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Legal suite

$3,880,000

9240 SAUNDERS ROAD

Beds

5

Baths

6

Sqft

Year

2024

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to this West Coast-style home, combining natural beauty with modern design. Located in Richmond's prestigious Saunders neighbourhood, sits on a quiet corner lot of 7,933 square feet, house 3,630 square feet. The home blends contemporary design with top-quality materials, offering a perfect harmony of comfort and elegance. Designed to maximize natural light, the home features large floor-to-ceiling windows and an open layout that seamlessly connects indoor and outdoor spaces. The spacious living and dining areas are ideal for modern family living. The interior boasts premium materials, Miele appliances, engineered wood doors, 3 car garage, 5 bedroom , with legal suite separate entrance in main level.Open House on Sat(Apr 11)2-4pm& Sun(Apr 12) 2-4pm (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
3,630 square feet
Lot size
7,933 square feet
Lot dimensions
7933
Parking
5 total
Fireplace
1
On market
Oct 15, 2025
Status changed
Apr 13, 2026
Annual tax
$7,370.66 (2024)
Photos
40
MLS#
R3058801
Area
RICHMOND

Features and systems

Parking

Garage

Appliances

AllOven - Built-In

Heating

Radiant heat

Cooling

Air Conditioned

Lot

Central location

Security

Security systemSmoke Detectors
Negative cash flow ~$3,640/mo at these assumptions

Cash on cash

-5.63%

Cap rate

4.76%

GRM

13.9

Break-even rent

$27,106

Financing

Down payment$776,000
Loan amount$3,104,000
Mortgage$19,043/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,778
Insurance$80
Maintenance$3,233
CapEx reserve$1,617
Vacancy loss$1,164

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richmond. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $19,043/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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