Property Type: Condo / ApartmentOwnership: Strata

231 8620 JONES ROAD

Richmond, BC V6Y3Z4

$398,800

1 bed1 bath1 parking665 sqftBuilt 1993
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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
$271/mo
Annual property tax
$1,392.48 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View
Pool
Indoor pool

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed
Rentals
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®
R3134428
Listed
June 10, 2026
Time on market
On the market for 83 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

LOOK NO FURTHER! BEST VALUE in Central Richmond and PERFECT FOR FIRST-TIME HOME BUYERS, downsizers, or investors! This MOVE-IN READY 665 SF 1 BEDROOM home offers an excellent layout, LOW STRATA FEES, and tasteful updates throughout. Featuring stylish laminate flooring, fresh paint, and a bright, functional living space, this home is ready for immediate occupancy. Enjoy a spacious living and dining area, well-appointed kitchen, and generous bedroom with a WALK-IN closet. Well-maintained & proactive strata/building. STEPS to RC, retail, shopping, restaurants, parks, schools, transit, Canada Line with easy access to all of Richmond´s amenities. An incredible opportunity to own a beautifully updated home in a prime location at an exceptional value! 1 PARKING. OPEN HOUSE JUNE 13/14 SAT/SUN 2-4PM (id:63159)

Values & Trends

This listing

$600/sqft

Building average

$568/sqft

1 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

Partly Cloudy

14°C

Partly Cloudy

Humidity 100%

Wind ESE 12 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

52

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
R C Palmer SecondaryElementary276 m
St Paul School(Independent)Elementary405 m
Garden City ElementaryElementary413 m
General Currie ElementaryElementary415 m
Howard De Beck ElementaryElementary1.0 km
William Cook ElementaryElementary1.0 km
Richmond SecondaryElementary1.1 km
W D Ferris 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 Garden City Rd @ Jones Rd287 m
Northbound Garden City Rd @ Blundell Rd293 m
Southbound Garden City Rd @ Blundell Rd302 m
Northbound Garden City Rd @ Jones Rd328 m
Southbound Garden City Rd @ General Currie Rd400 m

Nearby Places

Restaurants (5+)

  • Master Hung BBQ & Won Ton · 8780 Blundell Road288 m
  • Myomi Sushi · 8780 Blundell Road301 m
  • Royal Seafood Restaurant · 8040 Garden City Road344 m
  • DAAN Korean Cuisine · 9040 Blundell Road352 m
  • Uncle Sal's Shawarma · 9040 Blundell Road372 m

Cafes (4)

  • Jane's Tea Garden · 8780 Blundell Road297 m
  • Blenz Coffee · 9040 Blundell Road364 m
  • Azure Play Cafe · 9100 Garden City Road429 m
  • Chatime · 9100 Blundell Road440 m

Grocery (2)

  • Save-On-Foods · 9100 Blundell Road467 m
  • Blundell Market · 7791 Number 3 Road570 m

Parks (3)

  • Palmer/Garden City Neighbourhood School Park344 m
  • General Currie Neighbourhood School Park410 m
  • Paulik Neighbourhood Park · 7620 Heather Street609 m

Gyms (1)

  • Fit4Less · 9100 Garden City Road433 m

Pharmacies (2)

  • HealthCare Pharmacy · 8780 Blundell Road279 m
  • Shoppers Drug Mart · 9100 Blundell Road479 m

Banks & ATMs (2)

  • CIBC · 9100 Blundell Road464 m
  • BDC · 8100 Granville Avenue778 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Other Listings in This Building

Other units currently listed in the same building. 231 8620 JONES ROAD

View building profile →
Built 1993

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,940) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,040.00
Periodic payment — Principal & Interest (monthly)$2,058.34
Additional monthly expenses (strata, tax, utilities, etc.)$419.66
Total monthly cost$2,478.00
Interest paid over 5-yr term$91,437.78
Balance at end of term$286,977.51

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,940
Stress test qualifying rate8.09%
Payment you must qualify for$2,913.30

Cash Needed at Closing

Minimum down payment$19,940
Estimated BC PTT$5,976
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,416

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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