Condo
$399,000
216 8400 ACKROYD ROAD
Richmond3 days on market
MLS® R3173014
1 / 9
3 bed · 1 bath · 1,057 sq ft · 1 parking
Condo · Single Family · built 1974 · 227 days on market
Listed by Fion Yung, RE/MAX Westcoast
Realtor's description
Sussex Square, the popular Leasehold complex located in a quiet neighbourhood. ?This South facing 3 bedroom top floor unit is perfect for your growing family. McKay elementary school is right next to you. Steps away from Burnett Secondary school and Thompson community centre. One parking stall is included. Maintenance fee includes heat, hot water, city utility, and property tax. Leasehold expires in 2087.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,057 sq ft
- Parking
- 1
- Year built
- 1974
- Strata fee
- $1,052 / mo ($1.00 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 227
- MLS®
- R3093011
Features
- Pets not Allowed
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$2,437/mo
Mortgage $1,385 · Strata $1,052
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,500/mo
- After all costs
- −$172/mo
- Cap rate
- 4.6%
- yearly net rent ÷ price
Costs: mortgage $1,385 · strata $1,052 · 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 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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