Property Type: Condo / ApartmentOwnership: Strata

202 7535 ALDERBRIDGE WAY

Richmond, BC V6X4L2

$609,999

1 bed1 bath1 parking688 sqftBuilt 2007
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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
$332/mo
Annual property tax
$1,804.46 (2025)

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

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®
R3066183
Listed
November 10, 2025
Time on market
On the market for 294 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome to Ocean Walk - this beautifully maintained 1-bedroom home offers a bright, open layout with 9' ceilings and floor-to-ceiling windows showcasing stunning city views. The gourmet kitchen features stainless steel appliances, gas cooktop, stone countertops, and a large sit-up bar, ideal for entertaining. Enjoy a spacious bedroom with custom closets, engineered hardwood flooring, and a covered balcony perfect for BBQs. Includes 1 parking stall and locker on the same level. Experience 20,000 sq.ft. of 5-star resort amenities including gym, hot tub, rooftop garden, putting green, and guest suites. Prime central Richmond location-steps to T&T, Lansdowne SkyTrain, Oval & Minoru Park. Open House Mar 1, 2:00-4:00pm. (id:63159)

Values & Trends

This listing

$887/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

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

70

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 StretchElementary471 m
Samuel Brighouse ElementaryElementary793 m
Richmond SecondaryElementary1.3 km
Maple Hill School(Independent)Secondary1.4 km
William Cook ElementaryElementary1.5 km
Archibald Blair ElementaryElementary1.8 km
City Vancouver Academy(Independent)Secondary1.8 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
Northbound Gilbert Rd @ Elmbridge Way103 m
Westbound Elmbridge Way @ Alderbridge Way117 m
Eastbound Lansdowne Rd @ Cedarbridge Way168 m
Southbound Gilbert Rd @ Elmbridge Way169 m
Westbound Elmbridge Way @ Gilbert Rd178 m

Nearby Places

Restaurants (5+)

  • Dinesty Dumpling House · 5555 Gilbert Road119 m
  • Sing Cafe Fusion Style · 7488 Lansdowne Road133 m
  • Co'm Vietnamese · 7688 Alderbridge Way154 m
  • JJang Korean BBQ and Social House · 5668 Hollybridge Way187 m
  • Freshii · 5668 Hollybridge Way190 m

Cafes (5+)

  • Lattea · 5555 Gilbert Road115 m
  • Penguin Bros. · 7488 Lansdowne Road153 m
  • Big Rock Café170 m
  • CoCo Fresh Tea & Juice · 6699 River Road337 m
  • Time Out Cafe529 m

Grocery (1)

  • Izumiya Japanese Marketplace · 7971 Alderbridge Way723 m

Parks (5+)

  • Unnamed276 m
  • Unnamed475 m
  • Unnamed479 m
  • Oval Riverside Plaza616 m
  • Brighouse Neighbourhood School Park753 m

Shopping (1)

  • London Plaza592 m

Gyms (5+)

  • Overdrive Athletic Club120 m
  • Rumble Boxing Studio157 m
  • Raincity Boxing & Fitness164 m
  • Fitness World · 7468 Lansdowne Road166 m
  • F45 Training169 m

Pharmacies (5+)

  • Shoppers Drug Mart131 m
  • Minoru Pharmacy · 7380 Westminster Highway409 m
  • Oval Integrative Pharmacy440 m
  • Medicine Centre469 m
  • London Drugs · 5971 Number 3 Road614 m

Banks & ATMs (5+)

  • TD · 140-7488 Lansdowne Road114 m
  • BMO · 165-6971 Elmbridge Way236 m
  • Scotiabank · 6688 River Road301 m
  • Gulf & Fraser575 m
  • National Bank · 5811 Number 3 Road576 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.9% ($36,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$487,999.00
Periodic payment — Principal & Interest (monthly)$3,148.40
Additional monthly expenses (strata, tax, utilities, etc.)$516.28
Total monthly cost$3,664.69
Interest paid over 5-yr term$139,861.92
Balance at end of term$438,956.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,413.85

Cash Needed at Closing

Minimum down payment$36,000
Estimated BC PTT$10,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$47,700

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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