218 8540 Citation Dr, Richmond BC - Apartment/Condo for Sale - MLS# R3129508

$439,000
Est. Mortgage $1,942/mo
Belmont Park
2 Beds
1 Baths
845 sqft
520 $ /sqft
398.49 $ Maint. fee
1979 built
$439,000
Est. $1,942/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

Photos

Property Details for 218 8540 Citation Drive

Perfect for investment or first time buyers with family. MOVE-IN READY and a MUST SEE... packed with value! Spacious 2-bedroom home with updated laminate & tile flooring throughout. Oversized primary bedroom with walk-in closet plus a generously sized second bedroom. Tons of in-suite storage plus bonus balcony storage room. Covered parking included. Incredible CENTRAL Richmond location easy walk to Richmond Centre, Brighouse SkyTrain, Cook Elementary & MacNeill Secondary. LOW maintenance fees INCLUDE hot water heat. Well-managed complex with roof & piping already replaced. Resort-style amenities include outdoor pool, basketball courts, billiards, ping pong & huge rec centre. 2 cats allowed. Flexible possession dates. Easy to show! (4 photos virtually staged.)

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 0
Heating Type Baseboard, Hot Water
Laundry Common Area
# of Kitchens 1
Foundation Slab

Exterior Features

Exterior Features Tennis Court(s), Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $439,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 845
Year Built 1979
Age Of Building 47
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities
Building Name Belmont Park
Ownership Type Freehold Strata
Maintenance Fee $398.49
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, No Dogs, Number Limit (Two), Yes With Restrictions
Units In Development 74

Lot & Land

MLS® # R3129508
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6Y 3A3
Gross Taxes $1,428.82
Zoning 025*

Property Timeline

Status Date Price
R3129508 / Active 05-27-2026 $439,000
R3072462 / Terminated 12-05-2025 $459,000
R3027179 / Terminated 07-15-2025 $479,000
R2944811 / Terminated 11-15-2024 $518,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'2 x 15'2 ft
Main Level Dining Room 8'8 x 8'8 ft
Main Level Kitchen 7'8 x 7'8 ft
Main Level Primary Bedroom 14'7 x 14'7 ft
Main Level Bedroom 13'0 x 13'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: RE/MAX Westcoast

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
0.93 km
6.9/10
Elementary
William Cook Elementary School
Average
0.19 km
6.2/10

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

Private Schools

Elementary
St.Paul School
Above Average
1.21 km
8.4/10
Secondary
Maple Hill School
Average
0.63 km
5.6/10

Closest Transit

Bus Stop
Eastbound Granville Ave @ 8700 Block
0.15 km
Skytrain
Skytrain @ Brighouse Stn
0.78 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
32.5%
No Certificate/Degree
Average
12.9%
Owner Occupied
Average
66.7%
Employment Rate
Average
63.3%

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

43 / 100
Overall sell-speed score
May take longer
B
Price competition grade
Avg comparable: $449,887
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.78 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 BRIGHOUSE compares
This property
44 DOM
Average
Brighouse avg
54 DOM
Average
Richmond avg
54 DOM
Slower market

218 8540 Citation Drive has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 2.5% below comparable active properties in Brighouse, which is a strong competitive signal. 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 V6Y 3A3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Y 3A3, 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 (~2.9 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 218 8540 Citation Drive

Pre-computed routes from 218 8540 Citation Dr, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    37 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    55 min
  • SFU Burnaby via Brighouse → Production Way
    62 min
  • Richmond Centre
    12 min
  • YVR Airport via Brighouse → YVR-Airport
    25 min

By car (off-peak)

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

Calculate your commute

218 8540 Citation Dr, Richmond, BC is ideally located for commuters. The property is 0.8 km from Brighouse, with a 37 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Granville Ave @ 8700 Block (0.15 km). Walk Score Transit rating: Excellent Transit (75/100).

Walkability & Transit Near 218 8540 Citation Drive

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 75

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
74

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 218 8540 Citation Drive

/month
Principal & Interest
Property Taxes $119
Maintenance fee 398.49
With a 20% down payment, buyers can expect an estimated $2,194/month in total housing costs on this $439,000 property — $1,677 mortgage payment, $119 property tax, $398 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
Based on $1,701/month estimated rent and $2,245/month in total housing costs, this property has a -$544/month cashflow. Break-even down payment: approximately 46%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Brighouse, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $439,000
Richmond Loading...
Brighouse Loading...

Based on 14 comparable active apartments/condos in Brighouse, the average asking price is $464,846. This listing is priced 5.6% 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 218 8540 Citation Drive

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 75

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
74

Bike Score - Very Bikeable

Biking is convenient for most trips

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