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 / 38
$599,000
219 8480 GRANVILLE AVENUE
Richmond · MLS® R3113658
2 bed · 2 bath · 890 sq ft · 1 parking
Condo · Single Family · built 2004 · 170 days on market
Listed by Ken Wong, 1NE Collective Realty Inc.
Realtor's description
Monte Carlo at the Palms by Bosa Development - solid concrete construction in a well-managed, sought-after complex. This well-maintained 2 bed, 2 bath home offers 890 sqft of bright, functional living space with a peaceful garden outlook. Tastefully updated in 2017, featuring modern finishes and a practical, open layout that´s ideal for both everyday living and entertaining. Spacious bedrooms, a comfortable living and dining area, and plenty of natural light throughout. Includes 1 parking and 1 locker. A great opportunity for both end users and investors looking for quality and long-term value. Call NOW for your private showing! Easy to show now! Motivated seller!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 890 sq ft
- Parking
- 1
- Year built
- 2004
- Property tax
- $2,277 / yr
- Strata fee
- $536 / mo ($0.60 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 170
- MLS®
- R3113658
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$3,336/mo
Mortgage $2,610 · Tax $190 · Strata $536
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
- −$1,488/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $190 · strata $536 · 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 General Currie Elementaryhomes in this catchment
500 m away · 8220 General Currie Rd, Richmond · 604-668-6440
- Secondary R C Palmer Secondaryhomes in this catchment
900 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
