
1 bed · 1 bath · 461 sq ft
Condo · Single Family · built 2022 · 156 days on market
Listed by Helena Zhang, Sutton Group - Vancouver First Realty
Realtor's description
Welcome home! This elegant 1-bedroom, 1-bathroom condo comes with a parking space and features high-end finishes throughout, including air conditioning, hardwood floors, European-style cabinetry, premium appliances, a gourmet range hood, and stylish quartz countertops. Residents have exclusive access to The Paramount Club, offering over 12,000 sq. ft. of resort-style amenities, including a private dining area, lounge, fitness center, sauna and steam rooms, and a sky garden. Located right next to the Canada Line, this home is just steps from Richmond Centre and a variety of international restaurants, providing the perfect blend of convenience and modern city living.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 461 sq ft
- Parking
- 0
- Year built
- 2022
- Property tax
- $1,846 / yr
- Strata fee
- $372 / mo ($0.81 / sq ft)
- Days on market
- 156
- MLS®
- R3120557
Features
- Elevator
- All
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
- $1,676/mo
- After all costs
- −$1,193/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,174 · tax $154 · strata $372 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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 William Cook Elementaryhomes in this catchment
500 m away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary A.R. MacNeill Secondaryhomes in this catchment
1.4 km away · 6611 No. 4 Rd, Richmond · 604-668-6212
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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