Condo
$525,000
7% less per sq ft1807 1068 HORNBY STREET
Vancouver1 day on market
MLS® R3174002
1 / 19
1 bed · 1 bath · 539 sq ft · 1 parking
Condo · Single Family · built 2020 · 241 days on market
Listed by Marigie Colangelo, Oakwyn Realty Northwest
Realtor's description
Welcome to Unit 411 at 8508 Rivergrass Drive located in the heart of Vancouver's highly sought-after River District community! This meticulously maintained 1 bedroom plus flex room home feels virtually brand new. Featuring a bright and open-concept layout, the home offers a modern kitchen with premium stainless-steel appliances and sleek cabinetry. Residents enjoy access to an impressive selection of amenities, including a gym, multiple amenity rooms with a kitchen, a beautifully landscaped courtyard and guest suites. Enjoy convenience with everything you need just steps from your door including grocery, coffee shops, restaurants, banks, childcare centre, parks, transit and more. 1 parking stall and storage included. Rentals and pets welcome.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 539 sq ft
- Parking
- 1
- Year built
- 2020
- Property tax
- $1,615 / yr
- Strata fee
- $383 / mo ($0.71 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 241
- MLS®
- R3088648
Features
- Elevator
- Pets Allowed With Restrictions
Monthly cost
$2,827/mo
Mortgage $2,309 · Tax $135 · Strata $383
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,714/mo
- After all costs
- −$1,285/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $2,309 · tax $135 · strata $383 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Southeast Vancouver, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Vancouver also charges an empty homes tax. vancouver.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Champlain Heights Elementaryhomes in this catchment
1.6 km away · 6955 Frontenac St, Vancouver · 604-713-4760
- Secondary Killarney Secondaryhomes in this catchment
2.5 km away · 6454 Killarney St, Vancouver · 604-713-8950
From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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