Home Vancouver, BC Downtown VW Donovan PH2005 1055 Richards Street

PH2005 1055 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3163776

5 days on the market

$2,298,000

Est. Mortgage $10,166/mo

Listing updated: Sep 11, 2026 at 06:34pm

EstateBlock checked: Sep 14, 2026 at 02:45am

The Donoyan

2 Beds

2 Baths

1522 sqft

1510 $ /sqft

1161.37 $ Maint. fee

2009 built

NEW

5 days on the market

$2,298,000

Est. $10,166/mo with 20% down

Listing updated: Sep 11, 2026 at 06:34pm

EstateBlock checked: Sep 14, 2026 at 02:45am

Photos

Exterior Front Photo of PH2005 1055 Richards Street, Vancouver, BC

Exterior Rear Photo of PH2005 1055 Richards Street, Vancouver, BC

Living Room Photo of PH2005 1055 Richards Street, Vancouver, BC

Family Room Photo of PH2005 1055 Richards Street, Vancouver, BC

Dining Area Photo of PH2005 1055 Richards Street, Vancouver, BC

Kitchen Photo of PH2005 1055 Richards Street, Vancouver, BC

Kitchen Island Photo of PH2005 1055 Richards Street, Vancouver, BC

Pantry Photo of PH2005 1055 Richards Street, Vancouver, BC

Breakfast Nook Photo of PH2005 1055 Richards Street, Vancouver, BC

Primary Bedroom Photo of PH2005 1055 Richards Street, Vancouver, BC

Stunning SW-corner 2-level Penthouse at The Donovan, a Georgie Award winner in Yaletown. Extensively renovated in 2018/19, this 2BR+Den home features high-end minimalist finishes, new flooring, and an updated HVAC system working with energy-efficient geothermal heating/cooling. The open concept main floor features a contemporary kitchen with a premium gas range and waterfall stone island. Upstairs, the primary retreat includes a custom floor-to-ceiling walk-in closet and a spa-like ensuite wrapped in marble with a freestanding tub and glass shower. Crowned by a private 448 sqft rooftop patio with 360-degree views, stone outdoor kitchen/BBQ, and a built-in hot tub. Amenities include gym, sauna, yoga & meeting room. 2 side by side parking and 1 locker included.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Microwave
Interior Features	Elevator, Storage
Heating Type	Geothermal, Heat Pump
Cooling	Central Air, Air Conditioning
Laundry	In Unit
# of Kitchens	1
Flooring	Hardwood, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	city / mountain / water
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$2,298,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1522
Year Built	2009
Age Of Building	17
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Penthouse
Stories	2
Building Amenities	Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Geothermal
Building Name	The Donoyan
Ownership Type	Freehold Strata
Maintenance Fee	$1,161.37
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Geothermal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Rental Suites	None
Units In Development	152

Lot & Land

MLS^® #	R3163776
Area	Vancouver West
Neighbourhood	Downtown VW
City	Vancouver
Postal Code	V6B 0C2
Gross Taxes	$6,906.17
Zoning	DD

Property Timeline

Status	Date	Price
R3163776 / Active	09-09-2026	$2,298,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	8'4 x 8'4 ft
Main Level	Living Room	11'4 x 11'4 ft
Main Level	Dining Room	13'9 x 13'9 ft
Main Level	Den	9'2 x 9'2 ft
Main Level	Bedroom	14'3 x 14'3 ft
Main Level	Patio	15'10 x 15'10 ft
Above Level	Primary Bedroom	14'5 x 14'5 ft
Above Level	Patio	18'5 x 18'5 ft
Above Level	Walk-In Closet	8'11 x 8'11 ft
Above Level	Patio	18'1 x 18'1 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	Yes	#5

Listed by: Rennie & Associates 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 1.71 km 6.2/10
Elementary
Lord Strathcona Community Elementary School: Below Average 0.92 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 0.1 km 9/10
Secondary
Pattison High School: 0.42 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St: 0.15 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.35 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

38 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,417,866

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.35 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

5 DOM

Very fast

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

PH2005 1055 Richards Street has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 38.3% 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 could take longer than the area average to sell.

Climate Risk for V6B 0C2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 0C2, 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 (390 nearby)

Valentina nails & spa · 80 m · Beauty Shop
Money's dry cleaners · 88 m · Laundry
Sunscape · 101 m · Beauty Shop

Restaurants (375 nearby)

24 train express noodle house · 85 m · Restaurant
Uncle fatih's pizza · 156 m · Fast Food
The parlour · 160 m · Restaurant

Cafes (124 nearby)

Nero belgian waffle bar · 97 m · Cafe
No bad days vancouver · 147 m · Cafe
O-cha tea bar · 158 m · Cafe

Groceries (73 nearby)

7-eleven · 116 m · Convenience
Nesters market · 129 m · Supermarket
Your dollar store · 162 m · Convenience

Healthcare (19 nearby)

Shoppers drug mart · 150 m · Healthcare
Granville pharmacy · 232 m · Healthcare
Sina · 273 m · Healthcare

Transit (6 nearby)

Skytrain @ yaletown-roundhouse stn station · 351 m · Transit
Bus stop westbound davie st @ burrard st · 588 m · Transit
Skytrain @ vancouver city centre stn station · 614 m · Transit

Gyms (5 nearby)

Harbour dance centre · 294 m · Gym
Baza dance studios · 439 m · Gym
Robert lee ymca · 541 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 103 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 421 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 561 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 600 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 627 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 756 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 925 m
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 945 m
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 945 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.01 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 1.16 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.18 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.19 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.21 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.50 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.58 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.71 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.77 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.82 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.95 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.00 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.07 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.15 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.28 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.30 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.31 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.31 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.42 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.47 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.48 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.51 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.60 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.64 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.77 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.78 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.92 KM

Pre-computed routes from PH2005 1055 Richards St, Vancouver, BC

PH2005 1055 Richards St, Vancouver, BC Yaletown-Roundhouse 0.4 km

11 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
11 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
29 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
36 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
28 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
29 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

PH2005 1055 Richards St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Yaletown-Roundhouse, with a 11 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Seymour St @ Nelson St (0.15 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near PH2005 1055 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 — PH2005 1055 Richards Street

2026 assessed value, sourced from City of Vancouver open data (PID 027-875-458).

Total Assessed Value (2026)

$2,053,000

-4.4% YoY

-3.4%/yr over 4 yr

2022 Value Trend 2026

Land

$1,569,000

Buildings

$484,000

Year Built

2009

Class

Comprehensive Development

Zoning

Property Tax

$6,906

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,569,000	$484,000	$2,053,000	-4.4%
2025	$1,641,000	$506,000	$2,147,000	+2.6%
2024	$1,600,000	$493,000	$2,093,000	-13.6%
2023	$1,851,000	$571,000	$2,422,000	+2.6%
2022	$1,789,000	$571,000	$2,360,000	—

Mortgage Calculator for PH2005 1055 Richards Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $576

Maintenance fee 1161.37

Based on a 30-year fixed at 4% interest with 20% down ($459,600), the estimated monthly payment for this listing is $10,514/month — $8,777 principal & interest, $576 property tax, $1,161 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: Sep 11, 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 $5,458/month, this property runs a $5,119/month shortfall after mortgage and carrying costs. Break-even requires approximately 67% down.

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

Estateblock Rent Estimate for PH2005 1055 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.