Property Type: Condo / ApartmentOwnership: Strata

215 8880 JONES ROAD

Richmond, BC V6Y3Z1

$468,000

1 bed1 bath1 parking689 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$335/mo
Annual property tax
$1,442.19 (2024)

Interior

Heating
Baseboard heaters, Natural gas
Fireplace
None

Parking

Total spaces
1

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®
R2965252
Listed
February 10, 2025
Time on market
On the market for 567 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

This is it! A very quiet, East facing one bedroom unit overlooking the courtyard with functional floor plan. Centrally located, 5 min walk to Garden City Shopping Centre where you will find lots good restaurants, coffee shop, banks, grocery stores, medical clinic etc. 4 min drive to Richmond Centre, easy transit. Great school catchment: Currie Elementary and Palmer Secondary. Property is tenanted over the years in its original condition, will be sold as is, need complete update, bring in your renovation ideas! (id:63159)

Values & Trends

This listing

$679/sqft

Building average

$694/sqft

5 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

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.

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$374,400.00
Periodic payment — Principal & Interest (monthly)$2,415.50
Additional monthly expenses (strata, tax, utilities, etc.)$488.83
Total monthly cost$2,904.33
Interest paid over 5-yr term$107,304.12
Balance at end of term$336,774.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,400
Stress test qualifying rate8.09%
Payment you must qualify for$3,418.82

Cash Needed at Closing

Minimum down payment$23,400
Estimated BC PTT$7,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,260

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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