Condo
$599,000
15% less per sq ft824 7831 WESTMINSTER HIGHWAY
Richmondlisted today
MLS® R3174238
1 / 19
1 bed · 1 bath · 700 sq ft · 1 parking
Condo · Single Family · built 1993 · 129 days on market
Listed by Monica Wang, LeHomes Realty Premier
Realtor's description
Top-floor 1 bed, 1 bath home at Redonda in central Richmond! Bright and spacious layout with vaulted ceilings, large windows, and cozy gas fireplace (gas incl. in strata fee). Enjoy peace and privacy on your covered balcony overlooking the quiet courtyard. Functional kitchen with plenty of storage. Large primary bedroom with ensuite and generous closet space. In-suite laundry, 1 secured parking. Well-managed, pet-friendly building with rentals allowed. Walk to transit, schools, parks & shopping. Move-in ready!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 700 sq ft
- Parking
- 1
- Year built
- 1993
- Property tax
- $1,638 / yr
- Strata fee
- $335 / mo ($0.48 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 129
- MLS®
- R3130505
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,554/mo
Mortgage $2,083 · Tax $137 · Strata $335
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
- −$1,047/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,083 · tax $137 · strata $335 · 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 General Currie Elementaryhomes in this catchment
600 m away · 8220 General Currie Rd, Richmond · 604-668-6440
- Secondary R C Palmer Secondaryhomes in this catchment
400 m away · 8160 St. Albans Rd, Richmond
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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