306 - 8060 Ryan Road, Richmond, V7A 2E5 — photo 1

$299,000

306 - 8060 Ryan Road, Richmond, V7A 2E5
Active
3 Bedrooms 2 Bathrooms 1,133 sqft Built 1970 Residential
1 Listing Signal Detected
Leasehold LandHigh

You own the building but not the land. Lease terms, prepaid amounts, and renewal conditions are critical to review.

About This Property

Well maintain 3 bed, 1.5 bath, spacious & affordable inside condo at Bristol Court positioned perfectly on the SE side of the building. 1133 SF of spacious living, lot of in suite storage, large balcony. This leasehold community was re-piped with new windows, patio doors, roof, balconies and building envelope. Great for personal enjoyment or as an excellent investment. Maint. fee includes property taxes, heat, hot water, water, sewer & caretaker. Floors and appliance are new and fully painted within this year. All this and just steps to Broadmoor Shopping Mall, buses, South Arm Comm. Centre /Park, Bridge & Whiteside Elementary (French Imm.) & McRoberts High (6 mins). Fully rentable, shared laundry but no pets. Move-in ready condition!

Leasehold

Property Details

MLS #

R3054542

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Leasehold prepaid-NonStrata

Zoning

RAM1

Bedrooms

3

Full Baths

1

Half Baths

1

Kitchens

1

Fireplaces

0

Living Area

1,133 sqft

Main Floor

1,133 sqft

Stories

3

Year Built

1970

Age

56 years

Construction

Frame Wood, Brick (Exterior), Mixed (Exterior), Stucco

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Open, Guest, Front Access, Asphalt

Facing

East

Original Price

$308,000

Strata Fee

$1,162.63/mo

Listed

2025-10-01

MLS Area

South Arm

City

Richmond

Postal Code

V7A 2E5

Subdivision

Bristol Court

Features & Finishes

Heating

Baseboard · Hot Water

Flooring

Laminate · Tile

Appliances

Refrigerator · Stove

Laundry

Common Area

Windows

Window Coverings · Insulated Windows

Exterior Features

Balcony

Building & Community

Total Units

111

Pets

No

Restrictions

Pets Not Allowed,Rentals Allowed

Strata Mgmt Co.

WESTSEA CONSTRUCTION LTD

Strata Mgmt Phone

604-681-2727

Transit

1/2 BLOCK

Schools

1/2 BLOCK

Lot Features

Central Location, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Water Connected

Community

Shopping Nearby

Building Amenities

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

Disclosures

Property Disclosure

No

Coordinates: 49.138164, -123.135304 · Map data © Google

9.3

Hot Deal

Deal Score out of 10

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

Value vs market66% below market $/sqft
Days on market215 days — significantly stale, strong negotiation position
Price historyPrice dropped 3% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$279,202

6.6% below asking price

Negotiation Range

$271,727$283,687

$11,960 spread

$271,727$299,000 ask

Based on 13 recent sales, a starting offer around $279,202 (6.6% below ask) is reasonable. Your negotiation range is $271,727 – $283,687.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Price already reducedSeller dropped from 3% off original ask — indicates motivation
Extended market time215 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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