Home Richmond, BC West Cambie Concord Gardens 506 8988 Patterson Road

506 8988 Patterson Rd, Richmond BC V6X 0R2 – Condo for Sale – MLS® R3173451

506 8988 Patterson Road, Richmond, British Columbia V6X 0R2

Richmond Condos for Sale

34 days on the market

$478,800

Est. monthly cost $2,506/mo

Updated with MLS® - Nov 10, 2026 at 08:30am

1 Beds

1 Baths

540 sqft

887 $ /sqft

428.8 $ Maint. fee

2017 built

Photos

Thoughtfully designed 1-bedroom plus den residence at Concord Gardens by Concord Pacific. This functional layout features a spacious living and dining area complemented by a generous den, ideal as a home office, guest room, or additional storage. North-facing with peaceful tree and city views, offering both privacy and natural light. The contemporary kitchen is finished with engineered quartz countertops, marble backsplash, and integrated stainless steel appliances. Residents enjoy resort-inspired amenities including concierge, indoor pool, fitness centre, clubhouse, multi-purpose sports court, bowling alley, and more. Ideally located within walking distance to Union Square, shops, restaurants, and Capstan SkyTrain Station.

Building 25 fields Inside & out 12 fields Lot & land 8 fields

Building Details

Price	$478,800
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	540
Year Built	2017
Age Of Building	9
Building Type	Apartment/Condo
Unit Style	Upper unit
Property Type	Residential
Stories	1
Building Amenities	Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Water
Ownership Type	Freehold Strata
Maintenance Fee	$428.8
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Water
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building
Total Parking Spaces	0
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Heating Type	Geothermal
Cooling	Air Conditioning
# of Kitchens	0
Flooring	Laminate, Mixed, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
View Description	Trees and City
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3173451
Area	Richmond
Neighbourhood	West Cambie
City	Richmond
Postal Code	V6X 0R2
Gross Taxes	$1,778.91
Zoning	/

Property Timeline

Status	Date	Price
R3173451 / Active	10-07-2026	$478,800
to view full Property History (3 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Dining Room	7'3 x 7'3 ft
Main Level	Living Room	9'8 x 9'8 ft
Main Level	Primary Bedroom	8'7 x 8'7 ft
Main Level	Den	4'8 x 4'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

Listed by: Macdonald Realty Westmar

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: 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: 5
Median ask: $479K
Median $/sqft: $887
Days on market: 78
Sold, past year: 17

This home

$887/sqft, in line with the building median of $887.

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

Homes for sale at Concord Gardens, Richmond Recent sold listings in Concord Gardens, Richmond

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

Map, sell speed & climate

SkyTrain 0.63 km · A.R. MacNeill Secondary School 6.9/10 · 3 km · crime average · sell-speed score 58/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (91 nearby)

Burger king · 217 m · Fast Food
Subway · 243 m · Fast Food
Kfc · 251 m · Fast Food

Shopping (39 nearby)

Unicorn kids boutique · 396 m · Clothes
At hair studio · 401 m · Hairdresser
Jj fantasy world · 413 m · Beauty Shop

Groceries (20 nearby)

7-eleven · 234 m · Convenience
Jak's liquor · 234 m · Beverages
Janice cake shop · 389 m · Bakery

Cafes (20 nearby)

Starbucks · 265 m · Cafe
Chayan · 392 m · Cafe
Trees organic coffee · 408 m · Cafe

Healthcare (3 nearby)

Costco pharmacy · 450 m · Healthcare
Cap pharmacy · 541 m · Healthcare
Mckim care pharmacy · 746 m · Healthcare

Transit (3 nearby)

Skytrain @ bridgeport stn station · 631 m · Transit
Bus stop southbound garden city rd @ odlin rd · 986 m · Transit
Skytrain @ aberdeen stn station · 997 m · Transit

Public Schools

Secondary
A.R. MacNeill Secondary School: Average 3 km 6.9/10
Elementary
R. C. Talmey Elementary School: Above Average 0.62 km 7.3/10

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

Private Schools

Elementary
Pythagoras Academy: Above Average 0.96 km 8.4/10
Secondary
City Vancouver Academy: Average 0.78 km 4.3/10

Closest Transit

Bus Stop
Eastbound Bridgeport Rd @ Sexsmith Rd: 0.2 km
Skytrain
Skytrain @ Bridgeport Stn: 0.63 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

58 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $509,430

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.63 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

34 DOM

Very fast

West Cambie avg

52 DOM

Average

Richmond avg

52 DOM

Slower market

506 8988 Patterson Road has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 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 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.

