Welcome to this brand-new, modern duplex offering the perfect blend of style, comfort and functionality. Featuring 4 spacious bedrooms and 5 beautifully appointed bathrooms, this thoughtfully designed home delivers upscale living in a desirable location. The open-concept living area is filled with natural light, while showcasing contemporary design, high-end finishes and thoughtful details throughout. A standout feature is the private in-law suite/mortgage helper, perfect for extended family or guests - providing flexibility and long-term value. School catchments: Kingwood Elementary & McNair Secondary. Ideal for growing families, each bedroom offers comfort and privacy - this home is close to schools, parks, shopping and transit - offering both comfort and connectivity.
Listed by Sutton Group Seafair Realty. Data from BCRES. Last updated Jun 22, 2026, 4:31 PM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $350,000 down (20%) on $1,750,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this 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 · 412 listings
Detached
182
44.2%
Townhouse
125
30.3%
Condo / Apartment
82
19.9%
Land
14
3.4%
Duplex
3
0.7%
Other
6
1.5%
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 · 215 dwellings
Single-detached140 · 65.1%
Apartment in duplex55 · 25.6%
Low-rise apartment15 · 7.0%
Semi-detached5 · 2.3%
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 #59151174· Richmond· Transit 28/100 (3613m to rapid)· 0.15 km²
Median rent here
$1,800
Owner shelter cost
$1,100
Renters
29.2%
30%+ on shelter
31.9%
Population (2021)
667
Median age
46.0
Avg household size
3.1
Avg household income
$120,000
Renters
29.2%
Owners
68.8%
Immigrants
54.0%
Post-secondary
54.1%
Avg home value
$1,640,000
Single status
30.0%
Not in labour force
38.4%
Households with kids
44.2%
Median rent
$1,800
Owner shelter cost
$1,100
30%+ on shelter
31.9%
Breakdown
$20,000 to $24,999
5
2.5%
$25,000 to $29,999
5
2.5%
$35,000 to $39,999
10
5.0%
$40,000 to $44,999
5
2.5%
$50,000 to $59,999
10
5.0%
$60,000 to $69,999
15
7.5%
$70,000 to $79,999
10
5.0%
$80,000 to $89,999
15
7.5%
$90,000 to $99,999
20
10.0%
$100,000 to $124,999
20
10.0%
$125,000 to $149,999
20
10.0%
$150,000 to $199,999
30
15.0%
$200,000 and over
35
17.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151174).
Market story
Rent in Richmond
Census 2021 avg $1,800/mo here · Vancouver 4BR 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
Property analysisScored Jul 8
Buyer view7–10 year horizon
68.9% above area benchmark
$1,750,000 is 68.9% above the Richmond Townhouse HPI benchmark of $1,036,400 (2026-04-01).
On a 7 to 10 year hold, price discovery vs the area benchmark drives outcomes. Today's price sits 68.9% above the GVR HPI for this segment.
Weak value signals·22/100
Weak value signals, score 21.6 of 100Based on 7 of 9 signals · score likely 0 to 48.7
Area benchmark trend
Richmond townhouse benchmark price (GVR MLS® HPI), last 12 months
Partial carrying cost
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.
