Condo
$889,000
2106 788 RICHARDS STREET
Vancouver30 days on market
MLS® R3163500
1 / 23
3 bed · 2 bath · 1,168 sq ft · 1 parking
Condo · Single Family · built 2013 · 46 days on market
Listed by Tim Wang, Royal Pacific Realty (Kingsway) Ltd.
Open house · Saturday, October 10, 2pm–4pm
Realtor's description
UNIQUE & RARE 3 BED + DEN S/E CORNER UNIT !! Located in the UBC Wesbrook Village, this beautiful 6-storey low-rise building "Yu" is built by International Development Modern Green Development, designed by Perkins + Will. This stunning + bright unit features Bosch & Leibherr kitchen appliances, composite stone counter top, wide engineered hardwood flooring and soundproof walls. This special floorplan boasts plenty of natural light, storage space-including large walk-in closet off the master & a covered balcony. Great neighbourhood surrounded by walking & cycling trails, forest and beaches. Walk to UBC, U-hill Elementary and Secondary, groceries, restaurants, community center, and all public transits. Everything you need +more! This one of a kind corner unit is a must see! Open House Sat 2-4
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,168 sq ft
- Parking
- 1
- Year built
- 2013
- Property tax
- $2,428 / yr
- Strata fee
- $454 / mo ($0.39 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 46
- MLS®
- R3158475
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Intercom
Monthly cost
$5,536/mo
Mortgage $4,879 · Tax $202 · Strata $454
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,820/mo
- After all costs
- −$2,976/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $4,879 · tax $202 · strata $454 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Metro Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; 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
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Norma Rose Point Elementaryhomes in this catchment
1000 m away · 5488 Ortona Ave, Vancouver · 604-713-5950
- Secondary University Hill Secondaryhomes in this catchment
300 m away · 3228 Ross Dr, Vancouver · 604-713-8258
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.
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