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$568,000

301 7362 ELMBRIDGE WAY

Richmond · MLS® R3093816

1 bed · 1 bath · 806 sq ft · 1 parking

Condo · Single Family · built 2008 · 223 days on market

Listed by Emmy Pang, ABC Realty

Large 1 bed and den at FLO by Onni. Super central location close to all amenities. Primary room can fit king bed! Walk in closet and cheater ensuite. Big sized den that could be second bedroom. Open concept kitchen, stainless steel appliances, high ceilings, and more! Amenities include outdoor pool and hot tub, extra large gym, rec room, playground, and podium gardens. Perfect investment to hold or move in later. 1 parking, 1 storage. Tenanted.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 806 sq ft
Parking: 1
Year built: 2008
Property tax: $2,034 / yr
Strata fee: $490 / mo ($0.61 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 223
MLS®: R3093816

Below typical for the area (-11%)

Price per sq ft: $705 vs $792 median for condos in Richmond for sale (829)

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
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

On market 223 days

Listed now: 70 days; median for 830 condos for sale; this one 223 days

Condos 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 Maps can be out of date or miss a lot line; confirm with the municipality.

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
1.2 km 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.

$3,134/mo

Mortgage $2,475 · Tax $170 · Strata $490

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

estimated payment

$2,475/ monthly

loan $454,400

25-year amortization

down payment20% · $113,60020%+ 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: $288,016
property transfer tax: $9,360; BC general rate
cash to close: $122,960; down + PTT
total paid: $742,416

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: $1,676/mo
After all costs: −$1,627/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,475 · tax $170 · strata $490 · 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

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