Townhouse
$899,000
9% less per sq ft42 6388 ALDER STREET
Richmond2 days on market
2 bd3 ba1,380 sq ft
MLS® R31724381 / 27
$1,150,000
81 6245 SHERIDAN ROAD
Richmond · MLS® R3170511
3 bed · 3 bath · 1,830 sq ft · 2 parking
Townhouse · Single Family · built 1995 · 8 days on market
Listed by Eric Kong, Royal Pacific Realty Corp.
Realtor's description
South facing home at Maple Tree Lane at Woodwards neighbourhood. FULLY DETACHED townhouse, fence and cedar tree wall surrounded. 3 spacious Bedroom upstairs, 2 Full Bathroom upstairs and a Powder room at Main level. Separated kitchen and Family room, walk out patio, wooden shed at backyard. Vault ceiling at Living room connected with Dining room: Extra open parking. Steveston-London Secondary. Buyer to verify all measurements
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,830 sq ft
- Parking
- 2
- Year built
- 1995
- Property tax
- $3,931 / yr
- Strata fee
- $598 / mo ($0.33 / sq ft)
- Days on market
- 8
- MLS®
- R3170511
Features
- All
Floor plans
Found among the listing photos.
Monthly cost
$5,936/mo
Mortgage $5,010 · Tax $328 · Strata $598
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
- −$3,811/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $5,010 · tax $328 · strata $598 · insurance ~$175 · 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
- Secondary Steveston-London Secondaryhomes in this catchment
300 m away · 6600 Williams Rd, Richmond · 604-668-6668
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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