2002 989 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3116662

131 days on the market
$650,000
Est. Mortgage $2,876/mo
Listing updated:
EstateBlock checked:
Mondrian 1
1 Beds
1 Baths
629 sqft
1033 $ /sqft
393.21 $ Maint. fee
2001 built
131 days on the market
$650,000
Est. $2,876/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2002 989 Richards Street

Welcome to this spacious and bright upper floor 1 bedroom + den corner home in the Mondrian 1 by Bosa, perfectly located at the edge of Yaletown. With a unique floor plan offering flexibility and plenty of space, this home is flooded with natural light and features stylish wood shutters, stainless steel appliances, granite countertops, and laminate and tile throughout. Enjoy cozy evenings by the gas fireplace or unwind on your balcony with stunning city views. The building offers resort-style amenities including an exercise centre, hot tub, sauna, guest suite, and visitor parking. Plus, you’ll have 1 parking spot and a locker for added convenience. Steps away from Yaletown's trendy restaurants, retail, and transit, this home offers the perfect blend of comfort, style, and location.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Guest Suite, Storage
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

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

Building Details

Price $650,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 629
Year Built 2001
Age Of Building 25
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Water
Building Name Mondrian 1
Ownership Type Freehold Strata
Maintenance Fee $393.21
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Lane Access, Rear Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites None
Units In Development 344

Lot & Land

Lot Size Depth Feet
MLS® # R3116662
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 6R6
Gross Taxes $2,116.31
Zoning DD

Property Timeline

Status Date Price
R3116662 / Active 04-28-2026 $650,000
to view full Property History (5 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 11'1 x 11'1 ft
Main Level Dining Room 9'8 x 9'8 ft
Main Level Kitchen 11'0 x 11'0 ft
Main Level Primary Bedroom 10'1 x 10'1 ft
Main Level Den 6'4 x 6'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: RE/MAX Westcoast

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 1.75 km 6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average 0.84 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 0.13 km 9/10
Secondary
Pattison High School
0.45 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.13 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.39 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

52 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $603,200
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.39 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 YALETOWN compares
This property
131 DOM
Slower than area
Yaletown avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

2002 989 Richards Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7.2% above comparable active properties in Yaletown. 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 6R6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 6R6, 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 (412 nearby)

  • Rbc royal bank · 86 m · Bank
  • Shoppers drug mart · 91 m · Pharmacy
  • Indochino · 99 m · Clothes

Restaurants (402 nearby)

  • 24 train express noodle house · 91 m · Restaurant
  • The parlour · 126 m · Restaurant
  • Ignite pizzeria · 160 m · Restaurant

Cafes (139 nearby)

  • Nero belgian waffle bar · 113 m · Cafe
  • Starbucks · 136 m · Cafe
  • No bad days vancouver · 150 m · Cafe

Groceries (77 nearby)

  • Nesters market · 116 m · Supermarket
  • 7-eleven · 156 m · Convenience
  • Your dollar store · 162 m · Convenience

Healthcare (19 nearby)

  • Shoppers drug mart · 91 m · Healthcare
  • Sina · 193 m · Healthcare
  • Granville pharmacy · 326 m · Healthcare

Transit (7 nearby)

  • Skytrain @ yaletown-roundhouse stn station · 393 m · Transit
  • Skytrain @ vancouver city centre stn station · 552 m · Transit
  • Bus stop eastbound w georgia st @ granville st · 566 m · Transit

Gyms (5 nearby)

  • Harbour dance centre · 285 m · Gym
  • Cycklus · 499 m · Gym
  • Baza dance studios · 532 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

132 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

451 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

463 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

534 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

642 m

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

676 m

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

844 m

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

887 m

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

887 m

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

936 m

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.09 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

1.17 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.25 KM

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

1.27 KM

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

1.54 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.63 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

1.75 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

1.84 KM

St. Lawrence School

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

1.90 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

1.99 KM

VISST

Independent

Grades Served

Catchment Info

9.9 / 10

Distance

2.03 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.10 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.17 KM

St Francis Xavier

Independent

Grades Served

Catchment Info

9.6 / 10

Distance

2.24 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

9.6 / 10

Distance

2.25 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

2.25 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.39 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

5.7 / 10

Distance

2.39 KM

St Patrick's

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.45 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

2.45 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.47 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.69 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.73 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

2.74 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.79 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.94 KM

Pre-computed routes from 2002 989 Richards St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    12 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    30 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    37 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    29 min
  • YVR Airport via Yaletown-Roundhouse → 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
    12 min

Calculate your commute

2002 989 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Yaletown-Roundhouse, with a 12 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Seymour St @ Nelson St (0.13 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 2002 989 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 — 2002 989 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-979-643).
Total Assessed Value (2026)
$647,000
-5.1% YoY
-1.9%/yr over 4 yr
2022 Value Trend 2026
Land
$447,000
Buildings
$200,000
Year Built
2000
Class
Comprehensive Development
Zoning
DD
Property Tax
$2,176
Year Land Improvements Total Assessed YOY Change
2026 $447,000 $200,000 $647,000
-5.1%
2025 $471,000 $211,000 $682,000
-4.3%
2024 $492,000 $221,000 $713,000
-1.1%
2023 $498,000 $223,000 $721,000
+3.0%
2022 $481,000 $219,000 $700,000

Mortgage Calculator for 2002 989 Richards Street

/month
Principal & Interest
Property Taxes $176
Maintenance fee 393.21
Based on a 30-year fixed at 4% interest with 20% down ($130,000), the estimated monthly payment for this listing is $3,052/month — $2,483 principal & interest, $176 property tax, $393 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
At an estimated rental income of $2,285/month, this property runs a $820/month shortfall after mortgage and carrying costs. Break-even requires approximately 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2002 989 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 — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $650,000
Vancouver Loading...
Yaletown Loading...

Based on 88 comparable active apartments/condos in Yaletown, the average asking price is $606,394. This listing is priced 7.2% 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 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 2002 989 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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