205 8740 CITATION DRIVE
Richmond, BC V6Y3A3
$399,900
Amenities
Also listed: Recreation Centre, Shared Laundry
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $378/mo
- Annual property tax
- $1,329.87 (2025)
Interior
- Heating
- Baseboard heaters
- Fireplace
- None
Exterior & Lot
- Pool
- Outdoor pool
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Allowed with restrictions
- Age / occupancy
- Adult-oriented (no young children)
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3106976
- Listed
- April 7, 2026
- Time on market
- On the market for 146 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: SRS Panorama Realty · Data source: CREA DDF.
Description
Affordable and spacious 1-bedroom in Chartwell Mews with a large in-suite storage room that can be used as a den. This south-facing unit offers an open layout with a generously sized bedroom that easily fits two queen-size beds and still has space to spare. Features renovated kitchen and bathroom and is in move-in ready condition. Located in a quiet and cozy setting, yet just minutes from Richmond Centre, SkyTrain, Kwantlen College, and all major amenities. Top-rated schools nearby. Enjoy amazing building amenities including a recreation centre, outdoor pool, basketball court, party room, sauna, whirlpool, and more. Excellent rental potential - a fantastic opportunity for both investors and first-time buyers! Open House this Sunday 12 April 1-3pm (id:63159)
Values & Trends
This listing
$570/sqft
Building average
$491/sqft
2 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
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
30
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
| School | Type | Distance |
|---|---|---|
| William Cook Elementary | Elementary | 292 m |
| Henry Anderson Elementary | Elementary | 596 m |
| General Currie Elementary | Elementary | 689 m |
| A.R. MacNeill Secondary | Secondary | 730 m |
| R C Palmer Secondary | Elementary | 1.0 km |
| Garden City Elementary | Elementary | 1.1 km |
| Richmond Secondary | Elementary | 1.1 km |
| St Paul School(Independent) | Elementary | 1.2 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 |
|---|---|---|
| Eastbound Granville Ave @ 8700 Block | — | 65 m |
| Eastbound Granville Ave @ Garden City Rd | — | 146 m |
| Westbound Granville Ave @ Garden City Rd | — | 181 m |
| Northbound Garden City Rd @ Bennett Rd | — | 241 m |
| Eastbound Granville Ave @ St. Albans Rd | — | 259 m |
Nearby Places
Restaurants (5+)
- Redbud Restaurant · 8360 Granville Avenue372 m
- Sea Fortune Restaurant · 8360 Granville Avenue377 m
- Wing Kee Restaurant · 8260 Granville Avenue436 m
- Kumo Sukiyaki Restaurant · 9111 Anderson Road590 m
- Kumare Restaurant & Bakery · 8130 Park Road592 m
Cafes (5+)
- Prunus · 6833 Buswell Street532 m
- Tea Origin · 6833 Buswell Street549 m
- Hui Lau Shan560 m
- Cafe & Life Co. · 6833 Buswell Street573 m
- Storeys Cafe · 8080 Anderson Road607 m
Grocery (2)
- Wah Shang Supermarket · 8108 Park Road618 m
- Sungiven Foods · 8119 Park Road629 m
Parks (5+)
- Unnamed201 m
- Cook Neighbourhood School Park307 m
- Garden City Community Park375 m
- MacNeill Neighbourhood School Park650 m
- Paulik Neighbourhood Park · 7620 Heather Street714 m
Pharmacies (2)
- Chemmart Pharmacy · 6633 Buswell Street576 m
- McCue Pharmacy · 8120 Cook Road703 m
Banks & ATMs (4)
- BDC · 8100 Granville Avenue576 m
- TD · 7008 Number 3 Road690 m
- Industrial And Commercial Bank Of China (Canada) · 6740 Number 3 Road722 m
- RBC · 6400 Number 3 Road763 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,995) — 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.