Condo
$619,900
8% less per sq ft416 23222 GILLEY ROAD
Richmond113 days on market
MLS® R3137277
1 / 10
2 bed · 2 bath · 888 sq ft · 1 parking
Condo · Single Family · built 2011 · 197 days on market
Listed by Vicky Kwok, Regent Park Fairchild Realty Inc.
Realtor's description
Welcome to this spacious 2-bedrrom + 2 bathroom home in Cambridge Park by renowned Polygon, this open concept unit is designed for comfort, convenience, and style-perfect for professionals, growing families, or savvy investors. Imagine living step away from schools, transit, and shopping! This condo is walking distance to buses, SkyTrain, and major malls, including Lansdowne Centre and Richmond Centre. Need groceries? Walmart, trendy and diverse restaurants are just minutes away. Plus, with quick highway access, commuting to Vancouver or YVR is effortless. Open house Sunday June 7 2-4 pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 888 sq ft
- Parking
- 1
- Year built
- 2011
- Property tax
- $2,271 / yr
- Strata fee
- $432 / mo ($0.49 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 197
- MLS®
- R3104122
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- All
Monthly cost
$3,362/mo
Mortgage $2,740 · Tax $189 · Strata $432
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
- −$1,514/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $2,740 · tax $189 · strata $432 · 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 Tomsett Elementaryhomes in this catchment
300 m away · 9671 Odlin Rd, Richmond · 604-668-6448
- Secondary A.R. MacNeill Secondaryhomes in this catchment
1.9 km away · 6611 No. 4 Rd, Richmond · 604-668-6212
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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