PH803 988 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3141839

$1,725,000
Est. Mortgage $7,631/mo
Tribeca
2 Beds
2 Baths
1383 sqft
1247 $ /sqft
1111.84 $ Maint. fee
2006 built
27.53% cheaper than comparables
$1,725,000
Est. $7,631/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 PH803 988 Richards Street

27.53% cheaper than comparables

TRIBECA, PENTHOUSE! Beautifully appointed & impeccably maintained PH home offering over 2,000 SQ FT OF INDOOR/OUTDOOR LIVING. Featuring 2 bdrms, 2 baths, PLUS private office, this spacious residence is designed for both comfort & style. The open-concept living space is filled w/natural light from floor-to-ceiling windows on three sides & skylight over living space - no shared walls for exceptional privacy. The large, functional kitchen is equipped with Bosch appl; Bedrooms are generously sized w/walk-in closets; the primary suite features a beautiful ensuite w/separate tub and shower. Step outside to a spectacular, expansive terrace—an entertainer’s dream offering unmatched privacy. Additionally – Gas FP, hardwood thru-out, 2 S by S parking+PRIVATE storage room. VERY EASY TO SHOW BY APPT.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 1
Heating Type Electric
Laundry In Unit
# of Kitchens 0
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Concrete
Structures Multi Family, Residential Attached

Building Details

Price $1,725,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1383
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Building Amenities Bike Room, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Water
Building Name Tribeca
Ownership Type Freehold Strata
Maintenance Fee $1,111.84
Amenities Nearby Bike Room, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Water (WaterSource) Public
Parking Type Underground, Guest, Lane Access
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
Units In Development 53

Lot & Land

Lot Size Depth Feet
MLS® # R3141839
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 8R2
Gross Taxes $5,606.64
Zoning STRATA

Property Timeline

Status Date Price
R3141839 / Active 07-02-2026 $1,725,000
R3112760 / Terminated 04-17-2026 $1,789,000
R3084308 / Terminated 01-28-2026 $1,789,000
R3080087 / Terminated 01-15-2026 $1,925,000
R3071341 / Terminated 12-01-2025 $1,925,000
R3066449 / Terminated 11-10-2025 $1,925,000
R3059901 / Terminated 10-19-2025 $1,925,000
R3008462 / Terminated 05-28-2025 $2,178,800
Rooms
Floor Type Dimensions
Main Level Living Room 13'0 x 13'0 ft
Main Level Dining Room 13'0 x 13'0 ft
Main Level Office 8'4 x 8'4 ft
Main Level Primary Bedroom 13'11 x 13'11 ft
Main Level Walk-In Closet 8'0 x 8'0 ft
Main Level Bedroom 12'0 x 12'0 ft
Main Level Walk-In Closet 6'11 x 6'11 ft
Main Level Foyer 11'6 x 11'6 ft
Main Level Storage 6'9 x 6'9 ft
Main Level Patio 23'3 x 23'3 ft
Main Level Patio 33'9 x 33'9 ft
Main Level Patio 40'4 x 40'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #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
1.73 km
6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average
0.77 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
0.21 km
9/10
Secondary
Lowell High School
0.4 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.12 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.47 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

73 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $2,199,893
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.47 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
7 DOM
Listed
Yaletown avg
Vancouver avg

PH803 988 Richards Street has a sell-speed score of 73/100, placing it in the "Expected to sell within weeks" band. The listing is priced 27.5% below comparable active properties in Yaletown, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

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 PH803 988 Richards Street

Pre-computed routes from PH803 988 Richards St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    13 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    31 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    38 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    30 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    31 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

PH803 988 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.5 km from Yaletown-Roundhouse, with a 13 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 PH803 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 — PH803 988 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 026-725-428).
Total Assessed Value (2026)
$1,708,000
-5.0% YoY
+0.1%/yr over 4 yr
2022 Value Trend 2026
Land
$1,189,000
Buildings
$519,000
Year Built
2006
Class
Comprehensive Development
Zoning
DD
Property Tax
$5,746
Year Land Improvements Total Assessed YOY Change
2026 $1,189,000 $519,000 $1,708,000
-5.0%
2025 $1,251,000 $547,000 $1,798,000
-0.6%
2024 $1,259,000 $550,000 $1,809,000
+2.6%
2023 $1,227,000 $536,000 $1,763,000
+3.6%
2022 $1,062,000 $639,000 $1,701,000

Mortgage Calculator for PH803 988 Richards Street

/month
Principal & Interest
Property Taxes $467
Maintenance fee 1111.84
Based on a 30-year fixed at 4% interest with 20% down ($345,000), the estimated monthly payment for this listing is $8,167/month — $6,588 principal & interest, $467 property tax, $1,112 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 $4,261/month, this property runs a $3,963/month shortfall after mortgage and carrying costs. Break-even requires approximately 69% 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 $1,725,000
Vancouver Loading...
Yaletown Loading...

Based on 16 comparable active apartments/condos in Yaletown, the average asking price is $1,820,960. This listing is priced 5.3% below the neighbourhood average. This property is flagged as a Hot Deal (27.53% cheaper than comparables) based on its competitive pricing and market demand.

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 PH803 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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