Condo
$520,000
305 8760 NO. 1 ROAD
Richmondlisted today
MLS® R3174293
1 / 24
1 bed · 1 bath · 515 sq ft · 1 parking
Condo · Single Family · built 2025 · 77 days on market
Listed by Mark Wiens, RE/MAX Crest Realty
Realtor's description
Spectacular concrete, near brand new air conditioned home in the heart of Richmond WITH PARKING! This home features the coveted light color scheme and has luxury features like a quartz island/ bar with waterfall edge, premium high end appliances and so much more, including an oversized balcony looking out onto the peaceful courtyard and beautiful East Richmond. This building features 24/7 concierge, an outdoor heated pool, and full gym facilities. Located just minutes walk to the best of central Richmond including Lansdowne Mall, the Lansdowne Canada Line station and more, this wonderfully maintained home is waiting for you. Call today.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 515 sq ft
- Parking
- 1
- Year built
- 2025
- Property tax
- $1,100 / yr
- Strata fee
- $429 / mo ($0.83 / sq ft)
- Strata rules
- Rentals Allowed With Restrictions
- Days on market
- 77
- MLS®
- R3149830
Features
- Cul-de-sac
- Rentals Allowed With Restrictions
- All
Monthly cost
$2,913/mo
Mortgage $2,392 · Tax $92 · Strata $429
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
- $1,676/mo
- After all costs
- −$1,406/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,392 · tax $92 · strata $429 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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 City Centre Elementaryhomes in this catchment
- Secondary Richmond Secondaryhomes in this catchment
1.5 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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