Open houseCondo
$549,000
33% less per sq ft311 7580 MINORU BOULEVARD
Richmond3 days on market
MLS® R3172996
1 / 31
2 bed · 2 bath · 855 sq ft · 2 parking
Condo · Single Family · built 1998 · 74 days on market
Listed by Ray Estrella, Sutton Group Seafair Realty
Realtor's description
Welcome to Nautica South: Popular building located in one of Richmond's most desirable condo communities. Large 2 bedroom and 2 full bath unit in upper floor. Unit features new bathrooms, laminate flooring, gas fireplace, bay windows and 2 balconies! Located in Steveston South, you're only steps away from restaurants, coffee shops, bakeries, child care and more! Close by historic sites such as the Britannia Shipyards and London Farms. Ideal location for active lifestyle or outdoor enjoyment: bike or run the south dyke trail, which will connect you all the way to Steveston Village, Garry Point, the West Dyke Trail and Terra Nova. Ideal location for driver or transit commuter with bus stop 1 block away, and easy access to YVR and Arthur Lang Bridge. Book your private showing today!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 855 sq ft
- Parking
- 2
- Year built
- 1998
- Property tax
- $2,255 / yr
- Strata fee
- $533 / mo ($0.62 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 74
- MLS®
- R3150214
Features
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,597/mo
Mortgage $2,876 · Tax $188 · Strata $533
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
- −$1,749/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,876 · tax $188 · strata $533 · 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
- Secondary Robert A. McMath Secondaryhomes in this catchment
1.9 km away · 4251 Garry St, Richmond · 604-718-4050
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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