Condo
$438,800
31% less per sq ft1504 6631 MINORU BOULEVARD
Richmondlisted today
MLS® R3174343
1 / 37
1 bed · 1 bath · 641 sq ft · 1 parking
Condo · Single Family · built 1995 · 16 days on market
Listed by Evelyn Saito, Royal Pacific Realty (Kingsway) Ltd.
Realtor's description
Welcome to this beautifully renovated 1-bedroom, 1-bathroom condo offering 641 sq. ft. of bright and stylish living space in Richmond's desirable Riverdale neighbourhood. This fresh, move-in-ready home features new appliances, flooring, cabinetry and blinds. Enjoy an exceptional location directly across from Dover Park, steps from the scenic West Dyke Trail and close to the Richmond Olympic Oval, shopping, restaurants and transit. This well-maintained complex offers a large landscaped courtyard, exercise room and social room. A wonderful opportunity for first-time buyers or downsizers!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 641 sq ft
- Parking
- 1
- Year built
- 1995
- Property tax
- $1,608 / yr
- Strata fee
- $450 / mo ($0.70 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 16
- MLS®
- R3168732
Features
- Central location
- Private setting
- Treed
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$2,536/mo
Mortgage $1,952 · Tax $134 · Strata $450
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
- −$1,029/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $1,952 · tax $134 · strata $450 · 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 Archibald Blair Elementaryhomes in this catchment
900 m away · 6551 Lynas Lane, Richmond · 604-668-6330
- Secondary J.N. Burnett Secondaryhomes in this catchment
1.1 km away · 5011 Granville Ave, Richmond · 604-668-6478
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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