Home Vancouver, BC Yaletown Metropolis 2601 1238 Richards Street

2601 1238 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3120590

128 days on the market

$1,749,000

Est. Mortgage $7,738/mo

Listing updated: Aug 5, 2026 at 06:21pm

EstateBlock checked: Sep 6, 2026 at 04:45am

3 Beds

2 Baths

1504 sqft

1163 $ /sqft

923.44 $ Maint. fee

1998 built

128 days on the market

$1,749,000

$1,790,000

Est. $7,738/mo with 20% down

Listing updated: Aug 5, 2026 at 06:21pm

EstateBlock checked: Sep 6, 2026 at 04:45am

Photos

Exterior Front Photo of 2601 1238 Richards Street, Vancouver, BC

Exterior Rear Photo of 2601 1238 Richards Street, Vancouver, BC

Living Room Photo of 2601 1238 Richards Street, Vancouver, BC

Family Room Photo of 2601 1238 Richards Street, Vancouver, BC

Dining Area Photo of 2601 1238 Richards Street, Vancouver, BC

Kitchen Photo of 2601 1238 Richards Street, Vancouver, BC

Kitchen Island Photo of 2601 1238 Richards Street, Vancouver, BC

Pantry Photo of 2601 1238 Richards Street, Vancouver, BC

Breakfast Nook Photo of 2601 1238 Richards Street, Vancouver, BC

Primary Bedroom Photo of 2601 1238 Richards Street, Vancouver, BC

Stunning Sub-PH loft with 1,504sf of living space,soaring 16-foot ceilings,and panoramic False Creek and city views.This bright two-level corner residence at The Metropolis offers 3 beds 2baths an exceptional blend of style,space,and comfort.The open-concept layout flows beautifully from the fully renovated kitchen and dining area into a dramatic double-height living room surrounded by glass and flooded with natural light.The kitchen, bathrooms,and flooring have all been thoughtfully updated.Upstairs the mezz-level primary suite features dual closets,spacious ensuite,an oversized shower,while an additional upstairs bedroom offers flexibility and as ensuite.Third bedroom on the main level provides excellent separation or office.Steps to the Seawall, parks, cafés, and Yaletown shops.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Trash Compactor, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features	Elevator, Pantry
Heating Type	Baseboard
# of Kitchens	1
Flooring	Hardwood, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
View Description	False Creek/Water/City
Roof	Torch-On
Structures	Multi Family, Residential Attached

Building Details

Price	$1,749,000
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1504
Year Built	1998
Age Of Building	28
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Loft/Warehouse Conv.
Stories	2
Building Amenities	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$923.44
Community Features	Adult Oriented, Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Rear Access, Concrete
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Rental Suites	None
Units In Development	101

Lot & Land

Lot Size Depth	Feet
Lot Size Frontage	0
MLS^® #	R3120590
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6B 6M6
Gross Taxes	$4,895.67
Zoning	STRATA

Property Timeline

Status	Date	Price
R3120590 / Active	05-01-2026	$1,749,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13' x 13' ft
Main Level	Dining Room	9'4 x 9'4 ft
Main Level	Kitchen	10'11 x 10'11 ft
Main Level	Foyer	8'4 x 8'4 ft
Main Level	Bedroom	10'2 x 10'2 ft
Above Level	Primary Bedroom	17'7 x 17'7 ft
Above Level	Bedroom	13' x 13' ft
Above Level	Storage	10'2 x 10'2 ft
Above Level	Laundry	8'1 x 8'1 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Above Level	Yes	#4

Listed by: Royal Pacific Realty Corp.

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

Elementary
Elsie Roy Elementary School: Average 0.39 km 6.8/10
Secondary
King George Secondary School: Average 1.82 km 6.2/10

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 0.28 km 9/10
Secondary
Pattison High School: 0.61 km

Closest Transit

Bus Stop
Eastbound Davie St @ Richards St: 0.07 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.21 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 47%
No Certificate/Degree: Below Average 4.8%
Owner Occupied: Average 72.8%
Employment Rate: Below Average 24.4%

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

57 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,773,486

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.21 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

128 DOM

Slower than area

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

2601 1238 Richards Street has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.4% below comparable active properties in Yaletown, 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 6M6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 6M6, 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 (~3.8 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 (307 nearby)

Elle boutique salon · 9 m · Beauty Shop
Posy · 97 m · Beauty Shop
All4one barbershop & beauty salon · 102 m · Hairdresser

Restaurants (299 nearby)

Nuba · 63 m · Restaurant
Red wasabi · 99 m · Restaurant
Kurotaki · 119 m · Restaurant

Cafes (87 nearby)

Craffles · 67 m · Cafe
Jj bean · 81 m · Cafe
Nine bar coffee · 84 m · Cafe

Groceries (72 nearby)

Choices market · 54 m · Supermarket
Ganache pâtisserie · 100 m · Bakery
Farm to table · 128 m · Supermarket

Healthcare (14 nearby)

Shoppers drug mart · 158 m · Healthcare
Yale i.d.a. pharmacy · 209 m · Healthcare
The pharmacy yaletown · 214 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 164 m · Gym
Harbour dance centre · 562 m · Gym
Robert lee ymca · 723 m · Gym

Transit (3 nearby)

Skytrain @ yaletown-roundhouse stn station · 215 m · Transit
Bus stop eastbound pacific blvd @ marinaside cres · 756 m · Transit
Skytrain @ vancouver city centre stn station · 914 m · Transit

Schools NearBy

39 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 277 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.8 / 10	Distance 391 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 606 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 835 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 854 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 920 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 935 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 989 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.06 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.23 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.24 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.24 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.25 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.32 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.47 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.48 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.52 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.63 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.65 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.75 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.82 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.94 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.00 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.19 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.24 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.30 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.35 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.35 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.36 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.36 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.37 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.42 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.54 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.57 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.63 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.74 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.77 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.81 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.99 KM

Pre-computed routes from 2601 1238 Richards St, Vancouver, BC

2601 1238 Richards St, Vancouver, BC Yaletown-Roundhouse 0.2 km

10 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
10 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
28 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
35 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
27 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
28 min

By car (off-peak)

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

Calculate your commute

2601 1238 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.2 km from Yaletown-Roundhouse, with a 10 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Davie St @ Richards St (0.07 km). Walk Score Transit rating: Rider's Paradise (99/100).

Walkability & Transit Near 2601 1238 Richards Street

Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 99

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 86

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2601 1238 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-183-989).

Total Assessed Value (2026)

$1,518,000

-3.3% YoY

-5.0%/yr over 4 yr

2022 Value Trend 2026

Land

$1,119,000

Buildings

$399,000

Year Built

1998

Class

Comprehensive Development

Zoning

Property Tax

$5,106

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,119,000	$399,000	$1,518,000	-3.3%
2025	$1,157,000	$413,000	$1,570,000	-5.6%
2024	$1,226,000	$437,000	$1,663,000	-10.8%
2023	$1,374,000	$490,000	$1,864,000	-0.2%
2022	$1,283,000	$584,000	$1,867,000	—

Mortgage Calculator for 2601 1238 Richards Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $408

Maintenance fee 923.44

With a 20% down payment, buyers can expect an estimated $8,011/month in total housing costs on this $1,749,000 property — $6,680 mortgage payment, $408 property tax, $923 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: Aug 5, 2026

Investment Cashflow Calculator

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $4,320/month estimated rent and $8,069/month in total housing costs, this property has a -$3,750/month cashflow. Break-even down payment: approximately 65%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2601 1238 Richards Street, Vancouver

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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.