Land
$500,000
LOT 18 BLUNDELL ROAD
Richmond325 days on market
MLS® R3067817
1 / 31
2 bed · 2 bath · 820 sq ft · 1 parking
Condo · Single Family · built 2002 · 64 days on market
Listed by Jessica Tam, Sutton Group - Vancouver First Realty
Realtor's description
Welcome to the award-winning River's Reach by Adera, a beautifully maintained and highly sought-after community in the heart of Steveston. This spacious and efficient ground-floor home features a well-designed open-concept layout with two generously sized bedrooms on opposite sides for added privacy, along with two full bathrooms.Step outside to the oversized private patio overlooking the beautifully landscaped gardens and tranquil lagoon-an ideal space for relaxing or entertaining on sunny days. Inside, you'll find engineered hardwood flooring throughout the living areas and bedrooms, a cozy gas fireplace, in-suite laundry, and a large storage room. A bonus brand-new washer and dryer complete this move-in-ready home. Enjoy the perfect balance of nature and convenience.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 820 sq ft
- Parking
- 1
- Year built
- 2002
- Property tax
- $2,188 / yr
- Strata fee
- $547 / mo ($0.67 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 64
- MLS®
- R3153016
Features
- Private setting
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$3,300/mo
Mortgage $2,571 · Tax $182 · Strata $547
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
- −$1,453/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $2,571 · tax $182 · strata $547 · 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 Tomekichi Homma Elementaryhomes in this catchment
600 m away · 5100 Brunswick Dr, Richmond · 604-668-7844
- Secondary Robert A. McMath Secondaryhomes in this catchment
1.6 km 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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