2601 1238 RICHARDS STREET
Vancouver, BC V6B6M6
$1,749,000
Amenities
Property Details
Property & Lot
- Sub-type
- Apartment
- Frontage
- 0 feet
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $923/mo
- Annual property tax
- $4,895.67 (2025)
Interior
- Heating
- Baseboard heaters
- Fireplace
- None
Exterior & Lot
- View
- View
- Waterfront
- Waterfront
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- Allowed with restrictions
- Age / occupancy
- Adult-oriented (no young children)
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3120590
- Listed
- May 7, 2026
- Time on market
- On the market for 117 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.
Description
Stunning Sub-PH loft with 1,504sf of living space,soaring 16-foot ceilings,and panoramic False Creek and city views.This bright two-level corner residence at The Metropolis offers 3 beds 2baths an exceptional blend of style,space,and comfort.The open-concept layout flows beautifully from the fully renovated kitchen and dining area into a dramatic double-height living room surrounded by glass and flooded with natural light.The kitchen, bathrooms,and flooring have all been thoughtfully updated.Upstairs the mezz-level primary suite features dual closets,spacious ensuite,an oversized shower,while an additional upstairs bedroom offers flexibility and as ensuite.Third bedroom on the main level provides excellent separation or office.Steps to the Seawall, parks, cafés, and Yaletown shops. (id:63159)
Values & Trends
This listing
$1,163/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,094/sqft
2087 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
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
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
| School | Type | Distance |
|---|---|---|
| Claren Academy(Independent) | Elementary | 266 m |
| Elsie Roy Elementary | Elementary | 390 m |
| Anchor Point Montessori(Independent) | Elementary | 485 m |
| Pattison High School(Independent) | Secondary | 611 m |
| Lowell High School(Independent) | Secondary | 805 m |
| False Creek Elementary | Elementary | 929 m |
| Columbia Academy(Independent) | Secondary | 1.1 km |
| Franklin School(Independent) | Secondary | 1.2 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
| Stop | Type | Distance |
|---|---|---|
| Westbound Davie St @ Richards St | — | 91 m |
| Northbound Seymour St @ Davie St | — | 161 m |
| Yaletown-Roundhouse Station @ Bay 1 | — | 170 m |
| Eastbound Davie St @ Granville St | — | 195 m |
| Northbound Granville St @ Drake St | — | 213 m |
Nearby Places
Restaurants (5+)
- Nuba · 508 Davie Street63 m
- Red Wasabi · 437 Davie Street99 m
- G3 Kitchen and Bar · 496 Drake Street119 m
- Grand Chinese Restaurant · 1233 Hamilton Street129 m
- Paratha 2 Pasta · 1257 Hamilton Street130 m
Cafes (5+)
- Craffles · 518 Davie Street67 m
- JJ Bean · 402 Davie Street82 m
- Nine Bar Coffee · 477 Davie Street84 m
- Matchstick · 1328 Richards Street153 m
- Octave Cafe153 m
Grocery (5+)
- Choices Market · 1202 Richards Street54 m
- Farm to Table · 1312 Richards Street128 m
- Urban Fare · 177 Davie Street368 m
- Fresh Street Market · 1423 Continental Street421 m
- Nesters Market · 990 Seymour Street426 m
Parks (5+)
- Emery Barnes Park151 m
- Unnamed193 m
- Unnamed330 m
- Helmcken Park363 m
- David Lam Park · 1300 Pacific Boulevard378 m
Gyms (5+)
- Everyday Athletes · 1271 Homer Street75 m
- Pure Barre · 1128 Homer Street198 m
- Oxygen Yoga & Fitness · 1128 Mainland Street267 m
- Fitness World · 1214 Howe Street307 m
- Club Viva · 428 Pacific Street316 m
Pharmacies (5+)
- Shoppers Drug Mart · 1295 Seymour Street159 m
- Yale I.D.A. Pharmacy · 1284 Granville Street209 m
- The Pharmacy Yaletown · 1251 Pacific Street214 m
- Granville Pharmacy · 1146 Granville Street251 m
- Shoppers Drug Mart · 1006 Homer Street385 m
Banks & ATMs (5+)
- Coinsite Bitcoin ATM · 216 Davie Street224 m
- Scotiabank · 1108 Homer Street237 m
- Unnamed258 m
- CIBC · 1096 Homer Street261 m
- RBC · 1196 Pacific Boulevard285 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Financial Ledger
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Financial Summary
Cash Needed at Closing
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.