317 9373 Hemlock Drive

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

rent

$1,920/mo

after all costs

−$1,040/mo

cap rate

2.8%

yearly net rent ÷ price

Costs: mortgage $2,196 · tax $163 · strata $412 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Richmond: CMHC's average there ($1,676) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Rapid transit: Richmond–Brighouse SkyTrain station, 1.2 km (about 18 min walk); Lansdowne SkyTrain station, 1.4 km (about 22 min walk).

Estimated tax up 4.1% from 2025 to 2026.

The listing shows $1,951 a year in property tax.

Estimate: the BC Assessment value times Richmond's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

the building's lot: 13,349 m² (143,687 sq ft) · PID 027-786-200. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Rapid transit: Richmond–Brighouse SkyTrain station, 1.2 km (about 18 min walk); Lansdowne SkyTrain station, 1.4 km (about 22 min walk).

• Wildfire

  The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.

  Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

listed now

73 days

median for 780 condos for sale; this one 9 days

Condos in Richmond. Sale prices register 1 to 3 months after a sale closes.