2601 1238 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3120590

$1,790,000
Est. Mortgage $7,919/mo
3 Beds
2 Baths
1504 sqft
1190 $ /sqft
923.44 $ Maint. fee
1998 built
$1,790,000
Est. $7,919/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 2601 1238 Richards Street

Stunning Sub-PH loft with 1,504sf of living space,soaring 16-foot ceilings,and panoramic False Creek and city views.This bright two-level corner residence at The Metropolis offers 3 beds 2baths an exceptional blend of style,space,and comfort.The open-concept layout flows beautifully from the fully renovated kitchen and dining area into a dramatic double-height living room surrounded by glass and flooded with natural light.The kitchen, bathrooms,and flooring have all been thoughtfully updated.Upstairs the mezz-level primary suite features dual closets,spacious ensuite,an oversized shower,while an additional upstairs bedroom offers flexibility and as ensuite.Third bedroom on the main level provides excellent separation or office.Steps to the Seawall, parks, cafés, and Yaletown shops.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Trash Compactor, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features Elevator, Pantry
Heating Type Baseboard
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description False Creek/Water/City
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $1,790,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1504
Year Built 1998
Age Of Building 28
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 2
Building Amenities Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $923.44
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Rear Access, Concrete
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Suites None
Units In Development 101

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3120590
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 6M6
Gross Taxes $4,895.67
Zoning STRATA

Property Timeline

Status Date Price
R3120590 / Active 05-01-2026 $1,790,000
Rooms
Floor Type Dimensions
Main Level Living Room 13' x 13' ft
Main Level Dining Room 9'4 x 9'4 ft
Main Level Kitchen 10'11 x 10'11 ft
Main Level Foyer 8'4 x 8'4 ft
Main Level Bedroom 10'2 x 10'2 ft
Above Level Primary Bedroom 17'7 x 17'7 ft
Above Level Bedroom 13' x 13' ft
Above Level Storage 10'2 x 10'2 ft
Above Level Laundry 8'1 x 8'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Above Level Yes #4

Listed by: Royal Pacific Realty Corp.

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
1.82 km
Elementary
Elsie Roy Elementary School
Average
0.39 km
6.1/10

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

Private Schools

Elementary
Anchor Point Montessori
0.46 km
Secondary
Pattison School
0.61 km

Closest Transit

Bus Stop
Eastbound Davie St @ Richards St
0.07 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.21 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
47%
No Certificate/Degree
Below Average
4.8%
Owner Occupied
Average
72.8%
Employment Rate
Below Average
24.4%

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

34 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,299,003
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.21 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 YALETOWN compares
This property
69 DOM
Listed
Yaletown avg
Vancouver avg

2601 1238 Richards Street has a sell-speed score of 34/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 27.4% above comparable active properties in Yaletown. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6B 6M6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 6M6, 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 (~3.8 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 2601 1238 Richards Street

Pre-computed routes from 2601 1238 Richards St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    10 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    28 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    35 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    27 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    28 min

By car (off-peak)

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

Calculate your commute

2601 1238 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.2 km from Yaletown-Roundhouse, with a 10 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Davie St @ Richards St (0.07 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 2601 1238 Richards Street

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
86

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2601 1238 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-183-989).
Total Assessed Value (2026)
$1,518,000
-3.3% YoY
-5.0%/yr over 4 yr
2022 Value Trend 2026
Land
$1,119,000
Buildings
$399,000
Year Built
1998
Class
Comprehensive Development
Zoning
DD
Property Tax
$5,106
Year Land Improvements Total Assessed YOY Change
2026 $1,119,000 $399,000 $1,518,000
-3.3%
2025 $1,157,000 $413,000 $1,570,000
-5.6%
2024 $1,226,000 $437,000 $1,663,000
-10.8%
2023 $1,374,000 $490,000 $1,864,000
-0.2%
2022 $1,283,000 $584,000 $1,867,000

Mortgage Calculator for 2601 1238 Richards Street

/month
Principal & Interest
Property Taxes $408
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $8,168/month in total housing costs on this $1,790,000 property — $6,837 mortgage payment, $408 property tax, $923 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
Based on $4,421/month estimated rent and $8,227/month in total housing costs, this property has a -$3,806/month cashflow. Break-even down payment: approximately 65%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,790,000
Vancouver Loading...
Yaletown Loading...

Based on 6 comparable active apartments/condos in Yaletown, the average asking price is $1,721,333. This listing is priced 4% 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 2601 1238 Richards Street

Walk Score Badge
Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
86

Bike Score - Very Bikeable

Biking is convenient for most trips

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