214 8031 Ryan Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3134368

$228,000
Est. Mortgage $1,009/mo
Mayfair Court
1 Beds
1 Baths
675 sqft
338 $ /sqft
1974 built
$228,000
Est. $1,009/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 214 8031 Ryan Road

A very very beautiful & cozy leasehold apartment in prestigious Mayfair Court. Quiet and Bright facing south. South patio with thermos sliding doors. New window sills, new railings , new roof & new paint. Very convenient location: Fresh Co & TD, RBC, West Coast Bank, many restaurants, post-office, etc. right across the street. Bus-stops steps away. Maintenance fee includes: property tax, heat, water, hot water, City utility fee. Well managed leasehold until 2088. Walking distance to Hugh Roberts Secondary and William Bridge Elementary. Good for investor and the first time home buyers.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove, Range Top
Fireplace 0
Heating Type Baseboard, Hot Water
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Structures Multi Family, Residential Attached

Building Details

Price $228,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 675
Year Built 1974
Age Of Building 52
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Taxes, Water
Building Name Mayfair Court
Ownership Type Leasehold not prepaid-NonStrata
Maintenance Fee $614
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Taxes, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Open
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No

Lot & Land

MLS® # R3134368
Area Richmond
Neighbourhood South Arm
City Richmond
Postal Code V5P 1R8
Gross Taxes 0
Zoning MFD

Property Timeline

Status Date Price
R3134368 / Active 06-09-2026 $228,000
R2621644 / Terminated 09-28-2021 $279,800
Rooms
Floor Type Dimensions
Main Level Living Room 18'0 x 18'0 ft
Main Level Dining Room 9'0 x 9'0 ft
Main Level Kitchen 8'0 x 8'0 ft
Main Level Bedroom 12'0 x 12'0 ft
Main Level Storage 6'0 x 6'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Latitude Realty Inc.

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
Hugh McRoberts Secondary School
Above Average
0.72 km
8/10
Elementary
William Bridge Elementary School
Above Average
0.41 km
8.1/10

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

Private Schools

Elementary
Ark Elementary Montessori Reggio School
1.09 km
Secondary
Maple Hill School
Average
3.07 km
5.6/10

Closest Transit

Bus Stop
Southbound No. 3 Rd @ Williams Rd
0.09 km
Skytrain
Skytrain @ Brighouse Stn
3.08 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
32.9%
No Certificate/Degree
Below Average
12.3%
Owner Occupied
Below Average
50%
Employment Rate
Above Average
70.4%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

42 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.08 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SOUTH ARM compares
This property
30 DOM
Very fast
South Arm avg
54 DOM
Average
Richmond avg
54 DOM
Slower market

214 8031 Ryan Road has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. 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 V5P 1R8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5P 1R8, 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 4.3 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Richmond South, Richmond (~2 km). Annual avg AQHI 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 214 8031 Ryan Road

Pre-computed routes from 214 8031 Ryan Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    65 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    83 min
  • SFU Burnaby via Brighouse → Production Way
    90 min
  • Richmond Centre
    40 min
  • YVR Airport via Brighouse → YVR-Airport
    53 min

By car (off-peak)

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

Calculate your commute

214 8031 Ryan Rd, Richmond, BC is ideally located for commuters. The property is 3.1 km from Brighouse, with a 65 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound No. 3 Rd @ Williams Rd (0.09 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 214 8031 Ryan Road

Walk Score Badge
Car-Dependent 74

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
61

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 214 8031 Ryan Road

/month
Principal & Interest
Property Taxes $0
Maintenance fee 614
Based on a 30-year fixed at 4% interest with 20% down ($45,600), the estimated monthly payment for this listing is $1,485/month — $871 principal & interest, $614 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
At an estimated rental income of $1,259/month, this property runs a $283/month shortfall after mortgage and carrying costs. Break-even requires approximately 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — South Arm, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $228,000
Richmond Loading...
South Arm Loading...

Based on 4 comparable active apartments/condos in South Arm, the average asking price is $352,000. This listing is priced 35.2% 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 214 8031 Ryan Road

Walk Score Badge
Car-Dependent 74

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
61

Bike Score - Bikeable

Some bike infrastructure

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