Property Type: Condo / ApartmentOwnership: Strata

502 7360 ELMBRIDGE WAY

Richmond, BC V6X0A5

$475,000

1 bed1 bath1 parking603 sqftBuilt 2008
Get Directions

Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$355/mo
Annual property tax
$1,664.57 (2025)

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

View
View
Pool
Outdoor 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®
R3149205
Listed
July 22, 2026
Time on market
On the market for 40 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Enjoy refined urban living in this bright and beautifully maintained residence at The Flo, ideally located in the heart of Richmond´s vibrant Brighouse community. This thoughtfully designed home offers efficient living space with a functional open-concept layout. Large windows invite an abundance of natural light, creating a warm and welcoming atmosphere throughout. The contemporary kitchen is equipped with modern appliances, sleek cabinetry, and generous storage. Residents enjoy excellent amenities such as an exercise centre, outdoor pool, hot tub, sauna, social lounge and a lot more! Just steps from Richmond Centre, cafes. restaurants, public transit, and the scenic Olympic Oval, this home presents an outstanding opportunity for first-time buyers, downsizers, or investors seeking comfort, convenience, and lifestyle in one of Richmond´s most sought-after neighbourhoods. (id:63159)

Values & Trends

This listing

$788/sqft

Building average

$729/sqft

5 active listing(s)

Richmond average

$802/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

56

7/9 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
Station StretchElementary555 m
Samuel Brighouse ElementaryElementary697 m
Richmond SecondaryElementary1.2 km
William Cook ElementaryElementary1.4 km
Maple Hill School(Independent)Secondary1.5 km
General Currie ElementaryElementary1.7 km
Archibald Blair ElementaryElementary1.7 km
City Vancouver Academy(Independent)Secondary1.9 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 Elmbridge Way @ Alderbridge Way42 m
Northbound Gilbert Rd @ Elmbridge Way166 m
Westbound Westminster Hwy @ Alderbridge Way174 m
Eastbound Westminster Hwy @ Alderbridge Way193 m
Southbound Gilbert Rd @ Elmbridge Way194 m

Nearby Places

Restaurants (5+)

  • Free Bird Table & Bar · 5991 Alderbridge Way163 m
  • South Silk Road Restaurant · 7260 Westminster Highway206 m
  • Dinesty Dumpling House · 5555 Gilbert Road212 m
  • Harold's · 7551 Westminster Highway223 m
  • Sing Cafe Fusion Style · 7488 Lansdowne Road254 m

Cafes (5+)

  • Lattea · 5555 Gilbert Road219 m
  • Penguin Bros. · 7488 Lansdowne Road268 m
  • Big Rock Café305 m
  • CoCo Fresh Tea & Juice · 6699 River Road461 m
  • He Made Dessert · 5951 Number 3 Road567 m

Parks (5+)

  • Unnamed367 m
  • Unnamed588 m
  • Unnamed604 m
  • Minoru Park615 m
  • Brighouse Neighbourhood School Park664 m

Shopping (3)

  • London Plaza519 m
  • CF Richmond Centre · 6551 Number 3 Road680 m
  • Muji · 6551 Number 3 Road797 m

Gyms (5+)

  • Overdrive Athletic Club97 m
  • Rumble Boxing Studio157 m
  • Raincity Boxing & Fitness173 m
  • F45 Training227 m
  • Fitness World · 7468 Lansdowne Road277 m

Pharmacies (5+)

  • Shoppers Drug Mart204 m
  • Minoru Pharmacy · 7380 Westminster Highway285 m
  • Medicine Centre374 m
  • Oval Integrative Pharmacy538 m
  • London Drugs · 5971 Number 3 Road543 m

Banks & ATMs (5+)

  • TD · 140-7488 Lansdowne Road238 m
  • BMO · 165-6971 Elmbridge Way308 m
  • Scotiabank · 6688 River Road441 m
  • Gulf & Fraser494 m
  • National Bank · 5811 Number 3 Road544 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$380,000.00
Periodic payment — Principal & Interest (monthly)$2,451.63
Additional monthly expenses (strata, tax, utilities, etc.)$523.39
Total monthly cost$2,975.03
Interest paid over 5-yr term$108,909.09
Balance at end of term$341,811.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.95

Cash Needed at Closing

Minimum down payment$23,750
Estimated BC PTT$7,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,750

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.

Request more information