Since Condos are part of a Strata Corporation, it is very important for the Buyer to read and understand all the Strata documents, to determine the strata status before making a purchase decision.
These are the most common docs: Current Form B, Bylaws & Rules, Strata Minutes including AGM, SGM, Rental Disclosure Statement, Engineering Reports, Depreciation Reports, Current Financial Statements, and Insurance Certificate.
According to Statistics Canada (2016 Census): In Richmond there are 17,730 Condos in buildings with 5 stories of less, 10,400 condos in buildings with 5 stories or higher.
As of March 2022, the MLS® HPI Price of a Richmond condo rose to $828,100, according To GVR Market Statistics.
Check Richmond Market Statistics to see Richmond condo prices, how long a Richmond condo Listing is on the market before it’s sold, the number of condos sold per month, and the sales to active ratio for Richmond condos for sale.
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