Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond3 days on market
MLS® R3172438
1 / 37
3 bed · 3 bath · 1,406 sq ft · 2 parking
Townhouse · Single Family · built 2017 · 23 days on market
Listed by Bella Geng, RE/MAX Westcoast
Realtor's description
Feels like new, lives like a house! This spacious 3-bedroom, AC-equipped townhome features soaring 9 feet ceilings, an airy open layout and nearly 700 sq.ft. on each main living level. All 3 bedrooms are together on one floor - perfect for family living. Bright, functional and beautifully kept, with generous spaces for gathering, relaxing and growing together. Quiet family-friendly McLennan North location, close to parks, schools, shopping, transit and Richmond Centre. DeBeck Elementary & Palmer Secondary catchment. A rare blend of space, comfort and convenience!
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,406 sq ft
- Parking
- 2
- Year built
- 2017
- Property tax
- $4,024 / yr
- Strata fee
- $423 / mo ($0.30 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 23
- MLS®
- R3165458
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$5,551/mo
Mortgage $4,793 · Tax $335 · Strata $423
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
- $2,500/mo
- After all costs
- −$3,426/mo
- Cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $4,793 · tax $335 · strata $423 · 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
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Elementary Howard De Beck Elementaryhomes in this catchment
1000 m away · 8600 Ash St, Richmond · 604-668-6281
- Secondary R C Palmer Secondaryhomes in this catchment
1.1 km away · 8160 St. Albans Rd, Richmond
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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
