Discover Southgate Landing - located in Richmond´s highly desirable South Arm neighborhood, offering a perfect balance of natural surroundings and everyday convenience. The community is close to a wide selection of dining, shopping, and recreational amenities, making it an ideal location for families and discerning homeowners seeking both tranquility and accessibility. This thoughtfully designed European-style townhouse showcases refined architecture and a luxurious living experience. Featuring dramatic nine-foot ceilings, high-quality woodwork trim, and carefully selected interior finishes, the home delivers a bright, spacious, and elegant atmosphere throughout. Every space has been meticulously curated to reflect a modern definition of luxury while maintaining comfort and function
Property details
5
Beds
4 full
Baths
1,844 ft²
Floor area
2023
Year built
$657/mo
Strata fee
$5,174/yr
Gross tax
Location & structure
Single Family
Type
Yes
Garage
Listed
February 18, 2026
Structure
Row / Townhouse
PID
031-836-135
Features & inclusions
Appliances
All
Heating
Heat Pump
Cooling
Air Conditioned
Parking
Garage
Community
Pets Allowed
Additional details
Common interest
Condo/Strata
Tax year
2025
Listed by Nu Stream Realty Inc.. 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.
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 $279,800 down (20%) on $1,399,000, 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.
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
Inventory mix
What this area trades in
Within 3 km of this listing · 403 listings
Detached
207
51.4%
Townhouse
100
24.8%
Condo / Apartment
73
18.1%
Land
14
3.5%
Duplex
5
1.2%
Other
4
1.0%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Richmond · 180 dwellings
Single-detached150 · 83.3%
Apartment in duplex25 · 13.9%
Semi-detached5 · 2.8%
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 #59153099· Richmond· Transit 22/100 (3890m to rapid)· 0.17 km²
Median rent here
$1,800
Owner shelter cost
$970
Renters
22.9%
30%+ on shelter
32.4%
Population (2021)
586
Median age
46.0
Avg household size
3.2
Avg household income
$121,000
Renters
22.9%
Owners
74.3%
Immigrants
57.5%
Post-secondary
47.9%
Avg home value
$1,840,000
Single status
26.0%
Not in labour force
45.8%
Households with kids
40.5%
Median rent
$1,800
Owner shelter cost
$970
30%+ on shelter
32.4%
Breakdown
$20,000 to $24,999
5
2.9%
$25,000 to $29,999
5
2.9%
$30,000 to $34,999
5
2.9%
$40,000 to $44,999
5
2.9%
$45,000 to $49,999
5
2.9%
$50,000 to $59,999
5
2.9%
$60,000 to $69,999
15
8.8%
$70,000 to $79,999
5
2.9%
$80,000 to $89,999
10
5.9%
$90,000 to $99,999
10
5.9%
$100,000 to $124,999
25
14.7%
$125,000 to $149,999
20
11.8%
$150,000 to $199,999
25
14.7%
$200,000 and over
30
17.6%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153099).
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
$759/sqft vs area comp median $806/sqft (5.9% below, 9 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 5.9% below the median asking price nearby today.
In line with market·59/100
In line with market, score 58.7 of 100Based on 4 of 9 signals · score likely 43.4 to 74
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.
