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$609,000

303 22577 ROYAL CRESCENT

Maple Ridge · MLS® R3110956

All units at 22577 Royal Cres →

3 bed · 2 bath · 1,350 sq ft · 1 parking

Condo · Single Family · built 2020 · 178 days on market

Listed by Rain Shan, Nu Stream Realty Inc.

Realtor's description

Welcome to this bright and spacious 3-bedroom home. Offering a total of 1,360 sq. ft. of living space, this residence features two oversized balconies that have been professionally upgraded into sunrooms, significantly increasing your usable area. The location is exceptionally convenient, within easy walking distance to a variety of shops and restaurants. some picture are virtually staged

Property details

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,350 sq ft
Parking: 1
Year built: 2020
Property tax: $3,635 / yr
Strata fee: $450 / mo ($0.33 / sq ft)
Days on market: 178
MLS®: R3110956

Features

Elevator
All
Oven - Built-In

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-20%)

2026 assessment: $634,000 · asking is -3.9%
Price per sq ft: $451 vs $567 median for condos in Maple Ridge for sale (152)

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.

Property insights

On market 178 days · no price changes so far

The market here

Listed now: 50 days; median for 160 condos for sale; this one 178 days

Condos in Maple Ridge. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$634,000	$2,876

The listing shows $3,635 a year in property tax.

Estimate: the BC Assessment value times Maple Ridge's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$3,407/mo

Mortgage $2,653 · Tax $303 · Strata $450

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

estimated payment

$2,653/ monthly

loan $487,200

25-year amortization

down payment20% · $121,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $308,806
property transfer tax: $10,180; BC general rate
cash to close: $131,980; down + PTT
total paid: $796,006

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.

If you rented it out

Rent: $2,026/mo
After all costs: −$1,578/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,653 · tax $303 · strata $450 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom in Maple Ridge (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