Property Type: Condo / ApartmentOwnership: Strata

323 10880 NO. 5 ROAD

Richmond, BC V6W0B3

$525,000

1 bed1 bath2 parking717 sqftBuilt 2014
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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
$528/mo
Annual property tax
$1,852.38 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — covered indicated
Features
Garage

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®
R3115765
Listed
April 25, 2026
Time on market
On the market for 129 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Grand Central Realty · Data source: CREA DDF.

Description

Experience everyday serenity at Azalea in The Gardens by Townline Homes. This bright southeast-facing 1 bed + generous den (easily a 2nd bedroom) welcomes you with natural light, a smart open layout & an immediate sense of calm. Offering 709 SF of well-designed interior living space, the modern kitchen features sleek stainless steel appliances and flows effortlessly into your living & dining areas-perfect for both quiet nights in & easy entertaining. Step outside to your 56 SF private balcony overlooking a peaceful courtyard-your own outdoor escape to unwind. This well-kept home includes 1 bath, in-suite laundry & the rare bonus of 2 secure side-by-side full-sized parking stalls. Enjoy access to a 6,000 SF clubhouse with gym, lounge, badminton court & more. Set within The Gardens, steps to a 12-acre park, trails & everyday conveniences. Minutes to Ironwood Plaza, schools & Hwy 99. A home that simply feels right. Showings by appointment only (no open house signs per strata). (id:63159)

Values & Trends

This listing

$732/sqft

Building average

$896/sqft

3 active listing(s)

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

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-12444 m
Daniel Woodward ElementaryElementary563 m
Thomas Kidd ElementaryElementary967 m
Kingswood ElementaryElementary1.3 km
Richmond Jewish Day School(Independent)Elementary1.6 km
Matthew McNair SecondaryElementary1.9 km
Az-Zahraa Islamic Academy(Independent)Elementary1.9 km
James Whiteside ElementaryElementary2.2 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 Hwy46 m
Southbound No. 5 Rd @ Steveston Hwy62 m
Westbound Steveston Hwy @ No. 5 Rd110 m
Southbound No. 5 Rd @ Steveston Hwy242 m
Westbound Steveston Hwy @ Hwy 99254 m

Nearby Places

Restaurants (5+)

  • Sushi Crave · 10880 Number 5 Road2 m
  • Soo Korean Pocha · 11060 Number 5 Road144 m
  • The Chopped Leaf · 11700 Steveston Highway180 m
  • Pho Ten211 m
  • Wings215 m

Cafes (3)

  • Starbucks176 m
  • Bubble Waffle Cafe376 m
  • Tim Hortons · Steveston Highway509 m

Grocery (3)

  • Save-On-Foods · 11666 Steveston Highway395 m
  • Bulk Barn605 m
  • Exotic International Market · 11331 Coppersmith Way624 m

Parks (1)

  • Gardens Agricultural Park257 m

Shopping (1)

  • Canadian Tire517 m

Gyms (3)

  • Anytime Fitness · 10880 Number 5 Road26 m
  • Club Pilates586 m
  • Axé Capoeira Richmond · 150-11780 Hammersmith Way723 m

Pharmacies (2)

  • Crescent Pharmacy Integrative Health Centre · 10880 Number 5 Road12 m
  • London Drugs · 11666 Steveston Highway271 m

Banks & ATMs (5+)

  • BMO101 m
  • Instacoin ATM173 m
  • CIBC · 11200 Number 5 Road262 m
  • Scotiabank ATM284 m
  • Coast Capital Savings · 11660 Steveston Highway355 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$718.23
Total monthly cost$3,427.92
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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