1002 1055 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3167618

3 days on the market
$599,000
Est. Mortgage $2,650/mo
Listing updated:
EstateBlock checked:
The Donovan By Cressey
1 Beds
1 Baths
562 sqft
1066 $ /sqft
434.47 $ Maint. fee
2009 built
NEW
3 days on the market
$599,000
Est. $2,650/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1002 1055 Richards Street

Welcome to The DONOVAN by reputable Cressey Development. Centrally located in Yaletown downtown. 1 Bedroom & Flex DEN floorplan Features : Spacious 562 SF layout, desirable North-West Exposure with Cityscape VIEW overlooking to the quiet side of building, natural floor-to-ceiling window lighting, kitchen peninsula, s/s appliance package, gas cooking, bedroom built-in storage millwork, private covered balcony, 1 Secured Parking & 1 Locker included. Convenience at your doorstep: Yaletown-Roundhouse SKYTRAIN Stn, Emery Barnes Park & David Lam Park, St Paul's Hospital, law courts, the best of Yaletown, Robson, Granville strip food, shopping & nightlife. Work-live-play; Pets & Rentals OK! *Showing by Appointment*

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Oven, Range Top
Interior Features Elevator, Storage
Fireplace 0
Heating Type Geothermal
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Cityview
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $599,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 562
Year Built 2009
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities
Building Name The Donovan By Cressey
Ownership Type Freehold Strata
Maintenance Fee $434.47
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Lot & Land

MLS® # R3167618
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 0C2
Gross Taxes $2,146.2
Zoning DD

Property Timeline

Status Date Price
R3167618 / Active 09-21-2026 $599,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'2 x 11'2 ft
Main Level Kitchen 8'6 x 8'6 ft
Main Level Dining Room 12'1 x 12'1 ft
Main Level Primary Bedroom 10'0 x 10'0 ft
Main Level Den 7'9 x 7'9 ft
Main Level Laundry 2'11 x 2'11 ft
Main Level Foyer 10'0 x 10'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Sutton Group-West Coast 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.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School
Average 1.71 km 6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average 0.92 km 2.1/10

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

Private Schools

Elementary
Claren Academy
Above Average 0.1 km 9/10
Secondary
Pattison High School
0.42 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.15 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.35 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 52%
No Certificate/Degree
Below Average 5.5%
Owner Occupied
Average 73.7%
Employment Rate
Below Average 27.3%

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

Sell Speed & Competition

58 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $615,772
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.35 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How DOWNTOWN VW compares
This property
3 DOM
Very fast
Downtown VW avg
49 DOM
Average
Vancouver avg
49 DOM
Slower market

1002 1055 Richards Street has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.8% below comparable active properties in Downtown VW, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6B 0C2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 0C2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.7 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (390 nearby)

  • Valentina nails & spa · 80 m · Beauty Shop
  • Money's dry cleaners · 88 m · Laundry
  • Sunscape · 101 m · Beauty Shop

Restaurants (375 nearby)

  • 24 train express noodle house · 85 m · Restaurant
  • Uncle fatih's pizza · 156 m · Fast Food
  • The parlour · 160 m · Restaurant

Cafes (124 nearby)

  • Nero belgian waffle bar · 97 m · Cafe
  • No bad days vancouver · 147 m · Cafe
  • O-cha tea bar · 158 m · Cafe

Groceries (73 nearby)

  • 7-eleven · 116 m · Convenience
  • Nesters market · 129 m · Supermarket
  • Your dollar store · 162 m · Convenience

Healthcare (19 nearby)

  • Shoppers drug mart · 150 m · Healthcare
  • Granville pharmacy · 232 m · Healthcare
  • Sina · 273 m · Healthcare

Transit (6 nearby)

  • Skytrain @ yaletown-roundhouse stn station · 351 m · Transit
  • Bus stop westbound davie st @ burrard st · 588 m · Transit
  • Skytrain @ vancouver city centre stn station · 614 m · Transit

Gyms (5 nearby)

  • Harbour dance centre · 294 m · Gym
  • Baza dance studios · 439 m · Gym
  • Robert lee ymca · 541 m · Gym

Schools NearBy

36 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

103 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
0

Distance

421 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

561 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

600 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

627 m

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

756 m

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

925 m

Madrona School

Independent

Grades Served

K-9

Catchment Info

—
8.3 / 10

Distance

945 m

Franklin School

Independent

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

945 m

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

—
6.1 / 10

Distance

1.01 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
0

Distance

1.16 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

1.18 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.19 KM

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

1.21 KM

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

1.50 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.58 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

1.71 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

1.77 KM

St. Lawrence School

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

1.82 KM

VISST

Independent

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

1.95 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.00 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
0

Distance

2.07 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.15 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

2.28 KM

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

2.30 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

—
5.7 / 10

Distance

2.31 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

2.31 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.42 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.47 KM

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.48 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

2.51 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.60 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.64 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.77 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.78 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

—
9.8 / 10

Distance

2.92 KM

Pre-computed routes from 1002 1055 Richards St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    11 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    29 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    36 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    28 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    29 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    1 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    18 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

1002 1055 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Yaletown-Roundhouse, with a 11 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Seymour St @ Nelson St (0.15 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 1002 1055 Richards Street

Walk Score Badge
Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
84

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 1002 1055 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 027-874-834).
Total Assessed Value (2026)
$638,000
-6.2% YoY
-2.0%/yr over 4 yr
2022 Value Trend 2026
Land
$436,000
Buildings
$202,000
Year Built
2009
Class
Comprehensive Development
Zoning
DD
Property Tax
$2,146
Year Land Improvements Total Assessed YOY Change
2026 $436,000 $202,000 $638,000
-6.2%
2025 $465,000 $215,000 $680,000
-3.4%
2024 $481,000 $223,000 $704,000
-2.4%
2023 $493,000 $228,000 $721,000
+4.3%
2022 $483,000 $208,000 $691,000 —

Mortgage Calculator for 1002 1055 Richards Street

/month
Principal & Interest
Property Taxes $179
Maintenance fee 434.47
With a 20% down payment, buyers can expect an estimated $2,901/month in total housing costs on this $599,000 property — $2,288 mortgage payment, $179 property tax, $434 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $2,162/month estimated rent and $2,960/month in total housing costs, this property has a -$798/month cashflow. Break-even down payment: approximately 48%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1002 1055 Richards Street, Vancouver

Buy Vs Rent Calculator

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Principal: — Interest, tax, insurance, fees: —

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Downtown VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $599,000
Vancouver Loading...
Downtown VW Loading...

Based on 220 comparable active apartments/condos in Downtown VW, the average asking price is $614,753. This listing is priced 2.6% below the neighbourhood average.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1002 1055 Richards Street

Walk Score Badge
Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
84

Bike Score - Very Bikeable

Biking is convenient for most trips

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