1204 6688 Pearson Way

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

rent

$2,960/mo

after all costs

−$10,892/mo

cap rate

-0.0%

yearly net rent ÷ price

Costs: mortgage $10,888 · tax $732 · strata $1,960 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Richmond: CMHC's average there ($2,500) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Rapid transit: Lansdowne SkyTrain station, 900 m (about 14 min walk); Richmond–Brighouse SkyTrain station, 1.2 km (about 19 min walk).

Estimated tax up 0.6% from 2025 to 2026.

The listing shows $8,786 a year in property tax.

Estimate: the BC Assessment value times Richmond's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

• Wildfire

  The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.

  Source: BC Wildfire Service, WUI risk class and fire perimeters

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 Maps can be out of date or miss a lot line; confirm with the municipality.

Rapid transit: Lansdowne SkyTrain station, 900 m (about 14 min walk); Richmond–Brighouse SkyTrain station, 1.2 km (about 19 min walk).

listed now

73 days

median for 797 condos for sale; this one 26 days

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