Land
$360,000
LOT 25 BLUNDELL ROAD
Richmond99 days on market
MLS® R3141806
1 / 10
1 bed · 1 bath · 756 sq ft · 1 parking
Condo · Single Family · built 1973 · 126 days on market
Listed by Frederick Moy, Sutton Centre Realty
Realtor's description
"Park Towers" in a prime central Richmond location. Enjoy unobstructed, beautiful city and Minoru Park views. Spacious 1-bedroom plus enclosed porch, which can be used as a 2nd bedroom if desired. Tastefully updated with extensive renovations like flooring, painting, kitchen, bathroom ,appliances and lighting plus kept in excellent condition. Functional layout with generously sized rooms throughout. No pets. Amenities include a gym, sauna, hot tub, outdoor swimming pool, and huge & clean shared laundry. Strata fee include heat, hot water, city utility and electricity. Unmatched walkability to the Canada Line SkyTrain, Richmond Centre, Minoru Park, Public Library, City Hall, Aquatic Centre, and Richmond Secondary School. Well-maintained complex in a highly convenient location. DON'T MISS.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 756 sq ft
- Parking
- 1
- Year built
- 1973
- Property tax
- $1,442 / yr
- Strata fee
- $380 / mo ($0.50 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 126
- MLS®
- R3132470
Features
- Central location
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- Refrigerator
- Dishwasher
Monthly cost
$2,147/mo
Mortgage $1,647 · Tax $120 · Strata $380
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
- −$640/mo
- Cap rate
- 3.2%
- yearly net rent ÷ price
Costs: mortgage $1,647 · tax $120 · strata $380 · 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
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Elementary Samuel Brighouse Elementaryhomes in this catchment
700 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
400 m away · 7171 Minoru Blvd, Richmond · 604-668-6400
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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