Condo
$168,000
303 8080 RYAN ROAD
Richmond22 days on market
3 bd2 ba1,139 sq ft
MLS® R31659621 / 12
$220,000
306 7200 LINDSAY ROAD
Richmond · MLS® R3156488
2 bed · 1 bath · 812 sq ft · 1 parking
Condo · Single Family · built 1975 · 51 days on market
Listed by Olivia Wang, Vanhaus Gruppe Realty Inc.
Realtor's description
Top floor, bright corner unit at Sussex Square! This spacious 2-bedroom home offers an efficient open layout with generous room sizes, in-suite storage, and a private balcony. Enjoy affordable West Richmond living in a prepaid leasehold complex! Monthly maintenance fee includes property taxes, heat, hot water, city utilities, caretaker, and management. Fantastic location just steps from Burnett Secondary, Blair Elementary, Thompson Community Centre, parks, transit, and shopping. Ideal for first-time buyers and investors!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 812 sq ft
- Parking
- 1
- Year built
- 1975
- Strata fee
- $830 / mo ($1.02 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 51
- MLS®
- R3156488
Features
- Central location
- Pets not Allowed
- Refrigerator
- Dishwasher
Monthly cost
$1,788/mo
Mortgage $959 · Strata $830
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,046/mo
- After all costs
- $59/mo
- Cap rate
- 5.5%
- yearly net rent ÷ price
Costs: mortgage $959 · strata $830 · 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 Donald E McKay Elementaryhomes in this catchment
200 m away · 7360 Lombard Rd, Richmond · 604-668-6470
- Secondary J.N. Burnett Secondaryhomes in this catchment
400 m away · 5011 Granville Ave, Richmond · 604-668-6478
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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