Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 28
$599,900
123 4033 MAY DRIVE
Richmond · MLS® R3167655
2 bed · 2 bath · 808 sq ft · 1 parking
Condo · Single Family · built 2020 · 16 days on market
Listed by Alex Cheung, Royal Pacific Tri-Cities Realty
Realtor's description
Why rent when it is cheaper to own ?! Welcome to SPARK! One of the largest 2 bed 2 bath homes in the complex with a functional layout. This ground-floor residence is quietly tucked away on the peaceful side of the building, featuring 2 bathrooms on opposite sides, 9' ceilings, A/C, smart-home features, 1 parking and a spacious private patio - perfect for BBQ and outdoor entertaining. Enjoy quality finishes including quartz countertops, premium cabinetry, engineered hardwood flooring and prestigious Bosch appliances. Prime central Richmond location just steps to Walmart, restaurants, schools, banks, coffee shops, transit and SkyTrain, with quick access to Hwy 91 & 99. A fantastic opportunity for homeowners or investors!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 808 sq ft
- Parking
- 1
- Year built
- 2020
- Property tax
- $2,398 / yr
- Strata fee
- $563 / mo ($0.70 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 16
- MLS®
- R3167655
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,377/mo
Mortgage $2,614 · Tax $200 · Strata $563
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
- $2,046/mo
- After all costs
- −$1,529/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,614 · tax $200 · strata $563 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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 Tomsett Elementaryhomes in this catchment
200 m away · 9671 Odlin Rd, Richmond · 604-668-6448
- Secondary A.R. MacNeill Secondaryhomes in this catchment
2.2 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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