Property Type: Condo / ApartmentOwnership: Leasehold / Strata

214 8031 RYAN ROAD

Richmond, BC V5P1R8

$228,000

1 bed1 bath1 parking675 sqftBuilt 1974
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Leasehold / Strata
Strata / maintenance fee
$614/mo
Annual property tax
$0

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None

Parking

Total spaces
1

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®
R3134368
Listed
June 10, 2026
Time on market
On the market for 83 days
Data last synced
August 28, 2026

Listing provided by: Latitude Realty Inc. · Data source: CREA DDF.

Description

A very very beautiful & cozy leasehold apartment in prestigious Mayfair Court. Quiet and Bright facing south. South patio with thermos sliding doors. New window sills, new railings , new roof & new paint. Very convenient location: Fresh Co & TD, RBC, West Coast Bank, many restaurants, post-office, etc. right across the street. Bus-stops steps away. Maintenance fee includes: property tax, heat, water, hot water, City utility fee. Well managed leasehold until 2088. Walking distance to Hugh Roberts Secondary and William Bridge Elementary. Good for investor and the first time home buyers. (id:63159)

Values & Trends

This listing

$338/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

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

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 ElementaryElementary417 m
Maple Lane ElementaryElementary433 m
Errington Learning CentreElementary610 m
John T Errington ElementaryElementary610 m
Hugh McRoberts SecondarySecondary632 m
Steveston-London SecondaryElementary1.0 km
Ark Elementary Montessori Reggio School(Independent)Elementary1.1 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
Southbound No. 3 Rd @ Williams Rd89 m
Northbound No. 3 Rd @ Williams Rd99 m
Eastbound Williams Rd @ No. 3 Rd107 m
Northbound No. 3 Rd @ Ryan Rd123 m
Westbound Williams Rd @ No. 3 Rd151 m

Nearby Places

Restaurants (5+)

  • Pho Khang · 10111 Number 3 Road106 m
  • Gami Sushi · 10111 Number 3 Road123 m
  • Steve's Poke Bar · 10111 Number 3 Road141 m
  • Tino's Pizza · 10151 Number 3 Road187 m
  • Hong Kong Flavor Restaurant · 10151 Number 3 Road189 m

Cafes (3)

  • Tim Hortons · 8031 Williams Road137 m
  • DollarBoba · 10111 Number 3 Road147 m
  • CoCo Fresh Tea & Juice · 10151 Number 3 Road203 m

Grocery (1)

  • FreshCo · 10151 Number 3 Road164 m

Parks (4)

  • Maple Lane Neighbourhood School Park · 7671 Alouette Drive320 m
  • Bridge Neighbourhood School Park · 10400 Leonard Road414 m
  • Errington Neighbourhood Park632 m
  • Rideau Neighbourhood Park634 m

Gyms (2)

  • Anytime Fitness · 10111 Number 3 Road140 m
  • Oxygen Yoga & Fitness · 10151 Number 3 Road205 m

Pharmacies (3)

  • Pharmasave · 10151 Number 3 Road184 m
  • FreshCo Pharmacy · 10151 Number 3 Road185 m
  • Shoppers Drug Mart · 7820 Williams Road190 m

Banks & ATMs (2)

  • RBC · 10111 Number 3 Road113 m
  • TD · 10151 Number 3 Road192 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$182,400.00
Periodic payment — Principal & Interest (monthly)$1,176.78
Additional monthly expenses (strata, tax, utilities, etc.)$648.00
Total monthly cost$1,824.78
Interest paid over 5-yr term$52,276.36
Balance at end of term$164,069.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,400
Stress test qualifying rate8.09%
Payment you must qualify for$1,665.58

Cash Needed at Closing

Minimum down payment$11,400
Estimated BC PTT$2,560
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,460

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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