708 1188 Richards Street — Vancouver West


$ 649,900 FOR SALE MLS# R3148791
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Located in the heart of Yaletown, this beautifully designed 733 sqft 1-bedroom, 1-bathroom home offers the perfect blend of comfort, space, and convenience. The bright and functional layout features spacious living and dining areas, floor-to-ceiling windows that fill the home with natural light, and a well-appointed kitchen with excellent storage and workspace. Enjoy the best of Vancouver living with Emery Barnes Park, the Seawall, Yaletown’s renowned restaurants, cafés, boutique shops, transit, and everyday amenities all just steps away. Park Plaza is a well-maintained concrete building with a proactive strata, featuring a fully rain-screened exterior, updated windows (2007), re-piping (2012), EV charging on P1. August 15th(Saturday) 2:00 PM –4:00pm
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area733 sqft
Property TypeResidential – Apartment/Condo
MLS® R3148791
StatusActive
Price Change↓ Price Reduced
Listing BrokerPrompton Real Estate Services Inc.

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 $ 649,900
Median Price per SqFt $1,121 $887
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.