Condo
$868,000
305 7008 RIVER PARKWAY
Richmondlisted today
MLS® R3174222
1 / 35
4 bed · 3 bath · 1,475 sq ft · 2 parking
Townhouse · Single Family · built 2021 · 66 days on market
Listed by Yi-Ran Li, Youlive Realty
Realtor's description
Bright 3-storey townhouse in PARC RIVERA MEWS, Bridgeport. 1,475 sq.ft. of well-laid-out living space with 4 bedrooms and 3 bathrooms, including a below-level bedroom that works perfectly as a guest room or home office. South-facing with an open main floor - living, dining, kitchen and eating area all flowing together. Geothermal heating and air conditioning, laminate and tile flooring, balcony, and a full double garage with rear access. Resort-style amenities: indoor pool, exercise centre, club house and garden. Steps to shopping, recreation and transit, minutes to Richmond Centre, YVR and Vancouver.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 1,475 sq ft
- Parking
- 2
- Year built
- 2021
- Property tax
- $3,999 / yr
- Strata fee
- $597 / mo ($0.40 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 66
- MLS®
- R3152255
Features
- Central location
- Trash compactor
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$6,150/mo
Mortgage $5,220 · Tax $333 · Strata $597
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
- $2,500/mo
- After all costs
- −$4,025/mo
- Cap rate
- 1.2%
- yearly net rent ÷ price
Costs: mortgage $5,220 · tax $333 · strata $597 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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
2.7 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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