Property Type: Condo / ApartmentOwnership: Strata

207 7295 MOFFATT ROAD

Richmond, BC V6Y3E5

$518,000

2 bed1 bath1 parking942 sqftBuilt 1982
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Amenities

Gym

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$531/mo
Annual property tax
$1,670.96 (2025)

Interior

Heating
Electric
Fireplace
None
Appliances
Refrigerator, Dishwasher, Stove

Exterior & Lot

Pool
Outdoor pool
Lot features
Central location, Private setting, Treed, Elevator

Building

Parcel ID (PID)
000-711-217

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

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®
R3141887
Listed
July 2, 2026
Time on market
On the market for 60 days
Tax assessment year
2025
Data last synced
August 30, 2026

Listing provided by: Sutton Group Seafair Realty · Data source: CREA DDF.

Description

Like brand new! Absolutely stunning 2-bedroom, 1-bathroom apartment in Dorchester Circle. Beautifully renovated with quality craftsmanship & stylish contemporary finishes throughout, this move-in ready home is sure to impress. Features include a band-new kitchen with updated cabinetry & countertops, new flooring, a completely renovated bathroom, fresh designer paint, & all-new lighting, including elegant pot lights. Comes with 1 secured parking stall and 1 storage locker. Enjoy fantastic amenities, including an outdoor swimming pool & fitness centre. Situated within the highly sought-after Ferris Elementary & Richmond Secondary school catchments. And only minutes to Minoru Park, Canada Line & Richmond Centre. A truly turnkey home you won't want to miss! Open House Sat, 2-4 pm! (id:63159)

Values & Trends

This listing

$550/sqft

Building average

$547/sqft

2 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

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

15

4/9 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
Richmond SecondaryElementary316 m
W D Ferris ElementaryElementary706 m
Blundell ElementaryElementary830 m
Samuel Brighouse ElementaryElementary841 m
General Currie ElementaryElementary918 m
St Paul School(Independent)Elementary1.2 km
Donald E McKay ElementaryElementary1.4 km
William Cook ElementaryElementary1.4 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 Gilbert Rd @ Mang Rd135 m
Southbound Gilbert Rd @ Mang Rd161 m
Northbound Gilbert Rd @ Donald Rd262 m
Southbound Gilbert Rd @ Donald Rd266 m
Southbound Gilbert Rd @ Granville Ave275 m

Nearby Places

Restaurants (2)

  • Pho Lan Beef Noodle Soup · 6950 Number 3 Road768 m
  • Bamboo Grove Restaurant · 6920 Number 3 Road776 m

Grocery (1)

  • Blundell Market · 7791 Number 3 Road769 m

Parks (4)

  • Brighouse Park634 m
  • Garatt Park649 m
  • Ferris Neighbourhood School Park · 7520 Sunnymede Crescent690 m
  • Minoru Park709 m

Banks & ATMs (1)

  • TD · 7008 Number 3 Road757 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($26,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$414,400.00
Periodic payment — Principal & Interest (monthly)$2,673.57
Additional monthly expenses (strata, tax, utilities, etc.)$717.25
Total monthly cost$3,390.81
Interest paid over 5-yr term$118,768.23
Balance at end of term$372,754.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,800
Stress test qualifying rate8.09%
Payment you must qualify for$3,777.16

Cash Needed at Closing

Minimum down payment$26,800
Estimated BC PTT$8,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,660

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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