Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond2 days on market
2 bd3 ba1,380 sq ft
MLS® R31724381 / 21
$699,000
301 7333 MURDOCH AVENUE
Richmond · MLS® R3164214
2 bed · 2 bath · 923 sq ft · 1 parking
Condo · Single Family · built 2016 · 27 days on market
Listed by Ethan Kuo, Unilife Realty Inc.
Realtor's description
Famous developer "Park Residences at Minoru", phases converge, seamlessly connecting with Minoru Park to create a Unified, park-integrated greenbelt community. Steps to Richmond Centre, Hospital, Community Centre, Public Library, Aquatic & Arena. Spacious 2 Bed+2 Bath+1 DEN bonus., HEAT PUMP, A/C, GAS Range. Rare 9' high ceiling, functional layout. Light color scheme with high gleaming white quartz countertops, engineered hardwood floors throughout the living area & kitchen with neutral carpets in bedrooms. Quality kitchen appliances include panelled integrated fridge, dual drawer dishwasher. Best location in Richmond! the best School of Richmond High Secondary (only IB program in Richmond). Open on Sep.26/27 Sat.Sun 2-4pm. Offer will be present by owner on MON Sep/28 4pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 923 sq ft
- Parking
- 1
- Year built
- 2016
- Property tax
- $2,628 / yr
- Strata fee
- $623 / mo ($0.68 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 27
- MLS®
- R3164214
Features
- Central location
- Elevator
- Pets Allowed
- All
Monthly cost
$3,888/mo
Mortgage $3,045 · Tax $219 · Strata $623
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
- −$2,040/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,045 · tax $219 · strata $623 · 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 Samuel Brighouse Elementaryhomes in this catchment
700 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
700 m away · 7171 Minoru Blvd, Richmond · 604-668-6400
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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