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Investment signal

$1,798,000

1108 RICHARDS STREET

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Beds

Baths

Sqft

Year

Type

Retail

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

A rare retail strata unit investment opportunity is now available on the corner of Richards and Helmcken in Yaletown Neighborhood. The retail strata can be deliver vacate possession. (id:65958)

Subtype
Retail
Living area
1,413 square feet
Condo/HOA fee
$932.14 monthly
On market
Jan 7, 2026
Status changed
Apr 23, 2026
Annual tax
$24,505.2 (2025)
Photos
3
MLS#
C8074866
Area
VANCOUVER
Negative cash flow ~$1,890/mo at these assumptions

Cash on cash

-6.31%

Cap rate

3.60%

GRM

16.6

Break-even rent

$10,989

Financing

Down payment$359,600
Loan amount$1,438,400
Mortgage$7,288/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$824
Insurance$80
Maintenance$1,498
CapEx reserve$749
Vacancy loss$450

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $7,288/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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