1601 5766 GILBERT ROAD
Richmond, BC V7C0G2
$699,800
Amenities
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $537/mo
- Annual property tax
- $2,829.65 (2025)
Interior
- Heating
- Forced air
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
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®
- R3159292
- Listed
- August 27, 2026
- Time on market
- On the market for 5 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Centre Realty · Data source: CREA DDF.
Description
Luxury living in Richmond's sought-after Oval Village! This SE bright and modern 2-bedroom, 2-bathroom home offers a functional open-concept layout with floor-to-ceiling windows, abundant natural light, and a spacious private balcony. The gourmet kitchen features premium appliances, quartz countertops, and sleek cabinetry, perfect for everyday living and entertaining. Quality finishes, 1 secure parking stall, and 1 storage locker complete the home. Just steps to the Richmond Olympic Oval, waterfront trails, cafés, restaurants, and transit, with quick access to Richmond Centre, YVR Airport, and Vancouver. An exceptional opportunity for homeowners or investors seeking style, convenience, and an unbeatable location. (id:63159)
Values & Trends
This listing
$924/sqft
Building average
$996/sqft
1 active listing(s)
Richmond average
$801/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
67
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
| School | Type | Distance |
|---|---|---|
| Samuel Brighouse Elementary | Elementary | 624 m |
| Station Stretch | Elementary | 653 m |
| Richmond Secondary | Elementary | 1.2 km |
| William Cook Elementary | Elementary | 1.5 km |
| Maple Hill School(Independent) | Secondary | 1.6 km |
| Archibald Blair Elementary | Elementary | 1.6 km |
| General Currie Elementary | Elementary | 1.8 km |
| J.N. Burnett Secondary | Secondary | 1.8 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
| Stop | Type | Distance |
|---|---|---|
| Southbound Gilbert Rd @ Elmbridge Way | — | 48 m |
| Northbound Gilbert Rd @ Elmbridge Way | — | 96 m |
| Westbound Elmbridge Way @ Gilbert Rd | — | 106 m |
| Westbound Elmbridge Way @ Alderbridge Way | — | 194 m |
| Eastbound Westminster Hwy @ Gilbert Rd | — | 213 m |
Nearby Places
Restaurants (5+)
- Dinesty Dumpling House · 5555 Gilbert Road133 m
- Freshii · 5668 Hollybridge Way179 m
- JJang Korean BBQ and Social House · 5668 Hollybridge Way191 m
- Sing Cafe Fusion Style · 7488 Lansdowne Road196 m
- Free Bird Table & Bar · 5991 Alderbridge Way231 m
Cafes (5+)
- Lattea · 5555 Gilbert Road151 m
- Penguin Bros. · 7488 Lansdowne Road194 m
- Big Rock Café262 m
- CoCo Fresh Tea & Juice · 6699 River Road367 m
- Time Out Cafe453 m
Parks (5+)
- Unnamed238 m
- Unnamed464 m
- Unnamed515 m
- Oval Riverside Plaza569 m
- Brighouse Neighbourhood School Park580 m
Shopping (1)
- London Plaza688 m
Gyms (5+)
- Rumble Boxing Studio26 m
- Fitness World · 7468 Lansdowne Road194 m
- Overdrive Athletic Club243 m
- Raincity Boxing & Fitness315 m
- Atomic Jiujitsu316 m
Pharmacies (5+)
- Shoppers Drug Mart107 m
- Medicine Centre307 m
- Oval Integrative Pharmacy403 m
- Minoru Pharmacy · 7380 Westminster Highway434 m
- London Drugs · 5971 Number 3 Road712 m
Banks & ATMs (5+)
- BMO · 165-6971 Elmbridge Way168 m
- TD · 140-7488 Lansdowne Road191 m
- Scotiabank · 6688 River Road404 m
- Gulf & Fraser662 m
- National Bank · 5811 Number 3 Road711 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,980) — 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.