Townhouse
$1,138,000
12 7231 NO. 2 ROAD
Richmond2 days on market
3 bd3 ba1,359 sq ft
MLS® R31724421 / 39
$1,278,000
2 7117 LINDSAY ROAD
Richmond · MLS® R3163801
3 bed · 3 bath · 1,370 sq ft · 2 parking
Townhouse · Single Family · built 2026 · 27 days on market
Listed by Rav Bains, RE/MAX Westcoast
Realtor's description
Welcome to Hyde Park, a brand new collection of 10 quality built and thoughtfully designed townhomes by WESTMARK DEVELOPMENTS in Richmond´s prestigious and desirable Granville neighborhood. These modern residences feature functional layouts with spacious and bright living areas, gourmet kitchens with gas range, premium finishes, and generous outdoor spaces. Ideal for families, each home offers 3 and 4 bedrooms floor plans, A/C, home automation, ample storage, and quality craftsmanship throughout. Enjoy a quiet residential living while being minutes from parks, top schools, shopping, and transit. A rare opportunity to own in an exclusive boutique community combining comfort, style, and convenience. Fully ready for immediate occupancy. Open House Sat/Sun, 2 to 4 PM.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,370 sq ft
- Parking
- 2
- Year built
- 2026
- Property tax
- $3,000 / yr
- Strata fee
- $481 / mo ($0.35 / sq ft)
- Days on market
- 27
- MLS®
- R3163801
Features
- Central location
- All
- Central Vacuum
Monthly cost
$6,299/mo
Mortgage $5,568 · Tax $250 · Strata $481
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
- −$4,174/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $5,568 · tax $250 · strata $481 · 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 ↗
Schools
Catchment schools, Richmond School District 38
- Elementary R M Grauer Elementaryhomes in this catchment
800 m away · 4440 Blundell Rd, Richmond · 604-668-6547
- Secondary Hugh Boyd Secondaryhomes in this catchment
2.0 km away · 9200 No. 1 Rd, Richmond · 604-668-6615
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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