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$399,000

105 8511 ACKROYD ROAD

Richmond · MLS® R3072779

1 bed · 1 bath · 647 sq ft · 1 parking

Condo · Single Family · built 1982 · 303 days on market

Listed by Dominic Shu, Sutton Group-West Coast Realty

Lovey 1 bedroom condo in Lexington Square. The living room opens up to a large private 102sft covered balcony overlooking beautiful trees on the East side. This condo features laminate floors throughout, newer kitchen countertops, kitchen cabinets, backsplash tiles, sink, faucet, newer bathtub & surround & fresh paint throughout. The bedroom is spacious enough to accommodate a king sized bed & has good size closets. Enjoy in-suite storage, 1 parking & shared laundry on the same floor. Walking distance to Lansdowne skytrain Station, Lansdowne Mall, Richmond Centre, Kwantlen University, T&T supermarket, shopping & groceries. Strata fees include heat, hot water and outdoor pool. Cats ok, rentals allowed. Nearby schools: Cook Elementary, MacNeill Secondary.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 647 sq ft
Parking: 1
Year built: 1982
Property tax: $1,243 / yr
Strata fee: $338 / mo ($0.52 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 303
MLS®: R3072779

Buying in a building from 1982 to 2000: what to read first

Below typical for the area (-22%)

Price per sq ft: $617 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 Allowed With Restrictions
Refrigerator
Dishwasher
Stove

On market 303 days

Listed now: 70 days; median for 830 condos for sale; this one 303 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$2,180/mo

Mortgage $1,738 · Tax $104 · Strata $338

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

estimated payment

$1,738/ monthly

loan $319,200

25-year amortization

down payment20% · $79,80020%+ 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: $202,321
property transfer tax: $5,980; BC general rate
cash to close: $85,780; down + PTT
total paid: $521,521

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: −$673/mo
Cap rate: 3.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,738 · tax $104 · strata $338 · 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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