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$838,000

10 7708 ALDERBRIDGE WAY

Richmond · MLS® R3104608

All units at 7708 Alderbridge Way →

2 bed · 2 bath · 1,140 sq ft · 2 parking

Townhouse · Single Family · built 2017 · 193 days on market

Listed by Emily Shi, Team 3000 Realty Ltd.

Realtor's description

Don't miss this one! Rare find 2bed 2 bath residential & commercial use CONCRETE TOWNHOUSE in the heart of Richmond by Amacon. This northeast facing townhouse has a unique ground level street access and a 390sf patio. Amenities include fitness room, indoor swimming pool & hot tub, play area, dance/yoga studio, and a partyroom. Short walk to Olympic Oval, T&T, library, Fraser River, Canada Line, Richmond Centre & Lansdowne Mall, Close to Brighouse Elementary & Richmond Secondary. Two parkings and One locker included. open house Sep 26th Sat from 2-4 pm.

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,140 sq ft
Parking: 2
Year built: 2017
Property tax: $2,836 / yr
Strata fee: $857 / mo ($0.75 / sq ft)
Strata rules: Pets Allowed
Days on market: 193
MLS®: R3104608

Features

Central location
Pets Allowed
All

Price check

Typical for the area (+2.5%)

2026 assessment: $831,000 · asking is +0.8%
Price per sq ft: $735 vs $717 median for townhouses in Richmond for sale (345)
Last sold: $818,000 · Sep 21, 2023

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 193 days · no price changes so far

The market here

Listed now: 52 days; median for 353 townhouses for sale; this one 193 days

Townhouses in Richmond. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$831,000	$2,940
2025	$888,000	$2,836

Estimated tax up 3.7% from 2025 to 2026.

The listing shows $2,836 a year in property tax.

Estimate: the BC Assessment value times Richmond's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$4,744/mo

Mortgage $3,651 · Tax $236 · Strata $857

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,651/ monthly

loan $670,400

25-year amortization

down payment20% · $167,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $424,926
property transfer tax: $14,760; BC general rate
cash to close: $182,360; down + PTT
total paid: $1,095,326

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $2,046/mo
After all costs: −$3,037/mo
Cap rate: 0.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,651 · tax $236 · strata $857 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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

The building's lot: 8,811 m² (94,841 sq ft) · PID 030-206-553. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

RichmondGoogle Maps ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary City Centre Elementaryhomes in this catchment
Secondary Richmond Secondaryhomes in this catchment
1.5 km away · 7171 Minoru Blvd, Richmond · 604-668-6400

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.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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