Property Type: Condo / ApartmentOwnership: Strata

1509 5520 MCNAUGHTON ROAD

Richmond, BC V6X0X5

$1,049,000

2 bed2 bath1 parking855 sqftBuilt 2025
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Amenities

Gym

Also listed: Recreation Centre

Property Details

Property & Lot

Sub-type
Apartment
Lot size
855 square feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$707/mo
Annual property tax
$0

Interior

Heating
Heat Pump, Forced air
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
1 — covered indicated
Features
Garage

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®
R3090278
Listed
February 17, 2026
Time on market
On the market for 195 days
Data last synced
August 28, 2026

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

Description

Corner Unit · Northeast Exposure · Dual Views · Exceptional Natural Light Rare Corner Unit featuring dual balconies, including an approximately 240 sq.ft. oversized balcony with unobstructed views. The northeast exposure offers balanced, comfortable natural light - gentle morning sun and reduced afternoon heat, creating a bright yet livable environment throughout the day. Upgraded large-format modern windows (approx. 40 cm above floor level) allow you to enjoy panoramic city and mountain views directly from the living area - no need to step outside to appreciate the scenery. City skyline, mountain backdrop, open skies, and even seagulls in flight - all captured from two sides of the residence. (id:63159)

Values & Trends

This listing

$1,227/sqft

Building average

No other active listings in this building

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

Mainly Clear

15°C

Mainly Clear

Humidity 100%

Wind ESE 13 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

59

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 StretchElementary211 m
Maple Hill School(Independent)Secondary1.1 km
William Cook ElementaryElementary1.2 km
Samuel Brighouse ElementaryElementary1.2 km
City Vancouver Academy(Independent)Secondary1.3 km
Richmond SecondaryElementary1.5 km
Henry Anderson ElementaryElementary1.7 km
General Currie ElementaryElementary1.8 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
Eastbound Lansdowne Rd @ No. 3 Rd88 m
Lansdowne Station @ Bay 1108 m
Lansdowne Station @ Bay 3108 m
Lansdowne Station @ Platform 2119 m
Lansdowne Station @ Platform 1133 m

Nearby Places

Restaurants (5+)

  • Neptune Seafood Restaurant · 8171 Ackroyd Road230 m
  • Neptune Wonton Noodle · 8171 Ackroyd Road245 m
  • Myth Grill & Yakitori Bistro · 8111 Ackroyd Road267 m
  • House of Dawn Steakhouse + Bar · 8171 Ackroyd Road269 m
  • The Dolar Shop · 5300 Number 3 Road286 m

Cafes (5+)

  • Starbucks · 8111 Ackroyd Road287 m
  • 101 BoBA · 7991 Alderbridge Way354 m
  • He Made Dessert · 5951 Number 3 Road386 m
  • Blenz Coffee · 8100 Ackroyd Road390 m
  • R Ki Coffee Lab404 m

Grocery (5+)

  • Izumiya Japanese Marketplace · 7971 Alderbridge Way374 m
  • Smart 'n Save399 m
  • Happy Veggie World · 8291 Ackroyd Road446 m
  • PriceSmart Foods · 8200 Ackroyd Road489 m
  • 大統華 T&T Supermarket · 8311 Lansdowne Road505 m

Parks (2)

  • Lang (Saba/Buswell) Park · 8211 Saba Road689 m
  • Unnamed762 m

Shopping (5+)

  • Winners315 m
  • Winners347 m
  • London Plaza419 m
  • Lansdowne Centre420 m
  • Superstore Plaza · 4651 Number 3 Road543 m

Gyms (5+)

  • Hyperoo Boxing Gym187 m
  • F45 Training354 m
  • Raincity Boxing & Fitness385 m
  • Overdrive Athletic Club461 m
  • Yogamaze Wellness Studio541 m

Pharmacies (5+)

  • ChemMart Pharmacy · 8171 Ackroyd Road391 m
  • London Drugs · 5971 Number 3 Road421 m
  • Ackroyd Pharmacy · 8100 Ackroyd Road443 m
  • Simples Drugs445 m
  • Minoru Pharmacy · 7380 Westminster Highway560 m

Banks & ATMs (5+)

  • National Bank · 5811 Number 3 Road255 m
  • CTBC Bank · 5911 Number 3 Road311 m
  • National Bank357 m
  • RBC361 m
  • TD363 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$839,200.00
Periodic payment — Principal & Interest (monthly)$5,414.23
Additional monthly expenses (strata, tax, utilities, etc.)$749.51
Total monthly cost$6,163.74
Interest paid over 5-yr term$240,517.13
Balance at end of term$754,863.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,452.04

Cash Needed at Closing

Minimum down payment$79,900
Estimated BC PTT$18,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,380

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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