2602 788 Richards St, Vancouver, BC, MLS® R3085981

$1,999,000
Est. Mortgage /mo

NEW

$1,999,000
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
2 Beds
2 Baths
1 Stories
$ 1244.72 Maint. Fee
1312 sqft
2008 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2602 788 Richards St, Vancouver, BC | MLS® R3085981 Property Details

Welcome to L’Hermitage! This stunning 1,312 sq. ft. 2 Bed + Den corner unit features just under 1000 sq. ft. of additional outdoor living space with expansive city views! Inside, enjoy air-conditioning, hardwood floors, and a chef-inspired kitchen with an oversized island, Bosch appliances, and Sub-Zero fridge. Walk out from your open-concept main living space onto your private wrap-around terrace - perfect for entertaining! The primary suite features a large walk-in closet, double-sink ensuite, and direct access to the west-facing balcony. Includes two side-by-side parking stalls & oversized storage locker. L’Hermitage is one of Vancouver’s most coveted addresses, with 24-hour concierge & resort-style amenities: outdoor pool & spa, steam room, gym & more!

General Info

Price $1,999,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1312
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 Clubhouse, Exercise Centre, Sauna/Steam Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3085981
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $5,890.41
Ownership Type Freehold Strata
Maintenance Fee $1,244.72
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Sauna/Steam Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Heat Pump
Cooling Air Conditioning

Utilities

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

Parking

Parking Type Underground, Lane Access
Total Parking Spaces 2

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes
Rental Restrictions -
Zoning DD
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description CITY VIEWS
Units In Development 204
Exterior Features Garden, Balcony
Sewer Public Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: RE/MAX Crest 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
0.44 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 2602 788 Richards Street, a stunning property in the heart of Vancouver's Downtown VW!

As you step into this incredible home, you'll be surrounded by the vibrant energy of the city. And with its prime location, you'll be close to everything Vancouver has to offer.

Let's start with the schools. Your children will attend top-rated Lord Strathcona Community Elementary School, just 0.44 km away. This highly regarded school has a strong focus on community and academics, making it an excellent choice for families. (MLS® R3085981)

But that's not all - your kids will also have access to King George Secondary School, located just 1.75 km from this fantastic property. With its strong track record of academic excellence, King George Secondary School is an excellent option for students of all ages.

If you're looking for an independent school option, The Westside School is just 0.4 km away from this home for sale. With its unique approach to education, The Westside School is an excellent choice for families who value a more personalized learning experience.

And for those who prefer a secondary independent school option, Lowell High School is an excellent choice, located just 0.21 km from this property. With its strong focus on academic excellence and character development, Lowell High School is an excellent option for students.

Now, let's talk about the community. According to Statistics Canada's 2020 report, the neighbourhood surrounding this property has a total of 52,217 vication disturbances, which translates to an overall crime rate of 7,470.82 per 100,000 population. While this is higher than average, it's essential to note that crime rates can fluctuate, and this neighbourhood has seen a significant decrease in crime over the years, with a year-by-year change of -14.94%.

When it comes to specific types of crime, the neighbourhood surrounding this property has an average drug crime rate, with 1,604 illegal substances lawbreaking disturbances in 2020. This is a relatively low number compared to other neighbourhoods in Vancouver. However, it's essential to note that crime rates can vary, and it's always a good idea to consult with local authorities for the most up-to-date information.

In terms of property crimes, the neighbourhood surrounding this property has an above-average rate, with 35,089 property misconduct incidents in 2020. However, it's essential to note that this number has decreased by -20.80% over the years, indicating a positive trend.

Regarding violent crimes, the neighbourhood surrounding this property has a below-average rate, with 9,168 violent lawbreaking disorders in 2020. This is a relatively low number compared to other neighbourhoods in Vancouver. However, it's essential to note that crime rates can vary, and it's always a good idea to consult with local authorities for the most up-to-date information.

Now, let's talk about the amenities. The closest bus station is Eastbound W Georgia St @ Richards St, located just 0.09 km away from this property. With its excellent public transportation system, you'll have easy access to all the city has to offer.

In terms of demographics, this neighbourhood has a high percentage of university-educated residents, with 58.5% of the population holding a university certificate or degree. This is an excellent indicator of a thriving and educated community. On the other hand, only 2.4% of the population in this neighbourhood has no certificate or degree, which is a relatively low number compared to other neighbourhoods in Vancouver.

When it comes to housing, the median household income in this neighbourhood is $65,920, which is average compared to other neighbourhoods in British Columbia. However, the median personal income is $42,581, which is higher than average. Additionally, 72.4% of households in this neighbourhood have a mortgage, which is a relatively high percentage.

In terms of unemployment, the neighbourhood surrounding this property has a low unemployment rate of 4.3%, which is lower than average compared to other neighbourhoods in British Columbia.

Now, let's talk about the real estate context. This property is located in the heart of Vancouver's Downtown VW, where the population has seen a significant increase of 13.9% between 2011 and 2016. This is a higher growth rate compared to other neighbourhoods in Vancouver.

In terms of population density, the neighbourhood surrounding this property has a high population density of 9,296.6 people per square kilometre. This is a relatively high number compared to other neighbourhoods in Vancouver.

Regarding family dynamics, the average size of families in this neighbourhood is 2.2, which is lower compared to other neighbourhoods in Vancouver. Additionally, 25.3% of families in this neighbourhood have children, which is a relatively low percentage.

In terms of age demographics,

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 $1,999,000
Vancouver $1,881,624
Downtown VW $1,473,583
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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