Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

509 10011 RIVER DRIVE

Richmond, BC V6X0N2

$499,999

2 bed1 bath1 parking677 sqftBuilt 2015
Get Directions

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$600/mo
Annual property tax
$1,865.14 (2025)

Interior

Heating
Forced air, Geo Thermal
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Waterfront
Waterfront
Pool
Indoor pool
Lot features
Elevator

Building

Parcel ID (PID)
029-745-110

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed, 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®
R3160165
Listed
August 31, 2026
Time on market
Listed today
Tax assessment year
2025
Data last synced
September 1, 2026

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

Description

Welcome to this bright and functional 2 Bedroom + 1 Bath Penthouse home in the popular Parc Riviera complex, shows like new with beautiful river & mountain view. Located in the convenient Bridgeport neighbourhood. This 677f residence features a well-laid-out floor plan with generous FOUR pane windows allowing for solid sound proofing & plenty of natural light. The modern kitchen offers stainless steel appliances and ample counter space. Both bedrooms are of good size, making this unit ideal for first-time buyers, young professionals, or investors. Steps to SkyTrain Station, easy access to Highway 91/99.A great opportunity to own in a well-maintained, resort-style riverside community! (id:63159)

Values & Trends

This listing

$739/sqft

Building average

No other active listings in this building

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

Partly Cloudy

14°C

Partly Cloudy

Humidity 100%

Wind ESE 12 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

11

2/9 categories nearby

Transit

7

1 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
Robert J Tait ElementaryElementary330 m
Chaoyin Bilingual School(Independent)Elementary1.0 km
R. C. Talmey ElementaryElementary1.3 km
des ColibrisElementary1.4 km
Canada Star Secondary School(Independent)Secondary1.8 km
Tomsett ElementaryElementary1.8 km
St Anthony of Padua(Independent)Elementary1.9 km
Windsor Hall(Independent)Middle1.9 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 Bridgeport Rd @ McLeod Ave798 m

Nearby Places

Grocery (1)

  • Sungiven Foods · 9771 Bridgeport Road773 m

Parks (1)

  • Tait Waterfront Park · 9991 River Drive318 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,999.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (strata, tax, utilities, etc.)$789.10
Total monthly cost$3,369.76
Interest paid over 5-yr term$114,640.86
Balance at end of term$359,800.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$25,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,652.58

Cash Needed at Closing

Minimum down payment$25,000
Estimated BC PTT$8,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,500

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.

Request more information