1907 788 Richards St, Vancouver, BC, MLS® R3078950

$708,000
Est. Mortgage /mo

$708,000
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
$ 601 Maint. Fee
617 sqft
2008 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

1907 788 Richards St, Vancouver, BC | MLS® R3078950 Property Details

Welcome to the prestigious residences at L’Hermitage located in the vibrant core of Downtown Vancouver. This beautifully updated 1 Bed+Den home offers an open-concept layout that maximizes every inch of 617sqft. Step into a gourmet kitchen featuring granite countertops, Sub-Zero and Bosch stainless steel appliances, a 4-burner gas cooktop, and elegant brushed oak hardwood floors that flow seamlessly throughout. The spa-like bathroom is fully renovated with Bianco Carrara marble on the floors and shower, a separate tub and shower, NuHeat radiant flooring, and a custom vanity with Caesarstone countertops. Views of North Shore Mountains & Peekaboo Water. Resort-style amenities including 24-hour concierge, gym, steam room, and access to an outdoor pool & jacuzzi. 1 parking included.

General Info

Price $708,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 617
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3078950
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $2,205.35
Ownership Type Freehold Strata
Maintenance Fee $601
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air

Utilities

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

Parking

Parking Type Underground, Lane Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions -
Zoning DD
Rental Suites -
# of Kitchens 1
Flooring Hardwood, Other
Foundation Concrete Perimeter
View 1
View Description Mountains & peekaboo Water
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd.

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
1.74 km
Elementary
Lord Strathcona Community Elementary School
0.43 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
0.41 km
Secondary
Lowell High School
0.22 km

Closest Transit

Bus Stop
Eastbound W Georgia St @ Richards St
0.08 km
Skytrain
Skytrain @ Vancouver City Centre Stn
0.24 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 1907 788 Richards Street, a vibrant Downtown Vancouver neighborhood!

As we walk through this charming community, you'll notice the perfect blend of urban convenience and small-town charm. I'm thrilled to share with you the unique characteristics of this area, and I'm confident you'll fall in love with its energy and lifestyle.

Education

Let's start with the excellent schools in the area. The property is serviced by Lord Strathcona Community Elementary School, which is just a 0.43 km walk from your front door. With a rating of No Rating (as of my last update), this school is a great option for families looking for a well-rounded education. Just down the road, you'll also find King George Secondary School, located 1.74 km from your home, with a rating of No Rating.

For those seeking independent school options, The Westside School is the closest elementary school, with a rating of No Rating, located just 0.41 km away. For secondary education, Lowell High School is the closest option, with a rating of No Rating, located 0.22 km from your home.

Safety and Crime

According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. With 52,217 incidents in the area, it's essential to note that crime rates can fluctuate over time. However, with a year-by-year change of -14.94%, this neighborhood is heading in the right direction.

To put these numbers into perspective, the neighborhood has an Average rate of drug crime, with a rating of 229.49, and an Above Average rate of property crimes, with a rating of 5,020.27. Violent crime rates are Below Average, with 1,311.69 incidents in 2020, and a year-by-year change of 3.53%.

Demographics

This neighborhood is a diverse and thriving community, with 58.5% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 2.4% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income in this area is $65,920, which is Average compared to the British Columbia average. The median personal income is $42,581, which is High compared to the BC average. With 72.4% of households owning a mortgage, this neighborhood is a great option for those looking to invest in a home to call their own.

Transit and Commuting

Convenience is key in this neighborhood, with the Eastbound W Georgia St @ Richards St bus station just 0.08 km away from your home. Whether you prefer public transport, driving, or biking, this area has you covered. In fact, 18.7% of the population uses public transport, while 24.5% drive, and 1.7% bike. With 53.4% of residents walking, this neighborhood is perfect for those who value a healthy and sustainable lifestyle.

Lifestyle Amenities

This neighborhood offers an abundance of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. With an average value of dwellings in this neighborhood around $745,989 (High compared to other areas in British Columbia), you'll find a range of housing options to suit your needs.

Real Estate Context

As a seasoned realtor, I can tell you that this neighborhood is a hot commodity, with an average owner payment of $1,792 and an average tenant payment of $1,723. With 61.7% of the population renting, this neighborhood is an excellent option for those looking for a unique blend of urban living and small-town charm.

In conclusion, 1907 788 Richards Street is a fantastic opportunity to live in a vibrant and diverse neighborhood in Downtown Vancouver. With its excellent schools, Average crime rates, and High demographic profile, this area is perfect for families, professionals, and anyone looking for a unique lifestyle.

If you're interested in learning more about this property or would like to schedule a viewing, please don't hesitate to contact me. I'm here to help you every step of the way.

Listing Information:

MLS® R3078950

Address: 1907 788 Richards Street, Vancouver, BC

Neighborhood: Downtown Vancouver

Features: Excellent schools, Average crime rates, High demographic profile, Abundance of lifestyle amenities, Convenient transit options, Unique blend of urban living and small-town charm

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 $708,000
Vancouver $611,832
Downtown VW $585,285
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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