Home Richmond, BC Brighouse Chancellor Gate 301 8640 Citation Drive

301 8640 Citation Dr, Richmond BC V6Y 3A3 – Condo for Sale – MLS® R3181054

301 8640 Citation Drive, Richmond, British Columbia V6Y 3A3

Richmond Condos for Sale

15 days on the market

$408,000

Est. monthly cost $2,270/mo

Updated with MLS® - Nov 12, 2026 at 03:45pm

Chancellor Gate

2 Beds

1 Baths

852 sqft

479 $ /sqft

486.94 $ Maint. fee

1980 built

10.9% price reduction

Photos

A lovely oasis in the heart of Richmond! This charming 852 sq. ft. 2-bedroom, top-floor corner “penthouse” in well-managed Chancellor Gate features newer laminate flooring, tiled kitchen and bath floors, updated thermal vinyl windows and sliding doors. Elegant wainscoting and designer paint enhance the living and dining areas. Enjoy a south-facing 9'3" x 6' balcony with 3' x 6' storage. In-suite laundry hookups ready for your washer/dryer. One secured parking stall. Resort-style amenities include outdoor pool, hot tub, TV lounge, tennis and basketball courts. Tenanted at $2,000/month; tenant wishes to stay but is open to negotiating an earlier tenancy end date than June 30, 2027. Ideal for homeowners or investors with future redevelopment potential!

Building 24 fields Inside & out 11 fields Lot & land 7 fields

Building Details

Price	$408,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	852
Year Built	1980
Age Of Building	46
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Clubhouse, Trash, Maintenance Grounds, Management
Building Name	Chancellor Gate
Ownership Type	Freehold Strata
Maintenance Fee	$486.94
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Trash, Maintenance Grounds, Management
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, No Dogs, Number Limit (Two), Yes With Restrictions

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Dishwasher, Refrigerator, Stove
Heating Type	Baseboard, Electric
Laundry	Common Area
# of Kitchens	1
Flooring	Laminate, Wall/Wall/Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3181054
Area	Richmond
Neighbourhood	Brighouse
City	Richmond
Postal Code	V6Y 3A3
Gross Taxes	$1,663.4
Zoning	025

Property Timeline

Status	Date	Price
R3181054 / Active	10-28-2026	$408,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'9 x 13'9 ft
Main Level	Dining Room	8'1 x 8'1 ft
Main Level	Kitchen	7'7 x 7'7 ft
Main Level	Primary Bedroom	14'7 x 14'7 ft
Main Level	Walk-In Closet	4'0 x 4'0 ft
Main Level	Bedroom	12'11 x 12'11 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: RE/MAX Westcoast

NOTE: 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.

About the building: Chancellor Gate

8900 Citation Drive, Brighouse, Richmond

Chancellor Gate building details

Building

Built: 1980
Homes: 134
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: NWS1406
Managed by: Korecki Real Estate Services
Parking: Garage: Underground, Garage Underbuilding
Lockers: Limited
Strata fee covers: Recreation FacilityManagementHot WaterHeatGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats OK, no dogs, max 2
Rentals: Allowed

Market at Chancellor Gate

For sale: 2
Median ask: $379K
Median $/sqft: $499
Days on market: 82
Sold, past year: 2

This home

$479/sqft, 4% below the building median of $499.

Homes for sale at Chancellor Gate, Richmond Recent sold listings in Chancellor Gate, Richmond

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

Map, sell speed & climate

SkyTrain 0.83 km · A.R. MacNeill Secondary School 6.9/10 · 0.83 km · crime average · sell-speed score 64/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (66 nearby)

Redbud restaurant · 500 m · Restaurant
Sea fortune restaurant · 512 m · Restaurant
Wing kee restaurant · 553 m · Restaurant

Shopping (38 nearby)

Chemmart pharmacy · 595 m · Pharmacy
La rose fleur · 600 m · Florist
Giant · 603 m · Bicycle Shop

Cafes (20 nearby)

Hui lau shan · 593 m · Cafe
Prunus · 596 m · Cafe
Momo tanghulu · 614 m · Cafe

Groceries (15 nearby)

7-eleven · 494 m · Convenience
Sungiven foods · 665 m · Supermarket
Wah shang supermarket · 672 m · Supermarket

Healthcare (4 nearby)

Chemmart pharmacy · 595 m · Healthcare
Mccue pharmacy · 698 m · Healthcare
Mj's pharmacy · 810 m · Healthcare

Transit (2 nearby)

Skytrain @ brighouse stn station · 834 m · Transit
Bus stop northbound no. 3 rd @ saba rd · 931 m · Transit

Public Schools

Secondary
A.R. MacNeill Secondary School: Average 0.83 km 6.9/10
Elementary
William Cook Elementary School: Average 0.2 km 6.2/10

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

Private Schools

Elementary
St.Paul School: Above Average 1.31 km 8.4/10
Secondary
Maple Hill School: Average 0.68 km 5.6/10

Closest Transit

Bus Stop
Eastbound Cook Rd @ Pimlico Way: 0.2 km
Skytrain
Skytrain @ Brighouse Stn: 0.83 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 32.5%
No Certificate/Degree: Average 12.9%
Owner Occupied: Average 66.7%
Employment Rate: Average 63.3%

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

64 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $438,247

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.83 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 BRIGHOUSE compares

This property

15 DOM

Very fast

Brighouse avg

52 DOM

Average

Richmond avg

52 DOM

Slower market

301 8640 Citation Drive has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.9% below comparable active properties in Brighouse, 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 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 V6Y 3A3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Y 3A3, 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 4.3 µg/m³ — meets WHO 2021 guideline. Nearest station: Richmond South, Richmond (~2.9 km). Annual avg AQHI 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.

