Property Type: Condo / ApartmentOwnership: Strata

1007 5233 GILBERT ROAD

Richmond, BC V7C0B3

$479,900

1 bed1 bath0 parking625 sqftBuilt 2016
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$447/mo
Annual property tax
$1,999.3 (2025)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
0 — uncovered indicated
Features
Visitor Parking

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®
R3153856
Listed
August 7, 2026
Time on market
On the market for 24 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome to River Park Place, Unit #1007 is gem crafted by the award-winning builder Intracorp. This elegant 625 SQFT condo is nestled in the vibrant Oval Village. Enjoy the spaciousness of this 1-bedroom and den unit, offering breathtaking views of the river and mountains. The unit comes with air conditioning, a patio, and cozy den that can accommodate a small bed! The condo boasts quartz countertops, high-end kitchen appliances. Located in a lively and emerging neighbourhood, you'll find T&T Supermarket, coffee shops, banks, restaurants, and the Olympic Oval facilities all within walking distance. (id:63159)

Values & Trends

This listing

$768/sqft

Building average

$832/sqft

1 active listing(s)

Richmond average

$802/sqft

869 active listing(s)

Parking: Not indicatedStorage 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.

Apartment Market Stats — Richmond

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

MLS® HPI Benchmark Price

$639,700

Jul 2026

Average Sale Price

$604,327

Jul 2026

Monthly Sales

92

Jul 2026

Active Listings

956

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

38 days

Jul 2026

MLS® HPI Benchmark Price

$762,600
$625,400
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

67

8/9 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
Station StretchElementary398 m
Samuel Brighouse ElementaryElementary1.0 km
Maple Hill School(Independent)Secondary1.2 km
Richmond SecondaryElementary1.6 km
William Cook ElementaryElementary1.7 km
City Vancouver Academy(Independent)Secondary1.7 km
Archibald Blair ElementaryElementary1.9 km
General Currie ElementaryElementary2.0 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
Eastbound Lansdowne Rd @ Cedarbridge Way252 m
Northbound Gilbert Rd @ Elmbridge Way291 m
Westbound Elmbridge Way @ Gilbert Rd304 m
Westbound Lansdowne Rd @ Cedarbridge Way326 m
Southbound Gilbert Rd @ Elmbridge Way345 m

Nearby Places

Restaurants (5+)

  • SYU Japanese Cuisine & Sushi Bar · 6628 River Road131 m
  • Just Poké · 6699 River Road165 m
  • Co'm Vietnamese · 7688 Alderbridge Way190 m
  • Sing Cafe Fusion Style · 7488 Lansdowne Road191 m
  • Sushi Mura · 5508 Hollybridge Way196 m

Cafes (5+)

  • Big Rock Café125 m
  • CoCo Fresh Tea & Juice · 6699 River Road199 m
  • Penguin Bros. · 7488 Lansdowne Road200 m
  • Lattea · 5555 Gilbert Road234 m
  • Time Out Cafe478 m

Grocery (3)

  • Izumiya Japanese Marketplace · 7971 Alderbridge Way598 m
  • Real Canadian Superstore · 4651 Number 3 Road708 m
  • Big Crazy Supermarket · 4551 Number 3 Road741 m

Parks (5+)

  • Unnamed274 m
  • Unnamed275 m
  • Unnamed352 m
  • Oval Riverside Plaza507 m
  • Middle Arm Waterfront Greenway · 7411 River Road511 m

Shopping (2)

  • Superstore Plaza · 4651 Number 3 Road688 m
  • London Plaza770 m

Gyms (5+)

  • Burning Hormone Peachfit · 6888 River Road55 m
  • Fitness World · 7468 Lansdowne Road206 m
  • Atomic Jiujitsu218 m
  • F45 Training292 m
  • Raincity Boxing & Fitness349 m

Pharmacies (5+)

  • Shoppers Drug Mart279 m
  • Oval Integrative Pharmacy357 m
  • Minoru Pharmacy · 7380 Westminster Highway652 m
  • Medicine Centre691 m
  • London Drugs · 5971 Number 3 Road789 m

Banks & ATMs (5+)

  • Scotiabank · 6688 River Road62 m
  • TD · 140-7488 Lansdowne Road193 m
  • BMO · 165-6971 Elmbridge Way302 m
  • National Bank666 m
  • National Bank · 5811 Number 3 Road700 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Other Listings in This Building

Other units currently listed in the same building. 1007 5233 GILBERT ROAD

View building profile →
Built 2017

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$383,920.00
Periodic payment — Principal & Interest (monthly)$2,476.92
Additional monthly expenses (strata, tax, utilities, etc.)$644.41
Total monthly cost$3,121.33
Interest paid over 5-yr term$110,032.58
Balance at end of term$345,337.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,505.75

Cash Needed at Closing

Minimum down payment$23,995
Estimated BC PTT$7,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,093

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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