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$768,000

608 8120 LANSDOWNE ROAD

Richmond · MLS® R3020900

2 bed · 2 bath · 941 sq ft · 1 parking

Condo · Single Family · built 2010 · 467 days on market

Listed by Sarah Zhang, eXp Realty

Realtor's description

PRADO - Luxury high-rise building quality built by BOSA. You will love the location & size of this unit. Conveniently across from Lansdowne mall & just steps to the Canada line & Kwantlen University. This spacious 941 SF 2 bdrm PLUS 2 bath shows beautifully! Great bedroom separation with LOTS of storage & high-end finishing - s/s appliance, granite counters, laminate floor. Covered patio with northeast exposure facing view of the mountains. Superb amenities: Gym, Sauna, Club House, Guest Suite & Concierge Service. 1 parking stall & 1 storage locker. School Catchment: Cook Elementary & MacNeill Secondary. Make sure to see the virtual tour!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 941 sq ft
Parking: 1
Year built: 2010
Property tax: $2,369 / yr
Strata fee: $521 / mo ($0.55 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 467
MLS®: R3020900

Features

Central location
Elevator
Pets Allowed With Restrictions
All

Price check

Typical for the area (+2.8%)

Price per sq ft: $816 vs $794 median for condos in Richmond for sale (827)

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.

Property insights

On market 467 days

The market here

Listed now: 70 days; median for 828 condos for sale; this one 467 days

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

Monthly cost

$4,064/mo

Mortgage $3,346 · Tax $197 · Strata $521

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

estimated payment

$3,346/ monthly

loan $614,400

25-year amortization

down payment20% · $153,60020%+ 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: $389,431
property transfer tax: $13,360; BC general rate
cash to close: $166,960; down + PTT
total paid: $1,003,831

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.

If you rented it out

Rent: $2,046/mo
After all costs: −$2,217/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,346 · tax $197 · strata $521 · 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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