Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 35
$498,800
1002 6651 MINORU BOULEVARD
Richmond · MLS® R3165422
2 bed · 2 bath · 1,184 sq ft · 1 parking
Condo · Single Family · built 1974 · 23 days on market
Listed by Ken Hu, Real Broker
Realtor's description
*OPEN HOUSE 9/19 (SAT) 2-4PM* 1100+ SQ FT of living space located in the heart of Richmond at Park Towers, perfect for those who value location, convenience, and room to live comfortably. Bright living and dining areas enjoy open city outlooks, while the enclosed east-facing solarium brings in gentle morning light without the intense summer heat. The home features updated flooring and fresh paint, two generously sized bedrooms with ample closet space, and a functional layout. The kitchen awaits your renovation ideas to create your dream cooking space. Well-maintained building with strata fees that include heat, water, and electricity-everything is covered. Steps to Richmond Centre, SkyTrain, the library, and the community center. A fantastic opportunity for downsizers or those looking for lifestyle upgrades.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,184 sq ft
- Parking
- 1
- Year built
- 1974
- Property tax
- $1,923 / yr
- Strata fee
- $560 / mo ($0.47 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 23
- MLS®
- R3165422
Features
- Central location
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- Refrigerator
- Dishwasher
Floor plans
Found among the listing photos.
Monthly cost
$2,894/mo
Mortgage $2,173 · Tax $160 · Strata $560
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
- $2,046/mo
- After all costs
- −$1,046/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,173 · tax $160 · strata $560 · insurance ~$35 · 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
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Elementary Samuel Brighouse Elementaryhomes in this catchment
700 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
400 m 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.
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