Condo
$699,900
503 23222 GILLEY ROAD
Richmond105 days on market
MLS® R3140400
1 / 32
2 bed · 1 bath · 681 sq ft · 1 parking
Condo · Single Family · built 2023 · 37 days on market
Listed by Leonard Zheng, Coldwell Banker Prestige Realty
Realtor's description
Welcome to "Fiorella" by Polygon. Rarely available 2 bedroom 1 bathroom unit located in the center of Richmond between Aberdeen and future Capstan Way Skytrain stations. This bright and functional layout unit features air conditioning, designer cabinetry & vanities, S/S appliances & laminate flooring. Amenities includes fitness centre, full gymnasium, ballet room and rooftop garden and clubhouse. Conveniently located at Capstan Village with steps away from groceries, restaurants, and much more.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 681 sq ft
- Parking
- 1
- Year built
- 2023
- Property tax
- $2,149 / yr
- Strata fee
- $496 / mo ($0.73 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 37
- MLS®
- R3161059
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$3,673/mo
Mortgage $2,998 · Tax $179 · Strata $496
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
- −$1,825/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,998 · tax $179 · strata $496 · 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 City Centre Elementaryhomes in this catchment
- Secondary A.R. MacNeill Secondaryhomes in this catchment
2.6 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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