Property Type: Condo / ApartmentOwnership: Strata

1507 7360 ELMBRIDGE WAY

Richmond, BC V6X0A5

$499,900

1 bed1 bath1 parking587 sqftBuilt 2008
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$354/mo
Annual property tax
$1,743.14 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View
Pool
Outdoor pool

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®
R3148329
Listed
July 21, 2026
Time on market
On the market for 41 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Welcome to The Flo by award-winning Onni in the heart of central Richmond. This bright and well-designed 1 bedroom home offers an efficient layout with no wasted space, opening into a lovely living area filled with natural light. Floor-to-ceiling windows showcase superb mountain and city views, while quality finishes include granite countertops, stainless steel appliances, gas cooktop, laminate flooring, and radiant heated kitchen and bathroom floors. Enjoy resort-style amenities including outdoor pool, hot tub, sauna, gym, lounge/media room, rooftop garden and landscaped grounds. Steps to Richmond Centre, Canada Line, Olympic Oval, Minoru Park, Richmond Hospital, T&T, restaurants and shops. Includes 1 parking stall. Call today! Open House Saturday July 25 2pm-4pm (id:63159)

Values & Trends

This listing

$852/sqft

Building average

$716/sqft

5 active listing(s)

Richmond average

$801/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

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

56

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
Station StretchElementary555 m
Samuel Brighouse ElementaryElementary697 m
Richmond SecondaryElementary1.2 km
William Cook ElementaryElementary1.4 km
Maple Hill School(Independent)Secondary1.5 km
General Currie ElementaryElementary1.7 km
Archibald Blair ElementaryElementary1.7 km
City Vancouver Academy(Independent)Secondary1.9 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
Westbound Elmbridge Way @ Alderbridge Way42 m
Northbound Gilbert Rd @ Elmbridge Way166 m
Westbound Westminster Hwy @ Alderbridge Way174 m
Southbound Gilbert Rd @ Elmbridge Way193 m
Eastbound Westminster Hwy @ Alderbridge Way193 m

Nearby Places

Restaurants (5+)

  • Free Bird Table & Bar · 5991 Alderbridge Way163 m
  • South Silk Road Restaurant · 7260 Westminster Highway206 m
  • Dinesty Dumpling House · 5555 Gilbert Road211 m
  • Harold's · 7551 Westminster Highway224 m
  • Sing Cafe Fusion Style · 7488 Lansdowne Road254 m

Cafes (5+)

  • Lattea · 5555 Gilbert Road218 m
  • Penguin Bros. · 7488 Lansdowne Road267 m
  • Big Rock Café304 m
  • CoCo Fresh Tea & Juice · 6699 River Road460 m
  • He Made Dessert · 5951 Number 3 Road568 m

Parks (5+)

  • Unnamed367 m
  • Unnamed587 m
  • Unnamed603 m
  • Minoru Park615 m
  • Brighouse Neighbourhood School Park664 m

Shopping (3)

  • London Plaza520 m
  • CF Richmond Centre · 6551 Number 3 Road681 m
  • Muji · 6551 Number 3 Road798 m

Gyms (5+)

  • Overdrive Athletic Club98 m
  • Rumble Boxing Studio156 m
  • Raincity Boxing & Fitness174 m
  • F45 Training228 m
  • Fitness World · 7468 Lansdowne Road277 m

Pharmacies (5+)

  • Shoppers Drug Mart203 m
  • Minoru Pharmacy · 7380 Westminster Highway286 m
  • Medicine Centre373 m
  • Oval Integrative Pharmacy538 m
  • London Drugs · 5971 Number 3 Road544 m

Banks & ATMs (5+)

  • TD · 140-7488 Lansdowne Road237 m
  • BMO · 165-6971 Elmbridge Way307 m
  • Scotiabank · 6688 River Road440 m
  • Gulf & Fraser495 m
  • National Bank · 5811 Number 3 Road546 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$528.69
Total monthly cost$3,108.84
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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