Property Type: Condo / ApartmentOwnership: Strata

317 5311 CEDARBRIDGE WAY

Richmond, BC V6X0M3

$688,000

2 bed2 bath1 parking948 sqftBuilt 2016
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$648/mo
Annual property tax
$2,505 (2025)

Interior

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

Exterior & Lot

Pool
Indoor pool

Parking

Total spaces
1

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®
R3111790
Listed
April 15, 2026
Time on market
On the market for 138 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

Rarely available south-facing 2 Bed + Den home at Riva by Omni, offering a well-deigned open-concept layout and a tranquil outlook over the beautifully landscaped courtyard. This bright and cozy residence features 948 sqft of functional living space, ideal for both comfortable living and working from home. Centrally located just steps to Lansdown Centre, the Canada Line SkyTrain Station , restaurants, and daily essentials. Residents enjoy resort-style amenities including a professionally equipped centre, indoor pool, hot tube, sauna, party room, theatre room, and more. (id:63159)

Values & Trends

This listing

$726/sqft

Building average

$715/sqft

1 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

63

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 StretchElementary306 m
Samuel Brighouse ElementaryElementary1.1 km
Maple Hill School(Independent)Secondary1.1 km
City Vancouver Academy(Independent)Secondary1.6 km
Richmond SecondaryElementary1.6 km
William Cook ElementaryElementary1.6 km
Archibald Blair ElementaryElementary2.0 km
General Currie ElementaryElementary2.1 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 Lansdowne Rd @ Cedarbridge Way251 m
Westbound Lansdowne Rd @ Cedarbridge Way294 m
Northbound Gilbert Rd @ Elmbridge Way377 m
Westbound Elmbridge Way @ Gilbert Rd402 m
Westbound Elmbridge Way @ Alderbridge Way422 m

Nearby Places

Restaurants (5+)

  • Co'm Vietnamese · 7688 Alderbridge Way201 m
  • SYU Japanese Cuisine & Sushi Bar · 6628 River Road233 m
  • Wasuta Pasta · 7080 River Road247 m
  • Just Poké · 6699 River Road260 m
  • Sing Cafe Fusion Style · 7488 Lansdowne Road287 m

Cafes (5+)

  • Big Rock Café225 m
  • CoCo Fresh Tea & Juice · 6699 River Road298 m
  • Penguin Bros. · 7488 Lansdowne Road299 m
  • Lattea · 5555 Gilbert Road326 m
  • 101 BoBA · 7991 Alderbridge Way548 m

Grocery (4)

  • Izumiya Japanese Marketplace · 7971 Alderbridge Way491 m
  • Real Canadian Superstore · 4651 Number 3 Road602 m
  • Big Crazy Supermarket · 4551 Number 3 Road635 m
  • Kuo Hua Trading Co · 4551 Number 3 Road751 m

Parks (5+)

  • Unnamed340 m
  • Unnamed384 m
  • Unnamed442 m
  • Middle Arm Waterfront Greenway · 7411 River Road508 m
  • Oval Riverside Plaza596 m

Shopping (4)

  • Superstore Plaza · 4651 Number 3 Road581 m
  • Winners730 m
  • London Plaza753 m
  • Winners761 m

Gyms (5+)

  • Burning Hormone Peachfit · 6888 River Road116 m
  • F45 Training295 m
  • Hyperoo Boxing Gym295 m
  • Fitness World · 7468 Lansdowne Road308 m
  • Atomic Jiujitsu324 m

Pharmacies (5+)

  • Shoppers Drug Mart372 m
  • Oval Integrative Pharmacy457 m
  • Minoru Pharmacy · 7380 Westminster Highway679 m
  • London Drugs · 5971 Number 3 Road769 m
  • Medicine Centre778 m

Banks & ATMs (5+)

  • Scotiabank · 6688 River Road146 m
  • TD · 140-7488 Lansdowne Road284 m
  • BMO · 165-6971 Elmbridge Way408 m
  • National Bank561 m
  • Scotiabank639 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Other Listings in This Building

Other units currently listed in the same building. 317 5311 CEDARBRIDGE WAY

View building profile →
Built 2016

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$550,400.00
Periodic payment — Principal & Interest (monthly)$3,550.99
Additional monthly expenses (strata, tax, utilities, etc.)$903.52
Total monthly cost$4,454.51
Interest paid over 5-yr term$157,746.22
Balance at end of term$495,086.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,953.67

Cash Needed at Closing

Minimum down payment$43,800
Estimated BC PTT$11,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,060

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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