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 / 11
$820,000
1608 7888 SABA ROAD
Richmond · MLS® R3167223
3 bed · 2 bath · 1,048 sq ft · 1 parking
Condo · Single Family · built 2009 · 19 days on market
Listed by Daniel Yeung, Oakwyn Realty Ltd.
Realtor's description
Live in comfort and convenience in this bright, Upper North-facing 3-bedroom home in the heart of Downtown Richmond. Floor-to-ceiling windows overlook the peaceful courtyard, filling the open layout with natural light. Enjoy modern wide-plank laminate flooring, Newer paint and a stylish kitchen with granite countertops, gas stove and stainless steel appliances. There spacious bedrooms and Den add everyday ease. Just steps to SkyTrain, shops, restaurants, entertainment and daily amenities. School catchments: Brighouse Elementary and Richmond Secondary. Includes 1 secure parking spot.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,048 sq ft
- Parking
- 1
- Year built
- 2009
- Property tax
- $2,811 / yr
- Strata fee
- $774 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 19
- MLS®
- R3167223
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$4,581/mo
Mortgage $3,573 · Tax $234 · Strata $774
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
- −$2,316/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $3,573 · tax $234 · strata $774 · 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
700 m away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary Richmond Secondaryhomes in this catchment
900 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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