1205 788 Richards Street — Vancouver West


$ 749,000 FOR SALE MLS# R2915598
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Presenting the L'Hermitage! Centrally located in the heart of Downtown Vancouver, this fabulous 1 bed boasts open concept living w/ over height ceilings, brand new laminate flooring throughout & a gourmet kitchen featuring top of the line Sub-Zero & Bosch SS appliances, Eggersman cabinets & quartz counters. Beautiful limestone bathroom & a lovely master bed w/ fabulous custom-designed closet organizer. In suite storage/den offers plenty of extra storage. This home also features a covered balcony for year round use. The building offers amazing amenities; 24hr concierge, outdoor pool, Jacuzzi, exercise room, lounge & rooftop courtyard. Steps away from restaurants, shops, cafes, bars & entertainment & all the city has to offer! Air Conditioned. Pets & rentals OK.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area660 sqft
Property TypeResidential – Apartment/Condo
MLS® R2915598
StatusTerminated
Listing BrokereXp Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Downtown VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos1174
Median Asking Price $ 789,900 $ 749,000
Median Price per SqFt $1,111 $1,135
Median Days on Market 679
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 2 ▼97.0% 6 66
Median Selling Price $ 967,500 ▲46.0% $ 563,500 $ 662,500
Median Price per SqFt $1,117 ▲10.9% $893 $1,007
Median Days on Market 302639
Median Discount Off Ask 3.9%3.1%4.7%
New Listings 1186317
Months of Inventory 48.2

At the current sales pace, it would take about 48 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.

Downtown VW: Number of Sales

Downtown VW: Median Sold Price

Downtown VW: Median Sold Price per SqFt

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