1001 989 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3089118

$568,000
Est. Mortgage $2,513/mo
Mondrian One
1 Beds
1 Baths
479 sqft
1186 $ /sqft
291.52 $ Maint. fee
2001 built
$568,000
Est. $2,513/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 1001 989 Richards Street

Discover this seldom-offered 1 bedroom home at Mondrian 1 by BOSA, a well-regarded address in the heart of Downtown Vancouver. This bright southwest-facing suite enjoys city outlooks and a functional open-concept layout that flows seamlessly to your private balcony—ideal for morning coffee or evening downtime. Inside, you’ll find in-suite laundry with a new washer & dryer, updated appliances, granite countertops,laminate flooring, and excellent in-suite storage—including a versatile walk-in closet that can also serve as a compact home office, depending on your needs. Residents enjoy great amenities including a fitness centre, whirlpool, steam room, and guest suites. Unbeatable Walk Score of 100: steps to Yaletown, the Seawall, SkyTrain, and English Bay. 1 parking 1 locker included.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description CITY
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $568,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 479
Year Built 2001
Age Of Building 25
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Building Name Mondrian One
Ownership Type Freehold Strata
Maintenance Fee $291.52
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Lane Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None

Lot & Land

MLS® # R3089118
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 6R6
Gross Taxes $1,646.45
Zoning DD

Property Timeline

Status Date Price
R3089118 / Active 02-11-2026 $568,000
Rooms
Floor Type Dimensions
Main Level Bedroom 7'9 x 7'9 ft
Main Level Living Room 10'2 x 10'2 ft
Main Level Dining Room 10'1 x 10'1 ft
Main Level Kitchen 10'1 x 10'1 ft
Main Level Foyer 4'5 x 4'5 ft
Main Level Walk-In Closet 3'9 x 3'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3

Listed by: RE/MAX Heights Realty & RE/MAX Heights Realty

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School
1.7 km
Elementary
Lord Strathcona Community Elementary School
0.81 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
The Westside School
0.55 km
Secondary
Pattison School
0.41 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.08 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.44 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
58.5%
No Certificate/Degree
Below Average
2.4%
Owner Occupied
Average
72.4%
Employment Rate
Below Average
25.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

43 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $499,783
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.44 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How DOWNTOWN VW compares
This property
148 DOM
Listed
Downtown VW avg
Vancouver avg

1001 989 Richards Street has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 12% above comparable active properties in Downtown VW. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6B 6R6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 6R6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.7 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1001 989 Richards Street

Pre-computed routes from 1001 989 Richards St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    12 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    30 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    37 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    29 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    30 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    1 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    18 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

1001 989 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Yaletown-Roundhouse, with a 12 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Seymour St @ Nelson St (0.08 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 1001 989 Richards Street

Walk Score Badge
Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
84

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 1001 989 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-979-015).
Total Assessed Value (2026)
$492,000
-6.8% YoY
-1.6%/yr over 4 yr
2022 Value Trend 2026
Land
$339,000
Buildings
$153,000
Year Built
2000
Class
Comprehensive Development
Zoning
DD
Property Tax
$1,655
Year Land Improvements Total Assessed YOY Change
2026 $339,000 $153,000 $492,000
-6.8%
2025 $364,000 $164,000 $528,000
-4.2%
2024 $380,000 $171,000 $551,000
+0.7%
2023 $377,000 $170,000 $547,000
+4.2%
2022 $357,000 $168,000 $525,000

Mortgage Calculator for 1001 989 Richards Street

/month
Principal & Interest
Property Taxes $137
Maintenance fee 0
A 20% down payment of $113,600 on this $568,000 listing yields an estimated mortgage of $2,169/month (30-year fixed, 4%). Total estimated housing cost: $2,598/month, $137 property tax, $292 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,050/month in estimated rental income against $2,654/month in mortgage payments, the monthly cashflow is -$603/month. A 43% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $568,000
Vancouver Loading...
Downtown VW Loading...

Based on 11 comparable active apartments/condos in Downtown VW, the average asking price is $489,367. This listing is priced 16.1% above the neighbourhood average.

Data is based on list prices of similar active listings. 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1001 989 Richards Street

Walk Score Badge
Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
84

Bike Score - Very Bikeable

Biking is convenient for most trips

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