About This Property

This BRAND NEW 1 BED + DEN with 2 PARKINGS + 1 LOCKER home is perfectly located next to Capstan station, offering world-class amenities including an indoor pool, hot tub, fitness center, steam room, yoga and more. This home blends timeless design with smart living, thoughtful extras like built-in organizers, BOSCH integrated appliances, thermostat, central A/C and heating. Step outside to a tranquil 2-acre park, ultimate urban conveniences like Union Square, Foody World, Canadian Tire, Yaohan Centre, dining and top schools just minutes away. Live artfully. Live connected. Live at Picasso, Galleria.

Property Details

MLS #

R3031971

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

APT

Bedrooms

Full Baths

Half Baths

Kitchens

Living Area

587 sqft

Main Floor

587 sqft

Year Built

2025

Age

1 years

Roof

Other

Construction

Concrete, Concrete (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

Parking Type

Garage Under Building

Original Price

$678,000

Strata Fee

$403.9/mo

Listed

2025-07-29

MLS Area

West Cambie

City

Richmond

Postal Code

V6X 0W9

Subdivision

Concord Picasso

Features & Finishes

Heating

Heat Pump

Cooling / A/C

Central Air · Air Conditioning

Flooring

Laminate

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave · Oven

Security

Smoke Detector(s) · Fire Sprinkler System

Patio / Porch

Patio · Deck

Windows

Window Coverings

Interior Features

Elevator

Exterior Features

Balcony

Building & Community

Pets

Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Strata Mgmt Co.

Rancho Management Services

Strata Mgmt Phone

604-684-4508

Transit

Nearby

Schools

Nearby

Lot Features

Central Location, Recreation Nearby

Water Source

Public

Sewer

Public Sewer

Utilities

Community

Pool

Indoor

Community

Shopping Nearby

Building Amenities

Clubhouse · Exercise Centre · Sauna/Steam Room · Concierge · Trash · Maintenance Grounds · Gas · Hot Water · Management · Snow Removal

5.9

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market— 67% above market — check if justified

Days on market— 324 days — significantly stale, strong negotiation position

Price history— Price dropped 2% from original ask — seller showing motivation

Market conditions— Buyer's market — avg 96% of ask

Draft CPS Offer

AI Property Valuation

Get an AI-assisted valuation estimate based on current market benchmarks and property characteristics.

For informational purposes only — not a certified appraisal

My Notes

Private — saved on this device

Offer Advisor

High confidence

Suggested Offer

$621,960

6.2% below asking price

Negotiation Range

$605,385 – $631,905

$26,520 spread

$605,385$663,000 ask

Based on 23 recent sales, a starting offer around $621,960 (6.2% below ask) is reasonable. Your negotiation range is $605,385 – $631,905.

What's factored in

Market baseline— 23 recent Richmond sales closed at median 96.1% of list price

Price already reduced— Seller dropped from 2% off original ask — indicates motivation

Extended market time— 324 days listed — well above market avg of 143 days, increased negotiation leverage

Above-average DOM— 324d vs market avg of 143d — property may have a pricing or condition issue

Based on 23 residential sales in Richmond (last 60 days) · Updated Jun 18

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