Condo
$868,000
305 7008 RIVER PARKWAY
Richmondlisted today
MLS® R3174222
1 / 23
2 bed · 2 bath · 940 sq ft · 1 parking
Condo · Single Family · built 2018 · 59 days on market
Listed by Tracy Niu, Nu Stream Realty Inc.
Realtor's description
Ground Floor | 2 Bed + Den | Private Patio | 940 Sq.Ft. The open-concept layout features a comfortable living and dining area, modern kitchen, generous bedrooms and a versatile den that can be used as a home office, study or additional storage. BIG PRIVATE PATIO overlooking the beautifully landscaped courtyard-a rare feature that brings more outdoor space and a house-like feel to condo living. Enjoy your morning coffee, outdoor dining or simply relax in your own private space. A rare opportunity to enjoy spacious ground-floor living with the comfort, convenience and outdoor space. A must See!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 940 sq ft
- Parking
- 1
- Year built
- 2018
- Property tax
- $2,568 / yr
- Strata fee
- $687 / mo ($0.73 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 59
- MLS®
- R3154522
Features
- Pets Allowed With Restrictions
Monthly cost
$3,946/mo
Mortgage $3,045 · Tax $214 · Strata $687
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
- −$2,099/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $3,045 · tax $214 · strata $687 · 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 Daniel Woodward Elementaryhomes in this catchment
600 m away · 10300 Seacote Rd, Richmond · 604-668-6296
- Secondary Matthew McNair Secondaryhomes in this catchment
2.0 km away · 9500 No. 4 Rd, Richmond · 604-668-6575
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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