112 7891 NO. 1 ROAD
Richmond · MLS® R3162500
2 bed · 2 bath · 1,217 sq ft · 1 parking
Townhouse · Single Family · built 1977 · 29 days on market
Listed by Christy Leung, LeHomes Realty Premier
Realtor's description
All measurements are approximate by Van 3D photo.com. Very affordable townhouse for 1st home buyers and small family. MID TOWN RICHMOND 2 level townhouse unit. Highly privacy, 150sqft patio, green belt around the master bedroom and living room. Well maintain unit. The clubhouse has gym, sauna, playground and party room. This unit paid a total Levy around $ 45,000.00+ in 2024. New outside walls, rain-screen, windows, patios, railings. Piping 2017, Roof 2015. Like a new building, pets allowed in any breeds, size, and 100% rental allowed, storage locker #112 bigger size, parking 102, Strata fees include City utilities-water/sewer. ($100+ per month), $80+ in contingency funds, close to Elementary, Hugh Boyd Secondary, shopping & the scenic West Dyke.OPEN HOUSE SEPT 12-13 FROM 2:30 TO 4:30PM
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,217 sq ft
- Parking
- 1
- Year built
- 1977
- Property tax
- $1,253 / yr
- Strata fee
- $724 / mo ($0.60 / sq ft)
- Days on market
- 29
- MLS®
- R3162500
Features
- Central location
- All
Floor plans
Found among the listing photos.
Monthly cost
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
- −$1,509/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $2,388 · tax $104 · strata $724 · insurance ~$175 · 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
Schools
Catchment schools, Richmond School District 38
- Elementary Quilchena Elementaryhomes in this catchment
400 m away · 3760 Moresby Dr, Richmond · 604-668-6224
- Secondary Hugh Boyd Secondaryhomes in this catchment
1.2 km away · 9200 No. 1 Rd, Richmond · 604-668-6615
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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