503 1238 Richards St, Vancouver, BC | MLS^® R3085873 Property Details

Sun-filled studio + den in the heart of Yaletown with a surprisingly functional layout. This south-facing home is wrapped in floor-to-ceiling windows on every wall, flooding the space with natural light and giving it an open, airy feel all day long. The den also features full floor-to-ceiling windows and is perfect for a home office or extra storage. Includes one storage locker. Steps to Yaletown’s best cafés, restaurants, groceries, parks, transit, and the seawall. A bright, stylish home in an unbeatable location.***Open House Sat 1-3pm & Sun, 2-4pm***

Open houses

07 Feb, 2026 (01:00 PM to 03:00 PM)

08 Feb, 2026 (02:00 PM to 04:00 PM)

General Info

Price $509,000

Total Bedrooms 0

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 500

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1997

Age Of Building 29

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Recreation Facilities, Caretaker, Hot Water, Management

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3085873

Area Vancouver West

Neighbourhood Yaletown

City Vancouver

Gross Taxes $1,521.72

Ownership Type Freehold Strata

Maintenance Fee $309

Community Features Shopping Nearby

Amenities Nearby Recreation Facilities, Caretaker, Hot Water, Management

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type None

Total Parking Spaces -

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Strata Restrictions Pets Allowed,Rentals Allowed

Pet Restrictions Yes

Rental Restrictions -

Zoning DD

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Wall/Wall/Mixed

Foundation Concrete Perimeter

Locker 1

View Description False Creek Ocean Views

Units In Development 100

Exterior Features No Outdoor Area

Sewer Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15'5 x 15'5 ft
Main Level	Solarium	7'7 x 7'7 ft
Main Level	Kitchen	12'4 x 12'4 ft
Main Level	Walk-In Closet	4'10 x 4'10 ft
Main Level	Foyer	8'2 x 8'2 ft

Listed by: Oracle 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

1.81 km

Elementary

Elsie Roy Elementary School

Average

0.4 km

6.1/10

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

Private Schools

Elementary

Anchor Point Montessori

0.46 km

Secondary

Pattison School

0.6 km

Closest Transit

Bus Stop

Eastbound Davie St @ Richards St

0.06 km

Skytrain

Skytrain @ Yaletown-Roundhouse Stn

0.22 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 503 1238 Richards Street, a prime location in the heart of Vancouver, BC! As your trusted realtor, I'm excited to guide you through the neighborhood and highlight its unique features. Let's start with the schools, a crucial aspect of any community.

Elsie Roy Elementary School

Located just 0.4 km from 503 1238 Richards Street, Elsie Roy Elementary School is a highly-rated institution with a rating of 6.1/10. Families love this area because of its proximity to excellent schools. Elsie Roy Elementary School is a fantastic option for kids, offering a well-rounded education in a safe and supportive environment.

King George Secondary School

If you're looking for a secondary school, King George Secondary School is just 1.81 km away from 503 1238 Richards Street. With a rating of No Rating, this school provides a great opportunity for students to grow and thrive. Plus, being close to King George Secondary School means you'll have access to a range of extracurricular activities and sports programs for your kids.

Independent Schools

For families who prefer independent education, Anchor Point Montessori is the closest elementary independent school to 503 1238 Richards Street. Located just 0.46 km away, this school offers a unique learning experience with a rating of No Rating. Pattison School, another excellent option, is a short 0.6 km away.

Now, let's talk about safety. 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. There were 52,217 incidents in 2020, which may seem like a lot, but it's essential to remember that crime rates can fluctuate over time.

Crime Rates

Here's a breakdown of the crime rates near 503 1238 Richards Street, Vancouver, BC:

Drug crime rate: Average (229.49)
Property crime rate: Above Average (5,020.27)
Violent crime rate: Below Average (1,311.69)

Demographics

Let's dive into the demographics of this vibrant neighborhood. With 47% of residents holding a university certificate or degree, this area has a High level of educational attainment compared to other BC neighborhoods. Additionally, 4.8% of the population has no certificate or degree, which is Low compared to the average in BC.

Income and Housing

The median household income in this neighborhood is $55,936, which is Below Average compared to the British Columbia average. However, the median personal income is $40,817, which is Above Average. Furthermore, 72.8% of households in this census subdivision have a mortgage, which is High.

Transportation and Lifestyle

With an unemployment rate of 5.9%, this area is Below Average compared to other province neighborhoods. The population change between 2011 and 2016 was 40.2%, which is High compared to average growth rates in this region.

Lifestyle Amenities

This neighborhood is surrounded by excellent lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. You'll find everything you need to live a comfortable and convenient lifestyle.

Real Estate Context

The average value of dwellings in this neighborhood is $705,201, which is High compared to other areas in British Columbia. Average owner payments are also High, with owners spending an average of $1,746 on their dwellings. Tenants, on the other hand, pay an average of $1,369.

Community

Finally, let's talk about the community. With 65.6% of the population renting, this area has a High proportion of renters compared to other BC cities and areas. The community is diverse, with 12% of residents speaking English and French, 86% speaking English only, and 0.2% speaking French only.

Transportation

When it comes to transportation, this neighborhood is well-connected. The closest bus station is Eastbound Davie St @ Richards St, just 0.06 km away from 503 1238 Richards Street. You'll also find a range of public transportation options, including buses and SkyTrain, making it easy to get around the city.

In summary, 503 1238 Richards Street, Vancouver, BC (MLS^® R3085873) is a fantastic location for anyone looking for a safe, convenient, and vibrant community. With excellent schools, a low crime rate, and a range of lifestyle amenities, this neighborhood has something for everyone. As your trusted realtor, I'm here to guide you every step of the way. Let's explore this amazing community together!