1011 8988 Patterson Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3133552

$499,000
Est. Mortgage $2,208/mo
1 Beds
1 Baths
540 sqft
924 $ /sqft
428.8 $ Maint. fee
2017 built
$499,000
$518,000
Est. $2,208/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 1011 8988 Patterson Road

Welcome to Unit 1011 at Concord Gardens Park Estates Il. Th.is bright west-facing 1 Bedroom+ Den home offers a functional open-concept layout with floor-to-ceiling windows that fill the space with natural light. Features include air conditioning, quartz countertops, premium integrated appliances, and modem finishes throughout.. Strata fees include heating, hot water, and natural gas. Enjoy exclusive access to the 20,000 sq. ft. Diamond Club with an indoor pool, hot tub, sauna, steam room, fitness centre, bowling alley, golf simulator, theatre room, study lounge, banquet facilities, and concierge. Conveniently located near Costco, restaurants, YVR Airport, and just a short walk to the Capstan SkyTrain Station.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Heating Type Hot Water
Cooling Central Air
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $499,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 540
Year Built 2017
Age Of Building 9
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Recreation Facilities, Gas, Heat, Management
Ownership Type Freehold Strata
Maintenance Fee $428.8
Amenities Nearby Recreation Facilities, Gas, Heat, Management
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest
Total Parking Spaces 0
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions

Lot & Land

MLS® # R3133552
Area Richmond
Neighbourhood West Cambie
City Richmond
Postal Code V6X 0R2
Gross Taxes $1,900.13
Zoning MFD

Property Timeline

Status Date Price
R3133552 / Active 06-08-2026 $499,000
Rooms
Floor Type Dimensions
Main Level Living Room 10'3 x 10'3 ft
Main Level Kitchen 10'3 x 10'3 ft
Main Level Bedroom 8'2 x 8'2 ft
Main Level Foyer 4'8 x 4'8 ft
Main Level Den 6'8 x 6'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: RE/MAX Masters Realty

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
A.R. MacNeill Secondary School
Average
3 km
6.9/10
Elementary
R. C. Talmey Elementary School
Above Average
0.62 km
7.3/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Pythagoras Academy
Above Average
0.96 km
8.4/10
Secondary
City Vancouver Academy
Average
0.78 km
4.3/10

Closest Transit

Bus Stop
Eastbound Bridgeport Rd @ Sexsmith Rd
0.2 km
Skytrain
Skytrain @ Bridgeport Stn
0.63 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
33.8%
No Certificate/Degree
Average
12.9%
Owner Occupied
Below Average
54.8%
Employment Rate
Below Average
52.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

41 / 100
Overall sell-speed score
May take longer
B
Price competition grade
Avg comparable: $488,022
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.63 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Possible — near airport
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WEST CAMBIE compares
This property
31 DOM
Very fast
West Cambie avg
54 DOM
Average
Richmond avg
54 DOM
Slower market

1011 8988 Patterson Road has a sell-speed score of 41/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 2.2% above comparable active properties in West Cambie. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.4% and an area average of 54 days on market — buyers have more leverage. With only 775 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6X 0R2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6X 0R2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~2 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Richmond currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Typical for region

Annual precipitation ~1117 mm (1981–2010 baseline), projected ~1159 mm by the 2050s. Extreme 1-day rainfall: ~39.9 mm baseline, ~44.4 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1011 8988 Patterson Road

Pre-computed routes from 1011 8988 Patterson Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Bridgeport → Waterfront
    30 min
  • Metrotown, Burnaby via Bridgeport → Metrotown
    48 min
  • SFU Burnaby via Bridgeport → Production Way
    55 min
  • Richmond Centre via Bridgeport → Brighouse
    17 min
  • YVR Airport via Bridgeport → YVR-Airport
    18 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    13 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    20 min
  • Richmond Centre via No. 3 Rd
    3 min
  • YVR Airport via Bridgeport / Sea Island
    5 min

Calculate your commute

1011 8988 Patterson Rd, Richmond, BC is ideally located for commuters. The property is 0.6 km from Bridgeport, with a 30 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Bridgeport Rd @ Sexsmith Rd (0.2 km). Walk Score Transit rating: Excellent Transit (74/100).

Walkability & Transit Near 1011 8988 Patterson Road

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 74

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
77

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 1011 8988 Patterson Road

/month
Principal & Interest
Property Taxes $158
Maintenance fee 428.8
A 20% down payment of $99,800 on this $499,000 listing yields an estimated mortgage of $1,906/month (30-year fixed, 4%). Total estimated housing cost: $2,493/month, $158 property tax, $429 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,933/month in estimated rental income against $2,551/month in mortgage payments, the monthly cashflow is -$618/month. A 46% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — West Cambie, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $499,000
Richmond Loading...
West Cambie Loading...

Based on 83 comparable active apartments/condos in West Cambie, the average asking price is $534,165. This listing is priced 6.6% below the neighbourhood average.

Data is based on list prices of similar active listings. 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1011 8988 Patterson Road

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 74

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
77

Bike Score - Very Bikeable

Biking is convenient for most trips

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