Welcome to Richard's in the heart of Yaletown! This smartly designed 1 Bedroom + Den & 1 Bathroom condo offers the perfect balance of comfort and functionality in one of downtown Vancouver’s most vibrant neighbourhoods. Whether you're a first-time homebuyer or a savvy investor, this home checks all the boxes: a practical layout with no wasted space, an open-concept kitchen, and a cozy living area ideal for everyday living. Enjoy being just steps away from the best of Yaletown – world-class dining, boutique shopping, coffee shops, parks, and the famous Vancouver Seawall. Located in a well-managed, sought-after building with a fitness centre, roof top, & 1 secured parking stall, this is your opportunity to own in a truly walkable, connected location. Live where convenience meets community!
General Info
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 8'0 x 8'0 ft |
| Main Level | Living Room | 10'6 x 10'6 ft |
| Main Level | Dining Room | 10'0 x 10'0 ft |
| Main Level | Primary Bedroom | 9'6 x 9'6 ft |
| Main Level | Den | 6'0 x 6'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
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Welcome to 507 1088 Richards Street in the heart of Vancouver's vibrant Yaletown neighborhood! As we walk through this charming community, I'm excited to share with you the unique features that make this property a dream come true.
Stunning Schools
Nestled among the bustling streets of Yaletown, you'll find Lord Strathcona Community Elementary School, just a 0.94-kilometer stroll from 507 1088 Richards Street. This esteemed institution boasts an impressive No Rating, making it a top choice for families seeking a world-class education. And, just a short 1.74-kilometer walk away, King George Secondary School offers students a comprehensive education with its own No Rating.
Safety First
When it comes to safety, Yaletown's crime statistics are reassuring. With 52,217 disturbances in 2020, the crime rate near 507 1088 Richards Street, Vancouver, BC stands at 7,470.82, ranking it as Average compared to other Canadian cities. Year by year, the total crime rate has seen a notable decrease of -14.94%. You can rest assured that your family's well-being is protected.
Vibrant Community
The 507 1088 Richards Street property is not just a home – it's a gateway to a thriving community. With 22% of residents relying on public transport, 28% using cars, 2% using bicycles, and an impressive 45.8% walking, you'll be surrounded by like-minded individuals who value an active lifestyle. The area's population density of 31,632.3 people per square kilometer is a testament to its vibrant atmosphere.
Demographics and Lifestyle
Looking closer at the demographics, we see a predominantly educated community, with 52% of residents holding a university certificate or degree – a staggering High compared to other BC neighborhoods. Meanwhile, the median household income of $62,771 is Below Average, while the median personal income of $41,842 is Above Average. This diverse community boasts a high percentage of homeowners, with 73.7% of households owning their properties.
Unbeatable Amenities
Just a short walk from 507 1088 Richards Street, you'll find a plethora of lifestyle amenities. Enjoy the beautiful parks, beaches, and trails that Yaletown has to offer. The Northbound Seymour St @ Nelson St bus station is conveniently located just 0.18 kilometers away, making it easy to get around the city. Plus, with a range of shopping malls, grocery stores, restaurants, and coffee shops nearby, you'll never be short on options.
Real Estate Insights
The average value of dwellings in this neighborhood is a staggering $651,930, ranking it High compared to other areas in British Columbia. The average owner payments are also High, with property owners spending an average of $1,621 per month. Meanwhile, tenants are paying a lower average of $1,478 per month.
Commuting Made Easy
For those who need to commute, the 507 1088 Richards Street property is strategically located near major highways, making it easy to get to work or explore the city. With a range of transportation options available, you'll be able to navigate the city with ease.
Experience the Best of Yaletown
507 1088 Richards Street, Vancouver, BC MLS R3046758 is more than just a property – it's a ticket to an exceptional lifestyle. With its stunning schools, safe community, vibrant atmosphere, and unbeatable amenities, this property is the perfect choice for those seeking a unique blend of lifestyle and convenience.
Don't miss out on this incredible opportunity to own a piece of Vancouver's Yaletown neighborhood. Contact me today to schedule a viewing and experience the best of Yaletown for yourself!
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