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$169,900

104 7220 LINDSAY ROAD

Richmond · MLS® R3150534

1 bed · 1 bath · 623 sq ft · 1 parking

Condo · Single Family · built 1975 · 71 days on market

Listed by Luis Gan, Dracco Pacific Realty

Rarely available ground-level townhouse-style condo offering exceptional comfort & outstanding convenience in West Richmond's highly desirable Sussex Square. Spanning an efficient 623sf, this spacious west-facing 1BR home feat laminate hardwood & tile flooring, a kitchen equipped with s/s appliances, a full BA, & the rare private, fully fenced backyard. Situated in a well-maintained complex that has undergone comprehensive exterior upgrades-including modernized balconies, patios, windows, & updated plumbing-residents enjoy complete peace of mind while the maintenance fee includes heating, hot water, caretaker service, management, & property taxes. This turn-key res. offers 1 parking spot & just mins on foot fr McKay Elem, Burnett Secondary, Thompson Community Centre, & West Dyke Trail. OPEN HOUSE Sat & Sun | Oct 10th & 11th | 2-4pm "BY APPOINTMENT ONLY"

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 623 sq ft
Parking: 1
Year built: 1975
Strata fee: $619 / mo ($0.99 / sq ft)
Strata rules: Pets not Allowed, Rentals Allowed With Restrictions
Days on market: 71
MLS®: R3150534

Price per sq ft: $273 vs $792 median for condos in Richmond for sale (829)

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.

Central location
Pets not Allowed
Rentals Allowed With Restrictions
Refrigerator
Dishwasher
Stove

On market 71 days

Listed now: 70 days; median for 830 condos for sale; this one 71 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

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 Maps can be out of date or miss a lot line; confirm with the municipality.

$1,359/mo

Mortgage $740 · Strata $619

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$740/ monthly

loan $135,920

25-year amortization

down payment20% · $33,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $86,151
property transfer tax: $1,699; BC general rate
cash to close: $35,679; down + PTT
total paid: $222,071

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.

Rent: $1,676/mo
After all costs: $147/mo
Cap rate: 6.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $740 · strata $619 · 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

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