Condo
$619,900
8% less per sq ft416 23222 GILLEY ROAD
Richmond113 days on market
MLS® R3137277
1 / 23
2 bed · 2 bath · 853 sq ft · 1 parking
Condo · Single Family · built 2011 · 71 days on market
Listed by Vivian Hao, RE/MAX Crest Realty
Realtor's description
Welcome to the Cambridge Garden by Polygon, located at the West Cambie area. Enjoy a convenient living, with shopping, restaurants, schools and transit all with in walking distance. 2 beds and 2 baths, nicely designed functional layout. Open concept kitchen, with stainless steel appliances, granite counter tops. Updated flooring with hardwood floor. 5 pieces in master ensuite bathroom, and two closets in Master bedroom. Very well maintained condition, including 1 parking. Prime location, close to Walmart, Lansdowne Center and public transit.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 853 sq ft
- Parking
- 1
- Year built
- 2011
- Property tax
- $2,232 / yr
- Strata fee
- $421 / mo ($0.49 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 71
- MLS®
- R3151341
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,330/mo
Mortgage $2,723 · Tax $186 · Strata $421
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
- −$1,483/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,723 · tax $186 · strata $421 · 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
- Elementary Tomsett Elementaryhomes in this catchment
300 m away · 9671 Odlin Rd, Richmond · 604-668-6448
- Secondary A.R. MacNeill Secondaryhomes in this catchment
1.9 km away · 6611 No. 4 Rd, Richmond · 604-668-6212
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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