Property Type: Condo / ApartmentOwnership: Strata

101 8870 CITATION DRIVE

Richmond, BC V6Y3A3

$443,900

2 bed1 bath1 parking898 sqftBuilt 1979
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Amenities

Gym

Also listed: Recreation Centre, Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$487/mo
Annual property tax
$1,609.96 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Visitor Parking

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
R3153911
Listed
August 8, 2026
Time on market
On the market for 24 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.

Description

Welcome to Chartwell Mews - This bright above-ground (2nd floor) corner unit offers 2 beds & 1 bath, ideally situated on the quiet side of the building. The spacious balcony is perfect for summer BBQs. Updated over the years, this home is move-in ready. Additional features include in-suite storage, balcony storage room, & 1 parking stall. Strata fees include heat. Enjoy resort-style amenities at "The Paddock" Recreation Centre, featuring an outdoor pool, hot tub, lounge, party room, & basketball/tennis courts. This well-maintained building has undergone significant upgrades, including repiping (2004), new roof (2011), & windows, patio doors, balconies, railings, & siding (2013). School catchments: Cook Elementary, Anderson French Imm., & MacNeill Secondary - less than 15 minutes walk away! (id:63159)

Values & Trends

This listing

$494/sqft

Building average

$605/sqft

1 active listing(s)

Richmond average

$802/sqft

869 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.

Apartment Market Stats — Richmond

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

MLS® HPI Benchmark Price

$639,700

Jul 2026

Average Sale Price

$604,327

Jul 2026

Monthly Sales

92

Jul 2026

Active Listings

956

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

38 days

Jul 2026

MLS® HPI Benchmark Price

$762,600
$625,400
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

30

6/9 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 ElementaryElementary285 m
Henry Anderson ElementaryElementary491 m
A.R. MacNeill SecondarySecondary635 m
General Currie ElementaryElementary792 m
R C Palmer SecondaryElementary1.1 km
Garden City ElementaryElementary1.1 km
Richmond SecondaryElementary1.2 km
St Paul School(Independent)Elementary1.3 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
Eastbound Granville Ave @ Garden City Rd111 m
Westbound Granville Ave @ Garden City Rd124 m
Eastbound Granville Ave @ 8700 Block166 m
Eastbound Granville Ave @ Heather St265 m
Northbound Garden City Rd @ Bennett Rd275 m

Nearby Places

Restaurants (5+)

  • Redbud Restaurant · 8360 Granville Avenue472 m
  • Sea Fortune Restaurant · 8360 Granville Avenue479 m
  • Wing Kee Restaurant · 8260 Granville Avenue535 m
  • Kumare Restaurant & Bakery · 8130 Park Road669 m
  • Deer One Hotpot · 8119 Park Road670 m

Cafes (5+)

  • Prunus · 6833 Buswell Street612 m
  • Hui Lau Shan628 m
  • Tea Origin · 6833 Buswell Street634 m
  • Cafe & Life Co. · 6833 Buswell Street658 m
  • Momo Tanghulu · 6533 Buswell Street672 m

Grocery (2)

  • Wah Shang Supermarket · 8108 Park Road695 m
  • Sungiven Foods · 8119 Park Road699 m

Parks (5+)

  • Unnamed260 m
  • Garden City Community Park273 m
  • Cook Neighbourhood School Park325 m
  • MacNeill Neighbourhood School Park554 m
  • Katsura Neighbourhood Park621 m

Pharmacies (2)

  • Chemmart Pharmacy · 6633 Buswell Street637 m
  • McCue Pharmacy · 8120 Cook Road754 m

Banks & ATMs (3)

  • BDC · 8100 Granville Avenue673 m
  • TD · 7008 Number 3 Road784 m
  • Industrial And Commercial Bank Of China (Canada) · 6740 Number 3 Road793 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Other Listings in This Building

Other units currently listed in the same building. 101 8870 CITATION DRIVE

View building profile →
Built 1979

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,195) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$355,120.00
Periodic payment — Principal & Interest (monthly)$2,291.11
Additional monthly expenses (strata, tax, utilities, etc.)$666.31
Total monthly cost$2,957.43
Interest paid over 5-yr term$101,778.41
Balance at end of term$319,431.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,195
Stress test qualifying rate8.09%
Payment you must qualify for$3,242.76

Cash Needed at Closing

Minimum down payment$22,195
Estimated BC PTT$6,878
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,573

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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