1705 - 1055 Richards Street, Vancouver, V6B 0C2 — photo 1

$799,000

1705 - 1055 Richards Street, Vancouver, V6B 0C2
Active
1 Bedrooms 1 Bathrooms 700 sqft Built 2009 Residential

About This Property

Beautiful 1 bed + den + storage in Donovan by Cressey, a luxury boutique building in the heart of Yaletown. This bright NE corner unit offers A/C (geothermal), Miele appliances, granite counters, engineered hardwood, and a spacious open layout with a large balcony. The den has windows—perfect as a 2nd bedroom or office. Enjoy top amenities: gym, sauna, steam room, lounge. Steps to parks, restaurants, SkyTrain, shops. Includes parking & locker. A stylish home in Vancouver’s most desired downtown location!

NoneStorage Locker

Property Details

MLS #

R3005040

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

APT

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

700 sqft

Main Floor

700 sqft

Lot Dimensions

0 x 0.0

Frontage

0

Stories

0

Year Built

2009

Age

16 years

Roof

Other

Construction

Concrete, Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Garage Under Building, Underground

Facing

Northeast

Original Price

$856,000

Strata Fee

$506.31/mo

Taxes

$2,525.92/yr

Listed

2025-05-19

MLS Area

Downtown VW

City

Vancouver

Postal Code

V6B 0C2

Features & Finishes

Heating

Forced Air · Geothermal

Cooling / A/C

Central Air · Air Conditioning

Flooring

Hardwood · Mixed · Tile

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Laundry

In Unit

Interior Features

Elevator · Storage

Exterior Features

Balcony

Building & Community

Total Units

152

Pets

Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Lot Features

Central Location

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected

Community

Shopping Nearby

Building Amenities

Exercise Centre · Caretaker · Trash · Maintenance Grounds · Gas · Hot Water · Management · Geothermal

Disclosures

Property Disclosure

Yes

Coordinates: 49.277648, -123.122316 · Map data © Google

6.4

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market20% above market — check if justified
Days on market350 days — significantly stale, strong negotiation position
Price historyPrice dropped 7% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$754,894

5.5% below asking price

Negotiation Range

$734,919$766,879

$31,960 spread

$734,919$799,000 ask

Based on 82 recent sales, a starting offer around $754,894 (5.5% below ask) is reasonable. Your negotiation range is $734,919 – $766,879.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 7% off original ask — indicates motivation
Extended market time350 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM350d vs market avg of 175d — property may have a pricing or condition issue

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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