Condo
$868,000
305 7008 RIVER PARKWAY
Richmondlisted today
MLS® R3174222
2 bed · 2 bath · 828 sq ft · 1 parking
Condo · Single Family · built 2025 · listed today
Listed by Bruce Wang, Luxmore Realty
Realtor's description
RC at CF Richmond Centre. South facing 2bedroom unit with Gaggenau appliances. The unit it self and parking stall are close the elevator for easy access, amenities including tranquil Sky Gardens, entertainment suites, children's play area, fitness spaces, guest suites, & co-working areas. Steps from the new Minoru Aquatic Centre, Richmond General Hospital, and Minoru Park. Shopping, transit all within walkable distance. One of the best deal in the complex don't miss out!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 828 sq ft
- Parking
- 1
- Year built
- 2025
- Property tax
- $3,386 / yr
- Strata fee
- $599 / mo ($0.72 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3174163
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$4,890/mo
Mortgage $4,008 · Tax $282 · Strata $599
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
- −$3,042/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $4,008 · tax $282 · strata $599 · 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
900 m away · 8600 Cook Rd, Richmond · 604-668-6454
- Secondary Richmond Secondaryhomes in this catchment
500 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.
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