
2 bed · 2 bath · 870 sq ft · 1 parking
Condo · Single Family · built 2008 · 73 days on market
Listed by Anny Yang, Latitude Realty Inc.
Realtor's description
Well Known LOTUS built by CRESSEY in Richmond. This bright and spacious SW 2br 2bth CORNER SUITE spacious open concept living spacious layout, oversized windows, good sized balcony, GEOTHERMAL Heating/AIR CONDITIONING (for all year-around comfort), stone kitchen counter tops and island, sleek S/S appliances, gas cook top, in-suite washer/dryer, ONE PARKING and ONE LOCKER. This complex also features extensive hotel-style amenities such as a spa quality indoor pool, spa, steam room, fitness center, media center, meeting room and fireside lounge. Located in the heart of Downtown Richmond, steps to the hospital, Minoru Park, Transit, Skytrain Station (Brighouse)and Richmond Shopping Centre. Open House August 15 & 16 Saturday and Sunday from 2-4pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 870 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $2,443 / yr
- Strata fee
- $590 / mo ($0.68 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 73
- MLS®
- R3150606
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
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
- −$1,817/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $2,871 · tax $204 · strata $590 · 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
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
1.1 km 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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