Condo
$599,000
15% less per sq ft824 7831 WESTMINSTER HIGHWAY
Richmondlisted today
MLS® R3174238
1 / 16
1 bed · 1 bath · 595 sq ft
Condo · Single Family · built 2020 · 63 days on market
Listed by Simon Zhu, Interlink Realty
Realtor's description
Concord Gardens South Estates by Concord Pacific ! This north-facing 1 bedroom & guest room features air-conditioning and a walk-in closet . Meticulously well kept with functional layout and no waste space. The guest room big enough to fit a single bed. The coveted Diamond Club boasts over 20 , 000sqft of indoor amenities featuring a swimming pool , fitness gym, games room , bowling alley, basketball & badminton court, and more . Central location with an abundance of nearby shops and restaurants including T&T, Aberdeen Mall, Foody World, Union Square, Yaohan Centre, Continental Shopping Center, steps to Capstan Skytrain Station.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 595 sq ft
- Parking
- 0
- Year built
- 2020
- Property tax
- $1,977 / yr
- Strata fee
- $409 / mo ($0.69 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 63
- MLS®
- R3153703
Features
- Central location
- Private setting
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$2,796/mo
Mortgage $2,222 · Tax $165 · Strata $409
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
- −$1,289/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,222 · tax $165 · strata $409 · 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 R. C. Talmey Elementaryhomes in this catchment
700 m away · 9500 Kilby Dr, Richmond · 604-668-6275
- Secondary A.R. MacNeill Secondaryhomes in this catchment
2.9 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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