Property Type: Condo / ApartmentOwnership: Strata

228 9373 HEMLOCK DRIVE

Richmond, BC V6Y0A9

$698,000

2 bed2 bath1 parking896 sqftBuilt 2008
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$525/mo
Annual property tax
$2,277.48 (2024)

Interior

Heating
Electric
Fireplace
None

Exterior & Lot

Pool
Indoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3133444
Listed
June 8, 2026
Time on market
On the market for 84 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

Welcome to Mandalay by award-winning Cressey, a rarely available concrete low-rise residence in the heart of Richmond. This bright south-facing home offers an ideal layout with two bedrooms and two bathrooms thoughtfully positioned on opposite sides of the living room for maximum privacy. Enjoy a comfortable open-concept living space with a cozy gas fireplace, perfect for everyday living or entertaining. The building offers over 6600SF Clubhouse includes an indoor swimming pool, extra large gym, extravagant lounge, and an outdoor BBQ pit on the roof top. This loving home is conveniently located within walking distance to Walmart, T&T and many restaurants. Don't miss this fantastic opportunity to own in one of Richmond´s most sought-after developments! (id:63159)

Values & Trends

This listing

$779/sqft

Building average

$769/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

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

11

1/9 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
Henry Anderson ElementaryElementary211 m
A.R. MacNeill SecondarySecondary436 m
William Cook ElementaryElementary625 m
General Currie ElementaryElementary1.4 km
Garden City ElementaryElementary1.6 km
R C Palmer SecondaryElementary1.6 km
Station StretchElementary1.7 km
Richmond SecondaryElementary1.7 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 Garden City Rd @ Cook Rd328 m
Eastbound Westminster Hwy @ Garden City Rd345 m
Southbound Garden City Rd @ Ferndale Rd353 m
Northbound Garden City Rd @ Ferndale Rd367 m
Southbound Garden City Rd @ Westminster Hwy410 m

Nearby Places

Parks (5+)

  • Katsura Neighbourhood Park98 m
  • Birch Neighbourhood Park297 m
  • Garden City Community Park385 m
  • MacNeill Neighbourhood School Park388 m
  • Garden City Lands · 5555 No. 4 Road690 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$558,400.00
Periodic payment — Principal & Interest (monthly)$3,602.61
Additional monthly expenses (strata, tax, utilities, etc.)$760.14
Total monthly cost$4,362.75
Interest paid over 5-yr term$160,039.05
Balance at end of term$502,282.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,800
Stress test qualifying rate8.09%
Payment you must qualify for$5,022.88

Cash Needed at Closing

Minimum down payment$44,800
Estimated BC PTT$11,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,260

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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