1005 1238 Richards Street — Vancouver West


$ 1,248,000 FOR SALE MLS# R3181986
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Welcome to The Metropolis, where Yaletown living reaches a new standard of sophistication. Enjoy sunlit north-east city & mountain views from this renovated 2-level loft, offering 1 oversize bdrm, 2 baths and a versatile den which can be used a flex 2nd bdrm. A truly comfortable work-from-home haven! The home is appointed with elevated finishes: custom kitchen millwork, full-slab stone, hardwood flooring, expansive windows, clever storage solutions and a spacious walk-in closet. A premium European kitchen appliance package and luxurious fixtures complete both bathrooms. Settle in by 1 of 2 gas fireplaces during cooler months or enjoy Yaletown at your doorstep! The building provides superb amenities including a fitness centre, serene rooftop courtyard, residents lounge and 1 parking stall.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms2
Living Area1,205 sqft
Property TypeResidential – Apartment/Condo
StyleLoft/Warehouse Conv.
MLS® R3181986
StatusActive
Listing BrokerEngel & Volkers Vancouver

Property History

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

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos271
Median Asking Price $ 998,000 $ 1,248,000
Median Price per SqFt $1,094 $1,036
Median Days on Market 53
Sold Properties Nov 2026Oct 2026Nov 2025
Condos 4 ▼90.2% 36 41
Median Selling Price $ 1,294,950 ▲58.9% $ 722,000 $ 815,000
Median Price per SqFt $1,186 ▲17.4% $1,043 $1,010
Median Days on Market 483723
Median Discount Off Ask 6.8%4.4%3.0%
New Listings 176624
Months of Inventory 7.8

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.