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$1,550,000

103 8233 WILLIAMS ROAD

Richmond · MLS® R3158573

All units at 8233 Williams Rd →

3 bed · 3 bath · 1,381 sq ft · 2 parking

Townhouse · Single Family · built 2026 · 45 days on market

Listed by Layla Yang, Dracco Pacific Realty

Realtor's description

Modern comfort meets thoughtful design in this brand-new two-level townhome offering stylish and functional living space. The bright open-concept main floor is designed for everyday living and entertaining, featuring a beautifully appointed kitchen with premium Fisher & Paykel stainless steel appliances, sleek quartz countertops and durable wide-plank water-resistant laminate flooring. Enjoy year-round comfort with built-in A/C, electric baseboard heating, electric fireplace & HRV ventilation. Additional features include LG washer/dryer, smart-home prewiring and security system. Private double side-by-side garage is EV-ready! Ideally located close to schools, Richlea Square Shopping Centre & South Arm Community Centre, with parks, transit and everyday amenities all within easy reach!

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,381 sq ft
Parking: 2
Year built: 2026
Days on market: 45
MLS®: R3158573

Features

Central location
All

Price check

2026 assessment: $1,345,000 · asking is +15%
Price per sq ft: $1,122 vs $717 median for townhouses in Richmond for sale (345)

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 45 days · no price changes so far

The market here

Listed now: 52 days; median for 353 townhouses for sale; this one 45 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,345,000	$4,759

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

$6,753/mo

Mortgage $6,753

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$6,753/ monthly

loan $1,240,000

25-year amortization

down payment20% · $310,00020%+ 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: $785,960
property transfer tax: $29,000; BC general rate
cash to close: $339,000; down + PTT
total paid: $2,025,960

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: $2,500/mo
After all costs: −$4,628/mo
Cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $6,753 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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: 1,919 m² (20,656 sq ft) · PID 032-571-887. 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 Walter Lee Elementaryhomes in this catchment
1.0 km away · 9491 Ash St, Richmond · 604-668-6269
Secondary Hugh McRoberts Secondaryhomes in this catchment
500 m away · 8980 Williams Rd, Richmond · 604-668-6600

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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