Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 29
$415,000
317 8511 ACKROYD ROAD
Richmond · MLS® R3167517
2 bed · 1 bath · 892 sq ft · 1 parking
Condo · Single Family · built 1983 · 16 days on market
Listed by Joe Preswick, RE/MAX Westcoast
Realtor's description
Sell your car because you can walk everywhere from here! Heat & hot water are included! This bright & spacious top floor, two-bedroom home is in the centrally located Lexington Square. LS is a well managed complex with a proactive strata. This lovely residence features many updates including a renovated kitchen. The primary bedroom comfortably fits a king size bed. The home also offers a large balcony along with convenient in-suite storage. Ideally located within walking distance to the Skytrain as well as Lansdowne & Richmond centres. The courtyard pool is being converted into a building community garden. Ideal for a first time home buyer! Some pictures are virtually staged.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 892 sq ft
- Parking
- 1
- Year built
- 1983
- Property tax
- $1,582 / yr
- Strata fee
- $517 / mo ($0.58 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 16
- MLS®
- R3167517
Features
- Central location
- Elevator
- Golf Course Development
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
Floor plans
Found among the listing photos.
Monthly cost
$2,457/mo
Mortgage $1,808 · Tax $132 · Strata $517
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
- −$609/mo
- Cap rate
- 3.5%
- yearly net rent ÷ price
Costs: mortgage $1,808 · tax $132 · strata $517 · 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 City Centre Elementaryhomes in this catchment
- Secondary A.R. MacNeill Secondaryhomes in this catchment
1.3 km away · 6611 No. 4 Rd, Richmond · 604-668-6212
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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