Condo
$868,000
305 7008 RIVER PARKWAY
Richmondlisted today
MLS® R3174222
1 / 2
2 bed · 1 bath · 789 sq ft · 1 parking
Condo · Single Family · built 2024 · 59 days on market
Listed by Samuel Cheung, Sutton Group Seafair Realty
Realtor's description
SUMMER SPECIAL PRICE!!! GREAT SELECTION OF 1, 2, 3 Bedrooms and Penthouse Units!!! Move into "ONE PARK" at Richmond Core today!!! A Master Planned Development of Excellent Central location in the heart of Richmond!!! Located across from Richmond Centre, only a few minutes walk to Brighouse Skytrain Station. All-in-one living with Restaurants, 2 Supermarkets, Medical and Dental clinics, offices and other retail within the complex at "One Park". Features with private 32,000 s.f. Sky Park connects all three towers, 7000 s.f. wellness centre with a fully outfitted gym, yoga studio, sauna and steam rooms, as well as party rooms featuring billiards and ping-pong tables, and much more...!! Measurements approximate.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 789 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $2,644 / yr
- Strata fee
- $560 / mo ($0.71 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 59
- MLS®
- R3154393
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Refrigerator
Floor plans
Found among the listing photos.
Monthly cost
$4,026/mo
Mortgage $3,245 · Tax $220 · Strata $560
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
- −$2,178/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,245 · tax $220 · strata $560 · 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 William Cook Elementaryhomes in this catchment
400 m away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary A.R. MacNeill Secondaryhomes in this catchment
1.2 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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