Open houseCondo
$634,999
32% less per sq ft207 8740 NO. 1 ROAD
Richmond44 days on market
3 bd2 ba1,182 sq ft
MLS® R31583801 / 22
$789,000
1302 8246 LANSDOWNE ROAD
Richmond · MLS® R3164359
2 bed · 2 bath · 1,293 sq ft · 3 parking
Condo · Single Family · built 1995 · 26 days on market
Listed by Willa Wang, RE/MAX Crest Realty
Realtor's description
Rare Rooftop Penthouse at Richmond Towers! Enjoy breathtaking 270° panoramic city views from your expansive private rooftop patio, perfect for entertaining, relaxing, or BBQs. This bright and spacious south facing corner home features generously sized bedrooms, an open-concept living and dining area, and abundant natural light. Located in the heart of Richmond, just a 3-minute walk to Lansdowne Centre and the Canada Line SkyTrain, with bus service at your doorstep and Kwantlen Polytechnic University within walking distance. Includes 3 secure parking stalls, 1 storage locker, and low strata fees. An exceptional opportunity to own one of Richmond's most unique penthouse homes. Easy to show!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,293 sq ft
- Parking
- 3
- Year built
- 1995
- Property tax
- $2,842 / yr
- Strata fee
- $652 / mo ($0.50 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 26
- MLS®
- R3164359
Features
- Central location
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,327/mo
Mortgage $3,438 · Tax $237 · Strata $652
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
- −$2,480/mo
- Cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $3,438 · tax $237 · strata $652 · 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 City Centre Elementaryhomes in this catchment
- Secondary A.R. MacNeill Secondaryhomes in this catchment
1.6 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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