Open houseTownhouse
$1,035,000
45 4337 BOUNDARY ROAD
Richmond16 days on market
3 bd3 ba1,285 sq ft
MLS® R31679081 / 17
$1,399,000
1 9099 NO. 2 ROAD
Richmond · MLS® R3148204
3 bed · 3 bath · 1,421 sq ft · 2 parking
Townhouse · Single Family · built 2023 · 79 days on market
Listed by Karen Zhao, RE/MAX Crest Realty
Realtor's description
Welcome to OTTO by Tera Living, a nearly new Pacific Northwest-inspired 3-bedroom duplex in desirable Southwest Richmond featuring a well-sought-after layout with versatile ground floor space ideal for an open office, recreation room, or flex use, huge bedrooms with impressive 13-foot ceilings, over-height ceilings throughout, AC, engineered hardwood flooring, recessed lighting, private frontyard, and side-by-side garage with high ceilings for extra storage, gourmet kitchen with Bosch gas cooktop, built-in Bosch wall oven, smart-home equipped stainless steel refrigerator, and elegant stone countertops, all conveniently located near shopping, parks, and within the catchment of top-ranked Wowk Elementary School and Steveston-London Secondary School, two of Richmond´s most sought-after school. Open house on Aug 1, 2-4PM.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,421 sq ft
- Parking
- 2
- Year built
- 2023
- Property tax
- $5,008 / yr
- Strata fee
- $551 / mo ($0.39 / sq ft)
- Days on market
- 79
- MLS®
- R3148204
Monthly cost
$7,064/mo
Mortgage $6,095 · Tax $417 · Strata $551
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,500/mo
- After all costs
- −$4,939/mo
- Cap rate
- 1.0%
- yearly net rent ÷ price
Costs: mortgage $6,095 · tax $417 · strata $551 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Richmond (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Secondary Steveston-London Secondaryhomes in this catchment
1000 m away · 6600 Williams Rd, Richmond · 604-668-6668
From the Richmond School District 38's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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