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$498,000

327 10880 NO. 5 ROAD

Richmond · MLS® R3173550

1 bed · 1 bath · 672 sq ft · 1 parking

Condo · Single Family · built 2014 · listed today

Listed by Luis Gan, Dracco Pacific Realty

Located in the sought-after Azalea at The Gardens, this well-appointed 672sf condo SW corner unit offers comfortable single-level living with a functional layout. Features incl. A/C, in-suite laundry, fridge, stove, dishwasher, freezer, garage door opener, security system, smoke alarm & fire sprinklers. It has a secured 1 parking stall. Residents have access to excellent amenities incl. clubhouse, exercise centre, recreation centre, garden, & bike room. Conveniently situated near public/rapid transit & shopping nearby. School catchment: Kidd Elementary & McNair Secondary. This home offers a great opportunity for first-time buyers, downsizers or investors.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 672 sq ft
Parking: 1
Year built: 2014
Property tax: $1,843 / yr
Strata fee: $495 / mo ($0.74 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 0
MLS®: R3173550

Typical for the area (-6.6%)

2026 assessment: $548,000 · asking is -9.1%
Price per sq ft: $741 vs $794 median for condos in Richmond for sale (827)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Wheelchair access
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 0 days

Listed now: 70 days; median for 828 condos for sale; this one listed today

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

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 Maps can be out of date or miss a lot line; confirm with the municipality.

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.

$2,819/mo

Mortgage $2,170 · Tax $154 · Strata $495

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,170/ monthly

loan $398,400

25-year amortization

down payment20% · $99,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $252,521
property transfer tax: $7,960; BC general rate
cash to close: $107,560; down + PTT
total paid: $650,921

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,676/mo
After all costs: −$1,312/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,170 · tax $154 · strata $495 · 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

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