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 / 18
$860,000
20 10940 SPRINGMONT DRIVE
Richmond · MLS® R3080799
3 bed · 2 bath · 1,430 sq ft · 2 parking
Townhouse · Single Family · built 1973 · 261 days on market
Listed by Winnie Cheung, Royal Pacific Realty (Kingsway) Ltd.
Realtor's description
Rare opportunity for this 3 bdrm end unit townhouse for sale! It is situated at the heart of Steveston. Exterior of the complex has recently updated. Very functional layout with no wasted space. Master bdrm is huge included a private balcony for gardening. 2 large bdrm for a growing family/work from home office, large living room. Lots of natural sunlight. Rear of the complex provide lots of privacy. Few minutes walk to West Dyke, Steveston Village, awesome school catchment, convenient neighborhood and more!
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,430 sq ft
- Parking
- 2
- Year built
- 1973
- Property tax
- $2,869 / yr
- Strata fee
- $350 / mo ($0.24 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 261
- MLS®
- R3080799
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$4,336/mo
Mortgage $3,747 · Tax $239 · Strata $350
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
- −$2,211/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $3,747 · tax $239 · strata $350 · 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 Manoah Steves Elementaryhomes in this catchment
400 m away · 10111 Fourth Ave, Richmond · 604-668-6660
- Secondary Hugh Boyd Secondaryhomes in this catchment
1.2 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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