Welcome to REMY, a perfect opportunity for first-time buyers & investors seeking affordable ownership in a newer Richmond building with A/C. This bright, well-maintained studio offers a smart, efficient layout that comfortably accommodates living, sleeping, & work-from-home space. Modern kitchen w/ granite counters, s/s appliances, and ample cabinetry. Nearly 9’ ceilings and laminate flooring throughout. Year-round comfort with energy-efficient geothermal heating + cooling (A/C). Private 129 sf patio. Building amenities: fitness centre, on-site daycare. Centrally located-minutes to shopping, restaurants, parks, and transit, making this a high-demand, easy-to-rent property in a thriving neighbourhood. Affordable. Convenient. Move-in ready. 1 Parking Stall.
Property details
0
Beds
1 full
Baths
435 ft²
Floor area
2013
Year built
1
Storey
1
Parking
$348/mo
Strata fee
$1,265/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
Richmond
Area
West Cambie
Sub-area
Basement
None
Structure
Multi Family
Property highlights
Gym
In-suite laundry
Patio
Geothermal heating
Building amenities
Hot water incl.
Geothermal heat
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Baseboard, Electric
Parking
Underground, Front Access
Lot
Central Location, Recreation Nearby
Interior features
Elevator
Laundry
In Unit
Community
Shopping Nearby
Additional details
Common interest
Condominium
Main floor (ground)
435 ft²
Tax year
2025
Listed by Sutton Group-West Coast Realty. Data from BCRES. Last updated Jul 8, 2026, 11:11 AM.
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.
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 $78,000 down (20%) on $390,000, 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 · 1,075 listings
Condo / Apartment
766
71.3%
Townhouse
181
16.8%
Detached
101
9.4%
Land
16
1.5%
Multi-family
7
0.7%
Other
4
0.4%
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 · 1,040 dwellings
Low-rise apartment475 · 45.7%
High-rise apartment295 · 28.4%
Row house175 · 16.8%
Single-detached75 · 7.2%
Apartment in duplex15 · 1.4%
Semi-detached5 · 0.5%
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 #59150995· Richmond· Transit 78/100 (1116m to rapid)· 0.31 km²
Median rent here
$1,660
Owner shelter cost
$1,820
Renters
35.6%
30%+ on shelter
47.5%
Population (2021)
2,251
Median age
36.4
Avg household size
2.2
Avg household income
$79,800
Renters
35.6%
Owners
64.4%
Immigrants
66.7%
Post-secondary
61.6%
Avg home value
$736,000
Single status
27.5%
Not in labour force
30.0%
Households with kids
28.0%
Median rent
$1,660
Owner shelter cost
$1,820
30%+ on shelter
47.5%
Breakdown
Under $5,000
45
4.3%
$5,000 to $9,999
20
1.9%
$10,000 to $14,999
15
1.4%
$15,000 to $19,999
30
2.9%
$20,000 to $24,999
55
5.3%
$25,000 to $29,999
40
3.8%
$30,000 to $34,999
35
3.4%
$35,000 to $39,999
70
6.7%
$40,000 to $44,999
50
4.8%
$45,000 to $49,999
40
3.8%
$50,000 to $59,999
65
6.3%
$60,000 to $69,999
75
7.2%
$70,000 to $79,999
65
6.3%
$80,000 to $89,999
55
5.3%
$90,000 to $99,999
60
5.8%
$100,000 to $124,999
115
11.1%
$125,000 to $149,999
75
7.2%
$150,000 to $199,999
80
7.7%
$200,000 and over
50
4.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59150995).
Market story
Rent in Richmond
Census 2021 avg $1,660/mo here · Vancouver studio rent (est) 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
