7 8428 Park Rd, Richmond BC V6Y 0K1 – Townhouse for Sale – MLS® R3181792

7 8428 Park Road, Richmond, British Columbia V6Y 0K1

6 days on the market
$1,038,000
Est. monthly cost $5,521/mo
Updated with MLS® -
Luxio On The Park
3 Beds
3 Baths
1488 sqft
698 $ /sqft
941.24 $ Maint. fee
2024 built
NEW 21.4% cheaper than comps
6 days on the market
$1,038,000
Est. $5,521/mo with 20% down
Updated with MLS® -

Property Details for 7 8428 Park Road

21.4% cheaper than comps

Welcome home to LUXIO on the Park, an exclusive boutique community of just 49 residences! Exceptional Value in this BRAND NEW 3 bedroom and 2.5 bath, 3 level TOWNHOME. Perfectly positioned in a quiet yet central Richmond location at Park & Cooney, steps from Richmond Centre, Brighouse SkyTrain, premium shopping, dining, Sungiven Foods and Cook Elementary. Enjoy year-round comfort with energy-efficient heat pump heating and cooling. The spacious, contemporary kitchen features full-size appliances, a gas range and premium Bosch/Fisher & Paykel appliance package. Discover our collection of 1, 2 & 3-bedroom homes, ready for immediate occupancy! Eligible first-time homebuyers may qualify for the GST New Housing Rebate. OPEN HOUSE: Sat/Sun, November 7 & 8, 3–5PM

Building Details

Price $1,038,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1488
Year Built 2024
Age Of Building 2
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Building Amenities Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name Luxio On The Park
Ownership Type Freehold Strata
Maintenance Fee $941.24
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Guest, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Units In Development 41

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Fireplace 0
Heating Type Heat Pump
Cooling Central Air
Laundry In Unit
# of Kitchens 0
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Torch-On
Structures Residential Attached

Lot & Land

MLS® # R3181792
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6Y 0K1
Gross Taxes $4,768.22
Zoning ZLR26

Property Timeline

Status Date Price
R3181792 / Active 11-05-2026 $1,038,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'3 x 11'3 ft
Main Level Dining Room 7'3 x 7'3 ft
Main Level Flex Room 9'2 x 9'2 ft
Above Level Bedroom 12'5 x 12'5 ft
Above Level Bedroom 9'6 x 9'6 ft
Abv Main 2 Primary Bedroom 12'0 x 12'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level No #4
Above Main 2 Yes #4

Listed by: Macdonald Realty

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: Luxio On The Park

8428 Park Road, Brighouse, Richmond

Luxio On The Park building details

Building

Built
2024
Homes
49 in 6 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPP59382
Managed by
Citybase
Parking
Garage Underbuilding
Lockers
Limited
Strata fee covers
WaterSewerRecreation FacilityManagementHot WaterHeatGeothermalGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Luxio On The Park

For sale
7
Median ask
$768K
Median $/sqft
$833
Days on market
42
Sold, past year
1
This home

$698/sqft, 16.2% below the building median of $833.

  • Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2029, structural to 2034.

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

Map, sell speed & climate

SkyTrain 0.54 km · A.R. MacNeill Secondary School 6.9/10 · 1.16 km · crime average · sell-speed score 75/100 (likely within 1–3 weeks) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (91 nearby)

  • Redbud restaurant · 272 m · Restaurant
  • Sea fortune restaurant · 296 m · Restaurant
  • Wing kee restaurant · 298 m · Restaurant

Shopping (55 nearby)

  • Chemmart pharmacy · 265 m · Pharmacy
  • La rose fleur · 273 m · Florist
  • Giant · 278 m · Bicycle Shop

Cafes (24 nearby)

  • Hui lau shan · 258 m · Cafe
  • Prunus · 264 m · Cafe
  • Tea origin · 297 m · Cafe

Groceries (19 nearby)

  • 7-eleven · 257 m · Convenience
  • Sungiven foods · 330 m · Supermarket
  • Wah shang supermarket · 336 m · Supermarket

Healthcare (6 nearby)

  • Chemmart pharmacy · 265 m · Healthcare
  • Mccue pharmacy · 388 m · Healthcare
  • Mj's pharmacy · 630 m · Healthcare

Transit (2 nearby)

  • Skytrain @ brighouse stn station · 543 m · Transit
  • Bus stop northbound minoru blvd @ murdoch ave · 770 m · Transit

Public Schools

Secondary
A.R. MacNeill Secondary School
Average 1.16 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 1.24 km 8.4/10
Secondary
Maple Hill School
Average 0.41 km 5.6/10

Closest Transit

Bus Stop
Westbound Granville Ave @ Cooney Rd
0.19 km
Skytrain
Skytrain @ Brighouse Stn
0.54 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

75 / 100
Overall sell-speed score
Likely within 1–3 weeks
A+
Price competition grade
Avg comparable: $1,320,650
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.54 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
6 DOM
Very fast
Brighouse avg
44 DOM
Average
Richmond avg
44 DOM
Slower market

7 8428 Park Road has a sell-speed score of 75/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 21.4% 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 16.7% and an area average of 44 days on market — conditions are balanced. With 353 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to attract offers within 1–3 weeks.

