Condo
$619,900
8% less per sq ft416 23222 GILLEY ROAD
Richmond113 days on market
MLS® R3137277
1 / 26
2 bed · 2 bath · 761 sq ft · 1 parking
Condo · Single Family · built 2014 · 50 days on market
Listed by Joyce Song, Nu Stream Realty Inc.
Realtor's description
Welcome to PARC RIVIERA, a master planned riverfront community. This 2 bedroom 2 bathroom unit has 761 square ft of living space with a large balcony with views of the Fraser River. Open and spacious living space with engineered hardwood flooring, high ceiling and oversized windows for extra natural light. A gourmet kitchen featurs quartz countertops, s/s appliances, counter bar seating. Great amenities include party room, gym, indoor pool, hot tub and outdoor BBQ area. Minutes away from Richmond city center, Sungiven Food, Costco, skytrain station and so much more. Don´t miss out!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 761 sq ft
- Parking
- 1
- Year built
- 2014
- Property tax
- $2,054 / yr
- Strata fee
- $605 / mo ($0.80 / sq ft)
- Days on market
- 50
- MLS®
- R3157756
Features
- Elevator
- All
- Dishwasher
Floor plans
Found among the listing photos.
Monthly cost
$3,347/mo
Mortgage $2,571 · Tax $171 · Strata $605
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
- −$1,500/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,571 · tax $171 · strata $605 · 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 Robert J Tait Elementaryhomes in this catchment
400 m away · 10071 Finlayson Dr, Richmond · 604-668-6444
- Secondary Cambie Secondaryhomes in this catchment
2.9 km away · 4151 Jacombs Rd, Richmond · 604-668-6430
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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