Open houseCondo
$498,000
327 10880 NO. 5 ROAD
Richmondlisted today
1 bd1 ba672 sq ft
MLS® R31735501 / 29
$478,000
812 6611 MINORU BOULEVARD
Richmond · MLS® R3164616
2 bed · 1 bath · 1,125 sq ft · 1 parking
Condo · Single Family · built 1973 · 26 days on market
Listed by Victoria Liu, Dracco Pacific Realty
Realtor's description
Spacious and bright 2-bedroom home offering approximately 1,125 sq. ft. of comfortable living space with desirable east-facing exposure. Laminate flooring enhances the living room, dining area and hallway, while the generous layout offers excellent room sizes and a comfortable, functional living environment. Unbeatable central Richmond location, just steps to the Richmond Public Library, Minoru Park and civic amenities, with Richmond Centre, Canada Line SkyTrain, shopping, restaurants and everyday conveniences right across the street. An exceptional opportunity to enjoy space, comfort and one of Richmond's most convenient locations. Open House: Oct 3 2:30-4:30PM and Oct 4 2PM - 4 PM.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 1,125 sq ft
- Parking
- 1
- Year built
- 1973
- Property tax
- $1,703 / yr
- Strata fee
- $613 / mo ($0.54 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 26
- MLS®
- R3164616
Features
- Central location
- Elevator
- Pets not Allowed
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$2,837/mo
Mortgage $2,083 · Tax $142 · Strata $613
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
- −$990/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,083 · tax $142 · strata $613 · 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 Samuel Brighouse Elementaryhomes in this catchment
600 m away · 6800 Azure Rd, Richmond · 604-668-6522
- 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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