Climate Risk for V6Y 0K1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Y 0K1, 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 (~2.9 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

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

Virtuelle

Public

Grades Served

—

Catchment Info

—
N/A

Distance

317 m

Maple Hill School

Independent

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

409 m

Continuing Ed SD 38

Public

Grades Served

—

Catchment Info

—
2.6 / 10

Distance

679 m

General Currie Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.5 / 10

Distance

713 m

Henry Anderson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

854 m

Richmond Secondary

Public

Grades Served

—

Catchment Info

—
8.1 / 10

Distance

917 m

R C Palmer Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.6 / 10

Distance

1.16 KM

A.R. MacNeill Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.9 / 10

Distance

1.16 KM

St.Paul School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

1.24 KM

Garden City Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.3 / 10

Distance

1.40 KM

Station Stretch

Public

Grades Served

4, 8-12

Catchment Info

—
4.2 / 10

Distance

1.42 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.46 KM

W D Ferris Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

1.56 KM

Howard De Beck Elementary

Public

Grades Served

—

Catchment Info

—
7.7 / 10

Distance

1.77 KM

Pythagoras Academy

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

1.90 KM

Blundell Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.90 KM

City Vancouver Academy

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

2.09 KM

Tomsett Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

2.19 KM

Walter Lee Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.32 KM

Errington Learning Centre

Public

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.55 KM

John T Errington Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.3 / 10

Distance

2.57 KM

Archibald Blair Elementary

Public

Grades Served

—

Catchment Info

—
8.5 / 10

Distance

2.60 KM

Donald E McKay Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.61 KM

Matthew McNair Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.3 / 10

Distance

2.74 KM

Hugh McRoberts Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.0 / 10

Distance

2.75 KM

R. C. Talmey Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.76 KM

J.N. Burnett Secondary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

2.79 KM

James Whiteside Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.85 KM

des Navigateurs

Public

Grades Served

—

Catchment Info

—
7.3 / 10

Distance

2.86 KM

Pre-computed routes from 7 8428 Park Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    35 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    53 min
  • SFU Burnaby via Brighouse → Production Way
    60 min
  • Richmond Centre
    10 min
  • YVR Airport via Brighouse → YVR-Airport
    23 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    16 min
  • Metrotown, Burnaby via Lougheed Hwy
    14 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

7 8428 Park Rd, Richmond, BC is ideally located for commuters. The property is 0.5 km from Brighouse, with a 35 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Granville Ave @ Cooney Rd (0.19 km). Walk Score Transit rating: Excellent Transit (78/100).

Walkability & Transit Near 7 8428 Park Road

Walk Score Badge
Very Walkable 82

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 73

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $5,521/month · rent estimate $3,176/month · renting is cheaper than owning here · cash flow if rented −$2,548/month

Mortgage Calculator for 7 8428 Park Road

30-year fixed
$5,521 /month
Principal & Interest $4,183
Property Taxes $397
Maintenance fee $941

The estimated monthly cost of 7 8428 Park Road, Richmond is $5,521: $4,183 principal and interest with 20% down over 30 years at 4.45%, plus $397 property tax and $941 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

−$2,548 /month
Mortgage Payment $4,183
Monthly Cash Flow −$2,548
Break Even Down Payment 69%
Cap Rate -2.9%
Cash on Cash -14.7%

If 7 8428 Park Road, Richmond were rented at $3,176 a month with 5% vacancy, it would fall $2,548 a month short of the mortgage and carrying costs; about 69% 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 7 8428 Park Road, Richmond

$3,176 / month
Rent $3,176
Own $5,521
Principal: $1,345/mo Interest, tax, insurance, fees: $4,176/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,126/mo (year 1) → ~$2,619/mo (year 20) → ~$3,906/mo (year 29).

Net cost to own at year 5 ~$4,176/mo About $1,000/mo more than renting

EstateBlock estimates 7 8428 Park Road, Richmond would rent for about $3,176 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: 7 8428 Park Road

Rent vs own

Renting is cheaper here

With 20% down ($207,600) at 4.45%: even counting principal paydown, owning costs more over 30 years

Principal paid off by year 5 $74,000
Principal paid off by year 10 $166,402

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 7 8428 Park Road, Richmond stays cheaper than owning it over 30 years, with $74,000 of principal paid off by year 5 and $166,402 by year 10.

