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$599,000

129 4033 MAY DRIVE

Richmond · MLS® R3166657

2 bed · 2 bath · 831 sq ft · 2 parking

Condo · Single Family · built 2020 · 15 days on market

Listed by Angie Zhang, Nu Stream Realty Inc.

Modern 2-bed, 2-bath ground-level home with a big patio in the heart of Richmond. This home features an open-concept layout, a spacious kitchen with Bosch appliances, central air conditioning for year-round comfort a flex room with big window.Enjoy your own private patio of nearly 200 sqft., perfect for outdoor dining, gardening or relaxing. Two parking stalls add exceptional convenience. Ideally located close to Walmart, groceries, Costco, Aberdeen Centre, restaurants, shopping and SkyTrain, with easy access to everything Richmond has to offer. A great opportunity for first-time buyers, downsizers or investors looking for a modern home in a highly convenient location.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 831 sq ft
Parking: 2
Year built: 2020
Property tax: $2,533 / yr
Strata fee: $563 / mo ($0.68 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 15
MLS®: R3166657

Below typical for the area (-9.0%)

2026 assessment: $718,000 · asking is -17%
Price per sq ft: $721 vs $792 median for condos in Richmond for sale (829)
Last sold: $750,000 · Jun 17, 2023

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 15 days

Listed now: 70 days; median for 830 condos for sale; this one 15 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

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 Maps can be out of date or miss a lot line; confirm with the municipality.

$3,384/mo

Mortgage $2,610 · Tax $211 · Strata $563

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

estimated payment

$2,610/ monthly

loan $479,200

25-year amortization

down payment20% · $119,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $303,736
property transfer tax: $9,980; BC general rate
cash to close: $129,780; down + PTT
total paid: $782,936

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,046/mo
After all costs: −$1,537/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,610 · tax $211 · 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

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