Property Type: TownhouseOwnership: Strata

2 8311 SAUNDERS ROAD

Richmond, BC V7A2A6

$899,000

3 bed3 bath2 parking1,485 sqftBuilt 1979
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse
Style
2 Level

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$404/mo
Annual property tax
$3,028.94 (2025)

Interior

Heating
Baseboard heaters, Forced air
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Lot features
Central location, Private setting, Treed

Building

Parcel ID (PID)
001-737-368

Parking

Total spaces
2 — covered indicated
Features
Carport

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®
R3117108
Listed
April 29, 2026
Time on market
On the market for 125 days
Tax assessment year
2025
Data last synced
September 1, 2026

Listing provided by: Homeland Realty · Data source: CREA DDF.

Description

Welcome to well known Heritage Park, 3 BDM, 3 BATH townhouse, located in the desirable, quiet area of centre of Richmond. Small 18 units complex, quaint, self-managed, park-like setting with well maintained and mature grounds. This spacious property overlooking park view from your own patio, stylish living room with some modern updates, 9' ceilings, gas fireplace, formal dining room+ eating area & large kitchen, newer quartz counter-top, lots of closet space and in suite storage. Great central location close to transit, restaurants, Walter Lee Elementary, Hugh McRoberts Secondary Schools, Childs World Preschool, South Arm Outdoor Pool, Richlea and Broadmoor Shopping Centres and Richmond Country Club. Two parking spots at your door. (id:63159)

Values & Trends

This listing

$605/sqft

Building average

No other active listings in this building

Richmond average

$757/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

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

37

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
Hugh McRoberts SecondarySecondary658 m
Errington Learning CentreElementary758 m
John T Errington ElementaryElementary758 m
William Bridge ElementaryElementary791 m
Walter Lee ElementaryElementary862 m
Maple Lane ElementaryElementary919 m
James Whiteside ElementaryElementary1.0 km
St Paul School(Independent)Elementary1.0 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 @ Saunders Rd323 m
Westbound Williams Rd @ Pigott Dr330 m
Southbound No. 3 Rd @ Saunders Rd349 m
Eastbound Williams Rd @ Pigott Dr350 m
Southbound No. 3 Rd @ Broadmoor Blvd389 m

Nearby Places

Restaurants (5+)

  • Pho Khang · 10111 Number 3 Road583 m
  • Steve's Poke Bar · 10111 Number 3 Road585 m
  • Pizza Hut · 8980 Number 3 Road595 m
  • Gami Sushi · 10111 Number 3 Road617 m
  • Tino's Pizza · 10151 Number 3 Road688 m

Cafes (3)

  • Tim Hortons · 8031 Williams Road449 m
  • DollarBoba · 10111 Number 3 Road604 m
  • CoCo Fresh Tea & Juice · 10151 Number 3 Road716 m

Grocery (1)

  • FreshCo · 10151 Number 3 Road661 m

Parks (3)

  • Rideau Neighbourhood Park114 m
  • South Arm Community Park751 m
  • Bridge Neighbourhood School Park · 10400 Leonard Road791 m

Gyms (2)

  • Anytime Fitness · 10111 Number 3 Road628 m
  • Oxygen Yoga & Fitness · 10151 Number 3 Road720 m

Pharmacies (4)

  • HealthPlus Pharmacy · 8980 Number 3 Road582 m
  • Shoppers Drug Mart · 7820 Williams Road584 m
  • FreshCo Pharmacy · 10151 Number 3 Road661 m
  • Pharmasave · 10151 Number 3 Road702 m

Banks & ATMs (2)

  • RBC · 10111 Number 3 Road610 m
  • TD · 10151 Number 3 Road709 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$730.15
Total monthly cost$5,370.19
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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