407 14300 Riverport Way

Richmond · MLS® R3178701

all units at 14300 Riverport Way →

221

1,069 sq ft · Condo · Single Family · built 2006 · listed today

listed by Maria Menjou, RE/MAX Crest Realty

Open house · Saturday, October 31, 2pm–4pm

realtor's description

Move in today. Welcome to Waterstone pier! This spacious 2 Beds/ 2 Bathrooms & home office with mountain views features elevated 9 ft ceilings in your living room features Balcony. Engineered hard wood floors, stainless steel kitchen Aid Appliances, Fireplace, granite counter tops & geo-thermal air conditioning & heating. This waterfront Building is located minutes from Silver City Entertainment Complex, Watermania Pool/ Fitness Centre. Move in Unit. Come & See for yourself! Open House Sat 2-4 Oct 31.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,069 sq ft
parking: 1
year built: 2006
property tax: $2,216 / yr
strata fee: $826 / mo ($0.77 / sq ft)
days on market: 0
MLS®: R3178701

features

Central location
All

the market here

listed now: 75 days; median for 800 condos for sale; this one listed today

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

monthly cost

$3,708/mo

Mortgage $2,697 · Tax $185 · Strata $826

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

estimated payment

$2,697/ monthly

loan $495,200

25-year amortization

down payment20% · $123,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $313,877
property transfer tax: $10,380; BC general rate
cash to close: $134,180; down + PTT
total paid: $809,077

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,310/mo
after all costs: −$1,618/mo
cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,697 · tax $185 · strata $826 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Richmond: CMHC's average there ($2,046) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

the building's lot: 10,144 m² (109,189 sq ft) · PID 026-751-071. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

RichmondGoogle Maps ↗

good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2016 (78 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

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.

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