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 / 13
$499,000
607 7888 SABA ROAD
Richmond · MLS® R3134161
1 bed · 1 bath · 675 sq ft · 1 parking
Condo · Single Family · built 2009 · 120 days on market
Listed by Daniel Yeung, Oakwyn Realty Ltd.
Realtor's description
Exceptional 1-bedroom condo ideally positioned in the heart of Downtown Richmond. This sixth-floor home enjoys a quiet, garden-facing outlook with floor-to-ceiling windows that provide abundant natural light. Quality interior features include modern wide-plank laminate flooring, fresh paint, granite countertops, stainless steel appliances and a gas stove. The functional layout offers a comfortable bedroom and a highly sought-after in-suite storage room measuring 9' x 3'6". Residents benefit from unmatched convenience with Brighouse SkyTrain Station, Richmond Centre, grocery stores, restaurants and entertainment just steps away. The home includes 1 secure underground parking stall. School catchments: Brighouse Elementary and Richmond Secondary.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 675 sq ft
- Parking
- 1
- Year built
- 2009
- Property tax
- $1,833 / yr
- Strata fee
- $503 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 120
- MLS®
- R3134161
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$2,830/mo
Mortgage $2,174 · Tax $153 · Strata $503
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
- $1,676/mo
- After all costs
- −$1,323/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,174 · tax $153 · strata $503 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
700 m away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary Richmond Secondaryhomes in this catchment
900 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
