302 - 8020 Ryan Road, Richmond, V7A 2E5 — photo 1

$244,900

302 - 8020 Ryan Road, Richmond, V7A 2E5
Active
3 Bedrooms 1 Bathrooms 1,089 sqft Built 1973 Residential
1 Listing Signal Detected
Leasehold LandHigh

Land is leased, not owned. Review lease terms carefully before proceeding.

About This Property

Exceptional value at Bristol Court in South Arm. This well-maintained 3-bed, 1-bath, 1,089 sq ft home offers spacious living, excellent in-suite storage, and a large NE-facing balcony. Ideal for personal use or investment. Maintenance fee includes property taxes, heat, hot water, water, sewer, and caretaker. Unbeatable location steps to Broadmoor Shopping Centre, transit, South Arm Community Centre/Park, and top schools: Bridge/Whiteside (French Immersion) and McRoberts. Fully rentable, no pets, shared laundry. Move-in-ready and affordable.

Leasehold

Property Details

MLS #

R3074730

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Leasehold prepaid-NonStrata

Zoning

RES

Bedrooms

3

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

1,089 sqft

Main Floor

1,089 sqft

Stories

3

Year Built

1973

Age

53 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Type

Open, Guest

Original Price

$258,000

Strata Fee

$1,121.06/mo

Listed

2025-12-19

MLS Area

South Arm

City

Richmond

Postal Code

V7A 2E5

Subdivision

Bristol Court

Features & Finishes

Heating

Baseboard · Hot Water · Radiant

Exterior Features

Balcony

Building & Community

Total Units

148

Pets

No

Restrictions

Pets Not Allowed,Rentals Allowed

Strata Mgmt Co.

Westsea Construction Ltd.

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Building Amenities

Caretaker · Trash · Maintenance Grounds · Heat · Hot Water · Management · Sewer · Snow Removal · Taxes · Water

Disclosures

Property Disclosure

Yes

Coordinates: 49.138262, -123.136025 · Map data © Google

9.6

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market71% below market $/sqft
Days on market137 days — significantly stale, strong negotiation position
Price historyPrice dropped 5% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$228,663

6.6% below asking price

Negotiation Range

$222,541$232,337

$9,796 spread

$222,541$244,900 ask

Based on 13 recent sales, a starting offer around $228,663 (6.6% below ask) is reasonable. Your negotiation range is $222,541 – $232,337.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Price already reducedSeller dropped from 5% off original ask — indicates motivation
Extended market time137 days listed — well above market avg of 158 days, increased negotiation leverage

Based on 13 residential sales in Richmond (last 60 days) · Updated May 4

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