**OPEN HOUSE SATURDAY 07/11 & SUNDAY 07/12 @ 2-4 PM** Bright and spacious corner unit in the heart of Richmond - Lansdowne Centre. This well-designed 626 sqft 1-bedroom home offers a highly functional layout with no wasted space, featuring a larger living area and a comfortable full-sized bedroom rarely found in many newer 1-bedroom units. Desirable northwest exposure brings abundant natural light and open mountain views. Concrete building with 1 parking stall included. Unbeatable location just steps to Lansdowne SkyTrain Station, shopping, restaurants, T&T, Kwantlen University, and everyday conveniences. Ideal for first-time buyers, downsizers, or investors seeking exceptional value in a prime central location. Move-in ready and easy to show!
Underground, Guest, Front Access, Garage Door Opener
Lot
Central Location, Recreation Nearby, Ski Hill Nearby
Interior features
Guest Suite
Laundry
In Unit
Additional details
Common interest
Condominium
Main floor (ground)
626 ft²
Tax year
2026
Listed by Pacific Evergreen Realty Ltd.. Data from BCRES. Last updated Jul 7, 2026, 9:45 AM.
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 $93,600 down (20%) on $468,000, 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 · 1,253 listings
Condo / Apartment
821
65.5%
Townhouse
220
17.6%
Detached
185
14.8%
Land
19
1.5%
Multi-family
4
0.3%
Other
4
0.3%
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
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 #59153408· Richmond· Transit 93/100 (342m to rapid)· 0.15 km²
Median rent here
$1,880
Owner shelter cost
$910
Renters
49.4%
30%+ on shelter
56.9%
Population (2021)
1,777
Median age
36.8
Avg household size
2.0
Avg household income
$59,700
Renters
49.4%
Owners
50.6%
Immigrants
64.4%
Post-secondary
60.6%
Avg home value
$724,000
Single status
37.3%
Not in labour force
43.3%
Households with kids
24.7%
Median rent
$1,880
Owner shelter cost
$910
30%+ on shelter
56.9%
Breakdown
Under $5,000
70
7.9%
$5,000 to $9,999
25
2.8%
$10,000 to $14,999
20
2.2%
$15,000 to $19,999
30
3.4%
$20,000 to $24,999
60
6.7%
$25,000 to $29,999
45
5.1%
$30,000 to $34,999
30
3.4%
$35,000 to $39,999
55
6.2%
$40,000 to $44,999
55
6.2%
$45,000 to $49,999
45
5.1%
$50,000 to $59,999
65
7.3%
$60,000 to $69,999
55
6.2%
$70,000 to $79,999
60
6.7%
$80,000 to $89,999
40
4.5%
$90,000 to $99,999
50
5.6%
$100,000 to $124,999
85
9.6%
$125,000 to $149,999
45
5.1%
$150,000 to $199,999
25
2.8%
$200,000 and over
30
3.4%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153408).
Market story
Rent in Richmond
Census 2021 avg $1,880/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