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 621 m
City Vancouver Academy	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 780 m
Pythagoras Academy	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 961 m
Tomsett Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 1.17 KM
Robert J. Tait Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.22 KM
St. Anthony of Padua	Independent	Grades Served K-7	Catchment Info —	9.4 / 10	Distance 1.76 KM
Station Stretch	Public	Grades Served 4, 8-12	Catchment Info —	4.2 / 10	Distance 1.87 KM
Royal Canadian College	Independent	Grades Served 9-12	Catchment Info —	5.6 / 10	Distance 1.99 KM
Windsor Hall	Independent	Grades Served —	Catchment Info —	N/A	Distance 2.03 KM
Canada Star Secondary School	Independent	Grades Served 11-12	Catchment Info —	7.9 / 10	Distance 2.08 KM
David Lloyd George Elementary School	Public	Grades Served K-7	Catchment Info —	6.5 / 10	Distance 2.35 KM
Vancouver Montessori School	Independent	Grades Served K	Catchment Info —	9.6 / 10	Distance 2.37 KM
des Colibris	Public	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.38 KM
Maple Hill School	Independent	Grades Served —	Catchment Info —	5.6 / 10	Distance 2.60 KM
Virtuelle	Public	Grades Served —	Catchment Info —	N/A	Distance 2.67 KM
Mitchell Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.68 KM
William Cook Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.75 KM
Henry Anderson Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.88 KM
A.R. MacNeill Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.9 / 10	Distance 3.00 KM

Pre-computed routes from 506 8988 Patterson Rd, Richmond, BC

506 8988 Patterson Rd, Richmond, BC Bridgeport 0.6 km

30 min

Downtown Vancouver Waterfront Station

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

506 8988 Patterson Rd, Richmond, BC is ideally located for commuters. The property is 0.6 km from Bridgeport, with a 30 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Bridgeport Rd @ Sexsmith Rd (0.2 km). Walk Score Transit rating: Excellent Transit (74/100).

Walkability & Transit Near 506 8988 Patterson Road

Very Walkable 81

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 77

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,506/month · rent estimate $1,953/month · owning catches up with renting by year 4 · cash flow if rented −$706/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 506 8988 Patterson Road

$2,506 /month

Principal & Interest $1,929

Property Taxes $148

Maintenance fee $429

The estimated monthly cost of 506 8988 Patterson Road, Richmond is $2,506: $1,929 principal and interest with 20% down over 30 years at 4.45%, plus $148 property tax and $429 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

−$706 /month

Mortgage Payment $1,929

Monthly Cash Flow −$706

Break Even Down Payment 50%

Cap Rate -1.8%

Cash on Cash -8.8%

If 506 8988 Patterson Road, Richmond were rented at $1,953 a month with 5% vacancy, it would fall $706 a month short of the mortgage and carrying costs; about 50% 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 506 8988 Patterson Road, Richmond

$1,953 / month

Rent $1,953

Own $2,506

Principal: $621/mo Interest, tax, insurance, fees: $1,885/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$520/mo (year 1) → ~$1,208/mo (year 20) → ~$1,802/mo (year 29).

Net cost to own at year 5 ~$1,885/mo About $68/mo less than renting

EstateBlock estimates 506 8988 Patterson Road, Richmond would rent for about $1,953 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: 506 8988 Patterson Road

Rent vs own

Owning catches up by year 4

With 20% down ($95,760) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $34,134

Principal paid off by year 10 $76,756

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 506 8988 Patterson Road, Richmond is cheaper at first, but owning catches up by year 4, with $34,134 of principal paid off by year 5 and $76,756 by year 10.

Call or Text Now!

Dan Marusin

Renanza Realty

778-918-5990

Award-Winning REALTOR^® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 506 8988 Patterson Road

Very Walkable 81

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 77

Bike Score - Very Bikeable

Biking is convenient for most trips

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506 8988 Patterson Rd, Richmond BC V6X 0R2 – Condo for Sale – MLS® R3173451

Photos

Property Details for 506 8988 Patterson Road

Building Details

Interior Features

Exterior Features

Lot & Land

Property Timeline

About the building: Concord Gardens

Map, sell speed & climate

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (91 nearby)

Shopping (39 nearby)

Groceries (20 nearby)

Cafes (20 nearby)

Healthcare (3 nearby)

Transit (3 nearby)

Sell Speed & Competition

Climate Risk for V6X 0R2

Schools NearBy

R. C. Talmey Elementary School

Grades Served

Catchment Info

Distance

City Vancouver Academy

Grades Served

Catchment Info

Distance

Pythagoras Academy

Grades Served

Catchment Info

Distance

Tomsett Elementary School

Grades Served

Catchment Info

Distance

Robert J. Tait Elementary School

Grades Served

Catchment Info

Distance

St. Anthony of Padua

Grades Served

Catchment Info

Distance

Station Stretch

Grades Served

Catchment Info

Distance

Royal Canadian College

Grades Served

Catchment Info

Distance

Windsor Hall

Grades Served

Catchment Info

Distance

Canada Star Secondary School

Grades Served

Catchment Info

Distance

David Lloyd George Elementary School

Grades Served

Catchment Info

Distance

Vancouver Montessori School

Grades Served

Catchment Info

Distance

des Colibris

Grades Served

Catchment Info

Distance

Maple Hill School

Grades Served

Catchment Info

Distance

Virtuelle

Grades Served

Catchment Info