Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 35
$530,000
304 9151 NO. 5 ROAD
Richmond · MLS® R3163262
3 bed · 1 bath · 1,378 sq ft · 2 parking
Condo · Single Family · built 1976 · 28 days on market
Listed by Carlo Capitulo, Oakwyn Realty Ltd.
Realtor's description
Welcome to your new home at Kingswood Terrace! This spacious 1,378 sq. ft. top-floor home offers 2 bedrooms plus a den, with plenty of room for house-sized furniture and comfortable living. The bright and expansive living area features a cozy gas fireplace and direct access to your private balcony. The updated kitchen showcases stainless steel appliances, quartz countertops, and ample cabinet space, while laminate flooring flows throughout the home. Both bedrooms are exceptionally large, and the versatile den is currently being used as a third bedroom. This home also includes 2 parking stalls and a storage locker. 2 pets allowed. Enjoy fantastic building amenities including an indoor swimming pool, hot tub, sauna, and party room.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,378 sq ft
- Parking
- 2
- Year built
- 1976
- Property tax
- $1,694 / yr
- Strata fee
- $720 / mo ($0.52 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 28
- MLS®
- R3163262
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$3,170/mo
Mortgage $2,309 · Tax $141 · Strata $720
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
- −$905/mo
- Cap rate
- 3.2%
- yearly net rent ÷ price
Costs: mortgage $2,309 · tax $141 · strata $720 · insurance ~$35 · 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 Kingswood Elementaryhomes in this catchment
200 m away · 11511 King Rd, Richmond · 604-668-6280
- Secondary Matthew McNair Secondaryhomes in this catchment
1.6 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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