Affordable Waterfront Condo

Waterstone Pier 102, 14200 Riverport Way, Richmond MLS: V1001716 List Price: $458,888 Floor Area: 1100sqft Unit: 2 Beds: 2 Bath Taxes: $1826

I decided to stay close to home this month for the open house search.  When my husband, Mark, and I first looked at Waterstone Pier, it had that spark for us.  We love our unit, but often think about the beauty of the water side.  We get stunning sunsets from our southwest facing home, but the sunrises from the east side of the building are simply marvellous.  Mount Baker can take your breath away and when I walked into unit 102 of our 14200 building all I could think was how fabulous the mornings would be. The two bedrooms, the living room, kitchen and patio all have a front and centre view.  Even cooler, you can watch the ships that cruise past each day carrying all sorts of freight, most commonly the gigantic beasts that bring the automobiles to the Fraser Wharves.

This unit has direct access to the back green area – like it’s very own yard.  Perfect for a young family or dog lovers.  In and out for walks along the water in no time.  If you love the movies, hockey, trampolines, pubs, Subway, spaghetti, and farm markets – then this could be your dream home.  The unit is within a few steps of the Riverport Recreation Complex and only a 3-minute drive to one of the best farm markets in the lower mainland; Richmond Country Farms.  Great access to the highway, only 25-minutes to downtown Vancouver and direct routes to Ladner, Surrey, New Westminster, and Burnaby; it’s a central place to call home.


  • Great Views
  • Open Layout
  • High quality finishings
  • Access to green space and walk ways
  • Good layout
  • Large kitchen
  • 2 closets in each bedroom
  • Close to activity centres


  • Have to drive to groceries and shopping
  • Car dependent
  • Only one underground parking spot
  • Some decor (wallpaper) may not fit with your personal style and  may require updating


Interest Rate: 2.89% Purchase Price: $458,888

High Ratio Loan (less than 20% down payment); 25-year amortization Down Payment (5%): $22,944.40 CMCH fees: $11,989 Total loan: $447,932.60 Amortization: 25 years Payment: $2,095 Approximate income required: $100,800

Conventional Loan (20% or more down payment); 30-year amortization Down Payment (20%): $91,777.60 Total Loan: $367,110.40 Amortization: 30 years Payment: $1,526 Approximate income required: $79,500

From my home to yours - Irene