106 8720 NO. 1 ROAD
Richmond, BC V7C4L5
$529,000
Amenities
Also listed: Recreation Centre, Shared Laundry, Guest Suite, Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $554/mo
- Annual property tax
- $1,784.02 (2025)
Interior
- Heating
- Baseboard heaters, Hot Water
- Fireplace
- None
Exterior & Lot
- Pool
- Indoor pool, Outdoor pool
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- 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®
- R3140196
- Listed
- June 26, 2026
- Time on market
- On the market for 67 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Westside Klein Group · Data source: CREA DDF.
Description
Exceptional value for size in Richmond! This spacious 980 sq.ft. 2-bedroom, 2-bath home offers incredible square footage at an unbeatable price. Thoughtfully updated with a modern quartz kitchen, two-tone cabinetry, stainless steel appliances, renovated bathrooms, and durable laminate flooring throughout. The functional layout features a generous primary bedroom, excellent bedroom separation, and a bright living/dining area. Enjoy the oversized covered balcony with a private, treed outlook - perfect for year-round use. Rare in-suite washer for added convenience, plus access to shared laundry facilities in the building. Well-managed building with indoor pool, hot tub, and gym. Centrally located close to shopping, transit, parks, and schools. A rare opportunity to secure this much space (id:63159)
Values & Trends
This listing
$540/sqft
Building average
$436/sqft
1 active listing(s)
Richmond average
$802/sqft
869 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
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
| School | Type | Distance |
|---|---|---|
| James Gilmore Elementary | Elementary | 433 m |
| R M Grauer Elementary | Elementary | 591 m |
| Hugh Boyd Secondary | Elementary | 651 m |
| Alfred B Dixon Elementary | Elementary | 842 m |
| Quilchena Elementary | Elementary | 917 m |
| St Joseph the Worker(Independent) | Elementary | 1.1 km |
| des Navigateurs | Elementary | 1.2 km |
| Manoah Steves Elementary | Elementary | 1.4 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
| Stop | Type | Distance |
|---|---|---|
| Northbound No. 1 Rd @ Youngmore Rd | — | 84 m |
| Southbound No. 1 Rd @ Youngmore Rd | — | 151 m |
| Southbound No. 1 Rd @ Pacemore Ave | — | 213 m |
| Northbound No. 1 Rd @ Pacemore Ave | — | 268 m |
| Northbound No. 1 Rd @ Francis Rd | — | 290 m |
Nearby Places
Restaurants (1)
- Takeya Sushi · 8671 Number 1 Road255 m
Cafes (2)
- Starbucks227 m
- Blenz Coffee · 8751 Number 1 Road294 m
Grocery (1)
- Safeway · 8671 Number 1 Road232 m
Parks (3)
- Gilmore Neighbourhood School Park433 m
- Hugh Boyd Community Park · 9200 Number 1 Road548 m
- Grauer Neighbourhood School Park · 4440 Blundell Road556 m
Shopping (1)
- Seafair Shopping Centre262 m
Pharmacies (1)
- Shoppers Drug Mart · 8671 Number 1 Road286 m
Banks & ATMs (4)
- Gulf & Fraser · 8900 Number 1 Road251 m
- CIBC · 8751 Number 1 Road310 m
- Unnamed356 m
- TD · 3960 Francis Road363 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
Other Listings in This Building
Other units currently listed in the same building. 106 8720 NO. 1 ROAD
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 5.3% ($27,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.