1131 8988 Patterson Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3040199

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Listing updated:
EstateBlock checked:
3 Beds
2 Baths
938 sqft
906 $ /sqft
737.54 $ Maint. fee
2017 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

About the building: Concord Gardens

8988 Patterson Road, West Cambie, Richmond

Concord Gardens building details

Building

Built
2017
Homes
246 in 18 storeys
Construction
Concrete
Title
Freehold Strata
Strata plan
EPS4250
Managed by
Rancho Property Management
Parking
Garage: Underground, Garage Underbuilding
Lockers
Limited
Strata fee covers
WaterSnow removalSewerRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Concord Gardens

For sale
7
Median ask
$499K
Median $/sqft
$887
Days on market
45
Sold, past year
16
This home

$906/sqft, 2.1% above the building median of $887.

  • Structural warranty runs to 2027 under BC's 2-5-10 new-home warranty.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

VERIFIED ACCOUNT REQUIRED

Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
A.R. MacNeill Secondary School
2.96 km
Elementary
R. C. Talmey Elementary School
Average 0.58 km 5.2/10
Elementary
R. C. Talmey Elementary School
0.58 km

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

Private Schools

Elementary
Pythagoras Academy
0.94 km
Secondary
City Vancouver Academy
0.75 km

Closest Transit

Bus Stop
Northbound Garden City Rd @ Capstan Way
0.2 km
Skytrain
Skytrain @ Bridgeport Stn
0.66 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average 33.8%
No Certificate/Degree
Average 12.9%
Owner Occupied
Below Average 54.8%
Employment Rate
Below Average 52.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

57 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $888,466
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.66 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Possible — near airport
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WEST CAMBIE compares
This property
59 DOM
Average
West Cambie avg
52 DOM
Average
Richmond avg
52 DOM
Faster market

1131 8988 Patterson Road has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4.6% below comparable active properties in West Cambie, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 12.1% and an area average of 52 days on market — conditions are balanced. With only 919 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6X 0R2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6X 0R2, 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 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Vancouver International Airport #2, Richmond (~2 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Richmond currently sees ~1 day 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

Restaurants (91 nearby)

  • Burger king · 259 m · Fast Food
  • Subway · 285 m · Fast Food
  • Kfc · 293 m · Fast Food

Shopping (38 nearby)

  • Unicorn kids boutique · 401 m · Clothes
  • At hair studio · 406 m · Hairdresser
  • Jj fantasy world · 415 m · Beauty Shop

Cafes (20 nearby)

  • Starbucks · 306 m · Cafe
  • Chayan · 398 m · Cafe
  • Sweet7 · 421 m · Cafe

Groceries (19 nearby)

  • 7-eleven · 232 m · Convenience
  • Jak's liquor · 276 m · Beverages
  • 2000 supermarket · 394 m · Supermarket

Healthcare (3 nearby)

  • Costco pharmacy · 452 m · Healthcare
  • Cap pharmacy · 569 m · Healthcare
  • Mckim care pharmacy · 720 m · Healthcare

Transit (2 nearby)

  • Skytrain @ bridgeport stn station · 657 m · Transit
  • Bus stop westbound cambie rd @ no. 4 rd · 998 m · Transit

Schools NearBy

19 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

R. C. Talmey Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.3 / 10

Distance

581 m

City Vancouver Academy

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

753 m

Pythagoras Academy

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

939 m

Tomsett Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

1.13 KM

Robert J. Tait Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.21 KM

St. Anthony of Padua

Independent

Grades Served

K-7

Catchment Info

—
9.4 / 10

Distance

1.80 KM

Station Stretch

Public

Grades Served

4, 8-12

Catchment Info

—
4.2 / 10

Distance

1.87 KM

Windsor Hall

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

2.00 KM

Royal Canadian College

Independent

Grades Served

9-12

Catchment Info

—
5.6 / 10

Distance

2.00 KM

Canada Star Secondary School

Independent

Grades Served

11-12

Catchment Info

—
7.9 / 10

Distance

2.04 KM

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.5 / 10

Distance

2.39 KM

des Colibris

Public

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

2.40 KM

Vancouver Montessori School

Independent

Grades Served

K

Catchment Info

—
9.6 / 10

Distance

2.41 KM

Maple Hill School

Independent

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

2.58 KM

Mitchell Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.64 KM

Virtuelle

Public

Grades Served

—

Catchment Info

—
N/A

Distance

2.66 KM

William Cook Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.72 KM

Henry Anderson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.85 KM

A.R. MacNeill Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.9 / 10

Distance

2.96 KM

Pre-computed routes from 1131 8988 Patterson Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Bridgeport → Waterfront
    30 min
  • Metrotown, Burnaby via Bridgeport → Metrotown
    48 min
  • SFU Burnaby via Bridgeport → Production Way
    55 min
  • Richmond Centre via Bridgeport → Brighouse
    17 min
  • YVR Airport via Bridgeport → YVR-Airport
    18 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    13 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    20 min
  • Richmond Centre via No. 3 Rd
    3 min
  • YVR Airport via Bridgeport / Sea Island
    5 min

Calculate your commute

1131 8988 Patterson Rd, Richmond, BC is ideally located for commuters. The property is 0.7 km from Bridgeport, with a 30 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Garden City Rd @ Capstan Way (0.2 km).

Mortgage Calculator for 1131 8988 Patterson Road

/month
Principal & Interest
Property Taxes $226
Maintenance fee 737.54
A 20% down payment of $169,960 on this $849,800 listing yields an estimated mortgage of $3,246/month (30-year fixed, 4%). Total estimated housing cost: $4,210/month, $226 property tax, $738 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,964/month in estimated rental income against $4,263/month in mortgage payments, the monthly cashflow is -$1,299/month. A 53% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1131 8988 Patterson Road, Richmond

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — West Cambie, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home
Richmond Loading...
West Cambie Loading...
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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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