Property Type: Condo / ApartmentOwnership: Strata

808 6068 NO. 3 ROAD

Richmond, BC V6Y4M7

$518,000

1 bed1 bath1 parking705 sqftBuilt 2007
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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
$366/mo
Annual property tax
$1,919.43 (2025)

Interior

Heating
Natural gas
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3147865
Listed
July 20, 2026
Time on market
On the market for 42 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Spacious and bright 1-bedroom in prestigious Paloma 1, featuring stainless steel appliances, gas stove, granite countertops, breakfast bar, in-suite laundry, and fireplace. Includes 1 parking & 1 locker. Well-managed concrete high-rise, fitness centre, lounge/media room, rooftop garden, and party room. Maintenance fee covers heat, gas, hot water, and central air. Steps from Richmond Centre Mall, Canada Line, Public Market, restaurants. Perfect lifestyle condo-walk everywhere! Rental allowed, ideal for investors. (id:63159)

Values & Trends

This listing

$735/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

78

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 ElementaryElementary721 m
Station StretchElementary769 m
Richmond SecondaryElementary1.0 km
Samuel Brighouse ElementaryElementary1.1 km
General Currie ElementaryElementary1.2 km
Henry Anderson ElementaryElementary1.3 km
A.R. MacNeill SecondarySecondary1.5 km
Maple Hill School(Independent)Secondary1.6 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 No. 3 Rd @ Saba Rd29 m
Southbound No. 3 Rd @ Westminster Hwy56 m
Richmond-Brighouse Station @ Bay 689 m
Richmond-Brighouse Station @ Bay 4111 m
Richmond-Brighouse Station @ Bay 5126 m

Nearby Places

Restaurants (5+)

  • Xiang Chuan Mansion · 6091 Number 3 Road60 m
  • Tian Shi Fu Restaurant · 6111 Number 3 Road65 m
  • Converge Restaurant · 8033 Saba Road81 m
  • Hokkaido Ramen Santouka · 8010 Saba Road89 m
  • Silkway Halal Cuisine130 m

Cafes (5+)

  • Me Coffee&Tea · 6068 Number 3 Road21 m
  • Milka · 6111 Number 3 Road71 m
  • theVenti · 105-6011 Number 3 Road73 m
  • Waves Coffee House · 5951 Number 3 Road155 m
  • Bubble Fruity162 m

Grocery (5+)

  • Freshnote Market · 8211 Westminster Highway224 m
  • Lee Men Grocery · 8260 Westminster Highway224 m
  • Grand Value Asian Supermarket · 8251 Westminster Highway255 m
  • PriceSmart Foods · 8200 Ackroyd Road299 m
  • Happy Veggie World · 8291 Ackroyd Road392 m

Parks (4)

  • Lang (Saba/Buswell) Park · 8211 Saba Road197 m
  • Cook Neighbourhood School Park677 m
  • Minoru Park683 m
  • Unnamed782 m

Shopping (5+)

  • London Plaza180 m
  • CF Richmond Centre · 6551 Number 3 Road297 m
  • Muji · 6551 Number 3 Road405 m
  • Winners716 m
  • Lansdowne Centre722 m

Gyms (4)

  • Raincity Boxing & Fitness609 m
  • Overdrive Athletic Club638 m
  • F45 Training656 m
  • Hyperoo Boxing Gym675 m

Pharmacies (5+)

  • London Drugs · 5971 Number 3 Road166 m
  • Shoppers Drug Mart172 m
  • MJ's Pharmacy187 m
  • Ackroyd Pharmacy · 8100 Ackroyd Road228 m
  • ChemMart Pharmacy · 8171 Ackroyd Road325 m

Banks & ATMs (5+)

  • BMO · 6088 Number 3 Road42 m
  • BOC · 115-8060 Westminster Highway62 m
  • CIBC · 6011 Number 3 Road81 m
  • RBC · 6168 Number 3 Road96 m
  • Vancity114 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($26,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$414,400.00
Periodic payment — Principal & Interest (monthly)$2,673.57
Additional monthly expenses (strata, tax, utilities, etc.)$561.32
Total monthly cost$3,234.89
Interest paid over 5-yr term$118,768.23
Balance at end of term$372,754.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,800
Stress test qualifying rate8.09%
Payment you must qualify for$3,777.16

Cash Needed at Closing

Minimum down payment$26,800
Estimated BC PTT$8,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,660

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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