Property Type: Condo / ApartmentOwnership: Strata

509 7888 SABA ROAD

Richmond, BC V6Y0A2

$618,000

2 bed2 bath1 parking835 sqftBuilt 2009
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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
$622/mo
Annual property tax
$2,420.26 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions
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®
R3154823
Listed
August 11, 2026
Time on market
On the market for 20 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: RA Realty Alliance Inc. · Data source: CREA DDF.

Description

LOCATION!LOCATION!LOCATION! Rare opportunity for the extra-spacious 2-bedroom+den&2-full-bathroom home in the heart of downtown Richmond! This desirable courtyard unit features a bright and efficient open-concept layout, with two exceptionally large balconies-perfect for outdoor dining, gardening, entertaining, or simply enjoying your own private outdoor space. Ideally located just steps from SkyTrain Station and Richmond Centre, with restaurants, banks, shopping, and everyday amenities all within walking distance. The thoughtfully designed floor plan offers excellent functionality for family living, featuring light wood flooring, granite countertops, and stainless-steel appliances. One parking stall included. Brighouse Elementary and Richmond Secondary School. You don't want to miss it! (id:63159)

Values & Trends

This listing

$740/sqft

Building average

$749/sqft

3 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

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

74

8/9 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 ElementaryElementary732 m
Station StretchElementary840 m
Richmond SecondaryElementary887 m
Samuel Brighouse ElementaryElementary998 m
General Currie ElementaryElementary1.1 km
Henry Anderson ElementaryElementary1.3 km
A.R. MacNeill SecondarySecondary1.5 km
Maple Hill School(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 532 m
Richmond-Brighouse Station @ Bay 452 m
Richmond-Brighouse Station @ Bay 372 m
Richmond-Brighouse Station @ Canada Line80 m
Richmond-Brighouse Station @ Platform 184 m

Nearby Places

Restaurants (5+)

  • Tian Shi Fu Restaurant · 6111 Number 3 Road71 m
  • Xiang Chuan Mansion · 6091 Number 3 Road83 m
  • Hokkaido Ramen Santouka · 8010 Saba Road100 m
  • Togo Sushi138 m
  • Converge Restaurant · 8033 Saba Road138 m

Cafes (5+)

  • Milka · 6111 Number 3 Road61 m
  • Starbucks94 m
  • Me Coffee&Tea · 6068 Number 3 Road106 m
  • CoCo Fresh Tea & Juice108 m
  • Blenz Coffee122 m

Grocery (5+)

  • Lee Men Grocery · 8260 Westminster Highway331 m
  • Freshnote Market · 8211 Westminster Highway344 m
  • Grand Value Asian Supermarket · 8251 Westminster Highway376 m
  • PriceSmart Foods · 8200 Ackroyd Road425 m
  • Sungiven Foods · 8119 Park Road439 m

Parks (5+)

  • Lang (Saba/Buswell) Park · 8211 Saba Road276 m
  • Minoru Park567 m
  • Cook Neighbourhood School Park677 m
  • Brighouse Park729 m
  • Unnamed765 m

Shopping (3)

  • CF Richmond Centre · 6551 Number 3 Road171 m
  • London Plaza244 m
  • Muji · 6551 Number 3 Road286 m

Gyms (4)

  • Raincity Boxing & Fitness622 m
  • Overdrive Athletic Club637 m
  • F45 Training680 m
  • Hyperoo Boxing Gym734 m

Pharmacies (5+)

  • Shoppers Drug Mart48 m
  • London Drugs · 5971 Number 3 Road242 m
  • McCue Pharmacy · 8120 Cook Road288 m
  • MJ's Pharmacy296 m
  • Ackroyd Pharmacy · 8100 Ackroyd Road353 m

Banks & ATMs (5+)

  • RBC · 6168 Number 3 Road64 m
  • Coast Capital Savings82 m
  • BMO · 6088 Number 3 Road96 m
  • Scotiabank · 6300 Number 3 Road114 m
  • CIBC · 6011 Number 3 Road153 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($36,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$494,400.00
Periodic payment — Principal & Interest (monthly)$3,189.70
Additional monthly expenses (strata, tax, utilities, etc.)$866.12
Total monthly cost$4,055.82
Interest paid over 5-yr term$141,696.46
Balance at end of term$444,714.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,469.22

Cash Needed at Closing

Minimum down payment$36,800
Estimated BC PTT$10,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,660

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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