Condo
$535,000
115 7251 Minoru Boulevard
Richmond2 days on market
MLS® R3173832
1 / 27
3 bed · 2 bath · 1,033 sq ft · 1 parking
Condo · Single Family · built 1996 · 625 days on market
Listed by Tracy Niu, Nu Stream Realty Inc.
Realtor's description
Over 1000 sqft living space bright & large corner unit. Experience the perfect blend of comfort and convenience in the heart of Richmond. This elegant 3-bedroom and 2-bathroom Bosa-developed condo features stunning Mountian view. Open-concept and functional kitchen with maple cabinets for storage. Newly renovated floors. Exceptional amenities include a gym, hot tub, party room, guest suites, and a serene rooftop garden. Secure parking and a dedicated caretaker provide peace of mind. An ideal location, steps to restaurants, Olympic Oval, T&T, supermarks, skytrain statios and Richmond Center. Great opportunity for First-time Buyer and investors! CALL NOW for private showing, DON'T MISS THIS ONE.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,033 sq ft
- Parking
- 1
- Year built
- 1996
- Property tax
- $2,119 / yr
- Strata fee
- $647 / mo ($0.63 / sq ft)
- Strata rules
- Rentals Allowed With Restrictions
- Days on market
- 625
- MLS®
- R2959544
Features
- Elevator
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,999/mo
Mortgage $3,176 · Tax $177 · Strata $647
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
- $2,500/mo
- After all costs
- −$1,734/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $3,176 · tax $177 · strata $647 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
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