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$2,390,000

8480 SUNNYWOOD DRIVE

Richmond · MLS® R3168157

8 bed · 6 bath · 5,083 sq ft · 8,447 sq ft lot · 4 parking

House · Single Family · built 1988 · 17 days on market

Listed by Angel Li, LeHomes Realty Premier

Realtor's description

Welcome to Richmond's most prestigious area: Sunnywood West. Over 5,000 square ft of living area on 8,447 square ft lot. Built by German builder with top quality material and craftsmanship. 7-zone radiant heating, 9 skylights, marble counter tops, lawn sprinkler, large garages could accommodate extra wide vehicles. Extensive upgrades include the roof, gutters, floor, appliances. Gorgeous bathrooms including the spa-like master en-suite. Suite downstairs with separate entrance can be rented as a mortgage helper. Ferris Elementary & Richmond Secondary catchments.

Property details

Type: House, Single Family
Bedrooms: 8
Bathrooms: 6
Living area: 5,083 sq ft
Lot: 8,447 sq ft
Parking: 4
Year built: 1988
Property tax: $8,182 / yr
Days on market: 17
MLS®: R3168157

Features

Floor plans

Found among the listing photos.

Price check

2026 assessment: $2,725,000 · asking is -12%
Price per sq ft: $470 vs $758 median for houses in Richmond for sale (593)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 17 days · no price changes so far

The market here

Listed now: 66 days; median for 618 houses for sale; this one 17 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,725,000	$9,642

The listing shows $8,182 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

$11,095/mo

Mortgage $10,413 · Tax $682

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

estimated payment

$10,413/ monthly

loan $1,912,000

25-year amortization

down payment20% · $478,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,211,900
property transfer tax: $49,700; BC general rate
cash to close: $527,700; down + PTT
total paid: $3,123,900

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Suite rent: $1,676/mo
Your cost after the suite: $9,728/mo; vs $11,270 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $10,413 · tax $682 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Lot outline: 666 m² (7,169 sq ft) · PID 001-863-363. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

RichmondGoogle Maps ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary W D Ferris Elementaryhomes in this catchment
100 m away · 7520 Sunnymede Cres, Richmond · 604-668-6538
Secondary Richmond Secondaryhomes in this catchment
1000 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.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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