Property Type: Condo / ApartmentOwnership: Strata

2002 989 RICHARDS STREET

Vancouver, BC V6B6R6

$650,000

1 bed1 bath1 parking629 sqftBuilt 2001
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Amenities

Gym

Also listed: Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$393/mo
Annual property tax
$2,116.31 (2024)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
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®
R3116662
Listed
April 28, 2026
Time on market
On the market for 125 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.

Description

Welcome to this spacious and bright upper floor 1 bedroom + den corner home in the Mondrian 1 by Bosa, perfectly located at the edge of Yaletown. With a unique floor plan offering flexibility and plenty of space, this home is flooded with natural light and features stylish wood shutters, stainless steel appliances, granite countertops, and laminate and tile throughout. Enjoy cozy evenings by the gas fireplace or unwind on your balcony with stunning city views. The building offers resort-style amenities including an exercise centre, hot tub, sauna, guest suite, and visitor parking. Plus, you´ll have 1 parking spot and a locker for added convenience. Steps away from Yaletown's trendy restaurants, retail, and transit, this home offers the perfect blend of comfort, style, and location. (id:63159)

Values & Trends

This listing

$1,033/sqft

Building average

$963/sqft

1 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 1 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.

Apartment Market Stats — Vancouver

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

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
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

85

8/9 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)Elementary138 m
Lowell High School(Independent)Secondary427 m
Pattison High School(Independent)Secondary478 m
Elsie Roy ElementaryElementary640 m
Columbia Academy(Independent)Secondary676 m
Anchor Point Montessori(Independent)Elementary737 m
Franklin School(Independent)Secondary882 m
Alexander Academy(Independent)Secondary933 m

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
Northbound Seymour St @ Nelson St131 m
Southbound Granville St @ Nelson St245 m
Southbound Cambie St @ Nelson St266 m
Northbound Cambie St @ Nelson St279 m
Northbound Seymour St @ Davie St299 m

Nearby Places

Restaurants (5+)

  • 24 Train Express Noodle House · 550 Nelson Street91 m
  • El Guapo · 1011 Hamilton Street122 m
  • The Parlour · 1011 Hamilton Street126 m
  • Ignite Pizzeria · 987 Mainland Street160 m
  • Tutto · 901 Homer Street165 m

Cafes (5+)

  • Moving Coffee Bar · 950 Homer Street101 m
  • Nero Belgian Waffle Bar · 1002 Seymour Street114 m
  • Starbucks · 960 Seymour Street136 m
  • No Bad Days Vancouver · 605 Nelson Street150 m
  • Kafka's Coffee · 860 Richards Street188 m

Grocery (5+)

  • Nesters Market · 990 Seymour Street117 m
  • H Mart · 590 Robson Street337 m
  • Choices Market · 1202 Richards Street338 m
  • IGA · 489 Robson Street353 m
  • Urban Fare · 177 Davie Street458 m

Parks (5+)

  • Yaletown Park156 m
  • Rainbow Park (sθәqәlxenәm ts'exwts'áxwi7) · 872 Richards Street220 m
  • Emery Barnes Park273 m
  • Helmcken Park321 m
  • Ring Gear461 m

Shopping (4)

  • Vancouver Centre · 753 Seymour Street498 m
  • Winners · 660 Granville Street653 m
  • CF Pacific Centre · 701 West Georgia Street655 m
  • Holt Renfrew · 737 Dunsmuir Street765 m

Gyms (5+)

  • Oxygen Yoga & Fitness · 525 Smithe Street195 m
  • Barre Fitness · 1038 Mainland Street221 m
  • Pure Barre · 1128 Homer Street234 m
  • Sculpt Studio · 1083 Cambie Street259 m
  • Oxygen Yoga & Fitness · 1128 Mainland Street302 m

Pharmacies (5+)

  • Shoppers Drug Mart · 1006 Homer Street91 m
  • Sina · 505 Smithe Street193 m
  • Granville Pharmacy · 1146 Granville Street327 m
  • Howe Street Pharmacy · 1070 Howe Street342 m
  • Pure Integrative Pharmacy · 238 Robson Street395 m

Banks & ATMs (5+)

  • RBC Royal Bank · 996 Homer Street86 m
  • TD · 1001 Hamilton Street113 m
  • BMO · 1004 Hamilton Street144 m
  • CIBC · 1096 Homer Street170 m
  • Bitcoin ATM Localcoin · 560 Smithe Street181 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 2002 989 RICHARDS STREET

View building profile →
Built 2001

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$600.57
Total monthly cost$3,955.43
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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