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 / 32
$515,369
208 10631 NO. 3 ROAD
Richmond · MLS® R3148887
2 bed · 2 bath · 985 sq ft · 1 parking
Condo · Single Family · built 1974 · 77 days on market
Listed by Chris Stylianou, Macdonald Realty Westmar
Realtor's description
Welcome to this fully renovated 2 bed 1.5 bath 985 sq. ft. gem! This home is a showstopper with stainless steel appliances, crown molding, laminate flooring, renovated bathrooms, upgraded lighting, and chic ship-lap feature walls. Enjoy a large south facing balcony with 2 storage rooms, in-suite laundry, and a secured parking stall with option to rent a second stall. Complex has a fantastic lounge/party room, and dedicated boat/RV storage with community gardens available for rent. Steps to Broadmoor Shopping Center, schools, transit, and Steveston Hwy Bike Trail. This is the perfect place to call home! Some photos are virtually staged.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 985 sq ft
- Parking
- 1
- Year built
- 1974
- Property tax
- $1,637 / yr
- Strata fee
- $572 / mo ($0.58 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 77
- MLS®
- R3148887
Features
- Elevator
- Pets not Allowed
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,954/mo
Mortgage $2,245 · Tax $136 · Strata $572
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
- −$1,106/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,245 · tax $136 · strata $572 · 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 ↗
Schools
Catchment schools, Richmond School District 38
- Elementary William Bridge Elementaryhomes in this catchment
400 m away · 10400 Leonard Rd, Richmond · 604-668-6236
- Secondary Hugh McRoberts Secondaryhomes in this catchment
900 m away · 8980 Williams Rd, Richmond · 604-668-6600
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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