Condo
$599,000
15% less per sq ft824 7831 WESTMINSTER HIGHWAY
Richmondlisted today
MLS® R3174238
1 / 15
1 bed · 1 bath · 554 sq ft · 1 parking
Condo · Single Family · built 2026 · 38 days on market
Listed by Gina Lin, Coldwell Banker Prestige Realty
Realtor's description
1 bedroom + Den plus a huge deck facing the court yard in the heart of Richmond Center developed by Shape. Open Floor plan with function layout facing west, quiet with court yard views. Central air conditioning, Luxury finishing including STOSA Italian cabinetry, Bosch & Gaggenau appliances, quartz countertops . 73,000+ sq. ft. amenities, including a sky garden, dining lounge, cocktail bar, theatre room, guest suites, children´s playroom, ping pong/mahjong room, EV parking, and more. Steps to Richmond Centre, SkyTrain, shopping. Tenant occupied. 48 hours notice in advance for showing. Tenant fixed term till Feb 28, 2027 and pay $2200 per month.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 554 sq ft
- Parking
- 1
- Year built
- 2026
- Property tax
- $2,438 / yr
- Strata fee
- $405 / mo ($0.73 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 38
- MLS®
- R3160512
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Oven - Built-In
Monthly cost
$3,431/mo
Mortgage $2,823 · Tax $203 · Strata $405
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
- −$1,924/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $2,823 · tax $203 · strata $405 · 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 William Cook Elementaryhomes in this catchment
900 m away · 8600 Cook Rd, Richmond · 604-668-6454
- 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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