House
$950,000
25% less per sq ft130 12000 1ST AVENUE
Richmond2 days on market
MLS® C8082642
1 / 39
3 bed · 2 bath · 998 sq ft · 2 parking
Condo · Single Family · built 1997 · 9 days on market
Listed by Sam Su, Selmak Realty Limited
Realtor's description
Central location with fantastic view. Inside corner unit overlooking to garden and North Shore mountain view. A solid concrete high-rise in the heart of Richmond. Quiet & Bright. 3 bedrooms 2 baths with 2 parking stalls and storage locker. Amenities include an exercise room, sauna, ping-pong area, and a well-maintained rooftop garden with a tranquil water pond. Easy access to restaurants, Richmond Centre and banks. Steps away to Sky Train and bus without hearing the noise. Rare Find and Must See! A pleasure to show! See Virtual
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 998 sq ft
- Parking
- 2
- Year built
- 1997
- Property tax
- $2,315 / yr
- Strata fee
- $474 / mo ($0.47 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 9
- MLS®
- R3170716
Features
- Central location
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,148/mo
Mortgage $3,481 · Tax $193 · Strata $474
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
- −$1,883/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $3,481 · tax $193 · strata $474 · insurance ~$35 · 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 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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