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$488,000

703 6133 BUSWELL STREET

Richmond · MLS® R3158593

1 bed · 1 bath · 620 sq ft · 1 parking

Condo · Single Family · built 2009 · 43 days on market

Listed by Eddie Chan, Macdonald Realty Westmar

Realtor's description

''MERRY PARK'' ONE BEDROOM EAST FACING WITH CITY VIEWS. 9' CEILINGS, COVERED BALCONY, IN-SUITE LAUNDRY, BRIGHT & SPACIOUS LIVING + DINING AREA WITH LAMINATE FLOORINGS. OPEN KITCHEN WITH STONE COUNTERTOP + LOTS OF CABINET SPACE. WALK TO RICHMOND PUBLIC MARKET, SKYTRAIN STATION, SHOPPING CENTRES + SCHOOLS. PARKING #39 + LOCKER #703 (BOTH AT LEVEL 2). PETS + RENTAL ALLOWED. VERY WELL KEPT BY OWNER. EASY TO SHOW."

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 620 sq ft
Parking: 1
Year built: 2009
Property tax: $1,812 / yr
Strata fee: $465 / mo ($0.75 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 43
MLS®: R3158593

Features

Central location
Elevator
Wheelchair access
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (-0.8%)

2026 assessment: $512,000 · asking is -4.7%
Price per sq ft: $787 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 43 days · no price changes so far

The market here

Listed now: 70 days; median for 828 condos for sale; this one 43 days

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

Monthly cost

$2,742/mo

Mortgage $2,126 · Tax $151 · Strata $465

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

estimated payment

$2,126/ monthly

loan $390,400

25-year amortization

down payment20% · $97,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $247,451
property transfer tax: $7,760; BC general rate
cash to close: $105,360; down + PTT
total paid: $637,851

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: $1,676/mo
After all costs: −$1,236/mo
Cap rate: 2.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,126 · tax $151 · strata $465 · 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 ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary William Cook Elementaryhomes in this catchment
600 m away · 8600 Cook Rd, Richmond · 604-668-6454
Secondary A.R. MacNeill Secondaryhomes in this catchment
1.4 km away · 6611 No. 4 Rd, Richmond · 604-668-6212

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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