Property Type: Condo / ApartmentOwnership: Strata

1602 8831 LANSDOWNE ROAD

Richmond, BC V6X3T5

$1,388,000

3 bed3 bath2 parking2,200 sqftBuilt 1992
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Amenities

Gym

Also listed: Recreation Centre, Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$700/mo
Annual property tax
$4,301.94 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Exterior & Lot

View
View
Pool
Outdoor pool

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed
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®
R3146799
Listed
July 15, 2026
Time on market
On the market for 47 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group Seafair Realty · Data source: CREA DDF.

Description

RENOVATED and RARELY found 2 LEVEL PENTHOUSE unit at 'CENTRE POINTE' in the centre of Richmond with Extra high 20' ceiling in living room with SOUTH EXPOSURE unblocked City and some park VIEW!! Less than 10 units like this amazing, very spacious Penthouse in the whole of Richmond!!! This Penthouse has been Completely Renovated with a designer kitchen with newer stainless steel appliances, washer/dryer, granite countertops, bathrooms and fixtures, lighting, quality laminated flooring and carpets, designer fireplace and interior paint, crown mouldings and much more...!!! Side by side 2 parking stalls, large storage locker. Excellent amenities with lots of visitor parking, outdoor pool, hot tub and sauna, exercise and gym room, billiards and ping pong room, guest room, and much more...!!! (id:63159)

Values & Trends

This listing

$631/sqft

Building average

$619/sqft

2 active listing(s)

Richmond average

$802/sqft

869 active listing(s)

Parking: 2 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

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

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
City Vancouver Academy(Independent)Secondary914 m
William Cook ElementaryElementary1.0 km
Station StretchElementary1.1 km
Henry Anderson ElementaryElementary1.1 km
Tomsett ElementaryElementary1.2 km
Maple Hill School(Independent)Secondary1.3 km
A.R. MacNeill SecondarySecondary1.3 km
R. C. Talmey 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
Northbound Garden City Rd @ Lansdowne Rd122 m
Westbound Lansdowne Rd @ Kwantlen St141 m
Southbound Garden City Rd @ Lansdowne Rd193 m
Southbound Garden City Rd @ Alderbridge Way193 m
Northbound Kwantlen St @ Lansdowne Rd206 m

Nearby Places

Restaurants (5+)

  • Pho Anh Vu · 4751 Garden City Road310 m
  • The Shellfish Shack · 8580 Alexandra Road316 m
  • Joint BBQ · 8580 Alexandra Road336 m
  • Alley Snail Rice Noodle · 8580 Alderbridge Way338 m
  • NamSan Korean Cuisine · 8580 Alexandra Road339 m

Cafes (5+)

  • Pika Herb and Tea Co. · 8580 Alexandra Road327 m
  • Xing Fu Tang · 8311 Lansdowne Road357 m
  • Starbucks357 m
  • Chun Fun How · 4751 Garden City Road373 m
  • Cotti Coffee429 m

Grocery (5+)

  • Smart N Save · 4751 McClelland Road376 m
  • 大統華 T&T Supermarket · 8311 Lansdowne Road400 m
  • Smart 'n Save507 m
  • Walmart Supercentre · 9251 Alderbridge Way526 m
  • Darumaya · 4700 Alderbridge Way Multi-use Pathway531 m

Parks (4)

  • Garden City Lands · 5555 No. 4 Road486 m
  • Unnamed633 m
  • Alexandra Court Playground · 9366 Tomicki Avenue680 m
  • Unnamed741 m

Shopping (4)

  • Marshalls · 4751 McClelland Road388 m
  • Lansdowne Centre504 m
  • Winners602 m
  • Winners631 m

Gyms (3)

  • Van Fitness · 4751 Garden City Road323 m
  • Muscle Factory · 8631 Alexandra Road409 m
  • Oxygen Yoga and Fitness · 4771 McClelland Road432 m

Pharmacies (5+)

  • Walmart Pharmacy · 9251 Alderbridge Way491 m
  • Simples Drugs501 m
  • ChemMart Pharmacy · 8171 Ackroyd Road684 m
  • Ackroyd Pharmacy · 8100 Ackroyd Road755 m
  • MJ's Pharmacy795 m

Banks & ATMs (5+)

  • TD · 4777 McClelland Road360 m
  • BMO390 m
  • RBC · 4791 McClelland Road414 m
  • CIBC · 9231 Alderbridge Way463 m
  • TD540 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($113,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,110,400.00
Periodic payment — Principal & Interest (monthly)$7,163.92
Additional monthly expenses (strata, tax, utilities, etc.)$1,168.43
Total monthly cost$8,332.35
Interest paid over 5-yr term$318,243.83
Balance at end of term$998,808.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$113,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,798.15

Cash Needed at Closing

Minimum down payment$113,800
Estimated BC PTT$25,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$141,060

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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