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$1,488,888

11160 BARKENTINE PLACE

Richmond · MLS® R3163243

6 bed · 4 bath · 2,478 sq ft · 4,029 sq ft lot · 2 parking

House · Single Family · built 1977 · 30 days on market

Listed by Elton Shield, Vanhaus Gruppe Realty Inc.

Realtor's description

Great mortgage helper in Steveston! This renovated, well-kept 2-level home features 6 bedrooms and 4 full bathrooms. The top floor offers a spacious 3-bed, 2-bath suite plus a 4th bedroom below. The main floor includes two 1-bed rental suites with separate entries. 2021 updates include a New roof, New windows, New furnace, 2ND hot water tank, 3RD kitchen, extra bachelor space, and high-end washers/dryers in every suite. Features a 1-car garage, ample driveway parking, and a large backyard storage shed. Close to transit, schools, and shopping. Open house Oct 3 11am-1pm, Oct 4 2pm-4pm. See you there!

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 4
Living area: 2,478 sq ft
Lot: 4,029 sq ft
Parking: 2
Year built: 1977
Property tax: $4,634 / yr
Days on market: 30
MLS®: R3163243

Features

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-21%)

2026 assessment: $1,315,700 · asking is +13%
Price per sq ft: $601 vs $757 median for houses in Richmond for sale (596)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 30 days · no price changes so far

The market here

Listed now: 66 days; median for 621 houses for sale; this one 30 days

Houses in Richmond. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,315,700	$4,655

The listing shows $4,634 a year in property tax.

Estimate: the BC Assessment value times Richmond's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$6,873/mo

Mortgage $6,487 · Tax $386

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,487/ monthly

loan $1,191,110

25-year amortization

down payment20% · $297,77820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $754,972
property transfer tax: $27,778; BC general rate
cash to close: $325,555; down + PTT
total paid: $1,946,083

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Suite rent: $1,676/mo
Your cost after the suite: $5,506/mo; vs $7,048 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,487 · tax $386 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Lot outline: 372 m² (4,004 sq ft) · PID 003-829-561. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

RichmondGoogle Maps ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary Westwind Elementaryhomes in this catchment
600 m away · 11371 Kingfisher Dr, Richmond · 604-668-6497
Secondary Robert A. McMath Secondaryhomes in this catchment
500 m away · 4251 Garry St, Richmond · 604-718-4050

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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