Home Vancouver, BC Yaletown Tribeca Lofts 401 988 Richards Street

401 988 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3126078

109 days on the market

$1,899,900

Est. Mortgage $8,405/mo

Listing updated: Aug 26, 2026 at 01:15pm

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

Tribeca Lofts

2 Beds

3 Baths

2055 sqft

925 $ /sqft

1467.63 $ Maint. fee

2006 built

42.1% cheaper than comps

109 days on the market

$1,899,900

Est. $8,405/mo with 20% down

Listing updated: Aug 26, 2026 at 01:15pm

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

Photos

Exterior Front Photo of 401 988 Richards Street, Vancouver, BC

Exterior Rear Photo of 401 988 Richards Street, Vancouver, BC

Living Room Photo of 401 988 Richards Street, Vancouver, BC

Family Room Photo of 401 988 Richards Street, Vancouver, BC

Dining Area Photo of 401 988 Richards Street, Vancouver, BC

Kitchen Photo of 401 988 Richards Street, Vancouver, BC

Kitchen Island Photo of 401 988 Richards Street, Vancouver, BC

Pantry Photo of 401 988 Richards Street, Vancouver, BC

Breakfast Nook Photo of 401 988 Richards Street, Vancouver, BC

Primary Bedroom Photo of 401 988 Richards Street, Vancouver, BC

If you value spaciousness, you will love this “WOW” 2000sf loft - a condo that FEELS LIKE A HOUSE. Design lovers will appreciate 16ft ceilings with floor-to-ceiling windows, uninterrupted wall space & natural light. The developer of concrete, BOUTIQUE Tribeca Lofts combined 2 units into a one-of-a-kind home wrapped around a courtyard for ABSOLUTE QUIET - a rarity for Yaletown. A refined interior features a large kitchen island, an architectural staircase, glass balustrades and motorized blinds with a generous office space that could be a dining room or even guest room. King-sized ensuite primary overlooks living area below; a second ensuite bedroom is ideal for occasional guests. 2 parking, PRIVATE storage ROOM + locker in well-run strata - no large projects for 10 years. OPEN Sun 2-4pm

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top, Wine Cooler
Interior Features	Elevator, Storage, Vaulted Ceiling(s)
Fireplace	1
Heating Type	Electric, Forced Air, Natural Gas
Cooling	Central Air, Air Conditioning
Laundry	In Unit
# of Kitchens	1
Flooring	Hardwood, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
View Description	Quiet & Green Courtyard
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$1,899,900
Total Bedrooms	2
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	2055
Year Built	2006
Age Of Building	20
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Loft/Warehouse Conv.
Stories	2
Building Amenities	Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Building Name	Tribeca Lofts
Ownership Type	Freehold Strata
Maintenance Fee	$1,467.63
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
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, Lane Access
Total Parking Spaces	2
Strata Restrictions	No Restrictions,Pets Allowed,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes
Units In Development	51

Lot & Land

MLS^® #	R3126078
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6B 8R2
Gross Taxes	$5,354.06
Zoning	DD

Property Timeline

Status	Date	Price
R3126078 / Active	05-20-2026	$1,899,900
to view full Property History (5 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Great Room	17'0 x 17'0 ft
Main Level	Kitchen	15'1 x 15'1 ft
Main Level	Office	17'6 x 17'6 ft
Main Level	Office	9'0 x 9'0 ft
Main Level	Eating Area	11'0 x 11'0 ft
Main Level	Foyer	9'3 x 9'3 ft
Abv Main 2	Primary Bedroom	12'7 x 12'7 ft
Abv Main 2	Bedroom	10'3 x 10'3 ft
Abv Main 2	Walk-In Closet	10'3 x 10'3 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#3
Above Level	Yes	#3

Listed by: Oakwyn 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.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School: Average 1.74 km 6.2/10
Elementary
Lord Strathcona Community Elementary School: Below Average 0.82 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 0.16 km 9/10
Secondary
Lowell High School: 0.44 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St: 0.12 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.42 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

80 / 100

Overall sell-speed score

Likely within 1–3 weeks

A+

Price competition grade

Avg comparable: $2,699,758

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.42 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

109 DOM

Slower than area

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

401 988 Richards Street has a sell-speed score of 80/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 42.1% 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 likely to attract offers within 1–3 weeks.

Climate Risk for V6B 8R2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 8R2, 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 (420 nearby)

Rbc royal bank · 88 m · Bank
Leisure center · 100 m · Clothes
Shoppers drug mart · 104 m · Pharmacy

Restaurants (412 nearby)

24 train express noodle house · 94 m · Restaurant
The parlour · 143 m · Restaurant
Tutto · 143 m · Restaurant

Cafes (143 nearby)

Nero belgian waffle bar · 115 m · Cafe
Starbucks · 120 m · Cafe
No bad days vancouver · 144 m · Cafe

Groceries (81 nearby)

Nesters market · 109 m · Supermarket
Viti wine and lager · 156 m · Beverages
Foodness supermarket · 159 m · Convenience

Healthcare (19 nearby)

Shoppers drug mart · 104 m · Healthcare
Sina · 167 m · Healthcare
Granville pharmacy · 342 m · Healthcare

Transit (7 nearby)

Skytrain @ yaletown-roundhouse stn station · 417 m · Transit
Skytrain @ vancouver city centre stn station · 527 m · Transit
Bus stop southbound howe st @ w georgia st · 555 m · Transit

Gyms (5 nearby)

Harbour dance centre · 271 m · Gym
Cycklus · 492 m · Gym
Baza dance studios · 555 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 156 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 444 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 445 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 521 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 651 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 665 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 819 m
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 863 m
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 863 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 911 m
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.06 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 1.19 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.28 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.29 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.56 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 1.74 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.87 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.92 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 1.98 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.06 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.12 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.20 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 2.26 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.40 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.42 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.46 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.46 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.48 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.71 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.74 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.76 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.81 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 2.93 KM

Pre-computed routes from 401 988 Richards St, Vancouver, BC

401 988 Richards St, Vancouver, BC Yaletown-Roundhouse 0.4 km

12 min

Downtown Vancouver Waterfront Station

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

401 988 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 (0.12 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 401 988 Richards Street

Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 84

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 401 988 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 026-725-223).

Total Assessed Value (2026)

$1,680,000

-2.2% YoY

+1.2%/yr over 4 yr

2022 Value Trend 2026

Land

$1,039,000

Buildings

$641,000

Year Built

2006

Class

Comprehensive Development

Zoning

Property Tax

$5,651

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,039,000	$641,000	$1,680,000	-2.2%
2025	$1,062,000	$655,000	$1,717,000	-3.2%
2024	$1,097,000	$677,000	$1,774,000	+6.9%
2023	$1,026,000	$633,000	$1,659,000	+3.4%
2022	$860,000	$744,000	$1,604,000	—

Mortgage Calculator for 401 988 Richards Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $446

Maintenance fee 1467.63

Based on a 30-year fixed at 4% interest with 20% down ($379,980), the estimated monthly payment for this listing is $9,170/month — $7,256 principal & interest, $446 property tax, $1,468 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 26, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $4,692/month, this property runs a $4,541/month shortfall after mortgage and carrying costs. Break-even requires approximately 71% down.

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

Estateblock Rent Estimate for 401 988 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.