$866,000
3 8633 Capstan Way
Richmond28 days on market
listed by Royal Pacific Realty Corp.
MLS® R3170193
1113 7988 Ackroyd Road
221
945 sq ft · Condo · Single Family · built 2013 · 41 days on market
listed by Rebecca Dong, Unilife Realty Inc.
realtor's description
Corner unit! Southeast facing! One of the most sought-after luxurious concrete, glass & Metal constructed buildings in the heart of Richmond. This open & spacious floor plan features 2 bedrooms, 2 full baths & chef's dream kitchen. Floor to ceiling windows capture all the nature light. Quality built with high-end stainless-steel appliances, extra-large kitchen island, gas cooktop, quartz counters, plenty of cupboard space, Air conditioning & 2 balconies. Take pleasure in the fantastic amenities:75'indoor pool, gym, hot tub, sauna & massive, beautifully landscaped rooftop park! Don't miss out on this chance! Recent updates at expense of $12,000 incl engineering floor all through (2024), new paintings (2023), new cloth washier and dryer (2025).
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 945 sq ft
- parking
- 1
- year built
- 2013
- property tax
- $2,900 / yr
- strata fee
- $586 / mo ($0.62 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 41
- MLS®
- R3165818
features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
monthly cost
$4,305/mo
Mortgage $3,477 · Tax $242 · Strata $586
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
- $2,310/mo
- after all costs
- −$2,214/mo
- cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $3,477 · tax $242 · strata $586 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Richmond: CMHC's average there ($2,046) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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: Lansdowne SkyTrain station, 300 m (about 5 min walk); Richmond–Brighouse SkyTrain station, 400 m (about 6 min walk).
schools
Catchment schools, Richmond School District 38
- Elementary City Centre Elementaryhomes in this catchment
- 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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