Condo
$868,000
305 7008 RIVER PARKWAY
Richmondlisted today
MLS® R3174222
1 / 7
3 bed · 3 bath · 1,282 sq ft · 2 parking
Townhouse · Single Family · built 1995 · 1 day on market
Listed by Carmen Choy, Royal Pacific Realty Corp.
Realtor's description
The bright and quiet units available in the Normandie. This Updated Townhouse features A/C, New all Electrical appliance Bathroom& Kitchen(Wall & floor Tiles, Toilet, Faucet, Counter top, Sink), hotwater tank, New drapes, Crown & floor Molding, new Paint, Crystal lighting, Fridge, Washer&dryer. This 3 bedroom, 2.5 bath Townhouse is well maintained & ready to move in. A huge sunny west facing balcony off the living room, functional open layout 2BR's on the top floor, a private 3rd Bed with a bath on the ground floor as a home office, a large Kitchen with a breakfast area, 1 car Garage + extra Covered Carport for 1 additional car. A very convenient East Cambie location easy access to all major routes. Shopping, restaurants&parks, close to IKEA, Costco, YVR airport.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,282 sq ft
- Parking
- 2
- Year built
- 1995
- Property tax
- $2,858 / yr
- Strata fee
- $244 / mo ($0.19 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3174016
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,133/mo
Mortgage $3,651 · Tax $238 · Strata $244
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
- $2,500/mo
- After all costs
- −$2,008/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $3,651 · tax $238 · strata $244 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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 Kathleen McNeely Elementaryhomes in this catchment
900 m away · 12440 Woodhead Rd, Richmond · 604-668-6250
- Secondary Cambie Secondaryhomes in this catchment
1.1 km away · 4151 Jacombs Rd, Richmond · 604-668-6430
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.
