Vancouver Foreclosure Homes & Real Estate for Sale Listings

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1503 928 RICHARDS STREET

Vancouver V6B 6P6

$549,000

Single Family beds: 1 baths: 1.0 584 sq. ft. built: 2000

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Single Family

MLS® Num:

R3038080

Bedrooms:

1

Bathrooms:

1

Year Built:

2000

• Photos (19)

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The Savoy in Downtown Vancouver. This bright corner unit features high ceilings and a fully functional layout with no wasted space. 584 sq.ft. - 1 bedroom and 1 bathroom apartment features a well equipped kitchen and a living room with gas fireplace. Renovated suite with updated kitchen, bathroom, and tile flooring. City views over Yaletown and Rainbow Park from the private balcony. Amenities include an indoor pool, sauna, fitness centre, party room. Pets and rentals are permitted. Located a short walk to groceries, parks, transit, restaurants, sporting events and all that Yaletown has to offer. ALL OFFERS SUBJECT TO APPROVAL OF THE SUPREME COURT OF B.C. **COURT DATE IS SET. COURT DATE IS 9:45AM FEBRUARY 18th 2026** (id:2493)

General Info:

Property Type:

Single Family

Common Interest:

Condo/Strata

Property Attached:

Yes

Total Living Area:

584 sq. ft.54.3 m2

Association Fee:

394.58

Association Fee Frequency:

Monthly

Taxes:

$1,995.7 / 2025

Amenities:

Features:

Exercise Centre

Pool Features:

Indoor pool

Community Features:

Pets Allowed With Restrictions, Rentals Allowed With Restrictions

Building:

Structure Type:

Apartment

Bedrooms:

1

Bathrooms:

1.0

Fireplace:

No

Heating:

Baseboard heaters, Electric

Land:

Lot Size:

0 sq. ft.0 m2

Lot Details:

0

Lot Features:

Central location

Parking Spaces:

Parking:

Underground

Total Parking Spaces:

1

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Listed by Macdonald Realty

Data was last updated February 4, 2026 at 10:45 AM (UTC)

• Sam Huang
• RE/MAX Select Properties
• 1 (778) 991-0649
• Contact by Email

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Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.

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• Related Readings: How to Buy a Court Ordered Sale in BC 2024 – Your Ultimate Guide

About Foreclosure listings

There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean? 

In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.

Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.

What is the process of Foreclosure in BC Canada?

See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.

1. Demand letter. 
2. Petition. 
3. Order Nisi. 
4. Judicial Sale. 
5. Order Made After Application.

To see the detailed steps in a foreclosure proceeding. Please let me know.

Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.

Here’s a simple guide on how to buy a Foreclosure Home in BC

1. Search Foreclosure Listings BC
2. Find a Realtor to write an offer.
3. Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
4. Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
5. The hearing of the application for order approving the sale.
6. Completion of the sale.

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