Land
$360,000
LOT 25 BLUNDELL ROAD
Richmond99 days on market
MLS® R3141806
1 / 16
1 bed · 1 bath · 528 sq ft · 1 parking
Condo · Single Family · built 1977 · listed today
Listed by Patsy Hui, RE/MAX Westcoast
Realtor's description
Affordable, bright & well-maintained 528 sf 1-bdrm apartment featuring a spacious, functional floor plan with no wasted space! Excellent tenant paying $1,600/month until Feb 28, 2027, who would love to stay. Earlier completion/possession may be negotiated. Enjoy an open view from the west-facing 44 sf balcony. Updates include a white 4-pc bathroom (2021), Euro-style kitchen with a 25 sf (3' wide) pantry/storage area, hot water tank (2023), light-coloured wide-plank laminate flooring, newer light fixtures & faucets. IN-SUITE LAUNDRY! One underground covered parking stall. Perfect for first-time buyers, retirees or investors! Conveniently located near public transit, parks, schools (Grauer Elementary & Hugh Boyd Secondary) and shopping at Seafair & Blundell Centres.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 528 sq ft
- Parking
- 1
- Year built
- 1977
- Property tax
- $1,275 / yr
- Strata fee
- $300 / mo ($0.57 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3174180
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Refrigerator
- Stove
- Washer & Dryer
Monthly cost
$1,748/mo
Mortgage $1,342 · Tax $106 · Strata $300
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
- −$241/mo
- Cap rate
- 4.3%
- yearly net rent ÷ price
Costs: mortgage $1,342 · tax $106 · strata $300 · 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 R M Grauer Elementaryhomes in this catchment
300 m away · 4440 Blundell Rd, Richmond · 604-668-6547
- Secondary Hugh Boyd Secondaryhomes in this catchment
1.2 km away · 9200 No. 1 Rd, Richmond · 604-668-6615
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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