Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 28
$498,000
610 6951 ELMBRIDGE WAY
Richmond · MLS® R3170079
1 bed · 1 bath · 541 sq ft · 1 parking
Condo · Single Family · built 2013 · 9 days on market
Listed by Jack F. Liu, RE/MAX Crest Realty
Realtor's description
RARE COURTYARD-FACING 1 BED AT ORA BY ONNI! This northeast-facing 1 bed 1 bath unit overlooks the peaceful inner courtyard. 541 square ft of functional living space with AIR CONDITIONING and 1 parking. Currently TENANTED at $2,300/month on a month-to-month basis - perfect as a cash-flowing investment or your future home. Enjoy 42,000+ square ft of 5-STAR amenities: indoor heated swimming pool, hot tub, steam & sauna, fitness centre, yoga studio, squash court, lounge, party and media rooms. Steps to the Olympic Oval, dyke trails, future Whole Foods Market and restaurants; minutes to Richmond Centre, Lansdowne Mall and the SkyTrain station.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 541 sq ft
- Parking
- 1
- Year built
- 2013
- Property tax
- $1,698 / yr
- Strata fee
- $310 / mo ($0.57 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 9
- MLS®
- R3170079
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,621/mo
Mortgage $2,170 · Tax $142 · Strata $310
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
- −$1,114/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $2,170 · tax $142 · strata $310 · 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 Samuel Brighouse Elementaryhomes in this catchment
700 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
1.4 km 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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