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$1,149,000

5 8428 PARK ROAD

Richmond · MLS® R3063754

3 bed · 3 bath · 1,488 sq ft · 1 parking

Townhouse · Single Family · built 2024 · 340 days on market

Listed by Gladys Li, Macdonald Realty

Welcome home to LUXIO on the Park - Absolute value in this Brand New 3 Bedroom & flex/den townhome, 2.5 Baths 1,488 sf at - In the heart of central Richmond, situated in a quiet location conveniently at Park & Cooney. Be at the centre of premium shopping, restaurants, transit hub, Brighouse Skytrain, Richmond Centre mall, the new Sungiven grocery store, & steps to Cook elementary school. Primary bedroom is located on top floor with an approx 300 sqft deck with north facing views. Enjoy year round comfort with heat pump heating & cooling. Spacious kitchen with large island featuring a gas range and Bosch/Fisher Paykel appliance package and outdoor bbq gas hookup. Ready to move-in now! Eligible FTHB can avail the GST New Housing Rebate Program. Open House Sat Oct 3, 2-4PM Sun Oct 4, 3-5PM

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,488 sq ft
Parking: 1
Year built: 2024
Property tax: $4,768 / yr
Strata fee: $941 / mo ($0.63 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 340
MLS®: R3063754

Above typical for the area (+7.4%)

Price per sq ft: $772 vs $719 median for townhouses in Richmond for sale (346)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed With Restrictions

On market 340 days

Listed now: 50 days; median for 346 townhouses for sale; this one 340 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

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 Maps can be out of date or miss a lot line; confirm with the municipality.

$6,345/mo

Mortgage $5,006 · Tax $397 · Strata $941

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

estimated payment

$5,006/ monthly

loan $919,200

25-year amortization

down payment20% · $229,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $582,625
property transfer tax: $20,980; BC general rate
cash to close: $250,780; down + PTT
total paid: $1,501,825

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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