Condo
$619,900
8% less per sq ft416 23222 GILLEY ROAD
Richmond113 days on market
MLS® R3137277
1 / 40
2 bed · 1 bath · 962 sq ft · 1 parking
Condo · Single Family · built 2006 · 8 days on market
Listed by Ryan Loo, eXp Realty
Realtor's description
Discover this beautiful Waterstone Pier home featuring an open layout, high ceilings, pot lighting, and granite counters. Enjoy unobstructed Mount Baker views from the East-facing primary bedroom, balcony, and living room. Strata fees include gas, geothermal heating and cooling. Equipped with Alexa-controlled smart home technology for lighting, TV, and integrated audio with prewired speakers. The second bedroom features built-in cabinets and a sound system, doubling as a media room. Close to golf courses, the Entertainment Complex, Silver City, Watermania, Ironwood Plaza, transit, and freeway access. School catchments include Woodward Elementary and McNair Secondary. Includes 1 parking stall, 1 locker, recent flooring (2020), and a new washer (2022).
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 962 sq ft
- Parking
- 1
- Year built
- 2006
- Property tax
- $2,082 / yr
- Strata fee
- $735 / mo ($0.76 / sq ft)
- Strata rules
- Rentals Allowed With Restrictions
- Days on market
- 8
- MLS®
- R3171310
Features
- Private setting
- Elevator
- Wheelchair access
- Rentals Allowed With Restrictions
- All
- Intercom
Floor plans
Found among the listing photos.
Monthly cost
$3,086/mo
Mortgage $2,178 · Tax $174 · Strata $735
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
- −$1,239/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $2,178 · tax $174 · strata $735 · 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
RichmondGoogle Maps ↗
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