Condo
$149,000
203 7280 LINDSAY ROAD
Richmondlisted today
MLS® R3174227
1 / 18
2 bed · 1 bath · 834 sq ft · 1 parking
Condo · Single Family · built 1974 · 156 days on market
Listed by Carolyn Chen, Latitude Realty Inc.
Realtor's description
Welcome to Sussex Square, nestled in the heart of Granville, one of West Richmond´s most desirable communities. This charming 2nd floor unit features two generously sized bedrooms and a versatile storage room, offering ample space for comfortable living. Laminate flooring, complemented by partly remodeled kitchen and bathroom. The complex has also undergone significant upgrades, including a new roof, updated building envelope with new windows and sliding doors, as well as modernized plumbing and balconies. Rentals are permitted, though pets are not allowed. The maintenance fee includes heat, water, hot water, property tax, and city utilities, making this an excellent opportunity for both homeowners and investors.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 834 sq ft
- Parking
- 1
- Year built
- 1974
- Strata fee
- $830 / mo ($1.00 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 156
- MLS®
- R3120325
Features
- Central location
- Pets not Allowed
- Refrigerator
- Stove
- Oven - Built-In
Floor plans
Found among the listing photos.
Monthly cost
$1,693/mo
Mortgage $863 · Strata $830
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,046/mo
- After all costs
- $155/mo
- Cap rate
- 6.2%
- yearly net rent ÷ price
Costs: mortgage $863 · strata $830 · 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 Donald E McKay Elementaryhomes in this catchment
200 m away · 7360 Lombard Rd, Richmond · 604-668-6470
- Secondary J.N. Burnett Secondaryhomes in this catchment
400 m away · 5011 Granville Ave, Richmond · 604-668-6478
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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