Price vs Neighbourhood Average — Brighouse, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $1,038,000
Richmond Loading...
Brighouse Loading...

Based on 5 comparable active townhouses in Brighouse, the average asking price is $1,320,650. This listing is priced 21.4% below the neighbourhood average. This property is flagged as a Hot Deal (21.4% cheaper than comparables) based on its competitive pricing and market demand.

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

Call or Text Now!

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $6,994
0 of 21 missions

Sign up on Estateblock.com

$350 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 7 8428 Park Road

Walk Score Badge
Very Walkable 82

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 73

Bike Score - Very Bikeable

Biking is convenient for most trips

Similar Townhouses for Sale in Brighouse

Recently Sold Homes Near 7 8428 Park Road

3 367 E 33rd Avenue, Vancouver, BC, Vancouver — Townhouse for sale
3 367 E 33rd Avenue, Vancouver, BC, Vancouver — Townhouse for sale
3 367 E 33rd Avenue, Vancouver, BC, Vancouver — Townhouse for sale
3 367 E 33rd Avenue, Vancouver, BC, Vancouver — Townhouse for sale
3 367 E 33rd Avenue, Vancouver, BC, Vancouver — Townhouse for sale
Sold

3 367 E 33rd Avenue, Vancouver, BC

3 Beds
3 Baths
1269 sqft
2025 built
MLS® R3019167, Oakwyn Realty Ltd.
25 10511 No. 5 Road, Richmond, BC, Richmond — Townhouse for sale
25 10511 No. 5 Road, Richmond, BC, Richmond — Townhouse for sale
25 10511 No. 5 Road, Richmond, BC, Richmond — Townhouse for sale
25 10511 No. 5 Road, Richmond, BC, Richmond — Townhouse for sale
25 10511 No. 5 Road, Richmond, BC, Richmond — Townhouse for sale
Sold

25 10511 No. 5 Road, Richmond, BC

3 Beds
3 Baths
1672 sqft
2020 built
MLS® R3098722, RE/MAX Crest Realty
6322 Oak Street, Vancouver, BC, Vancouver — Townhouse for sale
6322 Oak Street, Vancouver, BC, Vancouver — Townhouse for sale
6322 Oak Street, Vancouver, BC, Vancouver — Townhouse for sale
6322 Oak Street, Vancouver, BC, Vancouver — Townhouse for sale
6322 Oak Street, Vancouver, BC, Vancouver — Townhouse for sale
Sold

6322 Oak Street, Vancouver, BC

3 Beds
3 Baths
1536 sqft
2025 built
MLS® R3111122, RE/MAX Crest Realty
782 E 29th Avenue, Vancouver, BC, Vancouver — Townhouse for sale
782 E 29th Avenue, Vancouver, BC, Vancouver — Townhouse for sale
782 E 29th Avenue, Vancouver, BC, Vancouver — Townhouse for sale
782 E 29th Avenue, Vancouver, BC, Vancouver — Townhouse for sale
782 E 29th Avenue, Vancouver, BC, Vancouver — Townhouse for sale
Sold

782 E 29th Avenue, Vancouver, BC

3 Beds
2 Baths
1426 sqft
2011 built
MLS® R2885040, Sotheby's International Realty Canada
2 9000 General Currie Road, Richmond, BC, Richmond — Townhouse for sale
2 9000 General Currie Road, Richmond, BC, Richmond — Townhouse for sale
2 9000 General Currie Road, Richmond, BC, Richmond — Townhouse for sale
2 9000 General Currie Road, Richmond, BC, Richmond — Townhouse for sale
2 9000 General Currie Road, Richmond, BC, Richmond — Townhouse for sale
Sold

2 9000 General Currie Road, Richmond, BC

3 Beds
3 Baths
1328 sqft
2016 built
MLS® R2938439, RE/MAX Westcoast
39 10333 River Drive, Richmond, BC, Richmond — Townhouse for sale
39 10333 River Drive, Richmond, BC, Richmond — Townhouse for sale
39 10333 River Drive, Richmond, BC, Richmond — Townhouse for sale
39 10333 River Drive, Richmond, BC, Richmond — Townhouse for sale
39 10333 River Drive, Richmond, BC, Richmond — Townhouse for sale
Sold

39 10333 River Drive, Richmond, BC

3 Beds
4 Baths
1780 sqft
2024 built
MLS® R2729863, Nu Stream Realty Inc.