OPEN HOUSE
Welcome to Park Plaza in trendy Yaletown. Unit 1202 is a large studio facing the beautiful Emery Barnes Park, your urban oasis where you can enjoy walks with your dog by the tiered fountain and eat lunch by the pergolas. Rainy day? Not to worry as your private fitness centre with sauna is easily accessible to you at your building’s lobby level. This apartment has new appliances, insuite laundry, and a secure underground parking stall. Park Plaza is fully rainscreened, new windows (2005), new plumbing (2010), new gym (2014), renovated elevators & lobby (2017). A walker and bikers paradise just steps to some of the finest restaurants in Vancouver, boutique shops in Yaletown, Choices Market, the skytrain, Vancouver Seawall, and Marinaside.
Open houses
03 Jan, 2026 (02:00 PM to 03:30 PM)
04 Jan, 2026 (02:00 PM to 03:30 PM)
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 19'9 x 19'9 ft |
| Main Level | Kitchen | 7'8 x 7'8 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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Welcome to the vibrant community surrounding 1202 1188 Richards Street in Vancouver's Yaletown neighborhood, where you'll find a perfect blend of urban convenience and small-town charm. As an experienced realtor, I'm excited to guide you through the local amenities, highlighting the best aspects of this desirable area.
### Schools
Just down the road, you'll find Lord Strathcona Community Elementary School, a highly-regarded institution that's just 1.11 km from 1202 1188 Richards Street. With a rating of No Rating, this school is a testament to the community's commitment to education. What families appreciate most about this school is its dedication to providing a well-rounded education, preparing students for success in all areas of life.
### Crime
According to Statistics Canada's 2020 report, the crime rate in this neighborhood is 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy a safe and peaceful environment, perfect for families and individuals alike. With a -14.94% year-over-year change in the total crime rate, this community is working hard to maintain its low crime rate.
### Demographics
The demographics of this neighborhood are an interesting aspect to explore. With 52% of residents holding a university certificate or degree, this area is considered High in comparison to other BC neighborhoods. Additionally, 5.5% of the population has no certificate or degree, which is Low compared to the average in BC. This suggests a highly educated and motivated community, making it an excellent choice for professionals and families alike.
### Transit
Convenience is key, and with the Westbound Davie St @ Richards St bus station just 0.07 km away from 1202 1188 Richards Street, you're connected to the rest of Vancouver with ease. Whether you're commuting to work or exploring the city, this location offers unparalleled accessibility.
### Lifestyle Amenities
Yaletown is renowned for its upscale shopping and dining options, and 1202 1188 Richards Street is no exception. With a range of high-end boutiques, trendy restaurants, and cozy coffee shops within walking distance, you'll never be short on entertainment options. Plus, the nearby parks and beaches offer a serene escape from the hustle and bustle of city life.
### Real Estate Context
As you explore the local real estate market, you'll find that the average dwelling value in this area is a respectable $651,930, which is High compared to other areas in British Columbia. With 73.7% of households owning their homes, the community is stable and committed to property ownership. Moreover, the average owner payments are High in the area, with owners spending an average of $1,621 per month on their dwellings.
### Unemployment Rate and Population Growth
The unemployment rate in this area is a mere 4.3%, which is Low in comparison to other province neighborhoods. Additionally, the population change between 2011 and 2016 was 21.5%, which is High in comparison to average growth rates in the region. This suggests a thriving community with a strong economy and a high demand for housing.
### Average Household Income and Size of Families
The median household income near 1202 1188 Richards Street is $62,771, which is Below Average in comparison to the British Columbia average. However, the median personal income is $41,842, which is Above Average in comparison to the BC average. Moreover, the average size of families in this area is 2.3, which is Low in comparison to the whole region.
### Transportation and Commuting
A staggering 22% of the population in this area uses public transport, which is Above Average. Meanwhile, 28% of the population uses cars, which is Low. Additionally, 2% of people use bicycles, which is Above Average, and 45.8% of the population walks, which is High. This suggests a community that values sustainability and eco-friendliness.
### MLS® R3072952
In conclusion, 1202 1188 Richards Street in Vancouver's Yaletown neighborhood is a hidden gem that offers the perfect blend of urban convenience and small-town charm. With its highly-rated schools, low crime rate, and thriving community, this area is an excellent choice for families and professionals alike. Contact me today to schedule a viewing and experience the best of what this community has to offer.
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