Condo
$599,999
12% less per sq ft107 23200 GILLEY ROAD
Richmondlisted today
MLS® R3173697
1 / 37
2 bed · 2 bath · 859 sq ft · 2 parking
Condo · Single Family · built 2026 · listed today
Listed by Sean Lawson, RE/MAX Westcoast
Realtor's description
Richmond's Best Priced New Homes! This fourth floor, north-facing 2 Bed + Den enjoys 859SF with geo heating and cooling plus a private patio with North Shore Mountain views. Located in the East Building, this home enjoys access to an amenity room and a fully furnished gym, plus two children´s play areas. This move-in ready home offers unbeatable convenience at its doorstep including a grocery store, daycare, cafe, dining options, personal services, dentist, doctor, pharmacy, optometrist, chiro/physio/massage, Hamilton Elementary School and Community Centre. All homes are PTT exempt plus GST exempt for First-Time Home Buyers. Own for what you currently pay in rent- stop waiting, start building equity! Showhome open Saturdays & Sundays from 2-4pm. (closed oct 11th).
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 859 sq ft
- Parking
- 2
- Year built
- 2026
- Strata fee
- $442 / mo ($0.51 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3174328
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Oven - Built-In
Monthly cost
$3,056/mo
Mortgage $2,614 · Strata $442
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,046/mo
- After all costs
- −$1,208/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $2,614 · strata $442 · 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 Hamilton Elementaryhomes in this catchment
100 m away · 5180 Smith Dr, Richmond · 604-668-6514
- Secondary Matthew McNair Secondaryhomes in this catchment
11.4 km away · 9500 No. 4 Rd, Richmond · 604-668-6575
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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