Property Type: Detached HouseOwnership: Freehold

10551 BRIDGEPORT ROAD

Richmond, BC V6X1S9

$1,279,000

3 bed3 bath4 parking2,150 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
House
Lot size
7,508 square feet
Frontage
57 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,367.11 (2025)

Interior

Heating
Forced air
Fireplace
Yes (1)

Parking

Total spaces
4

Listing Information

MLS®
R3149136
Listed
July 22, 2026
Time on market
On the market for 40 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Riverside Realty Ltd. · Data source: CREA DDF.

Description

An exceptional opportunity for investors or homeowners looking to offset their mortgage by living in one suite while generating rental income from the other two. Situated on an approx 7,500 sqft lot, the property is currently zoned to allow for a single-family home or up to four dwelling units, offering excellent future development potential. Ideally located with quick access to the Oak and Knight Street bridge, and just minutes from shopping, Vancouver International Airport, and the Canada Line SkyTrain. Enjoy nearby riverside walking trails and everyday conveniences. There is also potential for future rezoning to smaller lots in conjunction with neighboring properties, adding further long-term value. An outstanding holding property with stable, positive rental income. (id:63159)

Values & Trends

This listing

$595/sqft

Building average

No other active listings in this building

Richmond average

$809/sqft

621 active listing(s)

Parking: 4 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.

Detached (House) Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,911,700

Jul 2026

Average Sale Price

$1,917,898

Jul 2026

Monthly Sales

63

Jul 2026

Active Listings

612

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,225,800
$1,911,700
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

26

5/9 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
Chaoyin Bilingual School(Independent)Elementary451 m
Robert J Tait ElementaryElementary582 m
Canada Star Secondary School(Independent)Secondary884 m
Windsor Hall(Independent)Middle1.0 km
R. C. Talmey ElementaryElementary1.0 km
Tomsett ElementaryElementary1.2 km
Mitchell ElementaryElementary1.4 km
City Vancouver Academy(Independent)Secondary1.8 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 Bridgeport Rd @ McLennan Ave106 m
Westbound Bridgeport Rd @ McLennan Ave159 m
Westbound Bridgeport Rd @ Shell Rd223 m
Eastbound Bridgeport Rd @ Shell Rd364 m
Westbound Bridgeport Rd @ McLeod Ave374 m

Nearby Places

Restaurants (5+)

  • Davie Dosa Company · 3031 Beckman Place181 m
  • Dai Jang Kum · 109-3088 Saint Edwards Drive257 m
  • Moxie's · 3233 Saint Edwards Drive598 m
  • Denny's · 10211 Saint Edwards Drive609 m
  • Chop Steakhouse Bar637 m

Cafes (2)

  • Creme de la Crumb609 m
  • Tim Hortons · 9731 Bridgeport Road728 m

Grocery (1)

  • Sungiven Foods · 9771 Bridgeport Road592 m

Parks (2)

  • Tait Waterfront Park · 9991 River Drive775 m
  • Kilby Park784 m

Gyms (1)

  • Club 16 Trevor Linden Fitness · 10251 Saint Edwards Drive641 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($102,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,023,200.00
Periodic payment — Principal & Interest (monthly)$6,601.34
Additional monthly expenses (strata, tax, utilities, etc.)$471.93
Total monthly cost$7,073.27
Interest paid over 5-yr term$293,252.06
Balance at end of term$920,371.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$102,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,043.80

Cash Needed at Closing

Minimum down payment$102,900
Estimated BC PTT$23,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$127,980

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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