#118 8540 Citation Drive, Richmond, BC
Description
Welcome to Belmont Park! This bright and spaciuos 2 bedroom home offers a functional and open plan layout perfect for growing families and downsizers alike. Kitchen has been updated with new tiles, backsplash and stainless steel appliances with newer paint and laminate flooring throughout the main living areas. Generous sized bedrooms with primary large enough for a king sized bed and comes equipped with a walk-in closet. Enjoy morning coffees in your west facing balcony with bonus space for gardening and in-suite storage. Comes with 1 covered surface parking and features access to THE PADDOCK, a clubhouse with games room, lounge, outdoor pool and basketball court. Excellent convenient location, walking distance to transit, schools, parks, Richmond Centre, highways & so much more. ACT NOW!
Price History
| Date | Status | Price | Change |
|---|---|---|---|
| 2024-12-15 | Listed | $1,250,000 | -$25,000 (-2.0%) |
| 2024-11-28 | Price Change | $1,275,000 | -$24,000 (-1.8%) |
| 2024-11-01 | Listed | $1,299,000 | |
| 2023-08-22 | Sold | $1,150,000 | -$25,000 (-2.1%) |
| 2023-08-10 | Price Change | $1,175,000 | -$24,000 (-2.0%) |
| 2023-07-15 | Listed | $1,199,000 | |
| 2022-03-18 | Sold | $985,000 | -$14,000 (-1.4%) |
| 2022-03-05 | Listed | $999,000 | |
| 2021-09-12 | Sold | $825,000 | -$24,000 (-2.8%) |
| 2021-08-28 | Listed | $849,000 |
Property Details
| Property Type | Apartment/Condo |
| Asking Price | $499,000 |
| Original Asking Price | $499,000 |
| Maintenance Fee | $409.01 |
| Listing Date | Jun 16, 2025 |
| Previously Sold Date | Jun 20, 2008 |
| Days on Market | 16 days |
| Size of House | 873 sqft |
| Price per House SqFt | $572 |
| Maint. Fee per SqFt | $0.47 |
| Age of House | 46 years (1979) |
| Property Taxes | $1,441 (2024) |
| Ownership Interest | Freehold Strata |
| PID | 001-783-793 |
| Seller's Agent | Sutton Group-West Coast Realty |
| Buyer's Agent Commission | 3.25% ON THE FIRST $100,000 AND 1.15% ON THE BALANCE |
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| Heating | |
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Listing Details
| Asking Price | $499,000 |
| Listing Date | Jun 16, 2025 |
| Days on Market | 16 Days |
| MLS® Number | R3016192 |
| Primary Broker | Sutton Group-West Coast Realty |
Features & Amenities
| ✓ Central Location | ✓ Recreation Nearby |
| ✓ Retirement Community | ✓ Shopping Nearby |
| ✓ Common Area Laundry | ✓ Dishwasher |
| ✓ Refrigerator | ✓ Stove |
| ✓ Microwave |
Room Information
Assessment History
| Year | Total | Land | Improvements | Tax |
|---|---|---|---|---|
Mortgage Calculator
ESTIMATED PAYMENTS
$1,919
ESTIMATED PAYMENTS
$1,919
Alan Wu
Vita Lending Corp.
With a modern approach and a passion for helping others succeed, Alan, ranked in the top 10% of mortgage professionals, delivers fast, tailored solutions from first homes to multi-family builds. Trusted for his dedication and service, he consistently goes above and beyond to put clients first.
The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.
Nearby Schools
| School Name | Address | Details |
|---|---|---|
Market Overview
Active Properties
| All Active | This Property | |
|---|---|---|
| Apartment/Condo | 1,250 | – |
| Median Asking Price | $875,000 | – |
| Median Price per SqFt | $650 | – |
| Median Days on Market | 28 | – |
Sold Properties
| Dec 2024 | Nov 2024 | Dec 2023 | |
|---|---|---|---|
Apartment/Condo (% change from Dec 2023) | 127.0% (↑5.2%) | 139 | 121 |
Median Selling Price (% change from Dec 2023) | $1,375,000 (↑8.1%) | $1,368,000 | $1,272,000 |
Median Price per SqFt (% change from Dec 2023) | $902 (↑7.8%) | $895 | $837 |
Median Days on Market | 38 | 35 | 31 |
Median Discount Off Ask | 2.8% | 2.6% | 2.2% |
New Listings | 365 | 380 | 398 |
Months of Inventory | 24.8 | 21.7 | 18.5 |
Number of Sales
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