Open houseCondo
$634,999
32% less per sq ft207 8740 NO. 1 ROAD
Richmond44 days on market
3 bd2 ba1,182 sq ft
MLS® R31583801 / 39
$659,000
404 6900 PEARSON WAY
Richmond · MLS® R3095368
2 bed · 1 bath · 682 sq ft · 1 parking
Condo · Single Family · built 2020 · 218 days on market
Listed by Woody Chau, Royal Pacific Realty Corp.
Realtor's description
Luxury waterfront living at the prestigious River Green community in Richmond´s sought-after Olympic Oval neighbourhood. This well-designed home features an efficient layout with no wasted space, large windows, and a spacious private patio over 300 sq ft, perfect for outdoor enjoyment. The home is finished with European appliances and modern kitchen cabinetry, while heating and cooling are provided by a high-efficiency heat pump with air conditioning for year-round comfort. Residents enjoy world-class amenities including basketball and badminton courts, table tennis, karaoke room, concierge service, guest suite, and car wash station. Located just steps to the Fraser River, Olympic Oval, Supermarket, restaurants, and shopping, with easy access to Vancouver. A fantastic opportunity for homeowners or investors seeking luxury living in one of Richmond´s most desirable waterfront communities. Open House Sun March 15 2-4PM
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 682 sq ft
- Parking
- 1
- Year built
- 2020
- Property tax
- $2,178 / yr
- Strata fee
- $509 / mo ($0.75 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 218
- MLS®
- R3095368
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Intercom
Monthly cost
$3,562/mo
Mortgage $2,871 · Tax $182 · Strata $509
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
- −$1,714/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $2,871 · tax $182 · strata $509 · 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 Samuel Brighouse Elementaryhomes in this catchment
1000 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
1.6 km away · 7171 Minoru Blvd, Richmond · 604-668-6400
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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