Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmond1 day on market
MLS® R3173550
1 / 31
1 bed · 1 bath · 807 sq ft · 1 parking
Condo · Single Family · built 1971 · 122 days on market
Listed by Tracy Chan, Multiple Realty Ltd.
Realtor's description
Beautifully fully renovated and move-in ready home in the heart of Richmond. This spacious high-floor residence features a modern design with quality finishes throughout, offering a bright and contemporary living space.Enjoy expansive city views from the large private balcony, perfect for relaxing or entertaining. Unbeatable central location directly across from Richmond Centre, with shopping, dining, transit, and amenities just steps away. A rare opportunity to own a stylish turnkey home in one of Richmond's most convenient and sought-after locations. Some listing photos are virtually staged for illustrative purposes.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 807 sq ft
- Parking
- 1
- Year built
- 1971
- Property tax
- $1,562 / yr
- Strata fee
- $439 / mo ($0.54 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 122
- MLS®
- R3133769
Features
- Central location
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- All
- Refrigerator
Monthly cost
$2,695/mo
Mortgage $2,126 · Tax $130 · Strata $439
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
- −$1,188/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $2,126 · tax $130 · strata $439 · 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
600 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
500 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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