Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond2 days on market
2 bd3 ba1,380 sq ft
MLS® R31724381 / 26
$988,000
24 8780 BENNETT ROAD
Richmond · MLS® R3153115
3 bed · 3 bath · 1,484 sq ft · 2 parking
Townhouse · Single Family · built 1992 · 63 days on market
Listed by Karen Zhao, RE/MAX Crest Realty
Realtor's description
Great property for a growing family! Centrally located, this bright north, south, and east-facing corner townhouse offers a rare and spacious side yard-perfect for enjoying outdoor living while in a townhouse community. Featuring a functional layout with 1,484 sq.ft., 3 bedrooms, 2.5 bathrooms, and abundant natural light throughout. Conveniently within walking distance to Richmond Centre, shopping, transit, Garden City Park, and in the desirable school catchment of General Currie Elementary and Palmer Secondary. Additional highlights include fresh paint, updated lighting, a large side-by-side double garage, upgraded flooring, bathroom vanities, and countertops over the years. Well maintained by the owner and part of a well-managed strata with low strata fees. Motivated seller-easy to show! Open House: Sep 19th Sat 2-4
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,484 sq ft
- Parking
- 2
- Year built
- 1992
- Property tax
- $3,334 / yr
- Strata fee
- $284 / mo ($0.19 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 63
- MLS®
- R3153115
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,866/mo
Mortgage $4,305 · Tax $278 · Strata $284
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
- $2,500/mo
- After all costs
- −$2,741/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $4,305 · tax $278 · strata $284 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
600 m away · 8220 General Currie Rd, Richmond · 604-668-6440
- Secondary R C Palmer Secondaryhomes in this catchment
800 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.
