7660 Bridge Street

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$3,700,000

7660 Bridge Street

Richmond · MLS® R3076723

432

3,010 sq ft · 19,041 sq ft lot · House · Single Family · built 1986 · 292 days on market

listed by Victor Lee, Royal Pacific Realty (Kingsway) Ltd.

realtor's description

Excellent opportunity for future development potential in Richmond McLennan South area! 19,041 sqft lot of (RSM/XL) Small-Scale Multi-Unit Housing zoning is located at a central and convenient location close to transit, schools, and the Garden City shopping mall. This house could be a good holding and rental property with some renovation. The house needs TLC and is being sold in "AS IS WHERE IS" condition. The adjacent property is also listed on MLS and could have more significant development potential ( check with the city). All measurements are approximate and verified by the buyer if deemed important.

property details

type: House, Single Family
bedrooms: 4
bathrooms: 3
living area: 3,010 sq ft
lot: 19,041 sq ft
parking: 2
year built: 1986
property tax: $8,732 / yr
days on market: 292
MLS®: R3076723

features

Central location
All

floor plans

found among the listing photos.

the market here

listed now: 69 days; median for 616 houses for sale; this one 292 days

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

property tax by year

year	assessed	est. tax
2026	$2,577,000	$9,118

The listing shows $8,732 a year in property tax.

Estimate: the BC Assessment value times Richmond's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$16,848/mo

Mortgage $16,121 · Tax $728

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

estimated payment

$16,121/ monthly

loan $2,960,000

25-year amortization

down payment20% · $740,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,876,164
property transfer tax: $103,000; BC general rate
cash to close: $843,000; down + PTT
total paid: $4,836,164

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.