401 988 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3126078

$1,899,900
Est. Mortgage $8,405/mo
Tribeca Lofts
2 Beds
3 Baths
2055 sqft
925 $ /sqft
1467.63 $ Maint. fee
2006 built
$1,899,900
Est. $8,405/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 401 988 Richards Street

If you value spaciousness, you will love this “WOW” 2000sf loft - a condo that FEELS LIKE A HOUSE. Design lovers will appreciate 16ft ceilings with floor-to-ceiling windows, uninterrupted wall space & natural light. The developer of concrete, BOUTIQUE Tribeca Lofts combined 2 units into a one-of-a-kind home wrapped around a courtyard for ABSOLUTE QUIET - a rarity for Yaletown. A refined interior features a large kitchen island, an architectural staircase, glass balustrades and motorized blinds with a generous office space that could be a dining room or even guest room. King-sized ensuite primary overlooks living area below; a second ensuite bedroom is ideal for occasional guests. 2 parking, PRIVATE storage ROOM + locker in well-run strata - no large projects for 10 years. OPEN Sat 2-4pm

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top, Wine Cooler
Interior Features Elevator, Storage, Vaulted Ceiling(s)
Fireplace 1
Heating Type Electric, Forced Air, Natural Gas
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description Quiet & Green Courtyard
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,899,900
Total Bedrooms 2
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2055
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 2
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Building Name Tribeca Lofts
Ownership Type Freehold Strata
Maintenance Fee $1,467.63
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Lane Access
Total Parking Spaces 2
Strata Restrictions No Restrictions,Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes
Units In Development 51

Lot & Land

MLS® # R3126078
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 8R2
Gross Taxes $5,354.06
Zoning DD

Property Timeline

Status Date Price
R3126078 / Active 05-20-2026 $1,899,900
R3101285 / Terminated 03-18-2026 $1,999,900
R3088287 / Terminated 02-09-2026 $1,999,900
R3060551 / Terminated 10-20-2025 $2,199,900
R3052017 / Terminated 09-23-2025 $2,349,900
R3035243 / Terminated 08-08-2025 $2,349,900
Rooms
Floor Type Dimensions
Main Level Great Room 17'0 x 17'0 ft
Main Level Kitchen 15'1 x 15'1 ft
Main Level Office 17'6 x 17'6 ft
Main Level Office 9'0 x 9'0 ft
Main Level Eating Area 11'0 x 11'0 ft
Main Level Foyer 9'3 x 9'3 ft
Abv Main 2 Primary Bedroom 12'7 x 12'7 ft
Abv Main 2 Bedroom 10'3 x 10'3 ft
Abv Main 2 Walk-In Closet 10'3 x 10'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #3
Above Level Yes #3

Listed by: Oakwyn Realty Ltd.

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
Average
1.74 km
6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average
0.82 km
2.1/10

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

Private Schools

Elementary
Claren Academy
Above Average
0.16 km
9/10
Secondary
Lowell High School
0.44 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.12 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.42 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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.42 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
50 DOM
Listed
Yaletown avg
Vancouver avg

401 988 Richards Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6B 8R2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 8R2, 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 401 988 Richards Street

Pre-computed routes from 401 988 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

401 988 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 (0.12 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 401 988 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
80

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 401 988 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 026-725-223).
Total Assessed Value (2026)
$1,680,000
-2.2% YoY
+1.2%/yr over 4 yr
2022 Value Trend 2026
Land
$1,039,000
Buildings
$641,000
Year Built
2006
Class
Comprehensive Development
Zoning
DD
Property Tax
$5,651
Year Land Improvements Total Assessed YOY Change
2026 $1,039,000 $641,000 $1,680,000
-2.2%
2025 $1,062,000 $655,000 $1,717,000
-3.2%
2024 $1,097,000 $677,000 $1,774,000
+6.9%
2023 $1,026,000 $633,000 $1,659,000
+3.4%
2022 $860,000 $744,000 $1,604,000

Mortgage Calculator for 401 988 Richards Street

/month
Principal & Interest
Property Taxes $446
Maintenance fee 1467.63
Based on a 30-year fixed at 4% interest with 20% down ($379,980), the estimated monthly payment for this listing is $9,170/month — $7,256 principal & interest, $446 property tax, $1,468 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
At an estimated rental income of $4,692/month, this property runs a $4,541/month shortfall after mortgage and carrying costs. Break-even requires approximately 71% down.
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 $1,899,900
Vancouver Loading...
Yaletown Loading...

Based on 4 comparable active apartments/condos in Yaletown, the average asking price is $1,899,900. This listing is priced 0% below 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 401 988 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
80

Bike Score - Very Bikeable

Biking is convenient for most trips

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