2 bed · 1 bath · 868 sq ft · 1 parking
Condo · Single Family · built 1978 · 106 days on market
Listed by Jess Baxter, RE/MAX Westcoast
Open house · Saturday, October 10, 10am–12pm
Realtor's description
Open House Sat, Sept 19 - 10AM - 12PM. Exceptional value in a concrete building! Bright & private 2-bed, 1-bath in Masters Green. This west-exposed unit offers a private outlook. The home is meticulously maintained & renovated by one owner. Features black slate floors, Berber carpet, updated kitchen with stone backsplash, butcher block & built-in pantry. Subway tile bath with porcelain fixtures. Primary bed has walk-in with custom shelving; 2nd bed with built-in cabinet. Pro lighting & extra outlets throughout. 1 parking stall and generous storage locker included; extra parking only $20/mnth. Top-tier amenities: outdoor pool, saunas, billiards & clubhouse. Steps to West Richmond Dyke trails, parks & schools.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 868 sq ft
- Parking
- 1
- Year built
- 1978
- Property tax
- $1,106 / yr
- Strata fee
- $530 / mo ($0.61 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 106
- MLS®
- R3139982
Features
- Private setting
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- Refrigerator
- Dishwasher
Monthly cost
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
- −$736/mo
- Cap rate
- 3.3%
- yearly net rent ÷ price
Costs: mortgage $1,961 · tax $92 · strata $530 · 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
Schools
Catchment schools, Richmond School District 38
- Elementary John G Diefenbaker Elementaryhomes in this catchment
1.0 km away · 4511 Hermitage Dr, Richmond · 604-668-6639
- Secondary Hugh Boyd Secondaryhomes in this catchment
700 m 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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