Condo
$659,900
506 23222 GILLEY ROAD
Richmondlisted today
MLS® R3174326
1 / 36
2 bed · 2 bath · 885 sq ft · 2 parking
Condo · Single Family · built 2015 · 38 days on market
Listed by Mike Ma, Royal Pacific Realty Corp.
Realtor's description
Southeast-facing corner residence with two parking stalls, overlooking the serene courtyard. This well-maintained 2-bedroom, 2-bathroom home features air conditioning and modern laminate flooring throughout. The thoughtfully designed layout offers a functional U-shaped kitchen equipped with stainless steel appliances, quartz countertops, and a gas cooktop. Residents enjoy resort-style amenities including an indoor pool, hot tub, sauna, fitness centre, rooftop garden, and party room. Ideally situated in the heart of Richmond, just steps to SkyTrain, Lansdowne Centre, Richmond Centre, T&T Supermarket, restaurants, and Trinity Western University. A perfect blend of comfort, convenience, and lifestyle.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 885 sq ft
- Parking
- 2
- Year built
- 2015
- Property tax
- $2,500 / yr
- Strata fee
- $540 / mo ($0.61 / sq ft)
- Days on market
- 38
- MLS®
- R3160621
Monthly cost
$4,142/mo
Mortgage $3,394 · Tax $208 · Strata $540
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
- $2,046/mo
- After all costs
- −$2,295/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,394 · tax $208 · strata $540 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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 William Cook Elementaryhomes in this catchment
1.0 km away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary Richmond Secondaryhomes in this catchment
1.2 km 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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