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$1,089,000

28 10233 RIVER DRIVE

Richmond · MLS® R3157621

3 bed · 3 bath · 1,335 sq ft · 2 parking

Townhouse · Single Family · built 2020 · 48 days on market

Listed by Patsy Hui, RE/MAX Westcoast

Convenient North Richmond´s "Parc Riviera Mews" by renowned Dava Developments. 1,335sf, 3-bedroom, 2.5 baths, luxury townhome with spacious side-by-side double garage. 9´ ceilings & wide plank, engineered hardwood on main. Large windows provide lots of natural light. Gourmet open kitch'n features large island, quartz countertops, and Blomberg & Fisher Paykel appliances incl. gas range. 100sf, sunny SE-facing patio at front entrance w/park-like setting. Tons of storage. Stay comfortable year-round w/geothermal heating & cooling. 6-min walk to Tait Waterfront Park. Clubhouse features indoor pool, large party room, & fully-equipped gym. Lovingly cared for w/2-5-10 Warranty remaining. Unit freshly painted & shows like new. Ready to move in. Pets (<20lb) welcomed & rental friendly (3-mths min).

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,335 sq ft
Parking: 2
Year built: 2020
Property tax: $3,899 / yr
Strata fee: $528 / mo ($0.40 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 48
MLS®: R3157621

Above typical for the area (+13%)

Price per sq ft: $816 vs $719 median for townhouses in Richmond for sale (346)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 48 days

Listed now: 50 days; median for 346 townhouses for sale; this one 48 days

Townhouses in Richmond. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$5,597/mo

Mortgage $4,745 · Tax $325 · Strata $528

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$4,745/ monthly

loan $871,200

25-year amortization

down payment20% · $217,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $552,201
property transfer tax: $19,780; BC general rate
cash to close: $237,580; down + PTT
total paid: $1,423,401

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,500/mo
After all costs: −$3,472/mo
Cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,745 · tax $325 · strata $528 · 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

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