Property Type: Detached HouseOwnership: Freehold

5211 LANCING ROAD

Richmond, BC V7C2Z9

$3,880,000

6 bed7 bath7 parking3,949 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
House
Lot size
8,717 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,479.29 (2025)

Interior

Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
7 — covered indicated
Features
Garage

Listing Information

MLS®
R3074167
Listed
December 16, 2025
Time on market
On the market for 258 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Custom built house with 6-bedrooms and all en-suites in the beautiful and quiet inner street Granville area. All appliances are top-of-the-liners, gr. Air Conditioning, HRV, high ceiling on main & 9' ceiling on 2/Floor, 16' ceiling foyer and living room. Close to McKay Elementary & Burnette Secondary. Exquisite details throughout with exceptional quality. (id:63159)

Values & Trends

This listing

$983/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 7 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

26

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
Donald E McKay ElementaryElementary356 m
R M Grauer ElementaryElementary571 m
des NavigateursElementary694 m
J.N. Burnett SecondarySecondary815 m
Archibald Blair ElementaryElementary948 m
Blundell ElementaryElementary1.2 km
Quilchena ElementaryElementary1.3 km
James Gilmore ElementaryElementary1.5 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 @ Lancing Rd171 m
Southbound Railway Ave @ Lancing Rd178 m
Northbound Railway Ave @ Blundell Rd192 m
Southbound Railway Ave @ Blundell Rd253 m
Southbound Railway Ave @ Linfield Gate366 m

Nearby Places

Restaurants (3)

  • Sushi Lovers251 m
  • LA Grill and Bistro711 m
  • Sushi Han · 8180 Number 2 Road790 m

Cafes (3)

  • Starbucks715 m
  • CoCo Fresh Tea & Juice719 m
  • Polar Bear Sweet House · 6060 Blundell Road723 m

Grocery (1)

  • FreshCo · 6140 Blundell Road753 m

Parks (5+)

  • McKay Park392 m
  • Grauer Neighbourhood School Park · 4440 Blundell Road586 m
  • Railway Granville Bike Park642 m
  • Kilgour Neighbourhood School Park676 m
  • Morris Neighbourhood Park735 m

Banks & ATMs (3)

  • Vancity · 6020 Blundell Road683 m
  • TD724 m
  • BMO · 8180 Number 2 Road773 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($776,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,104,000.00
Periodic payment — Principal & Interest (monthly)$20,025.95
Additional monthly expenses (strata, tax, utilities, etc.)$1,236.94
Total monthly cost$21,262.90
Interest paid over 5-yr term$889,615.32
Balance at end of term$2,792,058.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$776,000
Stress test qualifying rate8.09%
Payment you must qualify for$23,868.67

Cash Needed at Closing

Minimum down payment$776,000
Estimated BC PTT$112,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$889,500

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.

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