Open houseCondo
$669,000
205 8428 PARK ROAD
Richmond342 days on market
MLS® R3063761
1 / 18
1 bed · 1 bath · 597 sq ft · 1 parking
Condo · Single Family · built 2020 · 8 days on market
Listed by Claire Li, LeHomes Realty Premier
Realtor's description
Welcome to SPARK in the heart of Richmond! This bright and beautifully maintained 1-bedroom home is offered by the original owner and features a rare top-floor (4th floor) position with great open views, higher ceilings, and added privacy. The highly functional layout offers no wasted space, with an open-concept design, Bosch appliances, engineered hardwood flooring, heating & A/C, and 1 parking stall. Enjoy the added benefits of being on the top floor, including a more spacious and airy feel. Conveniently located minutes from Walmart, Aberdeen Centre, SkyTrain, KPU, schools, restaurants, banks, and major transit routes. Enjoy landscaped grounds and the relaxing Sky Garden. A fantastic home for first-time buyers, professionals, or investors!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 597 sq ft
- Parking
- 1
- Year built
- 2020
- Property tax
- $917 / yr
- Strata fee
- $395 / mo ($0.66 / sq ft)
- Days on market
- 8
- MLS®
- R3171348
Floor plans
Found among the listing photos.
Monthly cost
$2,732/mo
Mortgage $2,261 · Tax $76 · Strata $395
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
- $1,676/mo
- After all costs
- −$1,225/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,261 · tax $76 · strata $395 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
200 m away · 9671 Odlin Rd, Richmond · 604-668-6448
- Secondary A.R. MacNeill Secondaryhomes in this catchment
2.2 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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