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 / 25
$499,900
226 10880 NO. 5 ROAD
Richmond · MLS® R3131613
1 bed · 1 bath · 525 sq ft · 1 parking
Condo · Single Family · built 2014 · 126 days on market
Listed by Harpreet Mann, Sutton Group-West Coast Realty (Abbotsford)
Realtor's description
Townline quality-built 1 bed, 1 bath home at The Gardens! This bright south-east facing unit overlooks the peaceful inner courtyard and features an oversized private patio - perfect for BBQs, entertaining, and outdoor gatherings. Thoughtfully designed with quality stainless steel appliances and engineered laminate flooring throughout the living and dining areas. Conveniently located just minutes from public transit, Ironwood Plaza, schools, and Riverport Sports & Entertainment Centre. A perfect blend of comfort, style, and convenience.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 525 sq ft
- Parking
- 1
- Year built
- 2014
- Property tax
- $1,606 / yr
- Strata fee
- $391 / mo ($0.75 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 126
- MLS®
- R3131613
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,703/mo
Mortgage $2,178 · Tax $134 · Strata $391
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
- −$1,196/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,178 · tax $134 · strata $391 · 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 Thomas Kidd Elementaryhomes in this catchment
1000 m away · 10851 Shell Rd, Richmond · 604-668-6602
- Secondary Matthew McNair Secondaryhomes in this catchment
1.9 km away · 9500 No. 4 Rd, Richmond · 604-668-6575
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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