1 bed · 1 bath · 622 sq ft · 1 parking
Condo · Single Family · built 2019 · 104 days on market
Listed by Koey He, Magsen Realty Inc.
Realtor's description
Great Place for living: CONCORD GARDENS Luxury community building, featuring a spacious layout with one bedroom one den (den can be used as small bedroom or office) one bedroom 622sqf which located in a quiet and well-established community. The unit comes with spacious size parking stall. Home included high-end integrated Bosch applications: refrigerator, stove, dishwasher, Bloomberg washer & dryer; Enjoy your excellent amenities: indoor pool, hot tub, bowling alley, movie theatre, basketball & badminton courts, sauna, table tennis, gym, yoga room. Secondary school: AR Macneill elementary school, Talmey Elementary. Mins walk to new skytrain station, bus stops, restaurants, supermarket, mall centre, plazas, which is a remarkable location in central Richmond!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 622 sq ft
- Parking
- 1
- Year built
- 2019
- Property tax
- $2,109 / yr
- Strata fee
- $423 / mo ($0.68 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 104
- MLS®
- R3140474
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
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
- $1,676/mo
- After all costs
- −$2,089/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $2,998 · tax $176 · strata $423 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
Schools
Catchment schools, Richmond School District 38
- Elementary R. C. Talmey Elementaryhomes in this catchment
600 m away · 9500 Kilby Dr, Richmond · 604-668-6275
- Secondary A.R. MacNeill Secondaryhomes in this catchment
2.8 km away · 6611 No. 4 Rd, Richmond · 604-668-6212
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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