511 1055 Richards Street — Vancouver West


$ 2,995 FOR RENT MLS# R2959611
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WOW! This remarkable Donavan 1 bed + 2 Dens/office areas is very special, and unique. The floorplan is open and allows for the best use of space. With many millwork built-ins, contemporary finishes, and a south facing exposure this home allows for a luxurious level of living. Donavan is a geothermally heated and cooled building. The common areas including the gym, sauna / steam rooms, and yoga studio are above the average offered in Yaletown. Besides the insuite storage there is also another locker on the lobby level + 1 car parking.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area609 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R2959611
StatusRented
Listing BrokerVancouver Luxury 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
Condos449
Median Asking Price $ 724,000 $ 2,995
Median Price per SqFt $1,017 $5
Median Days on Market 70
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 3 ▼92.5% 37 40
Median Selling Price $ 572,000 ▼16.9% $ 688,000 $ 688,500
Median Price per SqFt $1,006 ▼2.8% $965 $1,035
Median Days on Market 481831
Median Discount Off Ask 7.7%4.5%3.8%
New Listings 1412553
Months of Inventory 10.4

At the current sales pace, it would take about 10 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.