Location, location, location! Welcome to this beautifully updated top-floor, move-in ready 1-bedroom condo in the popular Chancellor Gate community, just steps from Richmond Centre, Canada Line SkyTrain, restaurants, parks, and everyday conveniences. Offering 670 sq. ft. of bright, functional living space, this home features a renovated bathroom, new flooring, fresh paint, modern pot lights, new appliances, and a versatile in-suite storage room/den. Enjoy resort-style amenities including an outdoor pool, hot tub, sauna, basketball court, and recreation hall. Maintenance fees include heat and hot water. Rentals allowed and cats welcome-an excellent opportunity for first-time buyers, downsizers, or investors.
Property details
1
Beds
1 full
Baths
676 ft²
Floor area
1980
Year built
1
Parking
$390/mo
Strata fee
$1,342/yr
Gross tax
Location & structure
Single Family
Type
Listed
June 22, 2026
Structure
Apartment
PID
001-794-213
Property highlights
Pool
Hot tub
Sauna
Storage locker
Building amenities
Shared laundry
Features & inclusions
Heating
Baseboard heaters, Hot Water
Parking
Underground, Visitor Parking
Lot
Elevator
Community
Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Tax year
2025
Listed by Dracco Pacific Realty. Last updated Jul 9, 2026, 9:05 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 $79,980 down (20%) on $399,900, 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.
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
Inventory mix
What this area trades in
Within 3 km of this listing · 1,328 listings
Condo / Apartment
822
61.9%
Detached
241
18.1%
Townhouse
233
17.5%
Land
19
1.4%
Duplex
5
0.4%
Other
8
0.6%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Richmond · 340 dwellings
Low-rise apartment300 · 88.2%
Row house40 · 11.8%
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 #59151145· Richmond· Transit 83/100 (867m to rapid)· 0.04 km²
Median rent here
$1,260
Owner shelter cost
$900
Renters
23.9%
30%+ on shelter
21.1%
Population (2021)
660
Median age
44.8
Avg household size
1.9
Avg household income
$72,000
Renters
23.9%
Owners
74.7%
Immigrants
64.8%
Post-secondary
53.9%
Avg home value
$432,000
Single status
34.8%
Not in labour force
29.7%
Households with kids
26.5%
Median rent
$1,260
Owner shelter cost
$900
30%+ on shelter
21.1%
Breakdown
Under $5,000
5
1.5%
$10,000 to $14,999
5
1.5%
$15,000 to $19,999
10
3.0%
$20,000 to $24,999
25
7.5%
$25,000 to $29,999
15
4.5%
$30,000 to $34,999
15
4.5%
$35,000 to $39,999
20
6.0%
$40,000 to $44,999
25
7.5%
$45,000 to $49,999
20
6.0%
$50,000 to $59,999
35
10.4%
$60,000 to $69,999
35
10.4%
$70,000 to $79,999
20
6.0%
$80,000 to $89,999
25
7.5%
$90,000 to $99,999
20
6.0%
$100,000 to $124,999
35
10.4%
$125,000 to $149,999
10
3.0%
$150,000 to $199,999
15
4.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151145).
Market story
Rent in Richmond
Census 2021 avg $1,260/mo here · Vancouver 1BR 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
