Welcome to The Gardens! This bright one-bedroom and den home features a functional layout, south-facing patio, air conditioning, stainless steel appliances, granite countertops, and laminate flooring. The versatile den is ideal for a home office or additional sleeping space. Enjoy access to a 6,000 sq. ft. clubhouse with fitness facilities, indoor recreation areas, meeting rooms, and landscaped courtyards. Walk to Ironwood Plaza and enjoy easy access to Riverport, transit, Highway 99, Vancouver, Ladner, and Surrey. Includes one parking stall and is ready to move in
Listed by Laboutique Realty. Data from BCRES. Last updated Jul 2, 2026, 1:14 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 $97,800 down (20%) on $489,000, 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 · 201 listings
Detached
112
55.7%
Townhouse
52
25.9%
Condo / Apartment
29
14.4%
Land
4
2.0%
Half-duplex
3
1.5%
Other
1
0.5%
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
Property analysisScored Jun 30
Buyer view7–10 year horizon
26.2% below area benchmark
$489,000 is 26.2% below the Richmond Apartment HPI benchmark of $662,200 (2026-04-01).
On a 7 to 10 year hold, price discovery vs the area benchmark drives outcomes. Today's price sits 26.2% below the GVR HPI for this segment.
In line with market·70/100
In line with market, score 69.9 of 100Based on 6 of 9 signals · score likely 53.5 to 86.3
Area benchmark trend
Richmond apartment benchmark price (GVR MLS® HPI), last 12 months
Price 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.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Richmond · 780 dwellings
Row house400 · 51.3%
High-rise apartment170 · 21.8%
Single-detached155 · 19.9%
Low-rise apartment30 · 3.8%
Apartment in duplex25 · 3.2%
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 #59151169· Richmond· Transit 23/100 (3837m to rapid)· 1.68 km²
Median rent here
$1,600
Owner shelter cost
$1,720
Renters
44.1%
30%+ on shelter
46.0%
Population (2021)
1,651
Median age
38.4
Avg household size
2.1
Avg household income
$86,000
Renters
44.1%
Owners
55.9%
Immigrants
58.3%
Post-secondary
61.8%
Avg home value
$908,000
Single status
34.1%
Not in labour force
27.4%
Households with kids
24.5%
Median rent
$1,600
Owner shelter cost
$1,720
30%+ on shelter
46.0%
Breakdown
Under $5,000
20
2.5%
$5,000 to $9,999
10
1.3%
$10,000 to $14,999
10
1.3%
$15,000 to $19,999
20
2.5%
$20,000 to $24,999
25
3.2%
$25,000 to $29,999
35
4.4%
$30,000 to $34,999
30
3.8%
$35,000 to $39,999
30
3.8%
$40,000 to $44,999
35
4.4%
$45,000 to $49,999
35
4.4%
$50,000 to $59,999
70
8.9%
$60,000 to $69,999
65
8.2%
$70,000 to $79,999
65
8.2%
$80,000 to $89,999
60
7.6%
$90,000 to $99,999
45
5.7%
$100,000 to $124,999
95
12.0%
$125,000 to $149,999
45
5.7%
$150,000 to $199,999
55
7.0%
$200,000 and over
40
5.1%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151169).
Market story
Rent in Richmond
Census 2021 avg $1,600/mo here · Vancouver 1BR 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
