Property Type: Condo / ApartmentOwnership: Strata

120 5500 ANDREWS ROAD

Richmond, BC V7E6M9

$678,000

2 bed2 bath1 parking865 sqftBuilt 1997
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Amenities

Gym

Also listed: Daycare, Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$501/mo
Annual property tax
$2,142.98 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Parking

Total spaces
1 — 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®
R3119115
Listed
May 5, 2026
Time on market
On the market for 118 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome home to a fantastic ground-floor suite offering both comfort and convenience in a highly desirable location. Updates include vinyl plank flooring throughout, and new appliances. Enjoy outdoor living on a 264 square ft SOUTH-facing patio, a sun-filled space perfect for relaxing, entertaining, or enjoying your morning coffee. With direct walk-up access-offering a townhouse-like feel. Equipped with an EV-stall, and ample parking along Dyke Road making hosting guests effortless. Enjoy a leisurely stroll to the charm and amenities of Steveston Village, all while being located within the sought-after Homma Elementary and McMath Secondary school catchments. A rare combination of lifestyle, layout, and location.*Some photos virtually staged* (id:63159)

Values & Trends

This listing

$784/sqft

Building average

$794/sqft

1 active listing(s)

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
Tomekichi Homma ElementaryElementary410 m
Mia Montessori Academy(Independent)Elementary567 m
Westwind ElementaryElementary1.0 km
Robert A. McMath SecondarySecondary1.6 km
James McKinney ElementaryElementary1.7 km
Lord Byng ElementaryElementary1.8 km
Ark Elementary Montessori Reggio School(Independent)Elementary2.1 km
John G Diefenbaker ElementaryElementary2.1 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 @ Trites Rd425 m
Westbound Moncton St @ Trites Rd455 m
Eastbound Moncton St @ No. 2 Rd492 m
Westbound Moncton St @ No. 2 Rd503 m
Eastbound Moncton St @ Railway Ave626 m

Nearby Places

Restaurants (2)

  • Village Sushi · Number 2 Road425 m
  • Ember Kitchen · 6168 London Road596 m

Cafes (2)

  • Sanctuary Cafe · 13020 Number 2 Road430 m
  • Diplomat Bakery · 6168 London Road558 m

Parks (5+)

  • Great West Cannery Park146 m
  • T. Homma Neighbourhood Park466 m
  • South Dyke Trail Entrance595 m
  • London's Princess Trail616 m
  • London Wharf Park · 6062 Dyke Road662 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Other Listings in This Building

Other units currently listed in the same building. 120 5500 ANDREWS ROAD

View building profile →
Built 1997

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$542,400.00
Periodic payment — Principal & Interest (monthly)$3,499.38
Additional monthly expenses (strata, tax, utilities, etc.)$722.44
Total monthly cost$4,221.82
Interest paid over 5-yr term$155,453.40
Balance at end of term$487,890.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,884.47

Cash Needed at Closing

Minimum down payment$42,800
Estimated BC PTT$11,560
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,860

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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