Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond2 days on market
2 bd3 ba1,380 sq ft
MLS® R31724381 / 27
$1,230,000
35 8051 ASH STREET
Richmond · MLS® R3153810
3 bed · 3 bath · 2,096 sq ft · 2 parking
Townhouse · Single Family · built 1991 · 61 days on market
Listed by Vincent Lim, RE/MAX Crest Realty
Realtor's description
Spacious 3 bed + den, 3 bath townhome in Richmond's central Garden City neighbourhood. This bright two-level home offers nearly 1,920 square ft of interior living, with a vaulted main floor featuring an open living and dining area, a generous kitchen with eating area, a main-floor primary bedroom with ensuite, and a private patio. Upstairs you'll find two more large bedrooms, a flexible den, and a full bath. Complete with an attached double garage and ample storage. Unbeatable central location, just minutes to Richmond Centre, the Canada Line, shops, restaurants, parks and top-rated schools. A rare opportunity to own a large family townhome in one of Richmond's most connected and convenient community.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,096 sq ft
- Parking
- 2
- Year built
- 1991
- Property tax
- $4,190 / yr
- Strata fee
- $590 / mo ($0.28 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 61
- MLS®
- R3153810
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$6,298/mo
Mortgage $5,359 · Tax $349 · Strata $590
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
- $2,500/mo
- After all costs
- −$4,173/mo
- Cap rate
- 1.2%
- yearly net rent ÷ price
Costs: mortgage $5,359 · tax $349 · strata $590 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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 Howard De Beck Elementaryhomes in this catchment
500 m away · 8600 Ash St, Richmond · 604-668-6281
- Secondary R C Palmer Secondaryhomes in this catchment
600 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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