Brand new corner townhouse in Richmond's sought-after Reverie community. This air-conditioned 4 bedroom, 3.5 bathroom home offers 1,569 square ft over three levels with 10' ceilings on the main and 9' ceilings above. Bright open-concept layout with exposures to the North, East and West. Modern kitchen features waterfall island, stone countertops, stainless steel appliances and gas cooktop with powerful fan. Quiet triple-glazed windows, laminate flooring, hotel-inspired bathrooms, smart home features and in-suite laundry. Flexible lower-level bedroom with full bath and patio access. Extra-large side-by-side double garage, EV ready with epoxy flooring. 2-5-10 New Home Warranty. Family-friendly location close to schools, parks, shopping and transit.
Property details
4
Beds
4 full
Baths
1,569 ft²
Floor area
2024
Year built
2
Parking
$506/mo
Strata fee
$4,379/yr
Gross tax
Location & structure
Single Family
Type
Full
Basement
Yes
Garage
Listed
January 24, 2026
Basement
Full
Structure
Row / Townhouse
PID
032-198-311
Property highlights
In-suite laundry
Patio
Double garage
Smart home
High ceilings
Gas range
Features & inclusions
Appliances
All
Heating
Heat Pump
Cooling
Air Conditioned
Parking
Garage, Visitor Parking
Lot
Central location
Community
Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Tax year
2025
Listed by Dracco Pacific Realty. Last updated Jul 6, 2026, 8:05 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 $277,600 down (20%) on $1,388,000, 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 · 945 listings
Condo / Apartment
405
42.9%
Detached
282
29.8%
Townhouse
228
24.1%
Land
17
1.8%
Half-duplex
6
0.6%
Other
7
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 · 135 dwellings
Single-detached80 · 59.3%
Apartment in duplex40 · 29.6%
Semi-detached10 · 7.4%
Low-rise apartment5 · 3.7%
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 #59151156· Richmond· Transit 47/100 (2629m to rapid)· 0.11 km²
Median rent here
$1,900
Owner shelter cost
$1,840
Renters
37.0%
30%+ on shelter
37.0%
Population (2021)
415
Median age
45.2
Avg household size
3.2
Avg household income
$130,000
Renters
37.0%
Owners
63.0%
Immigrants
55.1%
Post-secondary
55.4%
Avg home value
$1,760,000
Single status
25.4%
Not in labour force
39.2%
Households with kids
36.0%
Median rent
$1,900
Owner shelter cost
$1,840
30%+ on shelter
37.0%
Breakdown
$20,000 to $24,999
10
9.5%
$50,000 to $59,999
10
9.5%
$60,000 to $69,999
10
9.5%
$70,000 to $79,999
5
4.8%
$80,000 to $89,999
5
4.8%
$90,000 to $99,999
5
4.8%
$100,000 to $124,999
15
14.3%
$125,000 to $149,999
15
14.3%
$150,000 to $199,999
15
14.3%
$200,000 and over
15
14.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151156).
Market story
Rent in Richmond
Census 2021 avg $1,900/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
