Open houseCondo
$634,999
32% less per sq ft207 8740 NO. 1 ROAD
Richmond44 days on market
3 bd2 ba1,182 sq ft
MLS® R31583801 / 27
$698,000
1002 7979 FIRBRIDGE WAY
Richmond · MLS® R3150983
2 bed · 2 bath · 863 sq ft · 1 parking
Condo · Single Family · built 2013 · 70 days on market
Listed by Zheng Yuan, Youlive Realty
Realtor's description
One of the best floor plans with best facing - Northeast corner unit in the prestigious Quintet Tower B located in the heart of Richmond. Quiet corner unit facing north & east with unobstructed mountain & garden view. Spacious 2 bedrooms & 1 covered parking. Functional layout with separated bedrooms, quartz stone counters, stainless steel appliances & air-conditioning. Great facilities with indoor pool, gym, sauna, yoga room, beautiful garden water work and high ceiling lobby. Step to parks, schools, community ctr, shops, library & public transit. Walk to catchment school - Richmond High offered 1B program. Newly renovated in 2026, featuring new flooring, fresh interior paint, and upggraded range hood. Priced to sell!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 863 sq ft
- Parking
- 1
- Year built
- 2013
- Property tax
- $2,680 / yr
- Strata fee
- $533 / mo ($0.62 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 70
- MLS®
- R3150983
Features
- Central location
- Elevator
- Pets Allowed
- All
- Dishwasher
Monthly cost
$3,797/mo
Mortgage $3,041 · Tax $223 · Strata $533
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
- −$1,950/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $3,041 · tax $223 · strata $533 · 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 William Cook Elementaryhomes in this catchment
900 m away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary Richmond Secondaryhomes in this catchment
1.2 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.
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