Property Type: Condo / ApartmentOwnership: Strata

2203 1188 RICHARDS STREET

Vancouver, BC V6B3E6

$689,000

2 bed1 bath1 parking758 sqftBuilt 1995
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$455/mo
Annual property tax
$2,650.52 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

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®
R3104573
Listed
March 30, 2026
Time on market
On the market for 155 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

Park Plaza, a gorgeous location at the heart of Yaletown. This spacious 2 bedrooms + solarium + insuite storage corner unit with amazing OPEN views of North Shore Mountains, English Bay, Yaletown, False Creek. Functional layout in dining/living room area. Great amenities, sauna & exercise room. Steps away from the Canada Line, Urban Fare, Roundhouse Community Center, Elsie Roy Elem, restaurants, seawall, boutique and lots more. An opportunity you don't want to miss! Open house Sun, Aug 23, 2:30-4pm (id:63159)

Values & Trends

This listing

$909/sqft

Building average

$985/sqft

2 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

15°C

Clear

Humidity 100%

Wind NW 5 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

78

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)Elementary150 m
Elsie Roy ElementaryElementary447 m
Pattison High School(Independent)Secondary542 m
Anchor Point Montessori(Independent)Elementary543 m
Lowell High School(Independent)Secondary688 m
Columbia Academy(Independent)Secondary945 m
False Creek ElementaryElementary1.0 km
Franklin School(Independent)Secondary1.1 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 St74 m
Northbound Seymour St @ Davie St111 m
Yaletown-Roundhouse Station @ Bay 1158 m
Eastbound Davie St @ Granville St198 m
Yaletown-Roundhouse Station @ Platform 2210 m

Nearby Places

Restaurants (5+)

  • Red Wasabi · 437 Davie Street61 m
  • Nuba · 508 Davie Street77 m
  • Brix & Mortar · 1138 Homer Street117 m
  • Yopo · 1122 Homer Street120 m
  • Hapa Izakaya · 1193 Hamilton Street126 m

Cafes (5+)

  • Nine Bar Coffee · 477 Davie Street43 m
  • Craffles · 518 Davie Street83 m
  • JJ Bean · 402 Davie Street95 m
  • O-Cha Tea Bar · 1116 Homer Street130 m
  • Perfecto Cafe · 605 Davie Street141 m

Grocery (5+)

  • Choices Market · 1202 Richards Street66 m
  • Farm to Table · 1312 Richards Street248 m
  • Nesters Market · 990 Seymour Street312 m
  • Urban Fare · 177 Davie Street357 m
  • El Paisano · 931 Davie Street458 m

Parks (5+)

  • Emery Barnes Park76 m
  • Unnamed244 m
  • Helmcken Park303 m
  • Yaletown Park349 m
  • Unnamed351 m

Shopping (1)

  • Vancouver Centre · 753 Seymour Street755 m

Gyms (5+)

  • Pure Barre · 1128 Homer Street109 m
  • Everyday Athletes · 1271 Homer Street176 m
  • Oxygen Yoga & Fitness · 1128 Mainland Street214 m
  • Barre Fitness · 1038 Mainland Street267 m
  • Sculpt Studio · 1083 Cambie Street318 m

Pharmacies (5+)

  • Granville Pharmacy · 1146 Granville Street207 m
  • Shoppers Drug Mart · 1295 Seymour Street247 m
  • The Pharmacy Yaletown · 1251 Pacific Street253 m
  • Shoppers Drug Mart · 1006 Homer Street271 m
  • Yale I.D.A. Pharmacy · 1284 Granville Street272 m

Banks & ATMs (5+)

  • Scotiabank · 1108 Homer Street134 m
  • CIBC · 1096 Homer Street155 m
  • Coinsite Bitcoin ATM · 216 Davie Street226 m
  • Unnamed230 m
  • RBC · 1196 Pacific Boulevard265 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$551,200.00
Periodic payment — Principal & Interest (monthly)$3,556.16
Additional monthly expenses (strata, tax, utilities, etc.)$713.41
Total monthly cost$4,269.56
Interest paid over 5-yr term$157,975.50
Balance at end of term$495,806.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,960.59

Cash Needed at Closing

Minimum down payment$43,900
Estimated BC PTT$11,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,180

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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