Elegant Luxury a close to brand new home in quiet neighbor of Steveston North! This flat south facing home features abundance of natural sunlight, over 3300 SF home include 4 larger en-suited bedrooms upstairs; a large flex room & bed suite downstairs. Stunning two kitchens with High-end appliances, quartz island and nice cabinetry. Open concept layout with high ceilings in foyer, living room, dinning room and family room. AC, HRV, radiant heat, security cameras, private balcony complete this exceptional home. Central location, walking distance to the West Dyke Trails, restaurants, shopping mall, schools and transit. Don't miss this perfect and comfortable home! A pleasure to show! Open House: Saturday (July 11) from 2-4pm, Sunday (July 12) from 2-4pm Virtual Tour: https://realsee.ai/qjMMw
Listed by Macdonald Realty Westmar. Data from BCRES. Last updated Jul 9, 2026, 3:37 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.
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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 $596,000 down (20%) on $2,980,000, 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 · 591 listings
Detached
320
54.1%
Townhouse
144
24.4%
Condo / Apartment
106
17.9%
Duplex
8
1.4%
Half-duplex
6
1.0%
Other
7
1.2%
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.
Census 2021 dwelling structural-type mix · Richmond · 235 dwellings
Single-detached190 · 80.9%
Apartment in duplex35 · 14.9%
Semi-detached10 · 4.3%
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 #59151105· Richmond· Transit 12/100 (4384m to rapid)· 0.22 km²
Median rent here
$2,000
Owner shelter cost
$830
Renters
12.2%
30%+ on shelter
16.3%
Population (2021)
773
Median age
44.4
Avg household size
3.2
Avg household income
$138,000
Renters
12.2%
Owners
87.8%
Immigrants
49.7%
Post-secondary
62.8%
Avg home value
$1,420,000
Single status
25.8%
Not in labour force
40.1%
Households with kids
47.9%
Median rent
$2,000
Owner shelter cost
$830
30%+ on shelter
16.3%
Breakdown
$20,000 to $24,999
5
2.3%
$25,000 to $29,999
5
2.3%
$40,000 to $44,999
5
2.3%
$45,000 to $49,999
5
2.3%
$50,000 to $59,999
10
4.5%
$60,000 to $69,999
10
4.5%
$70,000 to $79,999
10
4.5%
$80,000 to $89,999
10
4.5%
$90,000 to $99,999
15
6.8%
$100,000 to $124,999
25
11.4%
$125,000 to $149,999
25
11.4%
$150,000 to $199,999
45
20.5%
$200,000 and over
50
22.7%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151105).
Market story
Rent in Richmond
Census 2021 avg $2,000/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
