Condo
$978,000
14% less per sq ft211 12911 RAILWAY AVENUE
Richmond84 days on market
2 bd2 ba1,438 sq ft
MLS® R31453441 / 40
$899,900
1401 8611 HAZELBRIDGE WAY
Richmond · MLS® R3172657
2 bed · 2 bath · 822 sq ft · 2 parking
Condo · Single Family · built 2025 · 2 days on market
Listed by Hasan Juma, Oakwyn Realty Ltd.
Realtor's description
PENTHOUSE Living at PICASSO by Concord Pacific! This 2 bed top floor corner-unit boasts MOUNTAIN, city, & WATER views from 2 outdoor terraces, and offers an efficient, functional layout in Richmond´s most convenient location. Featuring a modern kitchen with integrated Bosch appliances, gas cooktop, built-in custom cabinetry, air conditioning, & plenty of storage. Enjoy 5-STAR amenities including concierge, an indoor pool, hot tub, sauna/steam room, fitness centre, putting green, study lounge and more. Just steps from SkyTrain, shopping, restaurants, supermarkets, amenities, Yaohan Centre - and minutes from YVR Airport, Vancouver, & major transportation routes. Includes 2 EV-ready tandem parking & storage locker. Book your private showing today! Some photos have been digitally staged.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 822 sq ft
- Parking
- 2
- Year built
- 2025
- Property tax
- $2,432 / yr
- Strata fee
- $616 / mo ($0.75 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 2
- MLS®
- R3172657
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,739/mo
Mortgage $3,921 · Tax $203 · Strata $616
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
- −$2,892/mo
- Cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $3,921 · tax $203 · strata $616 · 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 R. C. Talmey Elementaryhomes in this catchment
900 m away · 9500 Kilby Dr, Richmond · 604-668-6275
- Secondary A.R. MacNeill Secondaryhomes in this catchment
2.9 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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