2705 - 488 SW Marine Drive, Vancouver, V5X 0C6 — photo 1

$558,000

2705 - 488 SW Marine Drive, Vancouver, V5X 0C6
Active
1 Bedrooms 1 Bathrooms 488 sqft Built 2015 Residential

About This Property

Welcome to Marine Gateway – Urban Living at Its Best! This efficient and well-designed 1 Bedroom, 1 Bathroom home offers open-concept living, sleek finishes, and stunning city views at one of South Vancouver’s most convenient and vibrant communities. Direct access to Marine Drive SkyTrain Station – just minutes to Downtown, Richmond, and YVR. T&T Supermarket, Cineplex, restaurants, banks & shops right downstairs. Close to Winona Park, Langara Golf Course, Langara College, and more! Enjoy everything you need at your doorstep in a growing, transit-oriented neighborhood that offers unbeatable walkability and connectivity

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Property Details

MLS #

R3017801

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

CD-1

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

488 sqft

Main Floor

488 sqft

Year Built

2015

Age

11 years

Roof

Other

Construction

Concrete, Concrete (Exterior), Glass (Exterior), Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Underground

Original Price

$568,000

Strata Fee

$347.22/mo

Taxes

$1,733.42/yr

Listed

2025-06-19

MLS Area

Marpole

City

Vancouver

Postal Code

V5X 0C6

Subdivision

Marine Gateway

Features & Finishes

Heating

Baseboard

Flooring

Laminate · Mixed · Tile · Carpet

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Laundry

In Unit

Security

Smoke Detector(s) · Fire Sprinkler System

Patio / Porch

Patio · Deck

Interior Features

Elevator

Exterior Features

Garden · Balcony

Building & Community

Pets

Cats OK, Dogs OK, Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Strata Mgmt Co.

DWELL PROPERTY MANAGEMENT

Strata Mgmt Phone

604-821-2999

Lot Features

Central Location

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Bike Room · Caretaker · Trash · Maintenance Grounds · Management · Water

Disclosures

Property Disclosure

Yes

Coordinates: 49.209980, -123.115980 · Map data © Google

5.9

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market20% above market — check if justified
Days on market319 days — significantly stale, strong negotiation position
Price historyPrice dropped 2% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$527,307

5.5% below asking price

Negotiation Range

$513,357$535,677

$22,320 spread

$513,357$558,000 ask

Based on 82 recent sales, a starting offer around $527,307 (5.5% below ask) is reasonable. Your negotiation range is $513,357 – $535,677.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 2% off original ask — indicates motivation
Extended market time319 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM319d vs market avg of 175d — property may have a pricing or condition issue

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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