PH2005 1055 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3138337

$2,475,000
Est. Mortgage $10,949/mo
2 Beds
2 Baths
1522 sqft
1626 $ /sqft
1161.37 $ Maint. fee
2009 built
$2,475,000
Est. $10,949/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 PH2005 1055 Richards Street

Stunning SW-corner 2-level Penthouse at The Donovan, a Georgie Award winner in Yaletown. Extensively renovated in 2018/19, this 2BR+Den home features high-end minimalist finishes, new flooring, and an updated HVAC system working with energy-efficient geothermal heating/cooling. The open concept main floor features a contemporary kitchen with a premium gas range and waterfall stone island. Upstairs, the primary retreat includes a custom floor-to-ceiling walk-in closet and a spa-like ensuite wrapped in marble with a freestanding tub and glass shower. Crowned by a private 448 sqft rooftop patio with 360-degree views, stone outdoor kitchen/BBQ, and a built-in hot tub. Amenities include gym, sauna, yoga & meeting room. 2 side by side parking and 1 locker included.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Microwave
Interior Features Elevator, Storage
Heating Type Geothermal, Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description city / mountain / water
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $2,475,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1522
Year Built 2009
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 2
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Geothermal
Ownership Type Freehold Strata
Maintenance Fee $1,161.37
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Geothermal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 152

Lot & Land

MLS® # R3138337
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 0C2
Gross Taxes $6,694.93
Zoning DD

Property Timeline

Status Date Price
R3138337 / Active 06-22-2026 $2,475,000
R3125024 / Terminated 05-19-2026 $2,675,000
Rooms
Floor Type Dimensions
Main Level Kitchen 8'4 x 8'4 ft
Main Level Living Room 11'4 x 11'4 ft
Main Level Dining Room 13'9 x 13'9 ft
Main Level Den 9'2 x 9'2 ft
Main Level Bedroom 14'3 x 14'3 ft
Main Level Patio 15'10 x 15'10 ft
Above Level Primary Bedroom 14'5 x 14'5 ft
Above Level Patio 18'5 x 18'5 ft
Above Level Walk-In Closet 8'11 x 8'11 ft
Above Level Patio 18'1 x 18'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level Yes #5

Listed by: Rennie & Associates 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
1.71 km
6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average
0.92 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
0.1 km
9/10
Secondary
Pattison High School
0.42 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.15 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.35 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

32 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,728,045
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.35 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
17 DOM
Listed
Downtown VW avg
Vancouver avg

PH2005 1055 Richards Street has a sell-speed score of 32/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 30.2% 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 0C2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 0C2, 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 PH2005 1055 Richards Street

Pre-computed routes from PH2005 1055 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

PH2005 1055 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.4 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 (0.15 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near PH2005 1055 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 — PH2005 1055 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 027-875-458).
Total Assessed Value (2026)
$2,053,000
-4.4% YoY
-3.4%/yr over 4 yr
2022 Value Trend 2026
Land
$1,569,000
Buildings
$484,000
Year Built
2009
Class
Comprehensive Development
Zoning
DD
Property Tax
$6,906
Year Land Improvements Total Assessed YOY Change
2026 $1,569,000 $484,000 $2,053,000
-4.4%
2025 $1,641,000 $506,000 $2,147,000
+2.6%
2024 $1,600,000 $493,000 $2,093,000
-13.6%
2023 $1,851,000 $571,000 $2,422,000
+2.6%
2022 $1,789,000 $571,000 $2,360,000

Mortgage Calculator for PH2005 1055 Richards Street

/month
Principal & Interest
Property Taxes $558
Maintenance fee 1161.37
Based on a 30-year fixed at 4% interest with 20% down ($495,000), the estimated monthly payment for this listing is $11,172/month — $9,453 principal & interest, $558 property tax, $1,161 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 $5,878/month, this property runs a $5,362/month shortfall after mortgage and carrying costs. Break-even requires approximately 66% down.
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 $2,475,000
Vancouver Loading...
Downtown VW Loading...

Based on 4 comparable active apartments/condos in Downtown VW, the average asking price is $1,939,500. This listing is priced 27.6% 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 PH2005 1055 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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