Property Type: TownhouseOwnership: Strata

1 8428 PARK ROAD

Richmond, BC V6Y0K1

$1,099,800

3 bed3 bath1 parking1,504 sqftBuilt 2024
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$941/mo
Annual property tax
$4,931.12 (2025)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3127831
Listed
May 26, 2026
Time on market
On the market for 98 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Multiple Realty Ltd. · Data source: CREA DDF.

Description

Welcome to LUXIO on the Park, a stunning oasis right in the center of Richmond! Conveniently located on Park Road and Cooney Road, this 3-Bedroom + 2.5-Bath corner townhome offers spacious kitchen with waterfall island, premium brand appliances (Bosch/Fisher & Paykel), exquisite quartz countertops, under-cabinet lighting and upgraded laminate flooring throughout. High efficiency heating and air conditioning for year round comfort. Inspired amenities include social resident's lounge, BBQ area and outdoor children's play area. Couple minutes walk to Richmond Centre, Public Market, Sungiven Grocery Store and Brighouse Skytrain Station. Steps to Cook Elementary. Comes with 1 parking stall. (id:63159)

Values & Trends

This listing

$731/sqft

Building average

$904/sqft

6 active listing(s)

Richmond average

$757/sqft

349 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Townhouse Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$1,035,200

Jul 2026

Average Sale Price

$995,218

Jul 2026

Monthly Sales

70

Jul 2026

Active Listings

395

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

24 days

Jul 2026

MLS® HPI Benchmark Price

$1,174,700
$939,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

209,937

(2021 Census)

+5.9% since 2016

Density: 1,629.1/km²

Dwellings: 85,035

Median household income: $79,000

After-tax: $71,000

Immigrant population: 60.3%

Top countries of origin (% of total population)

  • China22.1% · 46,490
  • Hong Kong11.6% · 24,340
  • Philippines6.5% · 13,570
  • Taiwan3.7% · 7,745
  • India2.6% · 5,380
  • United Kingdom1.1% · 2,210
  • United States of America0.8% · 1,600
  • Viet Nam0.7% · 1,510

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
William Cook ElementaryElementary202 m
General Currie ElementaryElementary689 m
Henry Anderson ElementaryElementary800 m
Richmond SecondaryElementary916 m
A.R. MacNeill SecondarySecondary988 m
R C Palmer SecondaryElementary1.2 km
St Paul School(Independent)Elementary1.3 km
Garden City ElementaryElementary1.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound Granville Ave @ Cooney Rd194 m
Eastbound Cook Rd @ Eckersley Rd209 m
Eastbound Granville Ave @ St. Albans Rd221 m
Westbound Cook Rd @ Cooney Rd246 m
Eastbound Granville Ave @ Buswell St284 m

Nearby Places

Restaurants (5+)

  • Redbud Restaurant · 8360 Granville Avenue272 m
  • Sea Fortune Restaurant · 8360 Granville Avenue296 m
  • Wing Kee Restaurant · 8260 Granville Avenue300 m
  • Deer One Hotpot · 8119 Park Road302 m
  • Kumare Restaurant & Bakery · 8130 Park Road312 m

Cafes (5+)

  • Hui Lau Shan259 m
  • Prunus · 6833 Buswell Street265 m
  • Tea Origin · 6833 Buswell Street298 m
  • Momo Tanghulu · 6533 Buswell Street310 m
  • Cafe & Life Co. · 6833 Buswell Street320 m

Grocery (5+)

  • Sungiven Foods · 8119 Park Road331 m
  • Wah Shang Supermarket · 8108 Park Road337 m
  • Lee Men Grocery · 8260 Westminster Highway625 m
  • Freshnote Market · 8211 Westminster Highway694 m
  • Grand Value Asian Supermarket · 8251 Westminster Highway714 m

Parks (5+)

  • Unnamed114 m
  • Cook Neighbourhood School Park131 m
  • Lang (Saba/Buswell) Park · 8211 Saba Road547 m
  • Brighouse Park600 m
  • Garden City Community Park619 m

Shopping (2)

  • Muji · 6551 Number 3 Road570 m
  • CF Richmond Centre · 6551 Number 3 Road642 m

Pharmacies (4)

  • Chemmart Pharmacy · 6633 Buswell Street266 m
  • McCue Pharmacy · 8120 Cook Road389 m
  • MJ's Pharmacy630 m
  • Shoppers Drug Mart635 m

Banks & ATMs (5+)

  • BDC · 8100 Granville Avenue396 m
  • Industrial And Commercial Bank Of China (Canada) · 6740 Number 3 Road424 m
  • RBC · 6400 Number 3 Road450 m
  • TD · 7008 Number 3 Road477 m
  • Scotiabank · 6300 Number 3 Road541 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$879,840.00
Periodic payment — Principal & Interest (monthly)$5,676.43
Additional monthly expenses (strata, tax, utilities, etc.)$1,427.17
Total monthly cost$7,103.60
Interest paid over 5-yr term$252,164.67
Balance at end of term$791,418.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,980
Stress test qualifying rate8.09%
Payment you must qualify for$7,803.61

Cash Needed at Closing

Minimum down payment$84,980
Estimated BC PTT$19,996
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,476

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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