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$698,000

117 8700 JONES ROAD

Richmond · MLS® R3130604

3 bed · 2 bath · 1,743 sq ft · 2 parking

Condo · Single Family · built 1992 · 128 days on market

Listed by Dickson Yau, 1NE Collective Realty Inc.

Rare Southwest Corner Garden Suite at Windgate Royale! This beautifully maintained 3-bedroom, 2-bathroom residence offers 1,743 sq. ft. of spacious one-level living. Thoughtfully designed with generous living and dining areas, a large kitchen, and well-sized bedrooms, each with direct access to an impressive 540 sq. ft. private patio overlooking a peaceful, landscaped inner courtyard. Enjoy warm neutral décor, gleaming hardwood floors, a cozy gas fireplace, in-suite laundry, and ample storage. This exceptionally quiet and private home also includes 2 secured parking stalls and a storage locker. A truly unique offering and the only suite of its kind in the building. Conveniently located steps from Garden City Shopping Centre, parks, schools, restaurants, and public transit.

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,743 sq ft
Parking: 2
Year built: 1992
Property tax: $2,878 / yr
Strata fee: $773 / mo ($0.44 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 128
MLS®: R3130604

Buying in a building from 1982 to 2000: what to read first

Price per sq ft: $400 vs $792 median for condos in Richmond for sale (829)

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.

Central location
Elevator
Wheelchair access
Pets Allowed With Restrictions
All

On market 128 days

Listed now: 70 days; median for 830 condos for sale; this one 128 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Richmond School District 38

Elementary General Currie Elementaryhomes in this catchment
500 m away · 8220 General Currie Rd, Richmond · 604-668-6440
Secondary R C Palmer Secondaryhomes in this catchment
300 m away · 8160 St. Albans Rd, Richmond

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.

$4,054/mo

Mortgage $3,041 · Tax $240 · Strata $773

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

estimated payment

$3,041/ monthly

loan $558,400

25-year amortization

down payment20% · $139,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $353,936
property transfer tax: $11,960; BC general rate
cash to close: $151,560; down + PTT
total paid: $912,336

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.

Rent: $2,500/mo
After all costs: −$1,789/mo
Cap rate: 2.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,041 · tax $240 · strata $773 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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

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