$1,039,999
29 7788 Ash Street
Richmondlisted today
listed by Luxmore Realty
MLS® R3178594
11 7400 Minoru Boulevard
321
1,322 sq ft · Townhouse · Single Family · built 1985 · 3 days on market
listed by Heba Awad, Sotheby's International Realty Canada
realtor's description
Popular floorplan with 3bedrooms/2bathroom townhouse with 1322sqft of bright, spacious, move-in-ready living in desirable Minoru Estates. Designed over three levels, this home features an extra large private top-floor primary bedroom retreat with skylit ensuite bathroom, large walk-in closet, & lots of space for a home office. Two oversized bedrooms on 2nd level with large laundry room with full-size washer/dryer. The main floor offers an open living & dining area with cozy fireplace, bright kitchen, plus abundant storage in the XL entry storage closet & separate storage shed. Enjoy the fully enclosed private patio & backyard, perfect for entertaining, gardening, children/pets. Well-managed, low strata fees, pet-friendly. Walk to Richmond Ctr, Minoru Park, schools, library, & SkyTrain.
property details
- type
- Townhouse, Single Family
- bedrooms
- 3
- bathrooms
- 2
- living area
- 1,322 sq ft
- parking
- 1
- year built
- 1985
- property tax
- $2,906 / yr
- strata fee
- $349 / mo ($0.26 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- days on market
- 3
- MLS®
- R3178212
features
- Central location
- Treed
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
floor plans
found among the listing photos.
monthly cost
$4,207/mo
Mortgage $3,616 · Tax $242 · Strata $349
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
- $2,960/mo
- after all costs
- −$1,659/mo
- cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $3,616 · tax $242 · strata $349 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Richmond: CMHC's average there ($2,500) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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 ↗
Rapid transit: Richmond–Brighouse SkyTrain station, 1 km (about 16 min walk); Lansdowne SkyTrain station, 1.8 km (about 27 min walk).
schools
Catchment schools, Richmond School District 38
- Elementary W D Ferris Elementaryhomes in this catchment
700 m away · 7520 Sunnymede Cres, Richmond · 604-668-6538
- Secondary Richmond Secondaryhomes in this catchment
300 m away · 7171 Minoru Blvd, Richmond · 604-668-6400
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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