Open houseCondo
$634,999
32% less per sq ft207 8740 NO. 1 ROAD
Richmond44 days on market
3 bd2 ba1,182 sq ft
MLS® R31583801 / 30
$525,000
323 10880 NO. 5 ROAD
Richmond · MLS® R3115765
1 bed · 1 bath · 717 sq ft · 2 parking
Condo · Single Family · built 2014 · 166 days on market
Listed by Hayley Yip, Grand Central Realty
Realtor's description
Experience everyday serenity at Azalea in The Gardens by Townline Homes. This bright southeast-facing 1 bed + generous den (easily a 2nd bedroom) welcomes you with natural light, a smart open layout & an immediate sense of calm. Offering 709 SF of well-designed interior living space, the modern kitchen features sleek stainless steel appliances and flows effortlessly into your living & dining areas-perfect for both quiet nights in & easy entertaining. Step outside to your 56 SF private balcony overlooking a peaceful courtyard-your own outdoor escape to unwind. This well-kept home includes 1 bath, in-suite laundry & the rare bonus of 2 secure side-by-side full-sized parking stalls. Enjoy access to a 6,000 SF clubhouse with gym, lounge, badminton court & more. Set within The Gardens, steps to a 12-acre park, trails & everyday conveniences. Minutes to Ironwood Plaza, schools & Hwy 99. A home that simply feels right. Showings by appointment only (no open house signs per strata).
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 717 sq ft
- Parking
- 2
- Year built
- 2014
- Property tax
- $1,852 / yr
- Strata fee
- $528 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 166
- MLS®
- R3115765
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,970/mo
Mortgage $2,287 · Tax $154 · Strata $528
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
- −$1,463/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $2,287 · tax $154 · strata $528 · 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
RichmondGoogle Maps ↗
Schools
Catchment schools, Richmond School District 38
- Elementary Thomas Kidd Elementaryhomes in this catchment
1000 m away · 10851 Shell Rd, Richmond · 604-668-6602
- Secondary Matthew McNair Secondaryhomes in this catchment
1.9 km away · 9500 No. 4 Rd, Richmond · 604-668-6575
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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