2005 1055 Richards St, Vancouver BC - Apartment/Condo for Sale - MLS# R3125024

$2,675,000
Est. Mortgage $11,834/mo
2 Beds
2 Baths
1522 sqft
1758 $ /sqft
1161.37 $ Maint. fee
2009 built
$2,675,000
Est. $11,834/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 2005 1055 Richards Street

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 $2,675,000
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, Geothermal, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
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, Geothermal, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
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® # R3125024
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 0C2
Gross Taxes $6,694.93
Zoning DD

Property Timeline

Status Date Price
R3125024 / Active 05-19-2026 $2,675,000
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
1.71 km
Elementary
Lord Strathcona Community Elementary School
0.92 km

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

Private Schools

Elementary
Anchor Point Montessori
0.62 km
Secondary
Pattison 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2005 1055 Richards Street

BC Assessment Value — 2005 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
DD
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 2005 1055 Richards Street

/month
Principal & Interest
Property Taxes $558
Maintenance fee 1161.37
Based on a 30-year fixed at 4% interest with 20% down ($535,000), the estimated monthly payment for this listing is $11,936/month — $10,217 principal & interest, $558 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $6,419/month, this property runs a $5,579/month shortfall after mortgage and carrying costs. Break-even requires approximately 64% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,675,000
Vancouver Loading...
Downtown VW Loading...

Based on 7 comparable active apartments/condos in Downtown VW, the average asking price is $1,882,833. This listing is priced 42.1% 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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