Property Type: Condo / ApartmentOwnership: Strata

322 12339 STEVESTON HIGHWAY

Richmond, BC V6W0B4

$489,999

2 bed1 bath1 parking715 sqftBuilt 2014
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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
$535/mo
Annual property tax
$1,858.77 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3146204
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.

Description

Welcome to Magnolia at The Gardens in Richmond´s desirable Ironwood neighbourhood. Built in 2014, this bright two-bedroom, one-bathroom condo features a smart, functional layout with a light-filled living space and contemporary finishes throughout. The open-concept design offers effortless flow for everyday living and entertaining, while two bedrooms provide flexibility for a home office, guests, or growing families. Ample open parking adds everyday convenience. Set in a well-managed complex close to shopping, restaurants, transit, and amenities-an excellent opportunity for first-time buyers. (id:63159)

Values & Trends

This listing

$685/sqft

Building average

$737/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

74

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-12420 m
Daniel Woodward ElementaryElementary603 m
Thomas Kidd ElementaryElementary1.1 km
Kingswood ElementaryElementary1.3 km
Richmond Jewish Day School(Independent)Elementary1.6 km
Az-Zahraa Islamic Academy(Independent)Elementary1.9 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
Northbound No. 5 Rd @ Steveston Hwy149 m
Southbound No. 5 Rd @ Steveston Hwy153 m
Westbound Steveston Hwy @ Hwy 99178 m
Eastbound Steveston Hwy @ Hwy 99196 m
Westbound Steveston Hwy @ No. 5 Rd213 m

Nearby Places

Restaurants (5+)

  • Sushi Crave · 10880 Number 5 Road103 m
  • Soo Korean Pocha · 11060 Number 5 Road203 m
  • Pho Ten272 m
  • The Chopped Leaf · 11700 Steveston Highway282 m
  • Wings284 m

Cafes (3)

  • Starbucks264 m
  • Bubble Waffle Cafe478 m
  • Tim Hortons · Steveston Highway610 m

Grocery (3)

  • Save-On-Foods · 11666 Steveston Highway498 m
  • Bulk Barn708 m
  • Exotic International Market · 11331 Coppersmith Way727 m

Parks (1)

  • Gardens Agricultural Park181 m

Shopping (1)

  • Canadian Tire620 m

Gyms (2)

  • Anytime Fitness · 10880 Number 5 Road126 m
  • Club Pilates687 m

Pharmacies (2)

  • Crescent Pharmacy Integrative Health Centre · 10880 Number 5 Road93 m
  • London Drugs · 11666 Steveston Highway368 m

Banks & ATMs (5+)

  • BMO178 m
  • Instacoin ATM237 m
  • CIBC · 11200 Number 5 Road326 m
  • Scotiabank ATM387 m
  • Coast Capital Savings · 11660 Steveston Highway458 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Other Listings in This Building

Other units currently listed in the same building. 322 12339 STEVESTON HIGHWAY

View building profile →
Built 2014

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$391,999.00
Periodic payment — Principal & Interest (monthly)$2,529.04
Additional monthly expenses (strata, tax, utilities, etc.)$726.15
Total monthly cost$3,255.19
Interest paid over 5-yr term$112,348.04
Balance at end of term$352,604.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,579.52

Cash Needed at Closing

Minimum down payment$24,500
Estimated BC PTT$7,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,800

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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