Richmond · V7E 2C6
$6,576/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Welcome to OTTO by Tera Living, a nearly new Pacific Northwest-inspired 3-bedroom duplex in desirable Southwest Richmond featuring a well-sought-after layout with versatile ground floor space ideal for an open office, recreation room, or flex use, huge bedrooms with impressive 13-foot ceilings, over-height ceilings throughout, AC, engineered hardwood flooring, recessed lighting, private frontyard, and side-by-side garage with high ceilings for extra storage, gourmet kitchen with Bosch gas cooktop, built-in Bosch wall oven, smart-home equipped stainless steel refrigerator, and elegant stone countertops, all conveniently located near shopping, parks, and within the catchment of top-ranked Wowk Elementary School and Steveston-London Secondary School, two of Richmond’s most sought-after school
3
Beds
3 full
Baths
1,421 ft²
Floor area
2023
Year built
3
Storeys
2
Parking
$5,008/yr
Gross tax
Townhouse
Type
None
Basement
Yes
Garage
No
Carport
Richmond
Area
Lackner
Sub-area
3 Storey
Style
Style
3 Storey
Basement
None
Structure
Residential Attached
Property highlights
Balcony
High ceilings
Meeting/Party Room
Gas range
Hardwood floors
Features & inclusions
Heating
Electric, Heat Pump
Parking
Garage Double
Common interest
Condominium
Levels
Three Or More
Main floor (ground)
480 ft²
Tax year
2025
Nearby & Commute
13 min
walk to FreshCo
13 min
bike to Richmond–Brighouse
45 min
walk to Richmond–Brighouse
37 min
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 41%
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$6,576
Principal and interest
Calculated estimate
$6,009
Property tax
Listing data
$417/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,299,000
Down payment
Calculated estimate
$259,800 (20%)
Estimated mortgage
Calculated estimate
$1,039,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Using listing data
Est. monthly total
$6,576
/mo
Rate
%
Amortization
Principal and interest
$6,009
Property tax
$417
P&I
Tax
Down payment
$259,800 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $259,800 down (20%) on $1,299,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
| Condo / Apartment | 421 | 40.5% |
| Detached | 402 | 38.7% |
| Townhouse | 188 | 18.1% |
| Duplex | 10 | 1.0% |
| Land | 8 | 0.8% |
| Other | 10 | 1.0% |
| Under $5,000 | 5 | 2.6% |
| $20,000 to $24,999 | 10 | 5.1% |
| $25,000 to $29,999 | 5 | 2.6% |
| $30,000 to $34,999 | 5 | 2.6% |
| $35,000 to $39,999 | 5 | 2.6% |
| $40,000 to $44,999 | 5 | 2.6% |
| $45,000 to $49,999 | 10 | 5.1% |
| $50,000 to $59,999 | 10 | 5.1% |
| $60,000 to $69,999 | 15 | 7.7% |
| $70,000 to $79,999 | 15 | 7.7% |
| $80,000 to $89,999 | 5 | 2.6% |
| $90,000 to $99,999 | 15 | 7.7% |
| $100,000 to $124,999 | 25 | 12.8% |
| $125,000 to $149,999 | 15 | 7.7% |
| $150,000 to $199,999 | 20 | 10.3% |
| $200,000 and over | 30 | 15.4% |
