INVESTORS ALERT! Nestled in the prestigious Broadmoor neighbourhood, this well-maintained family home sits on a desirable 6,000 sqft lot with excellent street appeal. Offering 3 bedrooms, 2 bathrooms, and a bright, spacious layout, it's perfect for families, investors, or builders. Whether you're looking to move in, hold as an investment, or build your dream home, this property offers exceptional potential. Conveniently located within the sought-after Richmond Secondary and Ferris Elementary school catchments, and just minutes to Richmond Centre, Canada Line, transit, parks, shopping, and all amenities.
Property details
3
Beds
2 full
Baths
1,571 ft²
Floor area
6,027 ft²
Lot size
1985
Year built
1
Storey
4
Parking
$6,213/yr
Gross tax
Location & structure
Single Family Residence
Type
None
Basement
Yes
Garage
No
Carport
1
Fireplace
Richmond
Area
Broadmoor
Sub-area
Rancher/Bungalow
Style
Style
Rancher/Bungalow
Basement
None
Structure
Residential Detached
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Other
Parking
Garage Double, Front Access
Additional details
Levels
One
Main floor (ground)
1,571 ft²
Tax year
2025
Listed by Luxmore Realty. Data from BCRES. Last updated Jun 29, 2026, 12:34 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 $357,800 down (20%) on $1,789,000, 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 · 1,344 listings
Condo / Apartment
686
51.0%
Detached
356
26.5%
Townhouse
271
20.2%
Land
14
1.0%
Duplex
7
0.5%
Other
10
0.7%
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
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Richmond · 275 dwellings
Single-detached150 · 54.5%
Row house100 · 36.4%
Apartment in duplex20 · 7.3%
Low-rise apartment5 · 1.8%
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 #59151133· Richmond· Transit 67/100 (1640m to rapid)· 0.28 km²
Median rent here
$2,600
Owner shelter cost
$1,580
Renters
14.6%
30%+ on shelter
50.9%
Population (2021)
794
Median age
45.2
Avg household size
2.9
Avg household income
$106,000
Renters
14.6%
Owners
85.5%
Immigrants
72.7%
Post-secondary
68.9%
Avg home value
$2,200,000
Single status
25.2%
Not in labour force
49.2%
Households with kids
41.8%
Median rent
$2,600
Owner shelter cost
$1,580
30%+ on shelter
50.9%
Breakdown
Under $5,000
15
5.4%
$5,000 to $9,999
5
1.8%
$10,000 to $14,999
5
1.8%
$15,000 to $19,999
10
3.6%
$20,000 to $24,999
10
3.6%
$25,000 to $29,999
10
3.6%
$30,000 to $34,999
10
3.6%
$35,000 to $39,999
10
3.6%
$40,000 to $44,999
10
3.6%
$45,000 to $49,999
5
1.8%
$50,000 to $59,999
20
7.1%
$60,000 to $69,999
15
5.4%
$70,000 to $79,999
20
7.1%
$80,000 to $89,999
15
5.4%
$90,000 to $99,999
10
3.6%
$100,000 to $124,999
25
8.9%
$125,000 to $149,999
25
8.9%
$150,000 to $199,999
25
8.9%
$200,000 and over
35
12.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151133).
Market story
Rent in Richmond
Census 2021 avg $2,600/mo here · Vancouver 3BR 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
