Property Type: TownhouseOwnership: Strata

1 10771 MORTFIELD ROAD

Richmond, BC V7A2W1

$879,800

3 bed2 bath2 parking1,423 sqftBuilt 1971
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$450/mo
Annual property tax
$3,049.68 (2025)

Interior

Heating
Forced air, Natural gas
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
2 — covered indicated
Features
Carport

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3152510
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.

Description

CHELSEA PLACE-fantastic 3 bedroom, END UNIT with 1.5 bathrooms tucked into a quiet neighbourhood backing onto the South Arm Community Park. Move in ready, with lots of updates. Bright white, eat-in kitchen with newer stainless appliances and lots of natural light. Updated washer dryer. Spacious living/dining area with white oak flooring and beautiful brick fireplace with new gas insert opens onto the private west facing backyard with tiled patio and mature landscaping. Upstairs, 3 spacious bedrooms and the main bathroom, renovated with new quartz counters, toilet, shower tile, lighting and fixtures. Ample storage throughout the unit. Well run complex with outdoor pool. Single carport with additional open spot. 7-min walk to transit, minutes to Ironwood Mall, a wonderful opportunity! (id:63159)

Values & Trends

This listing

$618/sqft

Building average

No other active listings in this building

Richmond average

$757/sqft

349 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Townhouse Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$1,035,200

Jul 2026

Average Sale Price

$995,218

Jul 2026

Monthly Sales

70

Jul 2026

Active Listings

395

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

24 days

Jul 2026

MLS® HPI Benchmark Price

$1,174,700
$939,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

209,937

(2021 Census)

+5.9% since 2016

Density: 1,629.1/km²

Dwellings: 85,035

Median household income: $79,000

After-tax: $71,000

Immigrant population: 60.3%

Top countries of origin (% of total population)

  • China22.1% · 46,490
  • Hong Kong11.6% · 24,340
  • Philippines6.5% · 13,570
  • Taiwan3.7% · 7,745
  • India2.6% · 5,380
  • United Kingdom1.1% · 2,210
  • United States of America0.8% · 1,600
  • Viet Nam0.7% · 1,510

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
James Whiteside ElementaryElementary229 m
Hugh McRoberts SecondarySecondary426 m
William Bridge ElementaryElementary763 m
Matthew McNair SecondaryElementary821 m
Walter Lee ElementaryElementary916 m
Thomas Kidd ElementaryElementary1.3 km
Maple Lane ElementaryElementary1.4 km
Ark Elementary Montessori Reggio School(Independent)Elementary1.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound Steveston Hwy @ Mortfield Gate407 m
Eastbound Steveston Hwy @ Mortfield Gate426 m
Westbound Williams Rd @ Ash St429 m
Eastbound Williams Rd @ Garden City Rd432 m
Eastbound Steveston Hwy @ 9000 Block441 m

Nearby Places

Parks (3)

  • South Arm Community Park290 m
  • Unnamed293 m
  • Bridge Neighbourhood School Park · 10400 Leonard Road769 m

Gyms (1)

  • Unnamed65 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($62,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$703,840.00
Periodic payment — Principal & Interest (monthly)$4,540.94
Additional monthly expenses (strata, tax, utilities, etc.)$775.14
Total monthly cost$5,316.08
Interest paid over 5-yr term$201,722.57
Balance at end of term$633,106.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,980
Stress test qualifying rate8.09%
Payment you must qualify for$6,281.06

Cash Needed at Closing

Minimum down payment$62,980
Estimated BC PTT$15,596
Legal / closing costs (typical estimate)$1,500
Total cash needed$80,076

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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