Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond2 days on market
2 bd3 ba1,380 sq ft
MLS® R31724381 / 32
$769,000
117 9700 GLENACRES DRIVE
Richmond · MLS® R3095417
3 bed · 2 bath · 1,280 sq ft · 2 parking
Townhouse · Single Family · built 1969 · 218 days on market
Listed by Lynn Sakai-Boden, RE/MAX Westcoast
Realtor's description
Love where you live! This spacious townhome in Glenacres Village boasts 3 bdrms and 1.5 bathrooms (with a potential for a 2nd bathroom up), and features newer double glazed windows, updated kitchen, appliances, laminate + tile flooring, lighting, bathroom fixtures, full size washer dryer and more. Plus you also have added storage via a new ladder to access the attic space! Pets are welcome & safe in your fully fenced backyard and your family will love the outdoor pool! No busy roads to cross to Walter Lee Elementary (Whiteside for French Imm), and close to McNair Secondary (McRoberts for French Imm). A short walk to nearby transit and main routes makes this an amazing location, but don´t be fooled: this townhome is located in a very quiet enclave within this well-maintained complex
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,280 sq ft
- Parking
- 2
- Year built
- 1969
- Property tax
- $2,494 / yr
- Strata fee
- $380 / mo ($0.30 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 218
- MLS®
- R3095417
Features
- Cul-de-sac
- Pets Allowed With Restrictions
- All
Monthly cost
$3,938/mo
Mortgage $3,350 · Tax $208 · Strata $380
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
- $2,500/mo
- After all costs
- −$1,813/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $3,350 · tax $208 · strata $380 · insurance ~$175 · 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
Location
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Elementary Walter Lee Elementaryhomes in this catchment
200 m away · 9491 Ash St, Richmond · 604-668-6269
- Secondary Matthew McNair Secondaryhomes in this catchment
400 m away · 9500 No. 4 Rd, Richmond · 604-668-6575
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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