121 5500 ARCADIA ROAD
Richmond, BC V6X3P5
$599,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $476/mo
- Annual property tax
- $2,005.35 (2025)
Interior
- Heating
- Baseboard heaters
- Fireplace
- None
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®
- R3156032
- Listed
- August 14, 2026
- Time on market
- On the market for 17 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.
Description
Welcome to Regency Villa in the heart of Richmond! This spacious 1,041 sq. ft. corner end unit offers 2 bedrooms and 2 bathrooms with a bright, functional layout rarely found in newer condos. Enjoy a generous living area with a cozy gas fireplace, laminate flooring, in-suite laundry, a walk-in closet and your own private patio. Complete with 1 parking stall and storage locker. Unbeatable central location just moments from Lansdowne Centre, T&T Supermarket, Kwantlen Polytechnic University, Canada Line SkyTrain, restaurants and everyday conveniences. An exceptional opportunity for first-time buyers, downsizers or investors seeking space, comfort and convenience in one of Richmond´s most connected neighbourhoods. OH Aug 22nd & 23rd from 2-4PM (id:63159)
Values & Trends
This listing
$575/sqft
Building average
$556/sqft
1 active listing(s)
Richmond average
$802/sqft
869 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
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
41
8/9 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
| School | Type | Distance |
|---|---|---|
| William Cook Elementary | Elementary | 807 m |
| Henry Anderson Elementary | Elementary | 875 m |
| A.R. MacNeill Secondary | Secondary | 1.1 km |
| Station Stretch | Elementary | 1.1 km |
| City Vancouver Academy(Independent) | Secondary | 1.2 km |
| Tomsett Elementary | Elementary | 1.4 km |
| Maple Hill School(Independent) | Secondary | 1.5 km |
| General Currie Elementary | Elementary | 1.7 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
| Stop | Type | Distance |
|---|---|---|
| Southbound Garden City Rd @ Lansdowne Rd | — | 86 m |
| Northbound Garden City Rd @ Lansdowne Rd | — | 193 m |
| Westbound Lansdowne Rd @ Kwantlen St | — | 200 m |
| Northbound Garden City Rd @ Westminster Hwy | — | 234 m |
| Eastbound Lansdowne Rd @ Kwantlen St | — | 245 m |
Nearby Places
Restaurants (5+)
- Quds Halal Noodle House476 m
- Yanbian BBQ · 8291 Ackroyd Road517 m
- Once More Restaurant · 8231 Ackroyd Road540 m
- Dao Field Noodle House · 8291 Westminster Highway554 m
- Pizza Hut · 8340 Westminster Highway556 m
Cafes (5+)
- Starbucks455 m
- Xing Fu Tang · 8311 Lansdowne Road468 m
- Cotti Coffee541 m
- R Ki Coffee Lab548 m
- Pika Herb and Tea Co. · 8580 Alexandra Road570 m
Grocery (5+)
- 大統華 T&T Supermarket · 8311 Lansdowne Road502 m
- Happy Veggie World · 8291 Ackroyd Road552 m
- PriceSmart Foods · 8200 Ackroyd Road589 m
- Smart 'n Save598 m
- Grand Value Asian Supermarket · 8251 Westminster Highway603 m
Parks (3)
- Garden City Lands · 5555 No. 4 Road459 m
- Katsura Neighbourhood Park581 m
- Lang (Saba/Buswell) Park · 8211 Saba Road702 m
Shopping (4)
- Lansdowne Centre620 m
- Marshalls · 4751 McClelland Road624 m
- Winners719 m
- Winners741 m
Gyms (3)
- Van Fitness · 4751 Garden City Road575 m
- Oxygen Yoga and Fitness · 4771 McClelland Road648 m
- Muscle Factory · 8631 Alexandra Road662 m
Pharmacies (5+)
- Simples Drugs635 m
- ChemMart Pharmacy · 8171 Ackroyd Road641 m
- Walmart Pharmacy · 9251 Alderbridge Way666 m
- MJ's Pharmacy669 m
- Ackroyd Pharmacy · 8100 Ackroyd Road684 m
Banks & ATMs (5+)
- BMO558 m
- TD · 4777 McClelland Road579 m
- RBC · 4791 McClelland Road608 m
- TD618 m
- CIBC · 9231 Alderbridge Way638 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.