Property Type: TownhouseOwnership: Strata

11 7400 MINORU BOULEVARD

Richmond, BC V6Y3J5

$835,000

3 bed2 bath1 parking1,322 sqftBuilt 1985
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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
$349/mo
Annual property tax
$2,905.66 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Lot features
Central location, Treed

Building

Security
Smoke Detectors
Parcel ID (PID)
002-798-948

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3149754
Listed
July 24, 2026
Time on market
On the market for 38 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Welcome to this beautifully updated 3bed/2 bath home offering 1322 sqft of bright, spacious, move-in-ready home in desirable Minoru Estates. Designed over three levels featuring generous-sized bedrooms, with a private top-floor primary room retreat with a spacious ensuite bathroom with skylight, a large walk-in closet, and plenty of room to add an office! Two oversized bedrooms are located on the 2nd level with laundry room & full size washer/dryer. The main floor offers an open living & dining area with a cozy fireplace, a bright & private kitchen, abundant XL storage in entry closet, plus additional storage room attahced to the house for easy access/convenience. Step outside onto the fully fenced, private patio & backyard-perfect for entertaining, gardening, children, or pets. Exceptionally well-managed, pet-friendly, with a low strata fee. Centrally located just minutes to Richmond Centre, Minoru Park, excellent schools, the library, recreation facilities & restaurants. Open House: Sat. Aug. 22 @ 12 - 2pm. (id:63159)

Values & Trends

This listing

$632/sqft

Building average

$616/sqft

2 active listing(s)

Richmond average

$757/sqft

349 active listing(s)

Parking: 1 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

17°C

Clear

Humidity 100%

Wind WNW 13 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

30

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
Richmond SecondaryElementary336 m
General Currie ElementaryElementary415 m
W D Ferris ElementaryElementary690 m
St Paul School(Independent)Elementary800 m
R C Palmer SecondaryElementary982 m
William Cook ElementaryElementary1.1 km
Blundell ElementaryElementary1.1 km
Garden City ElementaryElementary1.2 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
Southbound No. 3 Rd @ General Currie Rd188 m
Northbound No. 3 Rd @ General Currie Rd207 m
Northbound No. 3 Rd @ Jones Rd228 m
Southbound No. 3 Rd @ Jones Rd264 m
Northbound No. 3 Rd @ Blundell Rd362 m

Nearby Places

Restaurants (5+)

  • Pho Lan Beef Noodle Soup · 6950 Number 3 Road501 m
  • Bamboo Grove Restaurant · 6920 Number 3 Road518 m
  • Golden Paramount Seafood Restaurant · 8111 Anderson Road601 m
  • Wing Kee Restaurant · 8260 Granville Avenue605 m
  • Kumo Sukiyaki Restaurant · 9111 Anderson Road611 m

Cafes (5+)

  • daydreamers by cafe 33 · 8060 Anderson Road548 m
  • Storeys Cafe · 8080 Anderson Road575 m
  • Cafe & Life Co. · 6833 Buswell Street619 m
  • Tea Origin · 6833 Buswell Street632 m
  • Prunus · 6833 Buswell Street675 m

Grocery (3)

  • Blundell Market · 7791 Number 3 Road333 m
  • Wah Shang Supermarket · 8108 Park Road668 m
  • Sungiven Foods · 8119 Park Road729 m

Parks (3)

  • Brighouse Park363 m
  • General Currie Neighbourhood School Park391 m
  • Ferris Neighbourhood School Park · 7520 Sunnymede Crescent678 m

Banks & ATMs (3)

  • TD · 7008 Number 3 Road455 m
  • BDC · 8100 Granville Avenue498 m
  • Industrial And Commercial Bank Of China (Canada) · 6740 Number 3 Road713 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($58,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$668,000.00
Periodic payment — Principal & Interest (monthly)$4,309.71
Additional monthly expenses (strata, tax, utilities, etc.)$657.22
Total monthly cost$4,966.93
Interest paid over 5-yr term$191,450.72
Balance at end of term$600,868.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$58,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,971.01

Cash Needed at Closing

Minimum down payment$58,500
Estimated BC PTT$14,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$74,700

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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