Property Type: Condo / ApartmentOwnership: Strata

117 5700 ANDREWS ROAD

Richmond, BC V7E6N7

$590,000

2 bed2 bath1 parking820 sqftBuilt 2002
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$547/mo
Annual property tax
$2,187.7 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Visitor Parking

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®
R3153016
Listed
August 5, 2026
Time on market
On the market for 26 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group - Vancouver First Realty · Data source: CREA DDF.

Description

Welcome to the award-winning River's Reach by Adera, a beautifully maintained and highly sought-after community in the heart of Steveston. This spacious and efficient ground-floor home features a well-designed open-concept layout with two generously sized bedrooms on opposite sides for added privacy, along with two full bathrooms.Step outside to the oversized private patio overlooking the beautifully landscaped gardens and tranquil lagoon-an ideal space for relaxing or entertaining on sunny days. Inside, you'll find engineered hardwood flooring throughout the living areas and bedrooms, a cozy gas fireplace, in-suite laundry, and a large storage room. A bonus brand-new washer and dryer complete this move-in-ready home. Enjoy the perfect balance of nature and convenience. (id:63159)

Values & Trends

This listing

$720/sqft

Building average

No other active listings in this building

Richmond average

$802/sqft

869 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.

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

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

26

3/9 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
Mia Montessori Academy(Independent)Elementary534 m
Tomekichi Homma ElementaryElementary552 m
Westwind ElementaryElementary1.0 km
Robert A. McMath SecondarySecondary1.6 km
James McKinney ElementaryElementary1.7 km
Ark Elementary Montessori Reggio School(Independent)Elementary1.9 km
Lord Byng ElementaryElementary1.9 km
John G Diefenbaker ElementaryElementary2.2 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
Eastbound Moncton St @ No. 2 Rd369 m
Westbound Moncton St @ No. 2 Rd382 m
Eastbound Moncton St @ Trites Rd426 m
Westbound Moncton St @ Trites Rd480 m
Southbound No. 2 Rd @ Kittiwake Dr639 m

Nearby Places

Restaurants (2)

  • Village Sushi · Number 2 Road370 m
  • Ember Kitchen · 6168 London Road562 m

Cafes (2)

  • Sanctuary Cafe · 13020 Number 2 Road377 m
  • Diplomat Bakery · 6168 London Road513 m

Parks (5+)

  • Great West Cannery Park180 m
  • London's Princess Trail531 m
  • T. Homma Neighbourhood Park612 m
  • London Wharf Park · 6062 Dyke Road627 m
  • South Dyke Trail Entrance712 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$472,000.00
Periodic payment — Principal & Interest (monthly)$3,045.18
Additional monthly expenses (strata, tax, utilities, etc.)$770.31
Total monthly cost$3,815.49
Interest paid over 5-yr term$135,276.56
Balance at end of term$424,565.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,275.45

Cash Needed at Closing

Minimum down payment$34,000
Estimated BC PTT$9,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,300

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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