Open houseCondo
$549,000
33% less per sq ft311 7580 MINORU BOULEVARD
Richmond3 days on market
MLS® R3172996
1 / 11
2 bed · 2 bath · 945 sq ft · 1 parking
Condo · Single Family · built 1997 · 112 days on market
Listed by Johnny Catroppa, Stonehaus Realty Corp.
Realtor's description
Bright and efficient 3 bed, 2 bath home in the heart of Richmond´s Brighouse neighbourhood. This 945 sq. ft. residence offers a functional open layout with great natural light and well-sized bedrooms, ideal for families, professionals, or investors. Located in a highly walkable, central area just steps to Richmond Centre, restaurants, cafes, and everyday conveniences. Enjoy unbeatable transit access with the Canada Line SkyTrain and major bus routes nearby, connecting you quickly to Vancouver, YVR, and beyond. A prime opportunity to own in one of Richmond´s most convenient and high-demand urban communities.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 945 sq ft
- Parking
- 1
- Year built
- 1997
- Property tax
- $2,133 / yr
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 112
- MLS®
- R3138046
Features
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,988/mo
Mortgage $2,810 · Tax $178
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
If you rented it out
- Rent
- $2,046/mo
- After all costs
- −$1,141/mo
- Cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $2,810 · tax $178 · 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 William Cook Elementaryhomes in this catchment
300 m away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary A.R. MacNeill Secondaryhomes in this catchment
1.1 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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