Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 27
$499,999
509 10011 RIVER DRIVE
Richmond · MLS® R3160165
2 bed · 1 bath · 677 sq ft · 1 parking
Condo · Single Family · built 2015 · 37 days on market
Listed by Willa Wang, RE/MAX Crest Realty
Realtor's description
Welcome to this bright and functional 2 Bedroom + 1 Bath Penthouse home in the popular Parc Riviera complex, shows like new with beautiful river & mountain view. Located in the convenient Bridgeport neighbourhood. This 677f residence features a well-laid-out floor plan with generous FOUR pane windows allowing for solid sound proofing & plenty of natural light. The modern kitchen offers stainless steel appliances and ample counter space. Both bedrooms are of good size, making this unit ideal for first-time buyers, young professionals, or investors. Steps to SkyTrain Station, easy access to Highway 91/99.A great opportunity to own in a well-maintained, resort-style riverside community!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 677 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $1,865 / yr
- Strata fee
- $600 / mo ($0.89 / sq ft)
- Strata rules
- Pets Allowed, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 37
- MLS®
- R3160165
Features
- Elevator
- Pets Allowed
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$2,934/mo
Mortgage $2,178 · Tax $155 · Strata $600
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
- −$1,086/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,178 · tax $155 · strata $600 · 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 Robert J Tait Elementaryhomes in this catchment
300 m away · 10071 Finlayson Dr, Richmond · 604-668-6444
- Secondary Cambie Secondaryhomes in this catchment
2.9 km away · 4151 Jacombs Rd, Richmond · 604-668-6430
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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