Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 19
$389,000
202 8700 ACKROYD ROAD
Richmond · MLS® R3146861
1 bed · 1 bath · 714 sq ft · 1 parking
Condo · Single Family · built 1982 · 84 days on market
Listed by Nic Wang, Nu Stream Realty Inc.
Realtor's description
Welcome to one of Richmond's most sought-after strata communities! Bright, east-facing 1-bedroom, 1-bath home offering a spacious 714 sq.ft. of well-designed living space. Freshly painted and move-in ready with a functional layout, generous bedroom, abundant in-suite storage, and private balcony overlooking beautiful mature trees for exceptional privacy. Quiet unit in a proactive, well-managed strata with low maintenance fees. Major upgrades include newer plumbing, roof, exterior paint (2022), elevator (2023), and windows (2024). Unbeatable location just steps to Richmond Centre, Lansdowne Mall, both SkyTrain stations, parks, restaurants, and more. Rental-friendly (no short-term rentals) and cat-friendly. A fantastic home for first-time buyers or investors.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 714 sq ft
- Parking
- 1
- Year built
- 1982
- Property tax
- $1,512 / yr
- Strata fee
- $262 / mo ($0.37 / sq ft)
- Strata rules
- Adult Oriented, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 84
- MLS®
- R3146861
Features
- Central location
- Treed
- Elevator
- Adult Oriented
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$2,083/mo
Mortgage $1,695 · Tax $126 · Strata $262
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
- $1,676/mo
- After all costs
- −$576/mo
- Cap rate
- 3.5%
- yearly net rent ÷ price
Costs: mortgage $1,695 · tax $126 · strata $262 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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 A.R. MacNeill Secondaryhomes in this catchment
1.1 km away · 6611 No. 4 Rd, Richmond · 604-668-6212
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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