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Building & Condo Information

Park Plaza1188 Richards Building

1188 Richards St.

Vancouver, BC V6B 3E6

Official Website: www.1188richards.com
  • Levels24
  • Suites186
  • StatusCompleted
  • Built1995
  • Title to LandFreehold Strata
  • Strata PlanLMS2174
  • ConstructionConcrete
  • AreaVancouver West
  • NeighbourhoodYaletown
$664,450Avg Asking
3Sold (1yr)
$641,333Avg Sold
$963Avg $/Sqft

Overview

Park Plaza - 1188 Richards Street, Vancouver, BC V6B 3E6 - LMS2174. Located in the Downtown area of Vancouver West, at the crossroads of Richard Street and Davie Street. Park Plaza is a high-rise building, built in 1995 with 186 unit over 24 levels. Building features include elevator access, an exercice center, a swirlpool/hot tub, sauna/steam room, and in-suite laundry.

Park Plaza is in the heart of Yaletown, steps to the Skytrain station, restaurants, Choice supermarket and the seawall. Across the street from Emery Barnes Park. Easy acces to many schools, including Rhodes Wellness College, Language Studies International, Tom Lee Music, CSLI Canadian As A Second Language Institute, Pattison High School, Vancouver English Centre, VanWest College, Global Village English Centre, University Of British Columbia and Canadian College of English Language. A short walk to Emery Barnes Park, Helmcken Park, Yaletown Park, David Lam Park, May & Lorne Brown Park, George Wainborn Park, Nelson Park, Coopers' Park and Sunset Beach Park. Nearby restaurants and grocery stores include The Elbow Room Cafe, Juno Vancouver Sushi Bistro, The Corner, Nuba Cafe, Yamato Sushi Restaurant, Howard, Two Parrots Perch and Grill, Best Western Chateau Granville, Twisted Fork Bistro, Brix Restaurant, Choices Market, Granville Food Market, Body Energy Club, Stop N Go Convenience Store, Drake Market, Nesters Market, Ash Market, Foodness, H-Mart Downtown and Marketplace IGA. Easy access to Stanley Park, English Bay, Rogers Arena, Vancouver Public Library, Edgewater Casino, Vancouver Art Gallery, and many other attractions.

Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Park Plaza specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

For Sale in Park Plaza & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-07-06 1003 1188 Richards St. Active 2 2 $899,000 ($994/sf) 904 $520 $3120 (2024) RE/MAX Select Realty
2026-03-28 2203 1188 Richards St. Active 2 1 $709,000 ($935/sf) 758 $455 $2651 (2025) Team 3000 Realty Ltd.
2026-06-24 606 1188 Richards St. Active 1 1 $599,800 ($975/sf) 615 $402 $2080 (2026) Heller Murch Realty
2026-06-29 2101 1188 Richards St. Active 1 $450,000 ($1,071/sf) 420 $237 $1643 (2025) Engel & Volkers Vancouver
Avg$664,450674

Park Plaza Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-06-09 708 1188 Richards St. 1 1 733 $699,000 $660,000 ($900/sf) $418 $2398 (2025) Oakwyn Realty Ltd.
2026-04-14 1607 1188 Richards St. 1 1 628 $619,800 $609,000 ($970/sf) $357 $2236 (2025) Oakwyn Realty Ltd.
2025-09-29 2105 1188 Richards St. 1 1 643 $669,900 $655,000 ($1,019/sf) $374 $2501 (2025) Oakwyn Realty Ltd.
2025-06-18 902 1188 Richards St. 1 408 $469,900 $458,000 ($1,123/sf) $233 $1523 (2024) Royal LePage Elite West
2025-06-08 1190 Richards St. 3 3 1510 $1,435,000 $1,400,000 ($927/sf) $761 $4215 (2024) Stilhavn Real Estate Services
2025-05-25 1203 1188 Richards St. 2 2 907 $948,000 $890,000 ($981/sf) $515 $2971 (2024) Sutton Group - 1st West Realty
2025-04-04 2208 1188 Richards St. 1 1 653 $759,000 $737,000 ($1,129/sf) $374 $2484 (2024) Macdonald Realty Westmar
2025-03-18 1209 1188 Richards St. 2 2 885 $869,000 $866,000 ($979/sf) $515 $2992 (2024)
2025-02-04 309 1188 Richards St. 2 2 915 $799,000 $860,000 ($940/sf) $520 $2772 (2024)
2024-10-23 1707 1188 Richards St. 1 1 648 $688,000 $686,000 ($1,059/sf) $358 $2196 (2024) Magsen Realty Inc.

Sold data from the MLS® feed for strata plan LMS2174. Showing the last 24 months by default; expand for up to 80 recent sales.

Park Plaza Market Summary

Park Plaza at 1188 Richards St. — currently 4 active listings averaging $664,450. In the past year 3 units sold at an average of $641,333.

