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$759,000

516 5508 HOLLYBRIDGE WAY

Richmond · MLS® R3172546

2 bed · 2 bath · 792 sq ft · 1 parking

Condo · Single Family · built 2020 · 1 day on market

Listed by Louis Yu, RE/MAX Crest Realty

RIVER PARK PLACE III by Intracorp. Quiet SOUTH Facing 2BR 2BA home features views of the courtyard garden, air conditioning, Nest Thermostat, engineered hardwood floors, open kitchen w/island, European integrated appliances & quartz countertops. Functional layout with no wasted space - two ensuite bedrooms (separate both side) and living room all facing south. Walking distance to Olympic Oval, T&T Supermarket, banks, restaurants, Canada Line & sunset stroll on the dyke. Fabulous amenities include lounges w/full kitchen, fitness center, basketball court, yoga room, mahjong room, billiard table, karaoke, recital room, media room, study room, rooftop garden, outdoor BBQ & kids play area. 1 regular size parking & 1 locker included.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 792 sq ft
Parking: 1
Year built: 2020
Property tax: $2,314 / yr
Strata fee: $582 / mo ($0.73 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 1
MLS®: R3172546

Above typical for the area (+21%)

2026 assessment: $736,000 · asking is +3.1%
Price per sq ft: $958 vs $792 median for condos in Richmond for sale (829)
Last sold: $835,000 · May 9, 2023

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed
Rentals Allowed With Restrictions
All
Oven - Built-In

On market 1 day

Listed now: 70 days; median for 830 condos for sale; this one 1 day

Condos in Richmond. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$4,081/mo

Mortgage $3,307 · Tax $193 · Strata $582

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,307/ monthly

loan $607,200

25-year amortization

down payment20% · $151,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $384,867
property transfer tax: $13,180; BC general rate
cash to close: $164,980; down + PTT
total paid: $992,067

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,046/mo
After all costs: −$2,234/mo
Cap rate: 1.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,307 · tax $193 · strata $582 · 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

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