Property Type: TownhouseOwnership: Strata

4 7140 RAILWAY AVENUE

Richmond, BC V7C3J8

$1,399,000

4 bed4 bath2 parking1,675 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$434/mo
Annual property tax
$4,241.28 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
028-589-262

Parking

Total spaces
2 — covered indicated
Features
Garage, Visitor Parking

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®
R3139240
Listed
June 24, 2026
Time on market
On the market for 69 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Luxmore Realty · Data source: CREA DDF.

Description

The 4-bedroom townhome you've been waiting for in Richmond's favourable Granville neighbourhood! Offering 1,675SF of bright, functional living space, this wide-layout home features a side-by-side double garage & a rare ground-floor bedroom with full ensuite- perfect for guests, inlaws, multigenerational living, or private home office. Refreshed with new paint & stylish laminate flooring throughout, this move-in ready home boasts a spacious living & family room, & dining area filled with natural light, plus 3 large bdrms upstairs. Nestled in a private 12-unit complex, enjoy direct access to Railway Greenway Trail & prime location within McKay Elementary & Burnett Secondary catchments. Minutes to Thompson Community, Quilchena Golf, Steveston Village, Richmond Centre, parks, & easy access to Vancouver. (id:63159)

Values & Trends

This listing

$835/sqft

Building average

No other active listings in this building

Richmond average

$757/sqft

349 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.

Townhouse Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$1,035,200

Jul 2026

Average Sale Price

$995,218

Jul 2026

Monthly Sales

70

Jul 2026

Active Listings

395

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

24 days

Jul 2026

MLS® HPI Benchmark Price

$1,174,700
$939,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

15

2/9 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
J.N. Burnett SecondarySecondary299 m
Donald E McKay ElementaryElementary380 m
Archibald Blair ElementaryElementary486 m
R M Grauer ElementaryElementary830 m
James Thompson ElementaryElementary1.1 km
des NavigateursElementary1.2 km
Quilchena ElementaryElementary1.2 km
Samuel Brighouse 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 Railway Ave @ Granville Ave78 m
Northbound Railway Ave @ Linfield Gate103 m
Southbound Railway Ave @ Linfield Gate200 m
Eastbound Granville Ave @ Railway Ave221 m
Westbound Granville Ave @ Lynas Lane316 m

Nearby Places

Restaurants (1)

  • Sushi Lovers624 m

Parks (5+)

  • Railway Granville Bike Park117 m
  • Thompson/Burnett Community Park · 5151 Granville Avenue322 m
  • McKay Park347 m
  • Morris Neighbourhood Park481 m
  • McCallan Neighbourhood Park682 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,200.00
Periodic payment — Principal & Interest (monthly)$7,220.70
Additional monthly expenses (strata, tax, utilities, etc.)$871.40
Total monthly cost$8,092.10
Interest paid over 5-yr term$320,765.94
Balance at end of term$1,006,724.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,874.28

Cash Needed at Closing

Minimum down payment$114,900
Estimated BC PTT$25,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,380

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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