Property Type: Condo / ApartmentOwnership: Strata

1508 5900 ALDERBRIDGE WAY

Richmond, BC V6X0B6

$669,900

2 bed2 bath1 parking870 sqftBuilt 2008
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$590/mo
Annual property tax
$2,443.2 (2025)

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View
Pool
Indoor pool

Parking

Total spaces
1

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®
R3150606
Listed
July 28, 2026
Time on market
On the market for 34 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Latitude Realty Inc. · Data source: CREA DDF.

Description

Well Known LOTUS built by CRESSEY in Richmond. This bright and spacious SW 2br 2bth CORNER SUITE spacious open concept living spacious layout, oversized windows, good sized balcony, GEOTHERMAL Heating/AIR CONDITIONING (for all year-around comfort), stone kitchen counter tops and island, sleek S/S appliances, gas cook top, in-suite washer/dryer, ONE PARKING and ONE LOCKER. This complex also features extensive hotel-style amenities such as a spa quality indoor pool, spa, steam room, fitness center, media center, meeting room and fireside lounge. Located in the heart of Downtown Richmond, steps to the hospital, Minoru Park, Transit, Skytrain Station (Brighouse)and Richmond Shopping Centre. Open House August 15 & 16 Saturday and Sunday from 2-4pm. (id:63159)

Values & Trends

This listing

$770/sqft

Building average

No other active listings in this building

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

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

63

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
Station StretchElementary625 m
Samuel Brighouse ElementaryElementary639 m
Richmond SecondaryElementary1.1 km
William Cook ElementaryElementary1.3 km
General Currie ElementaryElementary1.6 km
Maple Hill School(Independent)Secondary1.6 km
Archibald Blair ElementaryElementary1.7 km
Henry Anderson ElementaryElementary1.9 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 Westminster Hwy @ Alderbridge Way95 m
Eastbound Westminster Hwy @ Alderbridge Way100 m
Westbound Elmbridge Way @ Alderbridge Way126 m
Eastbound Westminster Hwy @ Gilbert Rd228 m
Northbound Gilbert Rd @ Elmbridge Way245 m

Nearby Places

Restaurants (5+)

  • Free Bird Table & Bar · 5991 Alderbridge Way80 m
  • South Silk Road Restaurant · 7260 Westminster Highway113 m
  • Harold's · 7551 Westminster Highway198 m
  • 75 West Coast Grill · 7571 Westminster Highway286 m
  • Dinesty Dumpling House · 5555 Gilbert Road293 m

Cafes (5+)

  • Lattea · 5555 Gilbert Road303 m
  • Penguin Bros. · 7488 Lansdowne Road353 m
  • Big Rock Café396 m
  • CoCo Fresh Tea & Juice540 m
  • CoCo Fresh Tea & Juice · 6699 River Road546 m

Grocery (1)

  • Freshnote Market · 8211 Westminster Highway797 m

Parks (5+)

  • Unnamed440 m
  • Minoru Park522 m
  • Brighouse Neighbourhood School Park612 m
  • Unnamed665 m
  • Unnamed691 m

Shopping (3)

  • London Plaza491 m
  • CF Richmond Centre · 6551 Number 3 Road604 m
  • Muji · 6551 Number 3 Road715 m

Gyms (5+)

  • Overdrive Athletic Club169 m
  • Rumble Boxing Studio213 m
  • Raincity Boxing & Fitness234 m
  • F45 Training301 m
  • Fitness World · 7468 Lansdowne Road361 m

Pharmacies (5+)

  • Minoru Pharmacy · 7380 Westminster Highway219 m
  • Shoppers Drug Mart281 m
  • Medicine Centre325 m
  • London Drugs · 5971 Number 3 Road516 m
  • Shoppers Drug Mart601 m

Banks & ATMs (5+)

  • TD · 140-7488 Lansdowne Road327 m
  • BMO · 165-6971 Elmbridge Way376 m
  • Gulf & Fraser461 m
  • Scotiabank · 6688 River Road534 m
  • CTBC Bank · 5911 Number 3 Road538 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($41,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$535,920.00
Periodic payment — Principal & Interest (monthly)$3,457.57
Additional monthly expenses (strata, tax, utilities, etc.)$837.11
Total monthly cost$4,294.68
Interest paid over 5-yr term$153,596.21
Balance at end of term$482,061.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,828.41

Cash Needed at Closing

Minimum down payment$41,990
Estimated BC PTT$11,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,888

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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