Property Type: Condo / ApartmentOwnership: Strata

502 8238 SABA ROAD

Richmond, BC V6Y4C7

$579,900

2 bed2 bath1 parking942 sqftBuilt 1997
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$406/mo
Annual property tax
$2,174.92 (2025)

Interior

Heating
Electric
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®
R3152545
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Spacious 2-bedroom, 2-bathroom condo in the heart of Richmond. Featured with functional living space, floor-to-ceiling windows bringing in plenty of natural light. Enjoy an unbeatable central location just steps from the SkyTrain, TransLink bus services, Richmond Centre, Richmond Public Market, restaurants, shops, groceries and other everyday conveniences. Includes 1 parking stall and 1 storage locker. (id:63159)

Values & Trends

This listing

$616/sqft

Building average

$576/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

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

70

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 ElementaryElementary500 m
Station StretchElementary948 m
Henry Anderson ElementaryElementary1.0 km
Richmond SecondaryElementary1.0 km
General Currie ElementaryElementary1.1 km
A.R. MacNeill SecondarySecondary1.3 km
Samuel Brighouse ElementaryElementary1.3 km
City Vancouver Academy(Independent)Secondary1.7 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
Richmond-Brighouse Station @ Bay 6178 m
Richmond-Brighouse Station @ Bay 2230 m
Richmond-Brighouse Station @ Platform 1233 m
Richmond-Brighouse Station @ Canada Line238 m
Richmond-Brighouse Station @ Bay 4239 m

Nearby Places

Restaurants (5+)

  • Phở M&K Vietnamese House · 8191 Saba Road72 m
  • Obanhmi · 6211 Buswell Street75 m
  • Silkway Halal Cuisine116 m
  • YM Food LTD HK Style BBQ · 8260 Westminster Highway125 m
  • Afghan Chopan Restaurant151 m

Cafes (5+)

  • Matcha Cafe Maiko · 8279 Saba Road32 m
  • Bubble Fruity76 m
  • Mr. Mango · 8260 Westminster Highway85 m
  • Peanut's Bubble Tea · 8260 Westminster Highway119 m
  • Eggette House152 m

Grocery (5+)

  • Lee Men Grocery · 8260 Westminster Highway142 m
  • Freshnote Market · 8211 Westminster Highway207 m
  • Grand Value Asian Supermarket · 8251 Westminster Highway232 m
  • PriceSmart Foods · 8200 Ackroyd Road310 m
  • Happy Veggie World · 8291 Ackroyd Road409 m

Parks (3)

  • Lang (Saba/Buswell) Park · 8211 Saba Road54 m
  • Cook Neighbourhood School Park465 m
  • Unnamed585 m

Shopping (5+)

  • London Plaza399 m
  • CF Richmond Centre · 6551 Number 3 Road408 m
  • Muji · 6551 Number 3 Road457 m
  • Lansdowne Centre767 m
  • Winners798 m

Pharmacies (5+)

  • MJ's Pharmacy138 m
  • McCue Pharmacy · 8120 Cook Road296 m
  • Ackroyd Pharmacy · 8100 Ackroyd Road307 m
  • Shoppers Drug Mart308 m
  • London Drugs · 5971 Number 3 Road379 m

Banks & ATMs (5+)

  • BMO · 6088 Number 3 Road219 m
  • RBC · 6168 Number 3 Road226 m
  • Scotiabank · 6300 Number 3 Road232 m
  • BOC · 115-8060 Westminster Highway240 m
  • Vancity290 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Other Listings in This Building

Other units currently listed in the same building. 502 8238 SABA ROAD

View building profile →
Built 1997

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,920.00
Periodic payment — Principal & Interest (monthly)$2,993.05
Additional monthly expenses (strata, tax, utilities, etc.)$633.79
Total monthly cost$3,626.85
Interest paid over 5-yr term$132,960.81
Balance at end of term$417,297.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,205.55

Cash Needed at Closing

Minimum down payment$32,990
Estimated BC PTT$9,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,088

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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