Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 15
$578,000
305 7580 MINORU BOULEVARD
Richmond · MLS® R3164348
2 bed · 2 bath · 1,030 sq ft · 1 parking
Condo · Single Family · built 1986 · 26 days on market
Listed by Victoria Liu, Dracco Pacific Realty
Realtor's description
Bright and spacious south-facing home offering over 1,000 sq.ft. in the heart of Richmond. Featuring 2 generous bedrooms and 2 full bathrooms, including an exceptionally large primary bedroom, plus brand-new flooring throughout. Abundant natural light creates a warm and inviting atmosphere. The enclosed balcony offers extra recreation space, while an additional flex/recreation area can easily function as a 3rd bedroom, home office or guest room. Open living and dining area with cozy gas fireplace. Walk to Richmond Secondary, Ferris Elementary. Minoru Park, Aquatic Centre, Library, Richmond Centre, Canada Line and transit. Ideal for family living or investment. Open house October 3 11:00 AM- 1:00PM!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,030 sq ft
- Parking
- 1
- Year built
- 1986
- Property tax
- $1,887 / yr
- Strata fee
- $519 / mo ($0.50 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 26
- MLS®
- R3164348
Features
- Pets Allowed With Restrictions
- All
Monthly cost
$3,194/mo
Mortgage $2,518 · Tax $157 · Strata $519
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
- −$1,347/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,518 · tax $157 · strata $519 · 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 W D Ferris Elementaryhomes in this catchment
600 m away · 7520 Sunnymede Cres, Richmond · 604-668-6538
- Secondary Richmond Secondaryhomes in this catchment
400 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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