Home Vancouver, BC Yaletown Metropolis 506 1238 Richards Street

506 1238 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R2845852

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Listing updated: Jul 1, 2025 at 11:10am

EstateBlock checked: Oct 5, 2026 at 07:45am

The Metropolis

0 Beds

1 Baths

470 sqft

1085 $ /sqft

276.93 $ Maint. fee

1999 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Jul 1, 2025 at 11:10am

EstateBlock checked: Oct 5, 2026 at 07:45am

Photo

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School: 1.81 km
Elementary
Elsie Roy Elementary School: Average 0.4 km 6.1/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Anchor Point Montessori: 0.46 km
Secondary
Pattison School: 0.6 km

Closest Transit

Bus Stop
Eastbound Davie St @ Richards St: 0.06 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.22 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

56 / 100

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.22 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

127 DOM

Slower than area

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

506 1238 Richards Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 273 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.8 / 10	Distance 398 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 598 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 831 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 852 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 928 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 943 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 996 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.06 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.22 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.23 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.23 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.26 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.31 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.47 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.48 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.53 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.62 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.66 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.76 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.81 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.95 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.01 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	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 2.31 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.36 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.36 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 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 2.43 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 2.58 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.64 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 2.82 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.99 KM

Pre-computed routes from 506 1238 Richards St, Vancouver, BC

506 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

506 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 (0.06 km).

Mortgage Calculator for 506 1238 Richards Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $116

Maintenance fee 276.93

Financing 80% of the $509,900 asking price over 30 years at 4% results in approximately $2,340/month in total estimated carrying costs, $116 property tax, $277 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: Jul 1, 2025

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

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Break Even Down Payment 0%

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Cash on Cash

This listing generates an estimated $1,840/month in rental income, leaving a -$550/month cashflow at current carrying costs. Investors targeting break-even would need roughly 43% down.

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

Estateblock Rent Estimate for 506 1238 Richards Street, Vancouver

Buy Vs Rent Calculator

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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.