1 / 9

$880,000

18 10391 NO. 3 ROAD

Richmond · MLS® R3152829

3 bed · 3 bath · 1,495 sq ft · 1 parking

Townhouse · Single Family · built 1977 · 63 days on market

Listed by Dominic Fung, Interlink Realty

Realtor's description

Spacious sunken living room, woodburning fireplace, hardwood and tile floors, luxurious green plants in the backyard, 3 bedroom, 1 full bath, 2 half baths, 1 carport, good long term tenant with month to month tenancy, close to Steveston London secondary, Maple Lane Elementary, shopping centre and etc.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,495 sq ft
Parking: 1
Year built: 1977
Property tax: $3,086 / yr
Strata fee: $500 / mo ($0.33 / sq ft)
Days on market: 63
MLS®: R3152829

Features

Price check

Below typical for the area (-18%)

2026 assessment: $922,100 · asking is -4.6%
Price per sq ft: $589 vs $718 median for townhouses in Richmond for sale (345)

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.

Property insights

On market 63 days

The market here

Listed now: 51 days; median for 345 townhouses for sale; this one 63 days

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

Monthly cost

$4,591/mo

Mortgage $3,834 · Tax $257 · Strata $500

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

estimated payment

$3,834/ monthly

loan $704,000

25-year amortization

down payment20% · $176,00020%+ 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: $446,223
property transfer tax: $15,600; BC general rate
cash to close: $191,600; down + PTT
total paid: $1,150,223

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.

If you rented it out

Rent: $2,500/mo
After all costs: −$2,466/mo
Cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,834 · tax $257 · strata $500 · insurance ~$175 · 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 ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary William Bridge Elementaryhomes in this catchment
400 m away · 10400 Leonard Rd, Richmond · 604-668-6236
Secondary Hugh McRoberts Secondaryhomes in this catchment
700 m away · 8980 Williams Rd, Richmond · 604-668-6600

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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.