Property Type: Detached HouseOwnership: Freehold

4395 HERMITAGE DRIVE

Richmond, BC V7E5B5

$1,250,000

3 bed2 bath2 parking1,370 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Lot size
3,875 square feet
Frontage
39.4 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,558.41 (2025)

Interior

Heating
Natural gas
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3155035
Listed
August 12, 2026
Time on market
On the market for 20 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Welcome to this charming rancher-style home in the highly sought-after Steveston North neighborhood of Richmond. Offering 3 bedrooms and 2 bathrooms, this residence is the perfect opportunity for those looking to enjoy the ease and comfort of one-level living. This home has solid bones-an ideal canvas for your renovation ideas, although not required - this home is clean and move in ready for a small family looking to get their start in the detached market. Families will appreciate the close proximity to Diefenbaker Elementary, while the vibrant shops, dining, and waterfront charm of Steveston Village are just a short stroll away. Whether you're a first-time buyer, investor, or downsizer, this is a rare opportunity to own in one of Richmond´s most desirable communities. Don´t miss your chance to unlock the potential of this well-located gem. (id:63159)

Values & Trends

This listing

$912/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 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.

Detached (House) Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,911,700

Jul 2026

Average Sale Price

$1,917,898

Jul 2026

Monthly Sales

63

Jul 2026

Active Listings

612

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,225,800
$1,911,700
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

37

5/9 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
John G Diefenbaker ElementaryElementary197 m
St Joseph the Worker(Independent)Elementary657 m
Robert A. McMath SecondarySecondary662 m
Lord Byng ElementaryElementary767 m
James McKinney ElementaryElementary867 m
Manoah Steves ElementaryElementary916 m
Hugh Boyd SecondaryElementary1.1 km
Alfred B Dixon ElementaryElementary1.1 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
Westbound Steveston Hwy @ Ransford Gate276 m
Eastbound Steveston Hwy @ Ransford Gate292 m
Northbound No. 1 Rd @ Fundy Gate309 m
Southbound No. 1 Rd @ Springfield Dr328 m
Eastbound Steveston Hwy @ No. 1 Rd351 m

Nearby Places

Restaurants (1)

  • Okome · 11099 Number 1 Road494 m

Grocery (1)

  • Hayat Supermarket · 10991 Number 1 Road429 m

Parks (5+)

  • Diefenbaker Neighbourhood School Park · 10300 Fundy Drive127 m
  • Unnamed579 m
  • McMath Neighbourhood School Park · 4251 Garry Street638 m
  • Railway Greenway721 m
  • Lord Byng Neighbourhood School Park · 3711 Georgia Street733 m

Pharmacies (1)

  • Shoppers Drug Mart · 3868 Steveston Highway512 m

Banks & ATMs (1)

  • BMO · 3900 Steveston Highway456 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$448.87
Total monthly cost$6,900.53
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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