows, an open layout, and central heating and air conditioning for year-round comfort. Enjoy a full range of amenities including gyms, lounges, meeting and games rooms, and sky lounges. Just steps to riverfront trails, parks, Save-On-Foods, shops, restaurants, and transit. Includes 1 parking stall and 1 storage locker.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area561 sqft
Property TypeResidential – Apartment/Condo
MLS® R3145788
StatusActive
Listing BrokerRE/MAX Crest Realty

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
Mmm 00, 0000 R0000000 $0,000,000 Sold
14 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 $ 509,900
Median Price per SqFt $842 $909
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.