Richmond · Richmond Center

2 Bedroom Condo for Rent in Richmond

$2,850 / month

A 910 ft² two-bedroom condo in Richmond, asking $2,850 a month. The listing mentions treetop views, in-suite laundry and parking included. It leaves 2 obvious questions unanswered, starting with: which way does it face?

At $2,850 for 910 square feet, the asking rent works out to $3.13 per square foot.

That is $170 above the middle of the 220 comparable rentals we are tracking in Richmond, where most ask between $2,300 and $2,950.

The details

Rent$2,850
Bedrooms2
Size910 ft²
FloorNot stated
ExposureNot stated
LaundryIn-suite
ParkingComes with the unit
Property typeCondo
Availablenow
AreaRichmond

Highlights

Treetop viewsParking includedHot water includedIn-suite laundry2 bathroomsBalconyAir conditioningDishwasher

Ask before you view

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?

Roughly where it is

Approximate — listings rarely give an exact address, so treat this as the block, not the door.

Renting in Richmond

Richmond built a dense spine of new towers along the Canada Line, so the stock is young. Pools and gyms are common here rather than exceptional.

TransitCanada Line through Bridgeport, Aberdeen, Lansdowne and Richmond-Brighouse. About 25 minutes to downtown.
Green spaceGarry Point, the West Dyke Trail, Minoru Park and the Fraser River dyke system.

More about renting in Richmond

How this compares

What we’d expect it to ask

$2,899 / month

8 times in ten the answer lands between $2,402 and $3,377. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $2,850 is 1.7% below it — inside the ±11.8% this model cannot tell apart, so it is priced about where we’d expect.

High confidence20 two-bedrooms within 500 mTypically within 7.2%

What moves that number

178 m from Lansdowne Station+$208
This block asks more than the rest of the area+$64

Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.

Location

80 / 100excellent

3 min on foot to Lansdowne (Canada Line), about 33 min to Waterfront.

Walk to SkyTrain3 min walk to Lansdowne (Canada Line), about 180 m in a straight line38
Transit to downtownAbout 33 min to Waterfront: 3 min walk to Lansdowne, then Canada Line straight through18
Town centreIn the middle of Richmond City Centre17
More than one lineOnly the Canada Line is within walking distance0
Green space10 min walk to Minoru Park (26 ha)7

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$2,850 is $170 above the middle of the 220 two-bedrooms we are tracking in Richmond right now ($2,680). Most of them ask between $2,300 and $2,950.

A straight count of asking prices in the area, with nothing adjusted for — unlike the estimate above, it does not care that this one is bigger or closer to a station.

What the estimate cannot see

Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us.

This one is unusually forthcoming. It does state:

CondoLaundry: in-suiteParking: comes with the unitOutdoor spaceAir conditioningDishwasher

Worth reading — but too rare across the feed for us to put a number on.

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?

Estimated from the listings on this site, not a market survey, and from asking rents — what a home is advertised at, not what it lets for.

Similar in Richmond

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