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 / 8
$788,000
1306 7788 ACKROYD ROAD
Richmond · MLS® R3145867
2 bed · 2 bath · 896 sq ft · 2 parking
Condo · Single Family · built 2015 · 86 days on market
Listed by Alfred Lam, LeHomes Realty Premier
Realtor's description
This bright corner unit features 2 bedrooms, 2 bathrooms, 2 parking stalls, and air conditioning. Offering 896 sqft of thoughtfully designed living space, it showcases laminate wood flooring throughout the living room and bedrooms. The open-concept layout includes a spacious living and dining area, complemented by a gourmet kitchen with quartz countertops and stainless steel appliances-perfect for both everyday living and entertaining. Residents enjoy access to exceptional amenities, including a clubhouse, party rooms, rooftop garden, indoor swimming pool, sauna, hot tub, and fully equipped fitness centre. Ideally located within walking distance of Richmond Centre, Lansdowne Centre, and Community Centre, the Canada Line SkyTrain, and a wide selection of restaurants & shop.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 896 sq ft
- Parking
- 2
- Year built
- 2015
- Property tax
- $2,775 / yr
- Strata fee
- $567 / mo ($0.63 / sq ft)
- Days on market
- 86
- MLS®
- R3145867
Features
- Central location
- Elevator
- All
Monthly cost
$4,232/mo
Mortgage $3,433 · Tax $231 · Strata $567
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
- −$2,384/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $3,433 · tax $231 · strata $567 · 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
1.1 km away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary Richmond Secondaryhomes in this catchment
1.2 km 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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