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About this home

3-bed 3-bath single family residence in Richmond, listed at $399,000.

Property details

Beds

3 full

Baths

1,375 ft²

Floor area

0 ft²

Lot size

1985

Year built

Storeys

Parking

$1,760/yr

Gross tax

Location & structure

Single Family Residence

Type

None

Basement

Carport

Richmond

Area

West Cambie

Sub-area

Floating Home

Style

Floating Home

Basement

None

Structure

Residential Detached

Features & inclusions

Appliances

Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Heating

Baseboard, Electric

Parking

Open, Front Access

Lot

Central Location, Marina Nearby, Recreation Nearby

Community

Gated, Shopping Nearby

Additional details

Common interest

Other

Main floor (ground)

649 ft²

Tax year

2026

Listed by Royal LePage Westside. Data from BCRES. Last updated Jul 8, 2026, 9:41 PM.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Mortgage estimate

Tax from listing

Est. monthly total

$2,142

/mo

Rate

Amortization

Principal and interest

$1,846

Property tax

$147

P&I

Tax

Down payment

$79,800 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $79,800 down (20%) on $399,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this 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.

Market story

Vancouver 3BR rent (est)

Estimated from the 2BR average · 3BR ≈ 2BR × 1.25 (CMHC RMR typical ratio)

$3,370

latest · Jan 2025

↑16.0%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

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

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

#201 – 8191 River Road

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Additional details

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