Open houseCondo
$634,999
32% less per sq ft207 8740 NO. 1 ROAD
Richmond44 days on market
3 bd2 ba1,182 sq ft
MLS® R31583801 / 22
$759,990
704 6320 NO. 3 ROAD
Richmond · MLS® R3130345
2 bed · 2 bath · 894 sq ft · 1 parking
Condo · Single Family · built 2022 · 128 days on market
Listed by Willa Wang, RE/MAX Crest Realty
Realtor's description
The Paramount - heart of downtown Richmond. 1 minute walk from the building to Skytrain.This well kept large 3 bedroom (3rd br w/o window) 2 bath home has practical and functional layout. Priced well to sell. Seize the opportunity.Luxury European cabinetry, modern kitchen with stainless Miele kitchen appliances, gas cook top, air conditioning.Amenities within the building including party room, fitness centre, sauna/steam rooms, meeting room & outdoor play ground, etc. Step downstairs to access Richmond centre, parks, community centre and public transportation.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 894 sq ft
- Parking
- 1
- Year built
- 2022
- Property tax
- $3,044 / yr
- Strata fee
- $717 / mo ($0.80 / sq ft)
- Strata rules
- Pets Allowed, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 128
- MLS®
- R3130345
Features
- Central location
- Elevator
- Pets Allowed
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,282/mo
Mortgage $3,311 · Tax $254 · Strata $717
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
- $2,046/mo
- After all costs
- −$2,435/mo
- Cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $3,311 · tax $254 · strata $717 · 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
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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