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Vancouver neighbourhood

South Marine homes for sale

119 listings, median $757,000. 45% below the Vancouver median.

Median asking
$757K
Asking range
$448K to $1.90M
Versus the Vancouver median
-45%

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Median asking
$757K
Asking range
$448K to $1.90M
Versus the Vancouver median
-45%

South Marine homes for sale

119 active listings

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).

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South Marine questions

South Marine has 119 active MLS® listings. The median asking price is $757K, with homes listed from $448K to $1.90M. That is about 45% below the Vancouver median of $1.39M. Figures reflect current asking prices on active listings, not sold prices.

Condo / Apartment listings make up 76% of what is for sale in South Marine (90 of 119 listings), with a median asking price of $716K. Townhouse listings are next at 21%, typically asking $959K. The gap between property types is real money here: a typical condo asks $716K while a typical detached home asks $1.56M.

For context across Vancouver: Downtown VW (median $750K), West End VW (median $927K), Yaletown (median $1.05M). South Marine sits mid-range among these areas by median asking price. Comparing a few adjacent areas is often the fastest way to see whether a listing is priced with its street or against it.

About South Marine

Typical year built
2018
Median living area
929 sq ft
Median strata fee
$597 per month
Median walk score
64 of 100
Postal areas covered
V5S, V5P

What kind of homes are in South Marine?

Almost everything for sale in South Marine is apartment living: 76% of the current listings are condos. Buyers here are choosing a floor plan and a building, not a lot.

The next largest group is townhouses, at 21% of what is listed.

Construction dates are spread out. The median home for sale dates to 2018, with most of the market falling between 1994 and 2022, so condition and updates vary a lot from listing to listing.

31% of the current listings were built in the last five years, so new-construction inventory is a real option here rather than an exception.

What do you actually get for the money?

The 2-bedroom plan is the most common listing, with smaller and larger homes on either side of it.

A typical listing here offers about 929 sq ft of living space and 2 bathrooms.

Secured parking comes with most units: 96% of listings include a garage or parkade stall.

Strata or freehold?

Every home currently for sale in South Marine is strata-titled. Monthly fees, depreciation reports and bylaws are part of any offer you write here.

Across the 115 listings that disclose one, the median strata fee is $597 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around South Marine

There is no rapid-transit station in South Marine, but 88% of the listings are within reach of a frequent bus route.

Across 116 scored listings the median walk score is 64 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.

Cycling scores better than walking in a lot of the city, and it does here too: the median bike score across scored listings is 86.

Setting and surroundings

20% of the current listings are waterfront, which is rare enough anywhere in the region to shape pricing on the streets around them.

A view is claimed on 52% of the listings. Views are priced aggressively and are the first thing a new tower can take away, so it is worth checking what protects one before you pay for it.

What can you buy at each price point in South Marine?

  • Under $750K59 active listings
  • $750K to $1.5M56 active listings
  • Over $1.5M4 active listings

Sold and off-market numbers

Prepared by

Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.

Data

Source: MLS® listing data from BC real estate boards (MLS® Reciprocity) and CREA's DDF®. Figures are asking prices on active MLS® listings filed under this MLS® area. They are not sold prices.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).