Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond2 days on market
2 bd3 ba1,380 sq ft
MLS® R31724381 / 40
$758,000
1108 9133 HEMLOCK DRIVE
Richmond · MLS® R3151904
2 bed · 2 bath · 1,025 sq ft · 2 parking
Condo · Single Family · built 2004 · 65 days on market
Listed by Sylvie Zhao, RE/MAX City Realty
Realtor's description
Rarely available corner unit with amazing city and mountain views. 1,025 sq. ft. home featuring 2 spacious bedrooms and 2 full bathrooms in a well-managed building. Excellent location close to Richmond Centre, shopping, restaurants, and public transit. Functional open-concept layout with granite countertops, stainless steel appliances, laminate flooring, and an electric fireplace. This home also includes 2 parking stalls and a large storage locker. Enjoy outstanding amenities, including an indoor swimming pool, hot tub, steam room, sauna, and fitness centre - one of the most desirable floor plans in this popular building. Don't miss this exceptional opportunity! Open House: Sat, Sept 12, 2-4 pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,025 sq ft
- Parking
- 2
- Year built
- 2004
- Property tax
- $2,533 / yr
- Strata fee
- $539 / mo ($0.53 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 65
- MLS®
- R3151904
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$4,053/mo
Mortgage $3,303 · Tax $211 · Strata $539
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
- −$2,206/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,303 · tax $211 · strata $539 · 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 Henry Anderson Elementaryhomes in this catchment
300 m away · 9460 Alberta Rd, Richmond · 604-668-6355
- Secondary A.R. MacNeill Secondaryhomes in this catchment
500 m away · 6611 No. 4 Rd, Richmond · 604-668-6212
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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