Schools NearBy

30 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
William Cook Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.2 / 10	Distance 195 m
Henry Anderson Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 518 m
Virtuelle	Public	Grades Served —	Catchment Info —	N/A	Distance 604 m
Maple Hill School	Independent	Grades Served —	Catchment Info —	5.6 / 10	Distance 675 m
A.R. MacNeill Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.9 / 10	Distance 829 m
General Currie Elementary School	Public	Grades Served K-7	Catchment Info —	6.5 / 10	Distance 873 m
Continuing Ed SD 38	Public	Grades Served —	Catchment Info —	2.6 / 10	Distance 1.01 KM
R C Palmer Secondary School	Public	Grades Served 8-12	Catchment Info —	7.6 / 10	Distance 1.20 KM
Richmond Secondary	Public	Grades Served —	Catchment Info —	8.1 / 10	Distance 1.23 KM
St.Paul School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 1.31 KM
Garden City Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 1.36 KM
Station Stretch	Public	Grades Served 4, 8-12	Catchment Info —	4.2 / 10	Distance 1.61 KM
Howard De Beck Elementary	Public	Grades Served —	Catchment Info —	7.7 / 10	Distance 1.64 KM
Samuel Brighouse Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.80 KM
W D Ferris Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.80 KM
Pythagoras Academy	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 1.89 KM
Tomsett Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.05 KM
City Vancouver Academy	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 2.06 KM
Blundell Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.19 KM
Walter Lee Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.24 KM
Matthew McNair Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.61 KM
R. C. Talmey Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.67 KM
Errington Learning Centre	Public	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.68 KM
John T Errington Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 2.71 KM
Cornerstone Christian Academy	Independent	Grades Served K-7	Catchment Info —	9.5 / 10	Distance 2.71 KM
Hugh McRoberts Secondary School	Public	Grades Served 8-12	Catchment Info —	8.0 / 10	Distance 2.73 KM
James Whiteside Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.79 KM
Archibald Blair Elementary	Public	Grades Served —	Catchment Info —	8.5 / 10	Distance 2.94 KM
Donald E McKay Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.94 KM
Az-Zahraa Islamic Academy	Independent	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.99 KM

Pre-computed routes from 301 8640 Citation Dr, Richmond, BC

301 8640 Citation Dr, Richmond, BC Brighouse 0.8 km

38 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brighouse → Waterfront
38 min
Metrotown, Burnaby via Brighouse → Metrotown
56 min
SFU Burnaby via Brighouse → Production Way
63 min
Richmond Centre
13 min
YVR Airport via Brighouse → YVR-Airport
26 min

By car (off-peak)

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

Calculate your commute

301 8640 Citation Dr, Richmond, BC is ideally located for commuters. The property is 0.8 km from Brighouse, with a 38 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Cook Rd @ Pimlico Way (0.2 km). Walk Score Transit rating: Excellent Transit (74/100).

Walkability & Transit Near 301 8640 Citation Drive

Very Walkable 75

Walk Score - Very Walkable

Most errands can be accomplished on foot

Excellent Transit 74

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 72

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,270/month · rent estimate $1,664/month · owning catches up with renting by year 15 · cash flow if rented −$736/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 301 8640 Citation Drive

$2,270 /month

Principal & Interest $1,644

Property Taxes $139

Maintenance fee $487

The estimated monthly cost of 301 8640 Citation Drive, Richmond is $2,270: $1,644 principal and interest with 20% down over 30 years at 4.45%, plus $139 property tax and $487 strata 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

−$736 /month

Mortgage Payment $1,644

Monthly Cash Flow −$736

Break Even Down Payment 56%

Cap Rate -2.2%

Cash on Cash -10.8%

If 301 8640 Citation Drive, Richmond were rented at $1,664 a month with 5% vacancy, it would fall $736 a month short of the mortgage and carrying costs; about 56% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 301 8640 Citation Drive, Richmond

$1,664 / month

Rent $1,664

Own $2,270

Principal: $529/mo Interest, tax, insurance, fees: $1,741/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$443/mo (year 1) → ~$1,029/mo (year 20) → ~$1,535/mo (year 29).

Net cost to own at year 5 ~$1,741/mo About $77/mo more than renting

EstateBlock estimates 301 8640 Citation Drive, Richmond would rent for about $1,664 a month.

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.

Rent vs own: 301 8640 Citation Drive

Rent vs own

Owning catches up by year 15

With 20% down ($81,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $29,087

Principal paid off by year 10 $65,406

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 301 8640 Citation Drive, Richmond is cheaper at first, but owning catches up by year 15, with $29,087 of principal paid off by year 5 and $65,406 by year 10.