Property Type: Condo / ApartmentOwnership: Freehold / Strata

112 8880 JONES ROAD

Richmond, BC V6Y3Z1

$475,000

1 bed1 bath1 parking724 sqftBuilt 1994
Get Directions

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Freehold / Strata
Strata / maintenance fee
$360/mo
Annual property tax
$1,660.1 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
Yes (1)

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®
R3128774
Listed
May 27, 2026
Time on market
On the market for 96 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome to your new home at Redonda! This charming corner one-bedroom, one-bath residence features laminate flooring, newer appliances, and modern light fixtures. With 724 square ft of bright, efficiently designed living space, it offers both comfort and functionality. Ideally located just steps from Richmond Centre, transit, recreation, and a wide variety of dining and shopping options, this home combines convenience with lifestyle. Situated in a well-maintained building, it´s a perfect choice for first time home buyers or downsizers. 1 parking and a storage room on the balcony included. Recreation room for your parties and plenty of visitor parking. Pets and Rentals allowed. (id:63159)

Values & Trends

This listing

$656/sqft

Building average

$699/sqft

5 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

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
R C Palmer SecondaryElementary382 m
Garden City ElementaryElementary401 m
General Currie ElementaryElementary560 m
St Paul School(Independent)Elementary620 m
Howard De Beck ElementaryElementary926 m
William Cook ElementaryElementary962 m
A.R. MacNeill SecondarySecondary1.0 km
Henry Anderson ElementaryElementary1.1 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
Southbound Garden City Rd @ Jones Rd52 m
Northbound Garden City Rd @ Jones Rd94 m
Northbound Garden City Rd @ Blundell Rd155 m
Southbound Garden City Rd @ General Currie Rd209 m
Southbound Garden City Rd @ Blundell Rd224 m

Nearby Places

Restaurants (5+)

  • Royal Seafood Restaurant · 8040 Garden City Road228 m
  • DAAN Korean Cuisine · 9040 Blundell Road232 m
  • Master Hung BBQ & Won Ton · 8780 Blundell Road236 m
  • Uncle Sal's Shawarma · 9040 Blundell Road252 m
  • Myomi Sushi · 8780 Blundell Road262 m

Cafes (4)

  • Blenz Coffee · 9040 Blundell Road244 m
  • Jane's Tea Garden · 8780 Blundell Road256 m
  • Azure Play Cafe · 9100 Garden City Road351 m
  • Chatime · 9100 Blundell Road357 m

Grocery (2)

  • Save-On-Foods · 9100 Blundell Road350 m
  • Blundell Market · 7791 Number 3 Road796 m

Parks (3)

  • Paulik Neighbourhood Park · 7620 Heather Street371 m
  • Palmer/Garden City Neighbourhood School Park437 m
  • General Currie Neighbourhood School Park575 m

Gyms (1)

  • Fit4Less · 9100 Garden City Road357 m

Pharmacies (2)

  • HealthCare Pharmacy · 8780 Blundell Road221 m
  • Shoppers Drug Mart · 9100 Blundell Road374 m

Banks & ATMs (1)

  • CIBC · 9100 Blundell Road303 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$380,000.00
Periodic payment — Principal & Interest (monthly)$2,451.63
Additional monthly expenses (strata, tax, utilities, etc.)$534.61
Total monthly cost$2,986.24
Interest paid over 5-yr term$108,909.09
Balance at end of term$341,811.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.95

Cash Needed at Closing

Minimum down payment$23,750
Estimated BC PTT$7,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,750

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.

Request more information