Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

121 8511 ACKROYD ROAD

Richmond, BC V6X3E7

$339,000

1 bed1 bath1 parking624 sqftBuilt 1982
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$340/mo
Annual property tax
$1,237.9 (2025)

Interior

Heating
Baseboard heaters, Hot Water
Fireplace
None
Appliances
Refrigerator, Dishwasher, Stove

Exterior & Lot

Pool
Outdoor pool
Lot features
Central location, Elevator

Building

Parcel ID (PID)
000-662-429

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®
R3159676
Listed
August 28, 2026
Time on market
On the market for 3 days
Tax assessment year
2025
Data last synced
August 30, 2026

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

Description

Welcome to Lexington Square! This beautifully renovated ground-floor home was updated in 2025 and features a bright, spacious bedroom in a quiet, well-maintained community. Ideally located in the heart of Richmond, just steps from the SkyTrain, Lansdowne Centre, Kwantlen Polytechnic University, restaurants, shopping, and everyday conveniences. This well-managed complex offers shared laundry and with strata fees including heat and hot water. Move-in ready and an excellent opportunity for first-time buyers or investors! (id:63159)

Values & Trends

This listing

$543/sqft

Building average

$617/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

Mostly Cloudy

18°C

Mostly Cloudy

Humidity 93%

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

56

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

SchoolTypeDistance
William Cook ElementaryElementary735 m
Station StretchElementary893 m
Henry Anderson ElementaryElementary1.0 km
City Vancouver Academy(Independent)Secondary1.2 km
A.R. MacNeill SecondarySecondary1.3 km
Maple Hill School(Independent)Secondary1.4 km
Richmond SecondaryElementary1.5 km
General Currie ElementaryElementary1.5 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 Lansdowne Rd @ Kwantlen St187 m
Southbound Cooney Rd @ Ackroyd Rd187 m
Eastbound Lansdowne Rd @ Cooney Rd212 m
Northbound Cooney Rd @ Westminster Hwy215 m
Westbound Lansdowne Rd @ Kwantlen St257 m

Nearby Places

Restaurants (5+)

  • Quds Halal Noodle House233 m
  • Yanbian BBQ · 8291 Ackroyd Road234 m
  • Once More Restaurant · 8231 Ackroyd Road254 m
  • Dao Field Noodle House · 8291 Westminster Highway280 m
  • Chuan BBQ Restaurant · 8291 Westminster Highway289 m

Cafes (5+)

  • R Ki Coffee Lab302 m
  • Minute Cafe · 8271 Westminster Highway306 m
  • Starbucks312 m
  • Sun Tea · 8211 Ackroyd Road312 m
  • Mango Yummy · 8271 Westminster Highway313 m

Grocery (5+)

  • Happy Veggie World · 8291 Ackroyd Road269 m
  • PriceSmart Foods · 8200 Ackroyd Road302 m
  • Grand Value Asian Supermarket · 8251 Westminster Highway323 m
  • 大統華 T&T Supermarket · 8311 Lansdowne Road347 m
  • Freshnote Market · 8211 Westminster Highway353 m

Parks (4)

  • Lang (Saba/Buswell) Park · 8211 Saba Road452 m
  • Katsura Neighbourhood Park745 m
  • Garden City Lands · 5555 No. 4 Road746 m
  • Cook Neighbourhood School Park751 m

Shopping (5+)

  • Lansdowne Centre451 m
  • Winners536 m
  • Winners549 m
  • London Plaza628 m
  • Marshalls · 4751 McClelland Road776 m

Gyms (2)

  • Van Fitness · 4751 Garden City Road686 m
  • Muscle Factory · 8631 Alexandra Road718 m

Pharmacies (5+)

  • ChemMart Pharmacy · 8171 Ackroyd Road356 m
  • Ackroyd Pharmacy · 8100 Ackroyd Road397 m
  • MJ's Pharmacy402 m
  • Simples Drugs483 m
  • London Drugs · 5971 Number 3 Road604 m

Banks & ATMs (5+)

  • RBC387 m
  • TD410 m
  • BMO464 m
  • Vancity521 m
  • BOC · 115-8060 Westminster Highway529 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$271,200.00
Periodic payment — Principal & Interest (monthly)$1,749.69
Additional monthly expenses (strata, tax, utilities, etc.)$474.16
Total monthly cost$2,223.85
Interest paid over 5-yr term$77,726.70
Balance at end of term$243,945.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,476.45

Cash Needed at Closing

Minimum down payment$16,950
Estimated BC PTT$4,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,230

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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