708 1188 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3163304

12 days on the market
$649,990
Est. Mortgage $2,876/mo
Listing updated:
EstateBlock checked:
Park Plaza
1 Beds
1 Baths
733 sqft
887 $ /sqft
417.54 $ Maint. fee
1995 built
OPEN HOUSE
12 days on the market
$649,990
Est. $2,876/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 708 1188 Richards Street

Welcome to Park Plaza, perfectly positioned directly across from Emery Barnes Park in the vibrant heart of Yaletown. This expansive home delivers a highly functional layout with generous living and dining areas ideal for entertaining. Natural light floods the space through large windows. A standout feature of this unit is the in-suite storage room, offering exceptional everyday convenience. Step outside your front door to immediate park access, Yaletown’s premier dining, cafes, boutique shopping, and transit. Park Plaza is a meticulously maintained, fully rainscreened concrete building that has seen major updates throughout the years, including windows, plumbing, elevators, gym, and lobby, plus EV charging.

Open houses

20 Sep, 2026 (01:00 PM to 03:00 PM)

Interior Features

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

Exterior Features

Exterior Features Garden, No Outdoor Area
View Description City
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $649,990
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 733
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Building Name Park Plaza
Ownership Type Freehold Strata
Maintenance Fee $417.54
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Utility Type 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 No Cats, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None
Units In Development 196

Lot & Land

MLS® # R3163304
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 3E6
Gross Taxes $2,337.95
Zoning DD

Property Timeline

Status Date Price
R3163304 / Active 09-08-2026 $649,990
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 14'9 x 14'9 ft
Main Level Kitchen 8'3 x 8'3 ft
Main Level Foyer 8'1 x 8'1 ft
Main Level Primary Bedroom 11'3 x 11'3 ft
Main Level Dining Room 9'3 x 9'3 ft
Main Level Flex Room 7'5 x 7'5 ft
Main Level Storage 4'11 x 4'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Sutton Group - 1st West 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.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School
Average 1.78 km 6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average 1.11 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
Pattison High School
0.53 km

Closest Transit

Bus Stop
Eastbound Davie St @ Richards St
0.08 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 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

55 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $633,740
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
12 DOM
Very fast
Yaletown avg
49 DOM
Average
Vancouver avg
49 DOM
Slower market

708 1188 Richards Street has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.5% 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 3E6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 3E6, 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 (340 nearby)

  • Spruce · 55 m · Beauty Shop
  • Element nail · 62 m · Beauty Shop
  • All4one barbershop & beauty salon · 67 m · Hairdresser

Restaurants (324 nearby)

  • Red wasabi · 63 m · Restaurant
  • Nuba · 80 m · Restaurant
  • Brix & mortar · 115 m · Restaurant

Cafes (102 nearby)

  • Nine bar coffee · 46 m · Cafe
  • Craffles · 86 m · Cafe
  • Jj bean · 98 m · Cafe

Groceries (76 nearby)

  • Choices market · 70 m · Supermarket
  • 7-eleven · 138 m · Convenience
  • Yaletown liquor store · 168 m · Beverages

Healthcare (15 nearby)

  • Granville pharmacy · 207 m · Healthcare
  • Shoppers drug mart · 249 m · Healthcare
  • The pharmacy yaletown · 255 m · Healthcare

Gyms (4 nearby)

  • Baza dance studios · 273 m · Gym
  • Harbour dance centre · 456 m · Gym
  • Robert lee ymca · 651 m · Gym

Transit (4 nearby)

  • Skytrain @ yaletown-roundhouse stn station · 219 m · Transit
  • Bus stop southbound burrard st @ barclay st · 667 m · Transit
  • Skytrain @ vancouver city centre stn station · 796 m · Transit

Schools NearBy

38 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Claren Academy

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

159 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

450 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

530 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

716 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

747 m

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

939 m

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.02 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

1.04 KM

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

1.04 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

1.11 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

1.13 KM

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

1.13 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

1.20 KM

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

1.34 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.36 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

1.59 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.62 KM

St. Lawrence School

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

1.64 KM

VISST

Independent

Grades Served

Catchment Info

9.9 / 10

Distance

1.77 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

1.78 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.86 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.01 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

2.12 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

5.7 / 10

Distance

2.13 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

2.24 KM

St Francis Xavier

Independent

Grades Served

Catchment Info

9.6 / 10

Distance

2.31 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

9.6 / 10

Distance

2.32 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.36 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.38 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.42 KM

St Patrick's

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.43 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

2.48 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

2.51 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.64 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.75 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

9.8 / 10

Distance

2.75 KM

Fraser Academy

Independent

Grades Served

2-12

Catchment Info

6.2 / 10

Distance

2.86 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.91 KM

Pre-computed routes from 708 1188 Richards St, Vancouver, BC

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
    15 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

708 1188 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 (0.08 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 708 1188 Richards Street

Walk Score Badge
Car-Dependent 99

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
86

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 708 1188 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-247-762).
Total Assessed Value (2026)
$695,000
-9.6% YoY
-1.3%/yr over 4 yr
2022 Value Trend 2026
Land
$526,000
Buildings
$169,000
Year Built
1995
Class
Comprehensive Development
Zoning
DD
Property Tax
$2,338
Year Land Improvements Total Assessed YOY Change
2026 $526,000 $169,000 $695,000
-9.6%
2025 $582,000 $187,000 $769,000
-2.4%
2024 $596,000 $192,000 $788,000
+5.2%
2023 $567,000 $182,000 $749,000
+2.2%
2022 $533,000 $200,000 $733,000

Mortgage Calculator for 708 1188 Richards Street

/month
Principal & Interest
Property Taxes $195
Maintenance fee 417.54
Financing 80% of the $649,990 asking price over 30 years at 4% results in approximately $3,096/month in total estimated carrying costs, $195 property tax, $418 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
This listing generates an estimated $2,284/month in rental income, leaving a -$865/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 708 1188 Richards Street, Vancouver

Buy Vs Rent Calculator

/ month
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Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
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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.

Price vs Neighbourhood Average — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $649,990
Vancouver Loading...
Yaletown Loading...

Based on 48 comparable active apartments/condos in Yaletown, the average asking price is $633,894. This listing is priced 2.5% 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

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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 708 1188 Richards Street

Walk Score Badge
Car-Dependent 99

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
86

Bike Score - Very Bikeable

Biking is convenient for most trips

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