Property Type: Condo / ApartmentOwnership: Strata

302 10788 NO. 5 ROAD

Richmond, BC V6W0B7

$680,000

2 bed2 bath1 parking940 sqftBuilt 2018
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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
$687/mo
Annual property tax
$2,500 (2025)

Interior

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

Exterior & Lot

View
View

Parking

Total spaces
1

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®
R3140851
Listed
June 29, 2026
Time on market
On the market for 63 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group - 1st West Realty · Data source: CREA DDF.

Description

The Garden: Quality built Concrete condo with AC. Yes this building is Concrete. Spacious rare layout 2 Bedroom + a Huge Functional Den. This BIG den is spacious enough and could be a third bedroom. Quiet garden unit, with a great view of The Gardens Park. No wasted space. Open concept Kitchen , living and dining area which will far exceed your expectations. premier Bosch appliances, under mount sinks, quartz countertops. Very Well maintained unit !! Steps away from the Ironwood Mall, supermarket and restaurants. Restaurants, Pharmacy, Medical service, Gym right at The Garden. (id:63159)

Values & Trends

This listing

$723/sqft

Building average

$831/sqft

4 active listing(s)

Richmond average

$802/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

67

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
Richmond Christian School(Independent)K-12424 m
Daniel Woodward ElementaryElementary643 m
Thomas Kidd ElementaryElementary1.1 km
Kingswood ElementaryElementary1.3 km
Richmond Jewish Day School(Independent)Elementary1.6 km
Az-Zahraa Islamic Academy(Independent)Elementary1.8 km
Matthew McNair SecondaryElementary2.0 km
BC Muslim School(Independent)Elementary/Middle2.2 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
Westbound Steveston Hwy @ Hwy 99141 m
Eastbound Steveston Hwy @ Hwy 99161 m
Northbound No. 5 Rd @ Steveston Hwy217 m
Southbound No. 5 Rd @ Steveston Hwy221 m
Southbound Hwy 99 Onramp @ Steveston Hwy241 m

Nearby Places

Restaurants (5+)

  • Sushi Crave · 10880 Number 5 Road172 m
  • Soo Korean Pocha · 11060 Number 5 Road254 m
  • Pho Ten320 m
  • Wings335 m
  • The Chopped Leaf · 11700 Steveston Highway350 m

Cafes (3)

  • Starbucks325 m
  • Bubble Waffle Cafe547 m
  • Tim Hortons · Steveston Highway679 m

Grocery (3)

  • Save-On-Foods · 11666 Steveston Highway566 m
  • Bulk Barn777 m
  • Exotic International Market · 11331 Coppersmith Way795 m

Parks (1)

  • Gardens Agricultural Park157 m

Shopping (1)

  • Canadian Tire688 m

Gyms (2)

  • Anytime Fitness · 10880 Number 5 Road194 m
  • Club Pilates756 m

Pharmacies (2)

  • Crescent Pharmacy Integrative Health Centre · 10880 Number 5 Road161 m
  • London Drugs · 11666 Steveston Highway432 m

Banks & ATMs (5+)

  • BMO238 m
  • Instacoin ATM289 m
  • CIBC · 11200 Number 5 Road374 m
  • Scotiabank ATM455 m
  • Coast Capital Savings · 11660 Steveston Highway526 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($43,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$544,000.00
Periodic payment — Principal & Interest (monthly)$3,509.70
Additional monthly expenses (strata, tax, utilities, etc.)$942.33
Total monthly cost$4,452.04
Interest paid over 5-yr term$155,911.96
Balance at end of term$489,329.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,898.31

Cash Needed at Closing

Minimum down payment$43,000
Estimated BC PTT$11,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,100

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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