1601 788 Richards St, Vancouver BC – Condo for Sale – MLS® R3095765

1601 788 Richards Street, Vancouver, British Columbia V6B 0C7

236 days on the market
$1,168,000
Est. Mortgage $5,167/mo
Listing updated:
EstateBlock checked:
2 Beds
2 Baths
1062 sqft
1100 $ /sqft
1030 $ Maint. fee
2008 built
236 days on the market
$1,168,000
Est. $5,167/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1601 788 Richards Street

Welcome to L'Hermitage, a luxurious boutique building in the heart of Downtown Vancouver! This 2 bedroom & den corner unit offers spectacular SE views. Luxury chef kitchen with high-end Bosch S/S appliances, Subzero fridge, and large island with plenty of storage. Large living & dining area with floor to ceiling windows and AC. Spacious bedrooms and den. Lavish amenities include 24hrs concierge, gym, heated pool, steam, sauna and lounge. Walk to restaurants, grocery stores, shopping & more!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 0
Heating Type Electric, Heat Pump
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed
Foundation Concrete Perimeter

Exterior Features

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

Building Details

Price $1,168,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1062
Year Built 2008
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 5
Building Amenities Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Ownership Type Freehold Strata
Maintenance Fee $1,030
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Guest, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions
Units In Development 246

Lot & Land

Lot Size Depth Feet
MLS® # R3095765
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 0C7
Gross Taxes $3,461.28

Property Timeline

Status Date Price
R3095765 / Active 02-27-2026 $1,168,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 11' x 11' ft
Main Level Dining Room 11'9 x 11'9 ft
Main Level Kitchen 7'8 x 7'8 ft
Main Level Primary Bedroom 14'7 x 14'7 ft
Main Level Walk-In Closet 3'7 x 3'7 ft
Main Level Den 8'5 x 8'5 ft
Main Level Bedroom 10' x 10' ft
Main Level Foyer 3'8 x 3'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #3

Listed by: Royal Pacific Lions Gate 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.

About the building: L'Hermitage

788 Richards Street, Downtown VW, Vancouver

L'Hermitage building details

Building

Built
2008
Homes
184 in 31 storeys
Construction
Concrete
Title
Freehold Strata
Strata plan
BCS2835
Managed by
Associa
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 1
Rentals
Allowed

Market at L'Hermitage

For sale
4
Median ask
$894K
Median $/sqft
$1,045
Days on market
91
Sold, past year
9
This home

$1,100/sqft, 5.3% above the building median of $1,045.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School
1.75 km
Elementary
Lord Strathcona Community Elementary School
0.45 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

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 58.5%
No Certificate/Degree
Below Average 2.4%
Owner Occupied
Average 72.4%
Employment Rate
Below Average 25.3%

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

49 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $1,027,840
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.26 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
236 DOM
Slower than area
Downtown VW avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

1601 788 Richards Street has a sell-speed score of 49/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 12% above comparable active properties in Downtown VW. 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 0C7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 0C7, 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. Nearest station: Vancouver Clark Drive, Vancouver (~3.6 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 (487 nearby)

  • Cut my hair · 21 m · Hairdresser
  • Air · 41 m · Hairdresser
  • Cibc · 52 m · Bank

Restaurants (480 nearby)

  • Fable diner & bar · 49 m · Restaurant
  • Jinya ramen bar · 76 m · Restaurant
  • Ostera coastal cuisine · 85 m · Restaurant

Cafes (178 nearby)

  • Cafe medina · 22 m · Cafe
  • Tim hortons · 52 m · Cafe
  • Giovane caffè · 87 m · Cafe

Groceries (82 nearby)

  • Iga · 53 m · Supermarket
  • Robson wine beer + spirits · 77 m · Beverages
  • H mart · 145 m · Supermarket

Healthcare (22 nearby)

  • London drugs · 216 m · Healthcare
  • Sina · 224 m · Healthcare
  • Pure integrative pharmacy · 255 m · Healthcare

Transit (9 nearby)

  • Skytrain @ vancouver city centre stn station · 261 m · Transit
  • Skytrain @ granville stn station · 309 m · Transit
  • Skytrain @ stadium stn station · 499 m · Transit

Gyms (5 nearby)

  • Harbour dance centre · 390 m · Gym
  • Cycklus · 479 m · Gym
  • Ywca · 571 m · Gym

Schools NearBy

33 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

209 m

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

283 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

398 m

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

447 m

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

529 m

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

—
6.1 / 10

Distance

544 m

Madrona School

Independent

Grades Served

K-9

Catchment Info

—
8.3 / 10

Distance

562 m

Franklin School

Independent

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

562 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
N/A

Distance

585 m

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

684 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

1.01 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

1.46 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.63 KM

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

1.64 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.72 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

1.75 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
N/A

Distance

1.86 KM

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

1.88 KM

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

2.20 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

2.21 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

2.24 KM

St. Lawrence School

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

2.29 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

2.35 KM

VISST

Independent

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

2.44 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

2.45 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.47 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.47 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.51 KM

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.55 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.65 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

Distance

2.66 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.77 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

—
5.7 / 10

Distance

2.80 KM

Pre-computed routes from 1601 788 Richards St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Vancouver City Centre → Waterfront
    8 min
  • Metrotown, Burnaby via Vancouver City Centre → Metrotown
    26 min
  • SFU Burnaby via Vancouver City Centre → Production Way
    33 min
  • Richmond Centre via Vancouver City Centre → Brighouse
    29 min
  • YVR Airport via Vancouver City Centre → YVR-Airport
    30 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
    13 min

Calculate your commute

1601 788 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.3 km from Vancouver City Centre, with a 8 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W Georgia St @ Richards St (0.09 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 1601 788 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
85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 1601 788 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 027-478-076).
Total Assessed Value (2026)
$1,068,000
-3.8% YoY
-1.9%/yr over 4 yr
2022 Value Trend 2026
Land
$792,000
Buildings
$276,000
Year Built
2008
Class
Comprehensive Development
Zoning
DD
Property Tax
$3,593
Year Land Improvements Total Assessed YOY Change
2026 $792,000 $276,000 $1,068,000
-3.8%
2025 $823,000 $287,000 $1,110,000
+0.0%
2024 $823,000 $287,000 $1,110,000
-5.7%
2023 $873,000 $304,000 $1,177,000
+1.9%
2022 $852,000 $303,000 $1,155,000 —

Mortgage Calculator for 1601 788 Richards Street

/month
Principal & Interest
Property Taxes $288
Maintenance fee 1030
Based on a 30-year fixed at 4% interest with 20% down ($233,600), the estimated monthly payment for this listing is $5,779/month — $4,461 principal & interest, $288 property tax, $1,030 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $3,329/month, this property runs a $2,500/month shortfall after mortgage and carrying costs. Break-even requires approximately 65% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1601 788 Richards Street, Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

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 $1,168,000
Vancouver Loading...
Downtown VW Loading...

Based on 33 comparable active apartments/condos in Downtown VW, the average asking price is $1,043,070. This listing is priced 12% above 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 Greater Vancouver REALTORS® 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 1601 788 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
85

Bike Score - Very Bikeable

Biking is convenient for most trips

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