356 8131 Ryan Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3109238

$256,500
Est. Mortgage $1,135/mo
3 Beds
2 Baths
1073 sqft
239 $ /sqft
1974 built
$256,500
$259,000
Est. $1,135/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 356 8131 Ryan Road

Experience the height of comfort in this extremely well-kept penthouse-style residence at Mayfair Court. Perched on the top floor and situated on the quiet side of the complex, this spacious three-bedroom, 1.5 bathroom home offers a level of privacy and tranquility that is hard to find. The interior was tastefully renovated in 2018, and the building itself is in pristine condition thanks to consistent upgrades to the roof, windows, and common areas. This home is designed for effortless living, with a comprehensive maintenance fee that covers your property taxes, heat, and hot water, along with a dedicated parking stall for your convenience. Ideally located within walking distance of local shops, transit, and top-tier schools like McRoberts Secondary and William Bridge elementary.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Electric
Laundry Common Area
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Structures Multi Family, Residential Attached

Building Details

Price $256,500
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1073
Year Built 1974
Age Of Building 52
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Taxes, Water
Ownership Type Leasehold prepaid-NonStrata
Maintenance Fee $964
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Taxes, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Open, Guest
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed
Pet Restrictions No

Lot & Land

MLS® # R3109238
Area Richmond
Neighbourhood South Arm
City Richmond
Postal Code V7A 2E4
Gross Taxes $213,385.88
Zoning RAL1

Property Timeline

Status Date Price
R3109238 / Active 04-09-2026 $256,500
Rooms
Floor Type Dimensions
Main Level Living Room 19' x 19' ft
Main Level Dining Room 7'3 x 7'3 ft
Main Level Kitchen 7'9 x 7'9 ft
Main Level Bedroom 13'6 x 13'6 ft
Main Level Bedroom 13'6 x 13'6 ft
Main Level Primary Bedroom 17' x 17' ft
Main Level Storage 8' x 8' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #2

Listed by: Sutton Group Seafair 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

Elementary
William Bridge Elementary School
0.35 km
Secondary
Hugh McRoberts Secondary School
0.73 km
Elementary
William Bridge Elementary School
0.35 km

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

Private Schools

Elementary
Ark Elementary School
1.01 km
Elementary, Secondary
Richmond Christian School
3.25 km

Closest Transit

Bus Stop
Northbound No. 3 Rd @ Ryan Rd
0.05 km
Skytrain
Skytrain @ Brighouse Stn
3.16 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
B
Price competition grade
Avg comparable: $257,988
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.16 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
91 DOM
Slower than area
South Arm avg
54 DOM
Average
Richmond avg
54 DOM
Faster market

356 8131 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 priced 0.6% below comparable active properties in South Arm, 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 V7A 2E4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7A 2E4, 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 356 8131 Ryan Road

Pre-computed routes from 356 8131 Ryan Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    66 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    84 min
  • SFU Burnaby via Brighouse → Production Way
    91 min
  • Richmond Centre
    41 min
  • YVR Airport via Brighouse → YVR-Airport
    54 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

356 8131 Ryan Rd, Richmond, BC is ideally located for commuters. The property is 3.2 km from Brighouse, with a 66 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound No. 3 Rd @ Ryan Rd (0.05 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 356 8131 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
63

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 356 8131 Ryan Road

/month
Principal & Interest
Property Taxes $17,782
Maintenance fee 964
Based on a 30-year fixed at 4% interest with 20% down ($51,300), the estimated monthly payment for this listing is $19,726/month — $980 principal & interest, $17,782 property tax, $964 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 $1,416/month, this property runs a $18,374/month shortfall after mortgage and carrying costs. Break-even requires approximately 1520% 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 $256,500
Richmond Loading...
South Arm Loading...

Based on 11 comparable active apartments/condos in South Arm, the average asking price is $278,667. This listing is priced 8% 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 356 8131 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
63

Bike Score - Bikeable

Some bike infrastructure

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