
1 bed · 1 bath · 564 sq ft · 1 parking
Condo · Single Family · built 2015 · 50 days on market
Listed by Stephen Lui, Homeland Realty
Realtor's description
Welcome to MONET by Concord Pacific in Richmond's sought-after McLennan North neighbourhood! This bright 1-bedroom, 564 SF home offers an unobstructed east-facing view of lush greenery. Newly painted throughout with new bedroom carpet. Enjoy quality finishes including European appliances, quartz countertops, and soft-close cabinetry. 1 parking is included. Storage Locker to purchase. Resort-style amenities feature a fitness centre, grand entertainment lounge, putting green and private water garden/courtyard. Concierge service adds convenience. Steps to Garden City Community Park and close to Richmond Centre, SkyTrain, shopping, restaurants, library and schools. A perfect home or investment! 3D tour: https://realsee.ai/O3eeYven
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 564 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $1,756 / yr
- Strata fee
- $299 / mo ($0.53 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 50
- MLS®
- R3157679
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- 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
- −$1,112/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,174 · tax $146 · strata $299 · 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 Henry Anderson Elementaryhomes in this catchment
300 m away · 9460 Alberta Rd, Richmond · 604-668-6355
- Secondary A.R. MacNeill Secondaryhomes in this catchment
600 m 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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