$899,000
206 6788 Minoru Boulevard
Richmond1 day on market
listed by Nu Stream Realty Inc.
MLS® R3178283
140 3031 Williams Road
221
1,150 sq ft · Townhouse · Single Family · built 1975 · 4 days on market
listed by Andy Khattar, Westmont Realty Inc.
realtor's description
Welcome to Edgewater Park, a HIGHLY sought-after, community-oriented neighbourhood! This FULLY RENOVATED CORNER UNIT offers approx. 1,150 sq. ft., 2 beds, 2 baths, brand-new appliances and large windows providing an abundance of natural light. Enjoy added privacy and your own enclosed backyard, perfect for relaxing, entertaining or pets. LOWEST STRATA FEES IN THE NEIGHBOURHOOD with a responsive, community-focused strata and great amenities including an outdoor pool. Steps from the Dyke for breathtaking views and peaceful walks, while conveniently close to banks, pharmacies, shopping, stores and everyday essentials. MOTIVATED SELLER-move-in ready and WON'T LAST LONG. A MUST SEE!
property details
- type
- Townhouse, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,150 sq ft
- parking
- 1
- year built
- 1975
- property tax
- $2,466 / yr
- strata fee
- $356 / mo ($0.31 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 4
- MLS®
- R3178103
features
- Central location
- Private setting
- Pets Allowed With Restrictions
- All
monthly cost
$3,742/mo
Mortgage $3,181 · Tax $206 · Strata $356
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
- $2,310/mo
- after all costs
- −$1,792/mo
- cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $3,181 · tax $206 · strata $356 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Richmond: CMHC's average there ($2,046) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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 Alfred B Dixon Elementaryhomes in this catchment
500 m away · 9331 Diamond Rd, Richmond · 604-668-6608
- Secondary Hugh Boyd Secondaryhomes in this catchment
800 m away · 9200 No. 1 Rd, Richmond · 604-668-6615
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.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
