Property Type: Condo / ApartmentOwnership: Leasehold / Strata

123 8051 RYAN ROAD

Richmond, BC V7A2E4

$249,000

2 bed1 bath1 parking910 sqftBuilt 1973
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment
Frontage
0 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Leasehold / Strata
Strata / maintenance fee
$818/mo
Annual property tax
$0 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Visitor Parking

Restrictions & Policies

Pets
Not allowed

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

Listing Information

MLS®
R3141676
Listed
July 1, 2026
Time on market
On the market for 61 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome to Mayfair Court! This updated (2021) spacious 2-bedroom ground-floor home offers a quiet west-facing courtyard outlook and a cozy private patio, perfect for relaxing or entertaining. Enjoy unbeatable convenience with FreshCo, Coco tea, KFC, Shoppers Drug Mart, and Pioneer´s Pub just across the street, plus easy access to transit, South Arm Park, and nearby restaurants.The maintenance fee includes property tax, heat, and hot water, offering excellent value. great opportunity for first-time buyers or investors. Located in the William Bridge Elementary and Hugh McRoberts Secondary school catchments. Lease term until 2088. Easy to show with notice! (id:63159)

Values & Trends

This listing

$274/sqft

Building average

No other active listings in this building

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

74

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 Bridge ElementaryElementary320 m
Maple Lane ElementaryElementary394 m
Hugh McRoberts SecondarySecondary628 m
Errington Learning CentreElementary701 m
John T Errington ElementaryElementary701 m
Ark Elementary Montessori Reggio School(Independent)Elementary965 m
Steveston-London SecondaryElementary1.1 km
James Whiteside 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
Northbound No. 3 Rd @ Ryan Rd45 m
Southbound No. 3 Rd @ Ryan Rd70 m
Southbound No. 3 Rd @ Williams Rd210 m
Southbound No. 3 Rd @ Goldstream Dr222 m
Northbound No. 3 Rd @ Williams Rd230 m

Nearby Places

Restaurants (5+)

  • Gami Sushi · 10111 Number 3 Road168 m
  • Pho Khang · 10111 Number 3 Road180 m
  • Hong Kong Flavor Restaurant · 10151 Number 3 Road183 m
  • Tino's Pizza · 10151 Number 3 Road184 m
  • Steve's Poke Bar · 10111 Number 3 Road220 m

Cafes (3)

  • CoCo Fresh Tea & Juice · 10151 Number 3 Road175 m
  • DollarBoba · 10111 Number 3 Road212 m
  • Tim Hortons · 8031 Williams Road272 m

Grocery (1)

  • FreshCo · 10151 Number 3 Road179 m

Parks (4)

  • Maple Lane Neighbourhood School Park · 7671 Alouette Drive268 m
  • Bridge Neighbourhood School Park · 10400 Leonard Road315 m
  • Errington Neighbourhood Park714 m
  • Rideau Neighbourhood Park762 m

Gyms (2)

  • Oxygen Yoga & Fitness · 10151 Number 3 Road174 m
  • Anytime Fitness · 10111 Number 3 Road181 m

Pharmacies (3)

  • Pharmasave · 10151 Number 3 Road150 m
  • FreshCo Pharmacy · 10151 Number 3 Road213 m
  • Shoppers Drug Mart · 7820 Williams Road275 m

Banks & ATMs (2)

  • TD · 10151 Number 3 Road160 m
  • RBC · 10111 Number 3 Road160 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$199,200.00
Periodic payment — Principal & Interest (monthly)$1,285.17
Additional monthly expenses (strata, tax, utilities, etc.)$864.00
Total monthly cost$2,149.17
Interest paid over 5-yr term$57,091.29
Balance at end of term$179,181.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,818.99

Cash Needed at Closing

Minimum down payment$12,450
Estimated BC PTT$2,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,930

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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