606 1188 Richards Street — Vancouver West


$ 599,800 FOR SALE MLS# R3139551
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Live in the heart of Yaletown at Park Plaza! This bright and efficient 658 sq.ft. 1 Bed + Den + Flex home offers a smart, functional layout with no wasted space perfect for first-time buyers or investors. Located on the 6th floor, enjoy abundant natural light and city/water views through expansive windows. The open-concept living and dining area flows into a well-designed kitchen, while the spacious bedroom fits a queen-sized bed. The den is ideal for a home office, and the flex space adds valuable storage. Enjoy peace of mind in this fully updated building with rainscreening, newer windows, re-piping, elevators, lobby, gym, and EV charging. Includes 1 parking & 1 locker. Offers as they come!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area615 sqft
Property TypeResidential – Apartment/Condo
MLS® R3139551
StatusActive
Price Change↓ Price Reduced
Listing BrokerHeller Murch Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 events on record for this property

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos218
Median Asking Price $ 1,024,500 $ 599,800
Median Price per SqFt $1,121 $975
Median Days on Market 56
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼96.9% 2 32
Median Selling Price $ 640,000 ▼39.3% $ 614,000 $ 1,055,000
Median Price per SqFt $961 ▼13.7% $1,050 $1,113
Median Days on Market 537334
Median Discount Off Ask 8.4%4.0%3.5%
New Listings 435911
Months of Inventory 14.9

At the current sales pace, it would take about 15 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Yaletown: Number of Sales

Yaletown: Median Sold Price

Yaletown: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Yaletown. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.