Property Type: Detached HouseOwnership: Freehold

12004 NO. 1 ROAD

Richmond, BC V7E1T4

$1,299,000

3 bed3 bath939 sqftBuilt 1920
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Property Details

Property & Lot

Sub-type
House
Lot size
2,314 square feet
Frontage
34 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,820.08 (2025)

Interior

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

Listing Information

MLS®
R3105454
Listed
March 31, 2026
Time on market
On the market for 153 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Interlink Realty · Data source: CREA DDF.

Description

The original site of the historic Steveston Telephone Exchange, this heritage-designated property offers a rare opportunity to own a piece of Richmond's history. Fully renovated in 2026, the property features updated rooms with newly added ensuite full bathrooms and brand-new windows and kitchen, blending character with modern comfort. Flexible use allows for either residential living, commercial, or hold for land assembly opportunities. Schedule a private viewing and bring your vision to this truly unique offering. (id:63159)

Values & Trends

This listing

$1,383/sqft

Building average

No other active listings in this building

Richmond average

$807/sqft

621 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.

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

74

7/9 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
Robert A. McMath SecondarySecondary479 m
Lord Byng ElementaryElementary529 m
Tomekichi Homma ElementaryElementary1.0 km
Westwind ElementaryElementary1.2 km
John G Diefenbaker ElementaryElementary1.3 km
Manoah Steves ElementaryElementary1.6 km
James McKinney ElementaryElementary1.6 km
St Joseph the Worker(Independent)Elementary1.8 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
Northbound No. 1 Rd @ Chatham St53 m
Southbound No. 1 Rd @ Broadway St76 m
Northbound No. 1 Rd @ Moncton St89 m
Eastbound Moncton St @ No. 1 Rd150 m
Westbound Moncton St @ Easthope Ave158 m

Nearby Places

Restaurants (5+)

  • Damien's Belgian Waffles · 3891 Chatham Street71 m
  • Kuroki Kaiseki Omakase Kitchen · 3880 Chatham Street89 m
  • Best Bite Indian Cuisine · 3891 Chatham Street112 m
  • Steveston Seafood House131 m
  • John's Pan Pizza · 12420 Number 1 Road158 m

Cafes (5+)

  • Village Books & Coffee House · 12031 1st Avenue147 m
  • Rocanini Coffee Roasters · 3900 Moncton Street150 m
  • Starbucks · 4011 Bayview Street262 m
  • Waves Coffee House285 m
  • Blenz Coffee303 m

Grocery (3)

  • Super Grocer · 3651 Moncton Street221 m
  • Koji Mini Mart · 12240 2nd Avenue317 m
  • Save-On-Foods · 12088 3rd Avenue340 m

Parks (5+)

  • Steveston Town Square Park186 m
  • Steveston Community Park241 m
  • McMath Neighbourhood School Park · 4251 Garry Street503 m
  • Lord Byng Neighbourhood School Park · 3711 Georgia Street520 m
  • Unnamed680 m

Gyms (1)

  • True Conditioning73 m

Pharmacies (5+)

  • Medicine Shoppe · 3993 Chatham Street45 m
  • Pharmasave · 105 - 12420 Number 1 Road147 m
  • Steveston Pharmacy · 3811 Chatham Street156 m
  • Save-On-Foods Pharmacy · 12088 3rd Avenue329 m
  • Shoppers Drug Mart · 3868 Steveston Highway790 m

Banks & ATMs (4)

  • Coast Capital Savings59 m
  • RBC Royal Bank · 3740 Moncton Street205 m
  • Scotiabank · 12088 3rd Avenue357 m
  • BMO · 3900 Steveston Highway798 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$782.01
Total monthly cost$7,486.57
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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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