Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond2 days on market
2 bd3 ba1,380 sq ft
MLS® R31724381 / 34
$1,188,000
506 6611 PEARSON WAY
Richmond · MLS® R3163111
2 bed · 2 bath · 1,235 sq ft · 1 parking
Condo · Single Family · built 2018 · 29 days on market
Listed by Karen Zhao, RE/MAX Crest Realty
Realtor's description
Experience ultimate luxury at RIVER GREEN 2 by ASPAC, Richmond's premier waterfront community! This Like-NEW stunning 2BR+Den corner unit offers a huge 1,235 sqft interior, Upgraded flooring throughout-No Carpet,exudes elegance with a grand stone-tiled foyer, airy 9' ceilings, & central A/C. Enjoy a gourmet cooking & entertaining experience, plus a large private balcony with serene garden & city views. Live like you are in a 5-star resort with premium full-service amenities: 24-hr concierge, indoor pool, hot tub, sauna/steam room, gym, resident lounge, & private shuttle to Richmond Centre/Skytrain. Unbeatable location steps from Olympic Oval, restaurants, waterfront parks, & the scenic dyke trail. A rare opportunity for prestigious turn-key living. Don't miss -call for your private showing today!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,235 sq ft
- Parking
- 1
- Year built
- 2018
- Property tax
- $4,391 / yr
- Strata fee
- $1,154 / mo ($0.93 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 29
- MLS®
- R3163111
Features
- Central location
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$6,696/mo
Mortgage $5,176 · Tax $366 · Strata $1,154
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
- $2,046/mo
- After all costs
- −$4,848/mo
- Cap rate
- 0.3%
- yearly net rent ÷ price
Costs: mortgage $5,176 · tax $366 · strata $1,154 · 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 Samuel Brighouse Elementaryhomes in this catchment
1.0 km away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
1.7 km away · 7171 Minoru Blvd, Richmond · 604-668-6400
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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