Property Type: Condo / ApartmentOwnership: Strata

405 7071 BLUNDELL ROAD

Richmond, BC V6Y1J5

$719,000

2 bed2 bath2 parking1,366 sqftBuilt 1992
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Amenities

Also listed: Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$525/mo
Annual property tax
$2,516.66 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — uncovered indicated
Features
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®
R3136033
Listed
June 15, 2026
Time on market
On the market for 77 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Why rent when you can own? Affordable, updated, 2-bedroom + den with 2 full baths. 1,366 sq.ft. penthouse apartment in popular "Windsor Gardens", south-facing over quiet, inside courtyard. 12´ vaulted ceiling in huge 22´ x 11.5´ living room. Huge primary bedroom features spacious walk-in closet & 5-piece ensuite bath with separate shower, soaker tub, & large linen closet. Freshly painted & newly reno'd: kitchen range, hoodfan, cabinets, countertops, splash; plus both bathrooms' vanities, faucets, toilets, bathtub surrounds. New tile flooring in kitchen & baths. No carpet in unit. In-suite laundry. 2 parking stalls. Complete common area updates about 10-years ago made this complex look near new. (id:63159)

Values & Trends

This listing

$526/sqft

Building average

No other active listings in this building

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

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

11

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
W D Ferris ElementaryElementary335 m
Blundell ElementaryElementary526 m
Richmond SecondaryElementary610 m
General Currie ElementaryElementary959 m
St Paul School(Independent)Elementary1.1 km
Samuel Brighouse ElementaryElementary1.2 km
R C Palmer SecondaryElementary1.4 km
Donald E McKay ElementaryElementary1.4 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 Gilbert Rd @ Blundell Rd130 m
Eastbound Blundell Rd @ Gilbert Rd133 m
Westbound Blundell Rd @ Moffatt Rd168 m
Westbound Blundell Rd @ Gilbert Rd190 m
Northbound Gilbert Rd @ Donald Rd198 m

Nearby Places

Grocery (1)

  • Blundell Market · 7791 Number 3 Road666 m

Parks (4)

  • Ferris Neighbourhood School Park · 7520 Sunnymede Crescent321 m
  • Blundell Park · 6480 Blundell Road577 m
  • Garatt Park593 m
  • Marrington Neighbourhood Park760 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$575,200.00
Periodic payment — Principal & Interest (monthly)$3,711.00
Additional monthly expenses (strata, tax, utilities, etc.)$802.46
Total monthly cost$4,513.46
Interest paid over 5-yr term$164,853.97
Balance at end of term$517,394.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,168.21

Cash Needed at Closing

Minimum down payment$46,900
Estimated BC PTT$12,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,780

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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