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$1,599,000

8620 DEMOREST DRIVE

Richmond · MLS® R3171069

4 bed · 3 bath · 2,123 sq ft · 6,137 sq ft lot · 4 parking

House · Single Family · built 1976 · 6 days on market

Listed by Carl Chu, RE/MAX Westcoast

Realtor's description

Beautifully maintained 2-level split home situated on a spacious 6,000+ sq.ft. rectangular lot with excellent frontage and a desirable south-facing backyard. Located in a beautiful, peaceful neighbourhood with excellent street appeal, sidewalks, and underground power lines. The entire home has been thoughtfully updated over the past few years, including the kitchen with updated cabinetry, countertops, and appliances, as well as updated bathrooms. Engineered hardwood flooring runs throughout the home, offering a clean and cohesive look. Conveniently located within walking distance to public transit and minutes from everyday amenities. Situated in the sought-after catchment for Lee Elementary and McRoberts Secondary. Don't Miss It!

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,123 sq ft
Lot: 6,137 sq ft
Parking: 4
Year built: 1976
Property tax: $5,773 / yr
Days on market: 6
MLS®: R3171069

Features

Floor plans

Found among the listing photos.

Price check

Typical for the area (-0.7%)

2026 assessment: $1,662,000 · asking is -3.8%
Price per sq ft: $753 vs $758 median for houses in Richmond for sale (595)

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 6 days · no price changes so far

The market here

Listed now: 68 days; median for 596 houses for sale; this one 6 days

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

Monthly cost

$7,448/mo

Mortgage $6,967 · Tax $481

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

estimated payment

$6,967/ monthly

loan $1,279,200

25-year amortization

down payment20% · $319,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $810,807
property transfer tax: $29,980; BC general rate
cash to close: $349,780; down + PTT
total paid: $2,090,007

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.

Location

RichmondGoogle Maps ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary Walter Lee Elementaryhomes in this catchment
700 m away · 9491 Ash St, Richmond · 604-668-6269
Secondary Hugh McRoberts Secondaryhomes in this catchment
800 m away · 8980 Williams Rd, Richmond · 604-668-6600

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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