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 / 40
$869,000
1407 6328 NO. 3 ROAD
Richmond · MLS® R3172307
3 bed · 2 bath · 911 sq ft · 2 parking
Condo · Single Family · built 2022 · 2 days on market
Listed by Tracy Li, RE/MAX Crest Realty
Realtor's description
Stunning Southeast Corner 3-bedrm Sub-Penthouse at Paramount II in the heart of downtown Richmond. This corner unit boasts breathtaking panoramic views of the courtyard, city skyline, and North Shore mountains. Enjoy the outdoors from your expansive 336 sq.ft. wraparound balcony, perfect for relaxing or entertaining. Inside, the home features soaring 9-foot ceilings, abundant natural light, and premium finishes incl. Miele appliances, A/C, and hardwood flooring throughout. Resort-style amenities include a fully equipped gym, elegant lounge/clubhouse, guest suite, children's play area, private dining room, sauna/steam room, and an in-house theatre. Unbeatable location-just steps from Brighouse SkyTrain station, Richmond Centre, grocery stores, restaurants, banks, and more.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 911 sq ft
- Parking
- 2
- Year built
- 2022
- Property tax
- $3,334 / yr
- Strata fee
- $734 / mo ($0.81 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 2
- MLS®
- R3172307
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Oven - Built-In
Floor plans
Found among the listing photos.
Monthly cost
$4,798/mo
Mortgage $3,786 · Tax $278 · Strata $734
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
- $2,500/mo
- After all costs
- −$2,533/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,786 · tax $278 · strata $734 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
500 m away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary A.R. MacNeill Secondaryhomes in this catchment
1.4 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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