1 bed · 1 bath · 676 sq ft · 1 parking
Condo · Single Family · built 1997 · 1 day on market
Listed by Connie Pasacreta, Homelife Benchmark Realty Corp.
Realtor's description
Pelican Pointe - Steps from the Dyke! Bright 676 sq.ft. 1-bed, 1-bath condo with large kitchen, ample cupboard space and combined living/dining with gas fireplace plus covered balcony. Features in-suite laundry, 1 parking, 1 locker, Pet-Friendly! Well-maintained building boasts a gym, sauna, billiards & party room. Surrounded by manicured grounds & a park with playground, tennis & basketball courts out front of building. Walk out the back door onto the Dyke for morning strolls and sunsets. Steps to transit for a short ride to Richmond Centre, Skytrain and Shopping. Perfect Lifestyle - Perfect Location! Must be seen. Bring us your offers.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 676 sq ft
- Parking
- 1
- Year built
- 1997
- Property tax
- $1,728 / yr
- Strata fee
- $388 / mo ($0.57 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3173123
Features
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- All
Monthly cost
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
- $1,676/mo
- After all costs
- −$1,072/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $2,047 · tax $144 · strata $388 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
Schools
Catchment schools, Richmond School District 38
- Elementary Archibald Blair Elementaryhomes in this catchment
900 m away · 6551 Lynas Lane, Richmond · 604-668-6330
- Secondary J.N. Burnett Secondaryhomes in this catchment
1.1 km 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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