Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond2 days on market
2 bd3 ba1,380 sq ft
MLS® R31724381 / 26
$1,268,000
809 5199 BRIGHOUSE WAY
Richmond · MLS® R3109251
3 bed · 3 bath · 1,423 sq ft · 2 parking
Condo · Single Family · built 2013 · 182 days on market
Listed by Karen Zhao, RE/MAX Crest Realty
Realtor's description
River Green, the most luxurious & prestigious waterfront community in Richmond next to the Olympic Oval. This stunning 3 bedrooms unit with full size balcony, features and excellent layout offering extra high ceilings, central heating/air conditioning, functional layout, closed kitchen, top of the line appliances. Excellent amenities provide 25 ft indoor swimming pool, virtual golf, theatre room, music room with piano, study room, playroom for children, huge party room overlooking the beautiful courtyard with water features. 24 hour concierge & private shuttle to Canada Line/Aberdeen Centre.Open house: April 12/18/19 Sun/Sat/Sun 2-4pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,423 sq ft
- Parking
- 2
- Year built
- 2013
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 182
- MLS®
- R3109251
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$5,525/mo
Mortgage $5,525
20% down at 4.34% fixed (Ratehub.ca), 25 years.
If you rented it out
- Rent
- $2,500/mo
- After all costs
- −$3,260/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $5,525 · 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 Samuel Brighouse Elementaryhomes in this catchment
800 m away · 6800 Azure Rd, Richmond · 604-668-6522
- Secondary Richmond Secondaryhomes in this catchment
1.7 km 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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