Police say the man approached the women from the shadows around 11:30 p.m. PT on Prior Street near Campbell Avenue and demanded their valuables. He left, running west on Prior Street, after obtaining one woman's bag.
"It's obviously very shocking to have someone jump out at you from the bushes with a large knife and rob you and it's important to find this person sooner rather than later and find out what other motives he may have had," said Staff. Sgt. Randy Fincham.
The women, aged 25 and 30, were extremely shaken up according to police who say the suspect may have been hanging around the Strathcona Community Garden prior to the attack.
The man is described as 30 to 40 years old, five feet, 10 inches tall, with an athletic build. He was wearing a black rain jacket and his face was covered with a red bandana.
Police are asking anyone with any information to give them a call at 604-717-3321 or to remain anonymous, contact Crime Stoppers at 1-800-222-8477 or online at solvecrime.ca.
Map: Prior Street near Campbell Avenue