Richmond · V6Y 0K1
$5,063/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Welcome home to LUXIO on the Park - Absolute Value in this Brand New Corner 3 Bedroom, 2 Bath condo sized at 1,112 sf with a NE exposure - In the heart of central Richmond, situated in a quiet location conveniently at Park & Cooney. Be at the centre of premium shopping, restaurants, transit hub, Brighouse Skytrain, Richmond Centre mall, the new Sungiven grocery store, & steps to Cook elementary school. Enjoy year round comfort w/ heat pump heating and cooling. Gourmet kitchen featuring a gas range and Bosch/Fisher Paykel appliance package. Collection of 1, 2, 3 Bed Homes - Ready to move-in now! Eligible FTHB's can avail the GST New Housing Rebate Program! Open House Sat/Sun Aug 22 & 23, 2:00-4:00pm
Buy / sell history for Unit 202 – 8428 Park Road, Richmond (Apartment/Condo)
Market
Balanced
Buyer’s market
Balanced
Seller’s market
Richmond Apartment: 14.7% sales-to-active ratio (balanced market).
3
Beds
1,112 ft²
Floor area
2024
Year built
Apartment/Condo
Type
Richmond
Area
Listed
October 31, 2025
Estimate
Unit 202 – 8428 Park Road, Richmond (Apartment/Condo)
Estimated value
?Estimated rent
?Rental yield
?School
iGrowth
iRental
i$999,000 is 50.9% above the Richmond Apartment HPI benchmark of $662,200 (2026-04-01).
A few details are member-only
Room-by-room dimensions, the level-by-level area split, construction & systems, zoning, PID and legal. Free to reveal with an account.
Space & layout
Finished area
1,112ft²
Level-by-level split
MemberRoom by room
Main floor
Living Room
Kitchen
Dining Room
Primary Bedroom
Basement
Bedroom
Recreation Room
Construction & systems
Construction
Foundation
Roof
Flooring
Water
Sewer
Utilities
Lot, zoning & legal
Zoning
Legal description
Nearby & Commute
6 min
walk to Sungiven Foods
3 min
bike to Richmond–Brighouse
9 min
walk to Richmond–Brighouse
32 min
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 62%
| Condo / Apartment | 834 | 62.1% |
| Detached | 255 | 19.0% |
| Townhouse | 216 | 16.1% |
| Land | 20 | 1.5% |
| Half-duplex | 8 | 0.6% |
| Other | 10 | 0.7% |
| Under $5,000 | 30 | 3.6% |
| $5,000 to $9,999 | 10 | 1.2% |
| $10,000 to $14,999 | 15 | 1.8% |
| $15,000 to $19,999 | 20 | 2.4% |
| $20,000 to $24,999 | 45 | 5.4% |
| $25,000 to $29,999 | 40 | 4.8% |
| $30,000 to $34,999 | 50 | 6.0% |
| $35,000 to $39,999 | 40 | 4.8% |
| $40,000 to $44,999 | 40 | 4.8% |
| $45,000 to $49,999 | 35 | 4.2% |
| $50,000 to $59,999 | 75 | 9.0% |
| $60,000 to $69,999 | 70 | 8.4% |
| $70,000 to $79,999 | 60 | 7.2% |
| $80,000 to $89,999 | 50 | 6.0% |
| $90,000 to $99,999 | 40 | 4.8% |
| $100,000 to $124,999 | 65 | 7.8% |
| $125,000 to $149,999 | 45 | 5.4% |
| $150,000 to $199,999 | 65 | 7.8% |
| $200,000 and over | 35 | 4.2% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$5,063
Principal and interest
Calculated estimate
$4,621
Property tax
Calculated estimate
$292/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$999,000
Down payment
Calculated estimate
$199,800 (20%)
Estimated mortgage
Calculated estimate
$799,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Original list price
$1,048,950
Mortgage estimate
Metro averages
Est. monthly total
$5,063
/mo
Rate
%
Amortization
Principal and interest
$4,621
Property tax (est.)
$292
P&I
Tax
Down payment
$199,800 (20%)
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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 $199,800 down (20%) on $999,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
At 3.1937 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Daily mean across the year.
On the drier side for BC.
Snow is the exception here.
Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
