Home Vancouver, BC Downtown VW Mondrian 2 408 989 Richards Street

408 989 Richards St, Vancouver BC – Condo for Sale – MLS® R3174031

408 989 Richards Street, Vancouver, British Columbia V6B 6R6

Vancouver Condos for Sale

1 day on the market

$520,000

Est. Mortgage $2,300/mo

Listing updated: Oct 8, 2026 at 11:08pm

EstateBlock checked: Oct 9, 2026 at 04:45am

Mondrian

0 Beds

1 Baths

466 sqft

1116 $ /sqft

294.43 $ Maint. fee

2001 built

NEW

Photos

Exterior photo of 408 989 Richards St, Vancouver, BC – MLS® R3174031

Exterior Rear Photo of 408 989 Richards Street, Vancouver, BC

Living Room Photo of 408 989 Richards Street, Vancouver, BC

Family Room Photo of 408 989 Richards Street, Vancouver, BC

Dining Area Photo of 408 989 Richards Street, Vancouver, BC

Kitchen Photo of 408 989 Richards Street, Vancouver, BC

Kitchen Island Photo of 408 989 Richards Street, Vancouver, BC

Pantry Photo of 408 989 Richards Street, Vancouver, BC

Breakfast Nook Photo of 408 989 Richards Street, Vancouver, BC

Primary Bedroom Photo of 408 989 Richards Street, Vancouver, BC

Primary Bathroom Photo of 408 989 Richards Street, Vancouver, BC

Walk-In Closet Photo of 408 989 Richards Street, Vancouver, BC

Bedroom 2 Photo of 408 989 Richards Street, Vancouver, BC

Bedroom 3 Photo of 408 989 Richards Street, Vancouver, BC

Bedroom 4 Photo of 408 989 Richards Street, Vancouver, BC

Guest Bathroom Photo of 408 989 Richards Street, Vancouver, BC

Powder Room Photo of 408 989 Richards Street, Vancouver, BC

Office / Den Photo of 408 989 Richards Street, Vancouver, BC

Loft / Bonus Room Photo of 408 989 Richards Street, Vancouver, BC

Spacious and bright studio in the quiet heart of Yaletown in a well maintained, quality building with spectacular amenities including a hot tub, steam room, fully equipped gym, party rooms, bike rooms and more. This home features a kitchen with a full island and gas stove, along with a gas fireplace and balcony. This studio has the perfect layout, allowing it to feel open and significantly more spacious than comparable one bedroom units. One parking and one storage locker are included. Call today to see it for yourself.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	1
Heating Type	Baseboard
Laundry	In Unit
# of Kitchens	1
Flooring	Hardwood
Foundation	Block

Exterior Features

Exterior Features	Balcony
Structures	Multi Family, Residential Attached

Building Details

Price	$520,000
Total Bedrooms	0
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	466
Year Built	2001
Age Of Building	25
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water
Building Name	Mondrian
Ownership Type	Freehold Strata
Maintenance Fee	$294.43
Amenities Nearby	Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type	Community, Electricity Connected, Natural Gas Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Lane Access
Total Parking Spaces	1
Strata Restrictions	No Restrictions

Lot & Land

MLS^® #	R3174031
Area	Vancouver West
Neighbourhood	Downtown VW
City	Vancouver
Postal Code	V6B 6R6
Gross Taxes	$1,618.06
Zoning	RES

Property Timeline

Status	Date	Price
R3174031 / Active	10-08-2026	$520,000

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	7'3 x 7'3 ft
Main Level	Living Room	10'2 x 10'2 ft
Main Level	Flex Room	10'2 x 10'2 ft
Main Level	Nook	8'3 x 8'3 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4

Listed by: RE/MAX Crest 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.

About the building: Mondrian 2

969 Richards Street, Downtown VW, Vancouver

Mondrian 2 building details

Building

Built: 2002
Homes: 344
Construction: Concrete
Title: Freehold Strata
Strata plan: LMS4383
Managed by: Quay Pacific
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Recreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Allowed; Cats and dogs OK, max 1
Rentals: Allowed

Market at Mondrian 2

For sale: 4
Median ask: $587K
Median $/sqft: $1,059
Days on market: 65
Sold, past year: 13

This home

$1,116/sqft, 5.4% above the building median of $1,059.

Homes for sale at Mondrian 2, Vancouver Recent sold listings in Mondrian 2, Vancouver

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

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School: Average 1.7 km 6.2/10
Elementary
Lord Strathcona Community Elementary School: Below Average 0.81 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 0.18 km 9/10
Secondary
Pattison High School: 0.41 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St: 0.08 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.44 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

50 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $470,600

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.44 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

1 DOM

Very fast

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

408 989 Richards Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9.5% 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 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. 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 (422 nearby)

Headspace · 102 m · Hairdresser
Awesome foot + spa · 105 m · Beauty Shop
Madaselle · 107 m · Clothes

Restaurants (419 nearby)

24 train express noodle house · 62 m · Restaurant
Uncle fatih's pizza · 116 m · Fast Food
Cibo trattoria · 136 m · Restaurant

Cafes (144 nearby)

Nero belgian waffle bar · 80 m · Cafe
Starbucks · 84 m · Cafe
No bad days vancouver · 105 m · Cafe

Groceries (82 nearby)

Nesters market · 70 m · Supermarket
Foodness supermarket · 124 m · Convenience
Viti wine and lager · 129 m · Beverages

Healthcare (19 nearby)

Shoppers drug mart · 141 m · Healthcare
Sina · 160 m · Healthcare
Howe street pharmacy · 313 m · Healthcare

Transit (7 nearby)

Skytrain @ yaletown-roundhouse stn station · 439 m · Transit
Skytrain @ vancouver city centre stn station · 509 m · Transit
Bus stop westbound w georgia st @ granville st · 548 m · Transit

Gyms (5 nearby)

Harbour dance centre · 234 m · Gym
Robert lee ymca · 519 m · Gym
Cycklus · 527 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 176 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 406 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 462 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 551 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 644 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 688 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 812 m
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 843 m
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 843 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 902 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 —	N/A	Distance 1.22 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.29 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.31 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.58 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.59 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.70 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.88 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.93 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 2.02 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.07 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 2.22 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.28 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.29 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.30 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.42 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.44 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.49 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.50 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.52 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.71 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.75 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.78 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.84 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 2.95 KM

Pre-computed routes from 408 989 Richards St, Vancouver, BC

408 989 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

408 989 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 (0.08 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 408 989 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 — 408 989 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-978-655).

Total Assessed Value (2026)

$481,000

-6.8% YoY

-1.4%/yr over 4 yr

2022 Value Trend 2026

Land

$326,000

Buildings

$155,000

Year Built

2000

Class

Comprehensive Development

Zoning

Property Tax

$1,618

Year	Land	Improvements	Total Assessed	YOY Change
2026	$326,000	$155,000	$481,000	-6.8%
2025	$350,000	$166,000	$516,000	-3.9%
2024	$364,000	$173,000	$537,000	+0.9%
2023	$361,000	$171,000	$532,000	+4.7%
2022	$337,000	$171,000	$508,000	—

Mortgage Calculator for 408 989 Richards Street

/month

Principal & Interest

Property Taxes $135

Maintenance fee 294.43

A 20% down payment of $104,000 on this $520,000 listing yields an estimated mortgage of $1,986/month (30-year fixed, 4%). Total estimated housing cost: $2,415/month, $135 property tax, $294 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

With $1,877/month in estimated rental income against $2,467/month in mortgage payments, the monthly cashflow is -$590/month. A 44% down payment would reach break-even.

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

Estateblock Rent Estimate for 408 989 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.