Property Type: TownhouseOwnership: Strata

1260 RICHARDS STREET

Vancouver, BC V6B3G2

$2,289,900

2 bed3 bath2 parking1,706 sqftBuilt 2008
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse
Style
2 Level

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$1,530/mo
Annual property tax
$6,133.63 (2025)

Interior

Heating
Natural gas, Hot Water, Geo Thermal
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All

Exterior & Lot

Pool
Indoor pool
Lot features
Central location, Elevator

Building

Parcel ID (PID)
027-511-359

Parking

Total spaces
2 — covered indicated
Features
Garage, Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3126032
Listed
May 21, 2026
Time on market
On the market for 103 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Luxury European Inspired, Iconic 2 Bed & Den Townhouse with DIRECT access to your PRIVATE GARAGE in the one and only GRACE. Dramatic 18´ ceilings offer grandeur in the entertaining space & living area, flowing to Chef´s kitchen with island cooktop & seating, SubZero appliance package and incredible storage. PLUS additional pantry & laundry room off the kitchen with wine fridge. Upstairs the Primary suite is unrivalled for space, with lofted office space and Hotel-like Spa bathroom - Soaker Tub, separate shower & watercloset. Spacious 2nd bd w/bath. The romantic building architecture; boutique European Palazzo, Mediterranean inspired Event Space, Rooftop Gardens, Indoor/Outdoor Pool, Spa & Gym. 24/7 Concierge Service and Biometric security. 2 Parking plus Storage. (id:63159)

Values & Trends

This listing

$1,342/sqft

Building average

No other active listings in this building

Vancouver average

$1,062/sqft

422 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Townhouse Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$1,197,900

Jul 2026

Average Sale Price

$1,194,276

Jul 2026

Monthly Sales

73

Jul 2026

Active Listings

492

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

15 days

Jul 2026

MLS® HPI Benchmark Price

$1,371,500
$1,178,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

74

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Claren Academy(Independent)Elementary298 m
Elsie Roy ElementaryElementary378 m
Anchor Point Montessori(Independent)Elementary473 m
Pattison High School(Independent)Secondary633 m
Lowell High School(Independent)Secondary837 m
False Creek ElementaryElementary903 m
Columbia Academy(Independent)Secondary1.1 km
Canada Royal Arts High School(Independent)Secondary1.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound Davie St @ Richards St119 m
Yaletown-Roundhouse Station @ Bay 1186 m
Northbound Seymour St @ Davie St187 m
Eastbound Davie St @ Granville St208 m
Northbound Granville St @ Drake St211 m

Nearby Places

Restaurants (5+)

  • G3 Kitchen and Bar · 496 Drake Street87 m
  • Nuba · 508 Davie Street92 m
  • Red Wasabi · 437 Davie Street128 m
  • Tasty Indian Bistro · 1261 Hamilton Street128 m
  • Paratha 2 Pasta · 1257 Hamilton Street129 m

Cafes (5+)

  • Craffles · 518 Davie Street94 m
  • JJ Bean · 402 Davie Street104 m
  • Nine Bar Coffee · 477 Davie Street116 m
  • Matchstick · 1328 Richards Street120 m
  • Octave Cafe120 m

Grocery (5+)

  • Choices Market · 1202 Richards Street87 m
  • Farm to Table · 1312 Richards Street96 m
  • Urban Fare · 177 Davie Street377 m
  • Fresh Street Market · 1423 Continental Street399 m
  • Sashimiya · 1348 Hornby Street429 m

Parks (5+)

  • Emery Barnes Park180 m
  • Unnamed189 m
  • Unnamed330 m
  • David Lam Park · 1300 Pacific Boulevard356 m
  • Helmcken Park384 m

Gyms (5+)

  • Everyday Athletes · 1271 Homer Street60 m
  • Pure Barre · 1128 Homer Street227 m
  • Club Viva · 428 Pacific Street285 m
  • Oxygen Yoga & Fitness · 1128 Mainland Street288 m
  • Fitness World · 1214 Howe Street312 m

Pharmacies (5+)

  • Shoppers Drug Mart · 1295 Seymour Street144 m
  • Yale I.D.A. Pharmacy · 1284 Granville Street202 m
  • The Pharmacy Yaletown · 1251 Pacific Street213 m
  • Granville Pharmacy · 1146 Granville Street272 m
  • Shoppers Drug Mart · 1006 Homer Street417 m

Banks & ATMs (5+)

  • Coinsite Bitcoin ATM · 216 Davie Street233 m
  • Scotiabank · 1108 Homer Street267 m
  • Unnamed275 m
  • CIBC · 1096 Homer Street292 m
  • RBC · 1196 Pacific Boulevard298 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($457,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,831,920.00
Periodic payment — Principal & Interest (monthly)$11,818.93
Additional monthly expenses (strata, tax, utilities, etc.)$2,126.11
Total monthly cost$13,945.03
Interest paid over 5-yr term$525,033.54
Balance at end of term$1,647,817.96

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$457,980
Stress test qualifying rate8.09%
Payment you must qualify for$14,086.82

Cash Needed at Closing

Minimum down payment$457,980
Estimated BC PTT$46,697
Legal / closing costs (typical estimate)$1,500
Total cash needed$506,177

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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