Richmond · V6V2P2
$6,235/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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This home features 3 bedrooms and 2 full bathrooms upstairs, along with a 1-bedroom & 1 Bath suite with a separate entrance downstairs - ideal for a growing family or as a mortgage helper. Enjoy a fantastic open-concept layout with a large kitchen, spacious dining area perfect for family meals, and a warm, cozy family room with a fireplace. Backs onto a lush greenbelt, offering privacy and potential for a garden oasis. Roof (2012), laminate flooring (2012), extra-large double garage with a spacious driveway for parking. Walking distance to McLean Park, Hamilton Elementary & Community Centre; short drive to Richmond & Easy access to Hwy 91. Open House 28 June ( Sun) 2-4 pm.
Buy / sell history for 5531 OLIVER Drive, Richmond (Single Family)
4
Beds
2,185 ft²
Floor area
1992
Year built
Single Family
Type
Listed
April 8, 2026
Nearby & Commute
42 min
walk to Bulk Barn
17 min
bike to 22nd Street
56 min
walk to 22nd Street
38 min
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Townhouse · 43%
| Townhouse | 43 | 42.6% |
| Detached | 40 | 39.6% |
| Condo / Apartment | 14 | 13.9% |
| Land | 3 | 3.0% |
| Half-duplex | 1 | 1.0% |
| $30,000 to $34,999 | 5 | 2.4% |
| $50,000 to $59,999 | 5 | 2.4% |
| $70,000 to $79,999 | 5 | 2.4% |
| $80,000 to $89,999 | 10 | 4.8% |
| $90,000 to $99,999 | 10 | 4.8% |
| $100,000 to $124,999 | 35 | 16.7% |
| $125,000 to $149,999 | 30 | 14.3% |
| $150,000 to $199,999 | 50 | 23.8% |
| $200,000 and over | 60 | 28.6% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$6,235
Principal and interest
Calculated estimate
$5,726
Property tax
Calculated estimate
$358/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,238,000
Down payment
Calculated estimate
$247,600 (20%)
Estimated mortgage
Calculated estimate
$990,400
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$6,235
/mo
Rate
%
Amortization
Principal and interest
$5,726
Property tax (est.)
$358
P&I
Tax
Down payment
$247,600 (20%)
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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 $247,600 down (20%) on $1,238,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. 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.
Daily mean across the year.
On the drier side for BC.
Snow is the exception here.
Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
At 3.5384 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