Active Listings4
Avg Asking Price$664,450
Sold (1 Year)3
Avg Sold Price$641,333
Avg $/Sqft$963

Value & Financing

Price Positioning
$994 /sq ft
Active listings here average $994/sf vs $1173/sf across Yaletown.
15% below area average
Mortgage Snapshot
$2,155 /mo
Entry price (from)$450,000
20% down payment$90,000
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Vancouver Condo Market Reports
📊 Vancouver Townhome Market Reports
Market data by RealtySuite

Property Documents

Location, Street View & Aerial

Street View⤢ Expand

Site & Location Maps

Park Plaza location map 1 Open Full View PDF BCCondos & Homes© BC Condos & Homes
Park Plaza location map 2 Open Full View PDF BCCondos & Homes© BC Condos & Homes

Amenities / Features

Exercise Centre
In Suite Laundry
Sauna/steam Room
Swirlpool/hot Tub

-Fitness room with universal gym and elevated terrace garden located on ground-floor 

-Jacuzzi

-Sauna

-Lounge & Meeting Room

 

Maintenance Fees Include

Caretaker
Garbage Pickup
Gardening
Hot Water
Management
Recreation Facility

Location / Site Influences

Shopping Nearby
No Outdoor Area
Central Location
Recreation Nearby

Construction & Development

ConstructionConcrete
Exterior FinishConcrete
RoofOther
FoundationConcrete Perimeter
Rain ScreenFull
DeveloperPacific Columbia Estates Inc.
MarketerPrl Pacific Realty Ltd
Management CompanyFirst Service Residential

Strata Information

Strata PlanLMS2174
Strata Web Sitewww.1188richards.com
Building TypeStrata Condos
Title to LandFreehold Strata
Units in Strata186
Units in Development186
Management CompanyFirst Service Residential — 604-683-8900
Bylaws / RestrictionsPETS ALLOWED W/REST.,RENTALS ALLOWED
Parking / StorageGarage; Underground

Building Contact Info

Caretaker 604-688-1892

Frequently Asked Questions — Park Plaza

What year was Park Plaza built?
Park Plaza was built in 1995.
How many units are in Park Plaza?
Park Plaza has 186 strata units across 24 levels.
What amenities does Park Plaza offer?
EXERCISE CENTRE, IN SUITE LAUNDRY, SAUNA/STEAM ROOM, SWIRLPOOL/HOT TUB.
Is Park Plaza pet-friendly, and what are the bylaws?
Park Plaza bylaws/restrictions: PETS ALLOWED W/REST.,RENTALS ALLOWED.
Who is the property manager for Park Plaza?
Park Plaza is managed by First Service Residential, 604-683-8900.
What is the strata plan number for Park Plaza?
The strata plan number for Park Plaza is LMS2174.
Is Park Plaza freehold or leasehold?
Park Plaza is FREEHOLD STRATA.
Where is Park Plaza located?
Park Plaza is located at 1188 Richards St. in Vancouver West, Vancouver.
How is the real estate market at Park Plaza?
In the past year 3 units sold at Park Plaza, averaging $641,333; there are currently 4 active listings for sale.

Sales Information

Sales Websitewww.1188richards.com
Sales Phone604-688-7056
Sales Address210-1188 West Georgia Vancouver V6E 4A2

Listings for Sale Near Park Plaza 🔎 MLS® Search »

Active listings nearby80
Average price$1,000,407
From$52,000
Up to$5,290,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
2101 1188 Richards St. 1420 $450,000
2203 1188 Richards St. 21758 $709,000
606 1188 Richards St. 11615 $599,800
1003 1188 Richards St. 22904 $899,000
104 1168 Richards St. 121082 $1,022,000
2703 1111 Richards St. 321376 $1,990,000
2607 1111 Richards St. 331265 $1,700,000
2705 1111 Richards St. 331781 $2,490,000
1903 1111 Richards St. 11466 $649,000
2701 1111 Richards St. 11632 $849,000
Photos
2101 1188 RICHARDS STREET $450,000 2101 1188 Richards St. · 0bd/1ba · 420sf 2203 1188 RICHARDS STREET $709,000 2203 1188 Richards St. · 2bd/1ba · 758sf 606 1188 RICHARDS STREET $599,800 606 1188 Richards St. · 1bd/1ba · 615sf 1003 1188 RICHARDS STREET $899,000 1003 1188 Richards St. · 2bd/2ba · 904sf 104 1168 RICHARDS STREET $1,022,000 104 1168 Richards St. · 1bd/2ba · 1082sf 2703 1111 RICHARDS STREET $1,990,000 2703 1111 Richards St. · 3bd/2ba · 1376sf 2607 1111 RICHARDS STREET $1,700,000 2607 1111 Richards St. · 3bd/3ba · 1265sf 2705 1111 RICHARDS STREET $2,490,000 2705 1111 Richards St. · 3bd/3ba · 1781sf 1903 1111 RICHARDS STREET $649,000 1903 1111 Richards St. · 1bd/1ba · 466sf 2701 1111 RICHARDS STREET $849,000 2701 1111 Richards St. · 1bd/1ba · 632sf

Park Plaza Area Map 🔍 Open larger map ↗