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About this home

Well kept very bright with nice and spacious floor plan, 3 bedroom, 2 and half bathroom and huge kitchen. The unit has been updated through the years and major one in 2025. In quietest location of the complex, close to Cambie shopping mall, school and transit route.

Property details

Beds

3 full

Baths

1,282 ft²

Floor area

1995

Year built

Parking

$243/mo

Strata fee

$2,858/yr

Gross tax

Location & structure

Single Family

Type

Yes

Garage

Listed

May 13, 2026

Structure

Row / Townhouse

PID

023-072-580

Features & inclusions

Heating

Electric, Natural gas

Parking

Garage, Visitor Parking

Community

Pets Allowed With Restrictions, Rentals Allowed With Restrictions

Additional details

Common interest

Condo/Strata

Tax year

2025

Listed by Sincere Real Estate Services. 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.

Mortgage estimate

Using listing data

Est. monthly total

$4,558

/mo

Rate

Amortization

Principal and interest

$3,927

Property tax

$238

Strata fee

$243

P&I

Tax

Strata

Down payment

$169,800 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $169,800 down (20%) on $849,000, 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 · 495 listings

Condo / Apartment	278	56.2%
Townhouse	114	23.0%
Detached	82	16.6%
Land	17	3.4%
Multi-family	2	0.4%
Other	2	0.4%

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

Row house75 · 41.7%

Apartment in duplex60 · 33.3%

Single-detached35 · 19.4%

Low-rise apartment10 · 5.6%

Source: Statistics Canada · 2021 Census of Population

Property analysisScored Jun 2

Buyer view7–10 year horizon

1.0% below nearby asking prices

$662/sqft vs area comp median $669/sqft (1.0% below, 20 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 1.0% below the median asking price nearby today.

Weak value signals, score 50.7 of 100Based on 4 of 9 signals · score likely 28.8 to 72.6

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.

Market story

Rent in Richmond

Census 2021 avg $1,600/mo here · Vancouver 3BR rent (est) trend below

$3,370

latest · Jan 2025

↑16.0%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

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

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

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 #59153625· Richmond· Transit 47/100 (2661m to rapid)· 0.13 km²

Median rent here

$1,600

Owner shelter cost

$1,940

Renters

20.0%

30%+ on shelter

25.0%

Population (2021)

631

Median age

39.2

Avg household size

3.4

Avg household income

$130,000

Renters

20.0%

Owners

82.9%

Immigrants

64.2%

Post-secondary

53.1%

Avg home value

$1,460,000

Single status

29.9%

Not in labour force

27.9%

Households with kids

41.7%

Median rent

$1,600

Owner shelter cost

$1,940

30%+ on shelter

25.0%

Breakdown

$20,000 to $24,999	10	5.7%
$30,000 to $34,999	5	2.9%
$35,000 to $39,999	5	2.9%
$40,000 to $44,999	5	2.9%
$45,000 to $49,999	10	5.7%
$50,000 to $59,999	10	5.7%
$60,000 to $69,999	5	2.9%
$70,000 to $79,999	10	5.7%
$80,000 to $89,999	10	5.7%
$90,000 to $99,999	15	8.6%
$100,000 to $124,999	25	14.3%
$125,000 to $149,999	15	8.6%
$150,000 to $199,999	20	11.4%
$200,000 and over	30	17.1%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153625).

#60 – 11571 THORPE Road

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About this home

Property details

Location & structure

Additional details

1.0% below nearby asking prices

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