Property Type: Condo / ApartmentOwnership: Strata

489 8671 HAZELBRIDGE WAY

Richmond, BC V6X0W9

$628,000

1 bed1 bath1 parking579 sqftBuilt 2025
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$419/mo
Annual property tax
$1,738.36 (2025)

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

Pool
Indoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground, 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®
R3119146
Listed
May 4, 2026
Time on market
On the market for 119 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: 1NE Collective Realty Inc. · Data source: CREA DDF.

Description

Welcome to Picasso at Galleria by Concord Pacific - Richmond's Iconic master-planned community! This 1 BED + DEN with 1 PARKING home is perfectly located next to Capstan station, offering world-class amenities including an indoor pool, hot tub, fitness center, steam room, yoga and more. This home blends timeless design with smart living, thoughtful extras like built-in organizers, BOSCH integrated appliances, thermostat, central A/C and heating. Step outside to a tranquil 2-acre park, ultimate urban conveniences like Union Square, Foody World, Canadian Tire, Yaohan Centre, dining and top schools just minutes away. Live artfully. Live connected. Live at Picasso, Galleria. (id:63159)

Values & Trends

This listing

$1,085/sqft

Building average

$1,073/sqft

2 active listing(s)

Richmond average

$801/sqft

869 active listing(s)

Parking: 1 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
Maple Hill School(Independent)Secondary662 m
City Vancouver Academy(Independent)Secondary747 m
R. C. Talmey ElementaryElementary903 m
Tomsett ElementaryElementary1.3 km
Chaoyin Bilingual School(Independent)Elementary1.4 km
Station StretchElementary1.6 km
Robert J Tait ElementaryElementary1.6 km
St Anthony of Padua(Independent)Elementary1.8 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
Capstan Station @ Platform 190 m
Capstan Station @ Bay 391 m
Capstan Station @ Platform 297 m
Capstan Station @ Bay 4100 m
Capstan Station @ Bay 1104 m

Nearby Places

Restaurants (5+)

  • Pho 37 · 8300 Capstan Way114 m
  • Meet Fresh · 8300 Capstan Way130 m
  • Banbuxian Restaurant · 8328 Capstan Way133 m
  • U Town Hot Pot · 8328 Capstan Way144 m
  • Hey Yearn Restaurant · 8328 Capstan Way153 m

Cafes (5+)

  • Trees Organic Coffee · 3300 Number 3 Road89 m
  • SWEET7150 m
  • CHAYAN · 8328 Capstan Way169 m
  • Hanlin Tea House · 8328 Capstan Way174 m
  • Cocobay · 8300 Capstan Way179 m

Grocery (5+)

  • 2000 Supermarket · 8388 Capstan Way226 m
  • Osaka Supermarket357 m
  • New Hong Kong Supermarket · 3779 Sexsmith Road373 m
  • Foody World · 3000 Sexsmith Road411 m
  • H Mart690 m

Parks (4)

  • Capstan Neighbourhood Park67 m
  • Unnamed143 m
  • Ketcheson Neighbourhood Park · 3233 Ketcheson Road360 m
  • Aberdeen Neighbourhood Park · 8331 Cambie Road377 m

Shopping (5+)

  • Canadian Tire160 m
  • Yaohan Centre · 3700 Number 3 Road366 m
  • President Plaza · 8181 Cambie Road518 m
  • Aberdeen Centre · 4151 Hazelbridge Way619 m
  • Pacific Plaza · 8888 Odlin Crescent641 m

Gyms (4)

  • Ethan Fitness Centre550 m
  • Top Level Performance Institute · 8711 Beckwith Road576 m
  • Anytime Fitness617 m
  • Boson fitness · 9111 Beckwith Road787 m

Pharmacies (5+)

  • CAP Pharmacy209 m
  • Park Pacific Pharmacy331 m
  • Pharmasave · 4151 Hazelbridge Way578 m
  • McKim Care Pharmacy705 m
  • Costco Pharmacy772 m

Banks & ATMs (5+)

  • BMO · 3331 Number 3 Road135 m
  • TD468 m
  • BMO518 m
  • RBC Royal Bank · 4151 Hazelbridge Way578 m
  • Instacoin ATM671 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$502,400.00
Periodic payment — Principal & Interest (monthly)$3,241.31
Additional monthly expenses (strata, tax, utilities, etc.)$593.22
Total monthly cost$3,834.54
Interest paid over 5-yr term$143,989.28
Balance at end of term$451,910.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,538.43

Cash Needed at Closing

Minimum down payment$37,800
Estimated BC PTT$10,560
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,860

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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