Spacious and well-kept 2-level townhouse offering over 1812 sq.ft. of living space with 3 bedrooms, and 2.5 bathrooms-ideal for families. The layout is practical and comfortable, with living areas on the main level and bedrooms upstairs. A major recent improvement is the upgrade of the city water connection piping, completed just a few months ago, reducing future maintenance concerns. Enjoy a private fenced yard and secure underground parking with direct access. Located in central Richmond, within walking distance to R.C. Palmer Secondary School, and close to shopping, parks, and transit. A solid family home with important updates already done.
Property details
3
Beds
3 full
Baths
1,812 ft²
Floor area
1990
Year built
2
Parking
$671/mo
Strata fee
$2,718/yr
Gross tax
Location & structure
Single Family
Type
2 Level
Style
Listed
May 13, 2026
Style
2 Level
Structure
Row / Townhouse
PID
016-921-348
Property highlights
Private yard
Underground parking
Building amenities
In-suite laundry
Features & inclusions
Appliances
All, Dishwasher
Heating
Baseboard heaters, Electric
Parking
Underground
Lot
Central location, Private setting
Community
Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Tax year
2025
Listed by Sutton Group - 1st West Realty. Last updated Jun 7, 2026, 9:10 AM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
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Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $175,400 down (20%) on $877,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 1,342 listings
Condo / Apartment
740
55.1%
Detached
314
23.4%
Townhouse
254
18.9%
Land
17
1.3%
Duplex
6
0.4%
Other
11
0.8%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Richmond · 275 dwellings
Low-rise apartment145 · 52.7%
Row house120 · 43.6%
Single-detached5 · 1.8%
Apartment in duplex5 · 1.8%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59151136· Richmond· Transit 78/100 (1103m to rapid)· 0.08 km²
Median rent here
$2,200
Owner shelter cost
$1,900
Renters
10.9%
30%+ on shelter
46.3%
Population (2021)
849
Median age
44.8
Avg household size
3.0
Avg household income
$80,000
Renters
10.9%
Owners
87.3%
Immigrants
78.4%
Post-secondary
55.0%
Avg home value
$765,000
Single status
30.9%
Not in labour force
44.3%
Households with kids
50.9%
Median rent
$2,200
Owner shelter cost
$1,900
30%+ on shelter
46.3%
Breakdown
Under $5,000
5
1.9%
$5,000 to $9,999
5
1.9%
$15,000 to $19,999
5
1.9%
$20,000 to $24,999
5
1.9%
$25,000 to $29,999
10
3.8%
$30,000 to $34,999
10
3.8%
$35,000 to $39,999
15
5.7%
$40,000 to $44,999
5
1.9%
$45,000 to $49,999
10
3.8%
$50,000 to $59,999
15
5.7%
$60,000 to $69,999
25
9.4%
$70,000 to $79,999
25
9.4%
$80,000 to $89,999
15
5.7%
$90,000 to $99,999
15
5.7%
$100,000 to $124,999
35
13.2%
$125,000 to $149,999
30
11.3%
$150,000 to $199,999
30
11.3%
$200,000 and over
5
1.9%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151136).
Market story
Rent in Richmond
Census 2021 avg $2,200/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
$484/sqft vs area comp median $912/sqft (47.0% below, 20 comps). ⚠ Comp set is older than 60 days. Used area-level comps (sub-area had <5 matches).
On a 7 to 10 year hold, the entry price relative to nearby listings sets the floor for appreciation. This listing is 47.0% below the median asking price nearby today.
Strong value signals·89/100
Strong value signals, score 89.4 of 100Based on 4 of 9 signals · score likely 70.3 to 100
Stale compsNo HPI coveragePrice history accruingRound-number price anchor
Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.
Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.