Location! Location! Location! South-facing! Welcome to Park Residence on Minoru Blvd, directly across from Richmond Centre. This rare high-floor corner 06 plan features bright South and West city views and a spacious, well-designed layout. Offering 2 bedrooms, 2 bathrooms, in-suite storage, and a good-sized balcony perfect for BBQ. Equipped with air conditioning, engineered hardwood flooring, quartz countertops, gas cooktop, and a newer dishwasher (replaced one year ago). Includes 1 secure parking stall. Unbeatable central Richmond location-just steps to Canada Line, Richmond Centre, restaurants, public library, Minoru Park, swimming facilities, and community centre. Perfect for both living and investment!
Property details
2
Beds
2 full
Baths
933 ft²
Floor area
2016
Year built
1
Parking
$630/mo
Strata fee
$2,878/yr
Gross tax
Location & structure
Single Family
Type
Listed
June 12, 2026
Structure
Apartment
PID
030-009-138
Property highlights
City view
Balcony
Air conditioning
Underground parking
Gas range
Hardwood floors
Building amenities
In-suite laundry
Features & inclusions
Appliances
All
Heating
Baseboard heaters, Electric
Cooling
Air Conditioned
Parking
Underground
Lot
Elevator
Additional details
Common interest
Condo/Strata
Tax year
2025
Listed by Nu Stream Realty Inc.. Last updated Jul 9, 2026, 5:05 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
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 $171,600 down (20%) on $858,000, 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 1,368 listings
Condo / Apartment
828
60.5%
Detached
275
20.1%
Townhouse
236
17.3%
Land
17
1.2%
Duplex
5
0.4%
Other
7
0.5%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Richmond · 1,490 dwellings
High-rise apartment1,375 · 92.3%
Low-rise apartment110 · 7.4%
Single-detached5 · 0.3%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59153529· Richmond· Transit 88/100 (593m to rapid)· 0.43 km²
Median rent here
$1,270
Owner shelter cost
$820
Renters
53.1%
30%+ on shelter
47.7%
Population (2021)
2,834
Median age
61.6
Avg household size
1.8
Avg household income
$54,900
Renters
53.1%
Owners
47.2%
Immigrants
74.5%
Post-secondary
57.2%
Avg home value
$555,000
Single status
21.9%
Not in labour force
60.4%
Households with kids
17.4%
Median rent
$1,270
Owner shelter cost
$820
30%+ on shelter
47.7%
Breakdown
Under $5,000
65
4.4%
$5,000 to $9,999
30
2.0%
$10,000 to $14,999
30
2.0%
$15,000 to $19,999
60
4.0%
$20,000 to $24,999
255
17.1%
$25,000 to $29,999
110
7.4%
$30,000 to $34,999
80
5.4%
$35,000 to $39,999
115
7.7%
$40,000 to $44,999
95
6.4%
$45,000 to $49,999
60
4.0%
$50,000 to $59,999
120
8.1%
$60,000 to $69,999
105
7.0%
$70,000 to $79,999
70
4.7%
$80,000 to $89,999
70
4.7%
$90,000 to $99,999
45
3.0%
$100,000 to $124,999
75
5.0%
$125,000 to $149,999
35
2.3%
$150,000 to $199,999
40
2.7%
$200,000 and over
30
2.0%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153529).
Market story
Rent in Richmond
Census 2021 avg $1,270/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
