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 / 31
$799,999
3 22788 NORTON COURT
Richmond · MLS® R3162898
4 bed · 3 bath · 1,502 sq ft · 1 parking
Townhouse · Single Family · built 2000 · 29 days on market
Listed by Jordan Lee, Real Broker
Realtor's description
Welcome to this beautifully updated 4-bedroom, 2.5-bath townhouse in the family-friendly community of Hamilton. Offering over 1,500 sq. ft. of functional living space, this move-in ready home features fresh paint, updated bathrooms, laminate flooring throughout, contemporary lighting, and a bright open-concept living and dining area with a cozy gas fireplace. The modern kitchen is equipped with stainless steel appliances and updated countertops, while the spacious balcony is perfect for morning coffee or evening relaxation. Major updates in 2026 include a new furnace, hot water tank, and roof, providing peace of mind for years to come. The full-size garage includes a versatile flex room ideal as a home office, gym, den, or fourth bedroom, with direct access to a private backyard patio. Conveniently located minutes from schools, parks, transit, Queensborough Landing, Costco, Walmart, Richmond Centre, New Westminster, and Burnaby. SUN OCT 4 from 2:00-4:00pm
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 1,502 sq ft
- Parking
- 1
- Year built
- 2000
- Property tax
- $3,044 / yr
- Strata fee
- $480 / mo ($0.32 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 29
- MLS®
- R3162898
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,219/mo
Mortgage $3,486 · Tax $254 · Strata $480
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
- −$2,094/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $3,486 · tax $254 · strata $480 · 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 Hamilton Elementaryhomes in this catchment
500 m away · 5180 Smith Dr, Richmond · 604-668-6514
- Secondary Matthew McNair Secondaryhomes in this catchment
11.0 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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