Condo
$619,900
8% less per sq ft416 23222 GILLEY ROAD
Richmond113 days on market
MLS® R3137277
1 / 37
1 bed · 1 bath · 570 sq ft · 1 parking
Condo · Single Family · built 2025 · 127 days on market
Listed by Dennis Wang, Nu Stream Realty Inc.
Realtor's description
One Year new--big one bed room one bath , L-- corner unit , clear view on the east and north . Watching the beautiful morning sunrise from east side , Soak in breathtaking mountain views from both sitting room and bedroom. Central air conditioning with fully installed EV charger parking. Over sized parking stall for your big cars. Best position in Richmond center. Richmond shopping mall is just the neighbor , steps to Brighouse skytrain station , countless banks , grocery stores , and restaurants. Best position for living without driving cars. Amazing amenities : Gym, Study room, music room, co worker lounge, party room , guest suite for friends' visiting , sky gardens on Second floor, 4th floor and 8th floor. Do not hesitate to call Alice for a showing.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 570 sq ft
- Parking
- 1
- Year built
- 2025
- Property tax
- $2,446 / yr
- Strata fee
- $470 / mo ($0.82 / sq ft)
- Strata rules
- Rentals Allowed With Restrictions
- Days on market
- 127
- MLS®
- R3132445
Features
- Elevator
- Rentals Allowed With Restrictions
- All
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$3,985/mo
Mortgage $3,311 · Tax $204 · Strata $470
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
- −$2,478/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $3,311 · tax $204 · strata $470 · 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
900 m away · 8600 Cook Rd, Richmond · 604-668-6454
- 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
