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$1,108,800

1507 6833 BUSWELL STREET

Richmond · MLS® R2897190

2 bed · 2 bath · 958 sq ft · 1 parking

Condo · Single Family · built 2022 · 839 days on market

Listed by Patsy Hui, RE/MAX Westcoast

PRIMA built by Robert Bosa's Quorum Group! Brand new 1-, 2-, & 3-bedroom homes in this beautifully-crafted concrete building. Terrific location, just walk over to Richmond Centre, Brighouse Skytrain Station, Minoru Park, City´s Centre For Active Living, all within minutes. Quality-finished with built-in brand name appliances in open modern kitchen. 8.5´ Ceilings. Floor-to-ceiling windows. Spacious, bright, & functional floor plans that often accommodates king-sized beds. No carpet but good-looking German 12mm wide-plank laminated wood floors & large tiles in bathrooms. Roof-top garden, large covered balconies, multi-purpose function room, equipped gym, all these plus a huge elegant entrance foyer on a very quiet residential street.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 958 sq ft
Parking: 1
Year built: 2022
Property tax: $3,538 / yr
Strata fee: $610 / mo ($0.64 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 839
MLS®: R2897190

Price per sq ft: $1,157 vs $792 median for condos in Richmond for sale (829)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed With Restrictions
All

On market 839 days

Listed now: 70 days; median for 830 condos for sale; this one 839 days

Condos in Richmond. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$5,736/mo

Mortgage $4,831 · Tax $295 · Strata $610

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$4,831/ monthly

loan $887,040

25-year amortization

down payment20% · $221,76020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $562,241
property transfer tax: $20,176; BC general rate
cash to close: $241,936; down + PTT
total paid: $1,449,281

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,046/mo
After all costs: −$3,889/mo
Cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,831 · tax $295 · strata $610 · 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

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