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1182 Richards Street
homes for sale · Vancouver
1182 Richards Street — photo 1 of 40
1 / 40
$1,359,000

1182 Richards Street

Vancouver · MLS® R3175731

331

1,380 sq ft · Townhouse · Single Family · built 1995 · 13 days on market

listed by Erik Carlson, Oakwyn Realty Ltd.

realtor's description

Value for the pocketbook AND the heart. The pocketbook: get more for less. Concrete construction, 3 bed, 3 bath, 4 outdoor spaces, designer specs & a $806 strata fee, all under $1.36M. The heart: everything at your door in enviable Yaletown. Bike path in front, Emery Barnes Park across, secure green views & an unbeatable location. Exposed concrete floors & stairs and heavy glass walls bring bold, industrial character. Main floor: living, dining, kitchen, powder room & private, quiet back patio. Upstairs: two bedrooms, one with a balcony, each with its own ensuite. The bright top floor opens to two private terraces - will it be your office, media room or golden 3rd bedroom. Choices Market, cafes, dog parks, restaurants, Canada Line & the seawall are minutes away. Urban. Sanctuary. 1 parking.

similar homes nearby

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
3
living area
1,380 sq ft
parking
1
year built
1995
property tax
$4,541 / yr
strata fee
$806 / mo ($0.58 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
13
MLS®
R3175731

buying in a building from 1982 to 2000: what to read first

features

  • Central location
  • Elevator
  • Pets Allowed With Restrictions
  • All

floor plans

found among the listing photos.

monthly cost

$7,165/mo
Mortgage $5,981 · Tax $378 · Strata $806

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$5,981/ monthly
loan $1,087,200
25-year amortization
total interest
$707,144
property transfer tax
$25,180
BC general rate
cash to close
$296,980
down + PTT
total paid
$1,794,344
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent
$6,010/mo
after all costs
−$1,811/mo
cap rate
3.7%
yearly net rent ÷ price

Costs: mortgage $5,981 · tax $378 · strata $806 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Downtown, Vancouver: CMHC's average there ($5,081) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords
  • Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
  • Rent increases are capped once a year at the province's set amount. gov.bc.ca
  • The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
  • Vancouver also charges an empty homes tax. vancouver.ca
  • Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

schools

Catchment schools, Vancouver School Board

  • Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
  • Secondary King George Secondaryhomes in this catchment

    1.8 km away · 1755 Barclay St, Vancouver · 604-713-8999

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Erik Carlson
Oakwyn Realty Ltd.
call Erik · 604-719-1501
Powered by: REALTOR.ca
▶ virtual tour

location

VancouverGoogle Maps ↗

Rapid transit: Yaletown–Roundhouse SkyTrain station, 200 m (about 3 min walk); Vancouver City Centre SkyTrain station, 700 m (about 11 min walk).

property tax by year

yearassessedest. tax
2026$1,350,000$4,540
2025$1,420,000$4,424

Estimated tax up 2.6% from 2025 to 2026.

The listing shows $4,541 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

the market here

listed now
50 days
median for 476 townhouses for sale; this one 13 days

Townhouses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

2803 1155 Homer Street, Vancouver
Condo
$1,299,900
2803 1155 Homer Street
Vancouver2 days on market
listed by Oakwyn Realty Ltd.
2221,109 sq ft
MLS® R3178511
2975 E 41st Avenue, Vancouver
House
$1,729,000
25% less per sq ft
2975 E 41st Avenue
Vancouver436 days on market
listed by Royal Pacific Realty Corp.
62
15C 199 Drake Street, Vancouver
Condo
$1,299,000
15C 199 Drake Street
Vancouver63 days on market
listed by Macdonald Realty
22
4183 Cambie Street, Vancouver
Townhouse
$1,350,000
25% less per sq ft
4183 Cambie Street
Vancouver44 days on market
listed by Oakwyn Realty Ltd.
33
320 4900 Cartier Street, Vancouver
Condo
$1,649,000
320 4900 Cartier Street
Vancouverlisted today
listed by Sotheby's International Realty Canada
12
402 5033 Cambie Street, Vancouver
open houseCondo
$1,028,000
402 5033 Cambie Street
Vancouver106 days on market
listed by Royal Pacific Realty Corp.
22
3
2,294 sq ft
MLS® R3037905
1
1,163 sq ft
MLS® R3159163
2
1,753 sq ft
MLS® R3165443
1
1,492 sq ft
MLS® R3179489
1
953 sq ft
MLS® R3146145

location

the building's lot: 2,510 m² (27,017 sq ft) · PID 023-247-673. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Yaletown–Roundhouse SkyTrain station, 200 m (about 3 min walk); Vancouver City Centre SkyTrain station, 700 m (about 11 min walk).

Drive times
  • The Westside Schools – Miniversity1 min
  • Elsie Roy Elementary2 min
  • Pattison High2 min
  • Downtown Vancouver3 min
  • St. Paul's Hospital3 min
  • YVR airport22 min
97

Walkability 97/100 · Very walkable: most errands on foot

Within a 10 minute walk: 9 grocery stores, 227 places to eat or drink, 57 cafes, 22 parks and playgrounds, 4 schools, 11 pharmacies, 50 transit stops.

mihom score from OpenStreetMap places, by straight line distance.