407 1088 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3125559

$629,900
Est. Mortgage $2,787/mo
1 Beds
1 Baths
585 sqft
1077 $ /sqft
309.26 $ Maint. fee
2011 built
$629,900
Est. $2,787/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 407 1088 Richards Street

Welcome to Richards Living, one of Yaletown's most sought-after buildings! This move-in ready 1 Bed + Den home offers a bright, efficient layout with a private balcony and stylish granite finishes throughout. Features include stainless steel appliances, UPGRADED: Dishwasher and Washer/Dryer, plus a Custom Closet Organizer. Enjoy great amenities including a fitness centre, rooftop garden, bike room, and Visitor Parking. Comes with 1 secure parking stall. Pet and rental friendly with low strata fees. Quietly located on a tree-lined street with no retail below, yet just steps from Yaletown's award-winning restaurants, boutique shopping, parks, Canada Line transit, and the iconic Seawall. A fantastic opportunity to own in the heart of Yaletown!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove
Fireplace 0
Heating Type Baseboard, Electric
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground, Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $629,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 585
Year Built 2011
Age Of Building 15
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Ownership Type Freehold Strata
Maintenance Fee $309.26
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 233

Lot & Land

Lot Size Depth Feet
MLS® # R3125559
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 0J8
Gross Taxes $2,055.37
Zoning DD

Property Timeline

Status Date Price
R3125559 / Active 05-19-2026 $629,900
Rooms
Floor Type Dimensions
Main Level Living Room 10'6 x 10'6 ft
Main Level Dining Room 10' x 10' ft
Main Level Den 6' x 6' ft
Main Level Primary Bedroom 9' x 9' ft
Main Level Kitchen 8' x 8' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Regent Park Fairchild Realty Inc.

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
1.75 km
6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average
0.93 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
0.06 km
9/10
Secondary
Pattison High School
0.46 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.18 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.32 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
52%
No Certificate/Degree
Below Average
5.5%
Owner Occupied
Average
73.7%
Employment Rate
Below Average
27.3%

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

51 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $638,026
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.32 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
52 DOM
Listed
Yaletown avg
Vancouver avg

407 1088 Richards Street has a sell-speed score of 51/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.3% below comparable active properties in Yaletown, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6B 0J8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 0J8, 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 407 1088 Richards Street

Pre-computed routes from 407 1088 Richards St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    11 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    29 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    36 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    28 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    29 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

407 1088 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.3 km from Yaletown-Roundhouse, with a 11 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Seymour St @ Nelson St (0.18 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 407 1088 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 — 407 1088 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 028-668-928).
Total Assessed Value (2026)
$611,000
-6.4% YoY
-1.6%/yr over 4 yr
2022 Value Trend 2026
Land
$426,000
Buildings
$185,000
Year Built
2011
Class
Comprehensive Development
Zoning
DD
Property Tax
$2,055
Year Land Improvements Total Assessed YOY Change
2026 $426,000 $185,000 $611,000
-6.4%
2025 $455,000 $198,000 $653,000
-3.8%
2024 $473,000 $206,000 $679,000
+0.4%
2023 $471,000 $205,000 $676,000
+3.7%
2022 $457,000 $195,000 $652,000

Mortgage Calculator for 407 1088 Richards Street

/month
Principal & Interest
Property Taxes $171
Maintenance fee 309.26
Financing 80% of the $629,900 asking price over 30 years at 4% results in approximately $2,886/month in total estimated carrying costs, $171 property tax, $309 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
This listing generates an estimated $2,214/month in rental income, leaving a -$724/month cashflow at current carrying costs. Investors targeting break-even would need roughly 45% 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 $629,900
Vancouver Loading...
Yaletown Loading...

Based on 33 comparable active apartments/condos in Yaletown, the average asking price is $653,164. This listing is priced 3.6% 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $4,647
0 of 38 missions

Sign up on Estateblock.com

$232 / 5.00%

Sign up on EstateBlock.com

$93 / 2.00%

Buy with us & save on this property

Walkability & Transit Near 407 1088 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

Similar Condos for Sale in Yaletown

Recently Sold Homes Near 407 1088 Richards Street