Property Type: TownhouseOwnership: Strata

12 8820 WESTMINSTER HIGHWAY

Richmond, BC V6X1A8

$730,000

3 bed3 bath2 parking1,336 sqftBuilt 1982
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$399/mo
Annual property tax
$2,666.76 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
2

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®
R3146107
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

Bright and well-maintained home located in the heart of Richmond. This functional layout offers comfortable living space with abundant natural light. Conveniently situated near Richmond Centre, public transit, restaurants, and daily amenities. Easy access to major routes makes commuting effortless. Ideal for homeowners or investors seeking a central and practical location. (id:63159)

Values & Trends

This listing

$546/sqft

Building average

No other active listings in this building

Richmond average

$758/sqft

349 active listing(s)

Parking: 2 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

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

26

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 ElementaryElementary534 m
Henry Anderson ElementaryElementary597 m
A.R. MacNeill SecondarySecondary847 m
Station StretchElementary1.3 km
General Currie ElementaryElementary1.4 km
City Vancouver Academy(Independent)Secondary1.5 km
Richmond SecondaryElementary1.6 km
Tomsett ElementaryElementary1.6 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 @ Westminster Hwy25 m
Northbound Garden City Rd @ Ferndale Rd68 m
Westbound Westminster Hwy @ Garden City Rd74 m
Northbound Garden City Rd @ Westminster Hwy87 m
Eastbound Westminster Hwy @ Garden City Rd132 m

Nearby Places

Restaurants (5+)

  • Pizza Hut · 8340 Westminster Highway509 m
  • Kingspark Steak House · 8291 Westminster Highway556 m
  • Chuan BBQ Restaurant · 8291 Westminster Highway559 m
  • Dao Field Noodle House · 8291 Westminster Highway561 m
  • Beijing Hot Pot · 8251 Westminster Highway597 m

Cafes (5+)

  • Minute Cafe · 8271 Westminster Highway578 m
  • Mango Yummy · 8271 Westminster Highway580 m
  • Peanut's Bubble Tea · 8260 Westminster Highway607 m
  • Matcha Cafe Maiko · 8279 Saba Road608 m
  • Mr. Mango · 8260 Westminster Highway617 m

Grocery (5+)

  • Lee Men Grocery · 8260 Westminster Highway601 m
  • Grand Value Asian Supermarket · 8251 Westminster Highway616 m
  • Freshnote Market · 8211 Westminster Highway632 m
  • PriceSmart Foods · 8200 Ackroyd Road641 m
  • Happy Veggie World · 8291 Ackroyd Road654 m

Parks (5+)

  • Katsura Neighbourhood Park334 m
  • Cook Neighbourhood School Park589 m
  • Garden City Lands · 5555 No. 4 Road590 m
  • Lang (Saba/Buswell) Park · 8211 Saba Road631 m
  • Garden City Community Park647 m

Pharmacies (3)

  • MJ's Pharmacy638 m
  • ChemMart Pharmacy · 8171 Ackroyd Road725 m
  • Ackroyd Pharmacy · 8100 Ackroyd Road726 m

Banks & ATMs (2)

  • RBC758 m
  • BOC · 115-8060 Westminster Highway795 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($48,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$584,000.00
Periodic payment — Principal & Interest (monthly)$3,767.77
Additional monthly expenses (strata, tax, utilities, etc.)$688.32
Total monthly cost$4,456.09
Interest paid over 5-yr term$167,376.08
Balance at end of term$525,309.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,244.34

Cash Needed at Closing

Minimum down payment$48,000
Estimated BC PTT$12,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$62,100

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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