Condo
$659,900
506 23222 GILLEY ROAD
Richmondlisted today
MLS® R3174326
1 / 20
2 bed · 2 bath · 1,030 sq ft · 1 parking
Condo · Single Family · built 1975 · listed today
Listed by Joey Chiu, Multiple Realty Ltd.
Realtor's description
Top floor at Apple Greene Park! This over 1,000 square ft 2-Bedroom corner unit offers spacious and comfortable living areas, bright kitchen and eating area, Extra Storage Room on the balcony and In-Suite Laundry. Laminate flooring in living and dining room. Balcony, building envelope, roof, all bedroom windows and both doors access to the balcony upgraded in 2022. Excellent amenities include gym, indoor and outdoor pools, sauna room and hot tub. BONUS: 1 parking stall & 1 locker. PLUS, heat, hot water and city utilities are included in the strata fees.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,030 sq ft
- Parking
- 1
- Year built
- 1975
- Property tax
- $1,911 / yr
- Strata fee
- $565 / mo ($0.55 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3174293
Features
- Elevator
- Pets Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$2,990/mo
Mortgage $2,266 · Tax $159 · Strata $565
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
- −$1,142/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,266 · tax $159 · strata $565 · 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 R M Grauer Elementaryhomes in this catchment
500 m away · 4440 Blundell Rd, Richmond · 604-668-6547
- Secondary Hugh Boyd Secondaryhomes in this catchment
700 m away · 9200 No. 1 Rd, Richmond · 604-668-6615
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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