Property Type: TownhouseOwnership: Strata

2 22551 WESTMINSTER HIGHWAY

Richmond, BC V6V1B6

$1,000,000

3 bed3 bath2 parking1,237 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$421/mo
Annual property tax
$1,619.24 (2025)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Visitor Parking

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®
R3142448
Listed
July 3, 2026
Time on market
On the market for 59 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Tucked away along the edge of Hamilton Community Park, Sarena presents a rare chance to own one of just seven exclusive townhomes in a carefully crafted boutique community. Blending timeless design with private outdoor spaces, air conditioning, and direct park access, Sarena offers both quality and connection to nature. This spacious 3-bedroom, 3-bathroom home spans multiple levels, providing flexibility for families, remote work, or guests. The open-concept main floor is perfect for everyday living and entertaining, centered around a gourmet kitchen with premium stainless steel appliances, sleek soft-close cabinetry, and soaring ceilings. A double garage adds convenience, and first-time home buyers benefit from GST exemption. Book your private showing today! (id:63159)

Values & Trends

This listing

$808/sqft

Building average

No other active listings in this building

Richmond average

$757/sqft

349 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.

Townhouse Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$1,035,200

Jul 2026

Average Sale Price

$995,218

Jul 2026

Monthly Sales

70

Jul 2026

Active Listings

395

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

24 days

Jul 2026

MLS® HPI Benchmark Price

$1,174,700
$939,500
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

15

2/9 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
Hamilton ElementaryElementary674 m
Choice School For Gifted Children(Independent)Elementary/Middle1.7 km
Queen Elizabeth ElementaryElementary2.5 km
Queensborough Middle SchoolElementary/Middle2.8 km
Brooke ElementaryElementary3.6 km
Connaught Heights ElementaryElementary3.6 km
Glenwood ElementaryElementary3.8 km
Taylor Park ElementaryElementary4.0 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 Westminster Hwy @ Hwy 91103 m
Westbound Westminster Hwy @ Hwy 91105 m
Westbound Westminster Hwy @ McLean Ave198 m
Westbound Hwy 91 Onramp @ Westminster Hwy289 m
Eastbound Westminster Hwy @ McLean Ave332 m

Nearby Places

Parks (4)

  • McLean Neighbourhood Park · 22500 McLean Avenue101 m
  • Fraserwood Park · 22020 Fraserwood Way688 m
  • Hamilton Community Park · 23280 Gilley Road699 m
  • Toyota Park · 21860 Westminster Highway799 m

Pharmacies (1)

  • Pharmasave · 23233 Gilley Road637 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($75,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$800,000.00
Periodic payment — Principal & Interest (monthly)$5,161.33
Additional monthly expenses (strata, tax, utilities, etc.)$617.61
Total monthly cost$5,778.94
Interest paid over 5-yr term$229,282.30
Balance at end of term$719,602.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$75,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,112.93

Cash Needed at Closing

Minimum down payment$75,000
Estimated BC PTT$18,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,500

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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