1016 788 Richards St, Vancouver, BC, MLS® R3060699

$838,000
Est. Mortgage /mo

$838,000
Est. Mortgage /mo
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
1 Beds
1 Baths
1 Stories
$ 729.71 Maint. Fee
717 sqft
2007 built
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Map
Street view
Schools
Crime
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1016 788 Richards St, Vancouver, BC | MLS® R3060699 Property Details

A residence of fine distinction Luxurious suit, located in the heart of Downtown Vancouver, L 'HERMITIN AGE en ville (HOTEL) on Robson, featuring central air conditioning and high-end finishes throughout. This beautifully home offers an open-concept layout that maximizes every inch of 717 sqft. Resort-style amenities include 24 hour hotel concierge, gym, steam room, lounge, roof garden, Outdoor pool, and more. Home has AC.

General Info

Price $838,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 717
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 2007
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Architecture Style Other
Stories 1
Appliances Included Washer, Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3060699
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $2,288.81
Ownership Type Freehold Strata
Maintenance Fee $729.71
Community Features Restaurant
Amenities Nearby Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Management

Heating & Cooling

Fireplace 0
Heating Type Electric, Heat Pump
Cooling Central Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Garage Door Opener
Total Parking Spaces -

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Strata Restrictions No Restrictions,Pets Allowed
Pet Restrictions Yes
Rental Restrictions -
Zoning DD
Rental Suites Legal Suite
Laundry In Unit
# of Kitchens 1
Foundation Block
Interior Features Elevator
Locker -
View 1
View Description CITY
Units In Development -
Exterior Features Garden, No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: Optim Pacific Realty

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.

Neighborhood Info

Public Schools

Secondary
King George Secondary School
1.75 km
Elementary
Lord Strathcona Community Elementary School
0.45 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
The Westside School
0.4 km
Secondary
Lowell High School
0.21 km

Closest Transit

Bus Stop
Eastbound W Georgia St @ Richards St
0.09 km
Skytrain
Skytrain @ Vancouver City Centre Stn
0.26 km

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

Welcome to 1016 788 Richards Street, Vancouver, BC - MLS® R3060699

As we walk through the charming Downtown VW neighborhood, I'm excited to share with you the wonderful features of this property. Located in the heart of Vancouver, this home is nestled in a vibrant community that offers the perfect blend of urban convenience and natural beauty.

Education

As a parent, you'll be pleased to know that your children will be well-cared for at the nearby schools. Lord Strathcona Community Elementary School, a 0.45 km stroll from this property, has a rating of No Rating, providing a solid foundation for young minds. In addition, King George Secondary School, a 1.75 km walk, also has a rating of No Rating. For those seeking independent education, The Westside School, an Elementary school, is just 0.4 km away with a rating of No Rating, and Lowell High School, a Secondary school, is 0.21 km from your doorstep with a rating of No Rating.

Safety and Crime

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of 52,217 volation disturbances in this neighborhood is also Average. Looking at the specific types of crime, the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The property crime rate is Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. On the other hand, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Transit and Commuting

Getting around is a breeze with the Eastbound W Georgia St @ Richards St bus station just 0.09 km away from this listing with MLS® R3060699. Whether you prefer public transportation, walking, or cycling, this property offers the perfect balance of convenience and accessibility.

Demographics and Lifestyle

This neighborhood is home to a diverse population, with 58.5% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $65,920, which is Average in comparison to the British Columbia average. Median personal income is $42,581, which is High in comparison to the BC average. The unemployment rate is a low 4.3%, making this an attractive option for those seeking employment opportunities.

Real Estate and Community

The average value of dwellings in this neighborhood is $745,989, which is High compared to other areas in British Columbia. With an average owner payment of $1,792 and an average tenant payment of $1,723, this neighborhood offers a range of housing options to suit various budgets and lifestyles. The high percentage of renters (61.7%) indicates a thriving rental market, making this an excellent option for investors.

Additional Amenities

The proximity to parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby makes this neighborhood an attractive option for those seeking a vibrant and convenient lifestyle. With an average age of 37.3, this neighborhood is relatively young and family-friendly, with an average family size of 2.2, which is Low in comparison to the whole region.

Investment Potential

As an investor, you'll appreciate the High average owner payments and the Above Average percentage of English and French speakers in the area. The use of public transportation, walking, and cycling are also Above Average, making this an excellent option for those seeking a sustainable and environmentally friendly lifestyle.

Final Thoughts

In conclusion, 1016 788 Richards Street, Vancouver, BC - MLS® R3060699 is a fantastic opportunity for those seeking a vibrant and convenient lifestyle in the heart of Vancouver. With its excellent schools, safe community, and range of housing options, this property is an attractive option for families, investors, and anyone seeking a thriving and sustainable lifestyle.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $838,000
Vancouver $661,530
Downtown VW $590,682
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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