Property Type: Condo / ApartmentOwnership: Strata

305 7459 MOFFATT ROAD

Richmond, BC V6Y1X9

$698,000

2 bed2 bath1 parking1,085 sqftBuilt 1987
Get Directions

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$448/mo
Annual property tax
$2,197.29 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
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®
R3124623
Listed
May 19, 2026
Time on market
On the market for 104 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome to this bright and spacious TOP FLOOR 2 bedroom, 2 bath home in Colony Bay, with over 1,000 square ft of comfortable living space. Vaulted ceilings in the living room allows an abundance of natural light, with private north-facing tree-lined views. Recent updates include brand new luxury vinyl flooring, stove, hood fan, and dishwasher. Both bedrooms are generously sized, with access to the balcony including from the living room. This well-cared-for building was fully rainscreened and re-piped in 2024. Includes 1 secured parking stall, with a locker currently rented for just $20/month. Located just steps from Rmd Centre, Brighouse Library, Minoru Centre for Active Living, Minoru Track, transit, Richmond Secondary and Ferris Elementary. (id:63159)

Values & Trends

This listing

$643/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

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

11

3/9 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 SecondaryElementary387 m
W D Ferris ElementaryElementary523 m
Blundell ElementaryElementary728 m
General Currie ElementaryElementary847 m
Samuel Brighouse ElementaryElementary1.0 km
St Paul School(Independent)Elementary1.1 km
R C Palmer SecondaryElementary1.3 km
Donald E McKay ElementaryElementary1.5 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 @ Donald Rd200 m
Southbound Gilbert Rd @ Donald Rd217 m
Southbound Gilbert Rd @ Mang Rd243 m
Northbound Gilbert Rd @ Mang Rd279 m
Westbound Blundell Rd @ Moffatt Rd313 m

Nearby Places

Grocery (1)

  • Blundell Market · 7791 Number 3 Road632 m

Parks (4)

  • Ferris Neighbourhood School Park · 7520 Sunnymede Crescent508 m
  • Garatt Park663 m
  • Brighouse Park667 m
  • Blundell Park · 6480 Blundell Road772 m

Banks & ATMs (1)

  • TD · 7008 Number 3 Road788 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.)$685.11
Total monthly cost$4,287.71
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.

Request more information