Property Type: Condo / ApartmentOwnership: Strata

206 9151 NO. 5 ROAD

Richmond, BC V7A4T9

$578,888

2 bed1 bath2 parking1,186 sqftBuilt 1976
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$619/mo
Annual property tax
$1,438.56 (2024)

Interior

Heating
Baseboard heaters, Natural gas
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Underground

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®
R3070879
Listed
November 28, 2025
Time on market
On the market for 276 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.

Description

Welcome to this generously sized 2-bedroom cornerunit condo at nearly 1200 sqft located in the desirable Kingswood Terrace, in Richmond's vibrant Ironwood neighborhood. This meticulously renovated home features a beautifully updated bathroom, laminate flooring throughout, modern lighting, quartz countertops, new cabenitry, new appliances, a chef kitchen and island and even has convenient in-suite laundry. It also includes 2 parking spots, a over sized storage locker and 337 sqft of outdoor space. This condo is perfect for relaxing and/or entertaining!!! Residents of Kingswood Terrace also have access to excellent amenities, including an indoor swimming pool, hot tub, sauna, and a modest gym. This convenient location offers easy access to Highway 99, shopping centres, parks, recreational facilities, restaurants, school and coffee shops. Call today to book your private showing!!! (id:63159)

Values & Trends

This listing

$488/sqft

Building average

No other active listings in this building

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

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

30

3/9 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
Kingswood ElementaryElementary238 m
Richmond Jewish Day School(Independent)Elementary260 m
Az-Zahraa Islamic Academy(Independent)Elementary585 m
BC Muslim School(Independent)Elementary/Middle929 m
Richmond Christian School(Independent)K-12933 m
Daniel Woodward ElementaryElementary1.0 km
Cornerstone Christian Academy(Independent)Elementary1.1 km
Thomas Kidd 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
Southbound No. 5 Rd @ Kingsbridge Dr131 m
Southbound No. 5 Rd @ King Rd148 m
Northbound No. 5 Rd @ King Rd189 m
Northbound No. 5 Rd @ Kingsbridge Dr194 m
Westbound King Rd @ No. 5 Rd215 m

Nearby Places

Restaurants (2)

  • Sector 7 Kitchen + Bar154 m
  • Unnamed · 9371 Number 5 Road159 m

Grocery (1)

  • Sabzi Mandi Supermarket183 m

Parks (1)

  • Unnamed335 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,889) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,110.00
Periodic payment — Principal & Interest (monthly)$2,987.83
Additional monthly expenses (strata, tax, utilities, etc.)$798.21
Total monthly cost$3,786.04
Interest paid over 5-yr term$132,728.66
Balance at end of term$416,568.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,889
Stress test qualifying rate8.09%
Payment you must qualify for$4,198.54

Cash Needed at Closing

Minimum down payment$32,889
Estimated BC PTT$9,578
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,967

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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