Property Type: TownhouseOwnership: Strata

5 8428 PARK ROAD

Richmond, BC V6Y0K1

$1,149,000

3 bed3 bath1 parking1,488 sqftBuilt 2024
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$941/mo
Annual property tax
$4,768.22 (2025)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

Lot features
Central location, Elevator

Building

Parcel ID (PID)
032-159-382

Parking

Total spaces
1 — uncovered indicated
Features
Visitor Parking

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®
R3063754
Listed
October 31, 2025
Time on market
On the market for 304 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

Welcome home to LUXIO on the Park - Absolute value in this Brand New 3 Bedroom & flex/den townhome, 2.5 Baths 1,488 sf at - In the heart of central Richmond, situated in a quiet location conveniently at Park & Cooney. Be at the centre of premium shopping, restaurants, transit hub, Brighouse Skytrain, Richmond Centre mall, the new Sungiven grocery store, & steps to Cook elementary school. Primary bedroom is located on top floor with an approx 300 sqft deck with north facing views. Enjoy year round comfort with heat pump heating & cooling. Spacious kitchen with large island featuring a gas range and Bosch/Fisher Paykel appliance package and outdoor bbq gas hookup. Ready to move-in now! Eligible FTHB can avail the GST New Housing Rebate Program. Open House Sat/Sun Aug 28 & 29, 2:00-4:00pm (id:63159)

Values & Trends

This listing

$772/sqft

Building average

$897/sqft

6 active listing(s)

Richmond average

$757/sqft

349 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.

Townhouse Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$1,035,200

Jul 2026

Average Sale Price

$995,218

Jul 2026

Monthly Sales

70

Jul 2026

Active Listings

395

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

24 days

Jul 2026

MLS® HPI Benchmark Price

$1,174,700
$939,500
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

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
William Cook ElementaryElementary202 m
General Currie ElementaryElementary689 m
Henry Anderson ElementaryElementary800 m
Richmond SecondaryElementary916 m
A.R. MacNeill SecondarySecondary988 m
R C Palmer SecondaryElementary1.2 km
St Paul School(Independent)Elementary1.3 km
Garden City ElementaryElementary1.3 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
Westbound Granville Ave @ Cooney Rd194 m
Eastbound Cook Rd @ Eckersley Rd209 m
Eastbound Granville Ave @ St. Albans Rd221 m
Westbound Cook Rd @ Cooney Rd246 m
Eastbound Granville Ave @ Buswell St284 m

Nearby Places

Restaurants (5+)

  • Redbud Restaurant · 8360 Granville Avenue272 m
  • Sea Fortune Restaurant · 8360 Granville Avenue296 m
  • Wing Kee Restaurant · 8260 Granville Avenue300 m
  • Deer One Hotpot · 8119 Park Road302 m
  • Kumare Restaurant & Bakery · 8130 Park Road312 m

Cafes (5+)

  • Hui Lau Shan259 m
  • Prunus · 6833 Buswell Street265 m
  • Tea Origin · 6833 Buswell Street298 m
  • Momo Tanghulu · 6533 Buswell Street310 m
  • Cafe & Life Co. · 6833 Buswell Street320 m

Grocery (5+)

  • Sungiven Foods · 8119 Park Road331 m
  • Wah Shang Supermarket · 8108 Park Road337 m
  • Lee Men Grocery · 8260 Westminster Highway625 m
  • Freshnote Market · 8211 Westminster Highway694 m
  • Grand Value Asian Supermarket · 8251 Westminster Highway714 m

Parks (5+)

  • Unnamed114 m
  • Cook Neighbourhood School Park131 m
  • Lang (Saba/Buswell) Park · 8211 Saba Road547 m
  • Brighouse Park600 m
  • Garden City Community Park619 m

Shopping (2)

  • Muji · 6551 Number 3 Road570 m
  • CF Richmond Centre · 6551 Number 3 Road642 m

Pharmacies (4)

  • Chemmart Pharmacy · 6633 Buswell Street266 m
  • McCue Pharmacy · 8120 Cook Road389 m
  • MJ's Pharmacy630 m
  • Shoppers Drug Mart635 m

Banks & ATMs (5+)

  • BDC · 8100 Granville Avenue396 m
  • Industrial And Commercial Bank Of China (Canada) · 6740 Number 3 Road424 m
  • RBC · 6400 Number 3 Road450 m
  • TD · 7008 Number 3 Road477 m
  • Scotiabank · 6300 Number 3 Road541 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,200.00
Periodic payment — Principal & Interest (monthly)$5,930.37
Additional monthly expenses (strata, tax, utilities, etc.)$1,412.59
Total monthly cost$7,342.96
Interest paid over 5-yr term$263,445.36
Balance at end of term$826,823.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,144.11

Cash Needed at Closing

Minimum down payment$89,900
Estimated BC PTT$20,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,380

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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