Condo
$499,900
31% less per sq ft216 7531 MINORU BOULEVARD
Richmond1 day on market
MLS® R3173955
1 / 28
1 bed · 1 bath · 716 sq ft · 1 parking
Condo · Single Family · built 1991 · 1 day on market
Listed by Patti Martin, RE/MAX Westcoast
Open house · Saturday, October 10, 2pm–4pm
Realtor's description
CATALINA-the perfect 1 bedroom unit in a popular complex! No wasted space in this CLEAN, CUTE & COZY unit. Open concept living/dining area featuring a gas fireplace, opening onto the sunny south facing balcony. Updated kitchen featuring stainless appliances and tile floors. Spacious bedroom has a walk-in closet and room for a king bed. Ensuite bathroom with walk in shower. Stacking in-suite washer dryer, 1 parking and 1 locker. All within walking distance to Garden City Shopping Centre and easy access to transit. OPEN HOUSE: Saturday, October 10th, 2-4pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 716 sq ft
- Parking
- 1
- Year built
- 1991
- Property tax
- $1,535 / yr
- Strata fee
- $425 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3173970
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,295/mo
Mortgage $1,742 · Tax $128 · Strata $425
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
- −$788/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $1,742 · tax $128 · strata $425 · 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 General Currie Elementaryhomes in this catchment
300 m away · 8220 General Currie Rd, Richmond · 604-668-6440
- Secondary R C Palmer Secondaryhomes in this catchment
400 m away · 8160 St. Albans Rd, Richmond
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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