Condo
$389,000
31% less per sq ft202 8700 ACKROYD ROAD
Richmond85 days on market
MLS® R3146861
1 / 29
1 bed · 1 bath · 668 sq ft · 1 parking
Condo · Single Family · built 1971 · 99 days on market
Listed by James Wang, eXp Realty
Realtor's description
Welcome to this bright one-bedroom home in a solid concrete high-rise with an exceptional outlook over Minoru Park. As one of Richmond´s landmark early high-rise buildings, this property offers the strength, stability, and quiet comfort that concrete construction is known for. The spacious living area captures beautiful park views, creating a calm and open feeling right in the heart of the city. Enjoy unbeatable convenience just steps to Richmond Centre, Minoru Community Centre, the library, transit, restaurants, shopping, and everyday amenities. A rare opportunity to own a concrete home with an amazing view in one of Richmond´s most central locations.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 668 sq ft
- Parking
- 1
- Year built
- 1971
- Property tax
- $1,321 / yr
- Strata fee
- $342 / mo ($0.51 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 99
- MLS®
- R3141766
Features
- Elevator
- Wheelchair access
- Pets not Allowed
- Refrigerator
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$2,099/mo
Mortgage $1,647 · Tax $110 · Strata $342
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
- −$592/mo
- Cap rate
- 3.4%
- yearly net rent ÷ price
Costs: mortgage $1,647 · tax $110 · strata $342 · 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
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Elementary Samuel Brighouse Elementaryhomes in this catchment
600 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
500 m away · 7171 Minoru Blvd, Richmond · 604-668-6400
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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