Open houseCondo
$634,999
32% less per sq ft207 8740 NO. 1 ROAD
Richmond44 days on market
3 bd2 ba1,182 sq ft
MLS® R31583801 / 28
$549,000
604 7100 GILBERT ROAD
Richmond · MLS® R3147353
2 bed · 1 bath · 1,000 sq ft · 1 parking
Condo · Single Family · built 1982 · 83 days on market
Listed by Johnny Zhao, Nu Stream Realty Inc.
Realtor's description
Great location, Close to Richmond center, walking distance to transit and community center cross the street, 6th floor Corner Unit Facing Southwest , 1000 sqft spacious 2 bedroom and 1 bathroom with 1 parking and 1 locker, huge walk-in closet, reasonable strata fee which include electricity and heating etc, great school catchment Ferris Elementary & Richmond High Secondary with IB program.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 1,000 sq ft
- Parking
- 1
- Year built
- 1982
- Property tax
- $1,955 / yr
- Strata fee
- $508 / mo ($0.51 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 83
- MLS®
- R3147353
Features
- Central location
- Elevator
- Wheelchair access
- Pets not Allowed
- Rentals Allowed With Restrictions
- All
Monthly cost
$3,063/mo
Mortgage $2,392 · Tax $163 · Strata $508
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
- −$1,216/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,392 · tax $163 · strata $508 · 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 W D Ferris Elementaryhomes in this catchment
900 m away · 7520 Sunnymede Cres, Richmond · 604-668-6538
- Secondary Richmond Secondaryhomes in this catchment
400 m away · 7171 Minoru Blvd, Richmond · 604-668-6400
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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