Property Type: TownhouseOwnership: Strata

48 12311 MCNEELY DRIVE

Richmond, BC V6V2S2

$769,900

2 bed2 bath2 parking1,047 sqftBuilt 1993
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Amenities

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$345/mo
Annual property tax
$2,706.23 (2024)

Interior

Heating
Baseboard heaters, Forced air
Fireplace
None

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®
R3149723
Listed
July 24, 2026
Time on market
On the market for 38 days
Tax assessment year
2024
Data last synced
August 28, 2026

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

Description

Welcome to Unit 48 at Sausalito by Polygon, This bright west-facing townhome offers 2 bedrooms, 2 bathrooms, and 9' ceilings on the main floor. Enjoy a cozy gas fireplace, a spacious living & dining area, and a balcony perfect for afternoon sun! The kitchen boasts a large bay window, and the fully fenced large yard including additional storage. Low strata fees in a well-maintained complex. Located in Kathleen McNeely Elementary & Cambie Secondary catchments, with shopping, dining, parks, and transit all within walking distance. Cambie Community Center & King George Park are minutes away, with easy access to Oak & Knight Street Bridges. A fantastic home in a family-friendly neighborhood! (id:63159)

Values & Trends

This listing

$735/sqft

Building average

$660/sqft

1 active listing(s)

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

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

33

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
Kathleen McNeely ElementaryElementary327 m
Mitchell ElementaryElementary598 m
Cambie SecondarySecondary608 m
Windsor Hall(Independent)Middle887 m
Canada Star Secondary School(Independent)Secondary1.0 km
Chaoyin Bilingual School(Independent)Elementary2.0 km
Tomsett ElementaryElementary2.0 km
R. C. Talmey ElementaryElementary2.4 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
Eastbound Jack Bell Dr @ McNeely Dr94 m
Westbound Jack Bell Dr @ McNeely Dr108 m
Eastbound McNeely Dr @ No. 5 Rd235 m
Northbound No. 5 Rd @ McNeely Dr253 m
Westbound Jack Bell Dr @ 12500 Block319 m

Nearby Places

Restaurants (5+)

  • L.A. Chicken · 11780 Thorpe Road406 m
  • Lucky Joy BBQ Restaurant · 11780 Thorpe Road413 m
  • Lotus · Number 5 Road467 m
  • Richmond Pizza · 4119 Number 5 Road476 m
  • Best Meats · 4117 Number 5 Road479 m

Cafes (2)

  • Typhoon Bubble Tea Taiwanese Cuisine · 11700 Cambie Road551 m
  • Tim Hortons · 13020 Delf Place588 m

Parks (3)

  • King George Park319 m
  • Mitchell Neighbourhood School Park633 m
  • Richmond Nature Park East · 5991 Jacombs Road734 m

Pharmacies (2)

  • HealthPlus Pharmacy #1 · 4115 Number 5 Road482 m
  • Shoppers Drug Mart · 11800 Cambie Road552 m

Banks & ATMs (4)

  • Bitcoin ATM Localcoin · 4121 Number 5 Road478 m
  • Coast Capital Savings · 11911 Cambie Road591 m
  • Unnamed600 m
  • RBC · 11600 Cambie Road638 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($51,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$615,920.00
Periodic payment — Principal & Interest (monthly)$3,973.71
Additional monthly expenses (strata, tax, utilities, etc.)$622.54
Total monthly cost$4,596.25
Interest paid over 5-yr term$176,524.44
Balance at end of term$554,022.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$51,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,520.48

Cash Needed at Closing

Minimum down payment$51,990
Estimated BC PTT$13,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$66,888

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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