Property Type: Detached HouseOwnership: Freehold

5011 COLBECK ROAD

Richmond, BC V7C3E4

$2,698,000

5 bed5 bath3 parking3,700 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
8,170 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,204.34 (2025)

Interior

Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)
Appliances
All

Building

Parcel ID (PID)
028-165-608

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3143017
Listed
July 6, 2026
Time on market
On the market for 56 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

Beautifully maintained luxury home on a premium corner lot in the prestigious Lackner neighbourhood. Offering 5 bedrooms and 5 full bathrooms with exquisite craftsmanship throughout. Stone exterior with triple garage. Upstairs features 5 specious bedrooms, including 3 en-suites with large walk-in closers, plus a balcony and private sauna/ steam room. Ideal for entertaining with a media room featuring an extra-large 3 D screen, we bar, wine cellar, and access to a private BBQ patio. Includes a tranquil green tea house. Walking distance to top schools: McMath, Burnett, Stevenston & London Secondary, with easy access to French Immersion. (id:63159)

Values & Trends

This listing

$729/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 3 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

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
R M Grauer ElementaryElementary451 m
des NavigateursElementary466 m
Donald E McKay ElementaryElementary825 m
Jessie Wowk ElementaryElementary1.2 km
Hugh Boyd SecondaryElementary1.2 km
James Gilmore ElementaryElementary1.3 km
St Joseph the Worker(Independent)Elementary1.3 km
J.N. Burnett SecondarySecondary1.3 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 Railway Ave @ Colbeck Rd15 m
Southbound Railway Ave @ Colbeck Rd77 m
Southbound Railway Ave @ Blundell Rd273 m
Northbound Railway Ave @ 8600 Block279 m
Southbound Railway Ave @ 8600 Block304 m

Nearby Places

Restaurants (1)

  • Sushi Lovers357 m

Parks (3)

  • Grauer Neighbourhood School Park · 4440 Blundell Road399 m
  • Kilgour Neighbourhood School Park421 m
  • Railway Greenway540 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($539,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,158,400.00
Periodic payment — Principal & Interest (monthly)$13,925.26
Additional monthly expenses (strata, tax, utilities, etc.)$952.03
Total monthly cost$14,877.29
Interest paid over 5-yr term$618,603.64
Balance at end of term$1,941,487.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$539,600
Stress test qualifying rate8.09%
Payment you must qualify for$16,597.34

Cash Needed at Closing

Minimum down payment$539,600
Estimated BC PTT$58,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$600,040

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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