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$1,563,000

2240 DOUGLAS CRESCENT

Richmond · MLS® R3130667

4 bed · 2 bath · 2,431 sq ft · 0 sq ft lot · 2 parking

House · Single Family · 129 days on market

Listed by Ally Teng, Macdonald Realty Westmar

Realtor's description

Proudly owned by the original owner and meticulously maintained throughout the years. Extensively renovated over the past decade with substantial upgrades throughout the home, including roof, insulation, and heating and cooling systems. Almost everything you see has been thoughtfully updated. The front portion operates as a licensed Airbnb with approximately 98% occupancy and excellent guest reviews on major platforms, generating attractive short-term rental income, while the rear offers a comfortable private living space. Buyers to verify all income, usage and licensing requirements.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 2,431 sq ft
Lot: 0 sq ft
Parking: 2
Property tax: $4,020 / yr
Days on market: 129
MLS®: R3130667

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-15%)

2026 assessment: $1,171,400 · asking is +33%
Price per sq ft: $643 vs $758 median for houses in Richmond for sale (586)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 129 days · no price changes so far

The market here

Listed now: 69 days; median for 587 houses for sale; this one 129 days

Houses in Richmond. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,171,400	$4,145

The listing shows $4,020 a year in property tax.

Estimate: the BC Assessment value times Richmond's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$7,145/mo

Mortgage $6,810 · Tax $335

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,810/ monthly

loan $1,250,400

25-year amortization

down payment20% · $312,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $792,552
property transfer tax: $29,260; BC general rate
cash to close: $341,860; down + PTT
total paid: $2,042,952

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 484 m² (5,210 sq ft) · PID 004-504-976. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

RichmondGoogle Maps ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Secondary Richmond Secondaryhomes in this catchment
3.2 km away · 7171 Minoru Blvd, Richmond · 604-668-6400

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.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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