525 7008 RIVER PARKWAY
Richmond, BC V6X0R1
$738,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $670/mo
- Annual property tax
- $2,465.56 (2025)
Interior
- Heating
- Forced air
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Exterior & Lot
- Pool
- Indoor pool
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Underground
Listing Information
- MLS®
- R3130657
- Listed
- June 2, 2026
- Time on market
- On the market for 91 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.
Description
Bright well-maintained 2 bed / 2 bath SW facing unit at the RIVA3 by ONNI. Spacious and efficient layout with High ceilings, large balcony, A/C, forced air heating. Plenty of natural light overlooking courtyard and indoor pool. Clubhouse amenities include indoor pool, media room, party lounge and exercise room. Twp parking stall. Convenient central location, close to transit, walking distance to shopping, restaurants and amenities. (id:63159)
Values & Trends
This listing
$830/sqft
Building average
$911/sqft
4 active listing(s)
Richmond average
$802/sqft
869 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
15°C
Mainly Clear
Humidity 100%
Wind ESE 13 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
63
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
| School | Type | Distance |
|---|---|---|
| Station Stretch | Elementary | 288 m |
| Maple Hill School(Independent) | Secondary | 1.0 km |
| Samuel Brighouse Elementary | Elementary | 1.2 km |
| City Vancouver Academy(Independent) | Secondary | 1.5 km |
| William Cook Elementary | Elementary | 1.7 km |
| Richmond Secondary | Elementary | 1.7 km |
| Archibald Blair Elementary | Elementary | 2.1 km |
| General Currie Elementary | Elementary | 2.1 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
| Stop | Type | Distance |
|---|---|---|
| Eastbound Lansdowne Rd @ Cedarbridge Way | — | 335 m |
| Westbound Lansdowne Rd @ Cedarbridge Way | — | 355 m |
| Northbound Gilbert Rd @ Elmbridge Way | — | 481 m |
| Westbound Elmbridge Way @ Gilbert Rd | — | 505 m |
| Southbound No. 3 Rd @ Alderbridge Way | — | 511 m |
Nearby Places
Restaurants (5+)
- Wasuta Pasta · 7080 River Road209 m
- Co'm Vietnamese · 7688 Alderbridge Way294 m
- SYU Japanese Cuisine & Sushi Bar · 6628 River Road313 m
- Just Poké · 6699 River Road329 m
- Dumpling King · 7911 Alderbridge Way362 m
Cafes (5+)
- Big Rock Café326 m
- CoCo Fresh Tea & Juice · 6699 River Road369 m
- Penguin Bros. · 7488 Lansdowne Road401 m
- Lattea · 5555 Gilbert Road430 m
- The Bubble Tea Shop · 4651 Number 3 Road462 m
Grocery (5+)
- Izumiya Japanese Marketplace · 7971 Alderbridge Way420 m
- Real Canadian Superstore · 4651 Number 3 Road508 m
- Big Crazy Supermarket · 4551 Number 3 Road539 m
- Kuo Hua Trading Co · 4551 Number 3 Road657 m
- New Empire Supermarket · 4600 Number 3 Road719 m
Parks (5+)
- Unnamed373 m
- Middle Arm Waterfront Greenway · 7411 River Road465 m
- Unnamed475 m
- Unnamed498 m
- Oval Riverside Plaza646 m
Shopping (3)
- Superstore Plaza · 4651 Number 3 Road490 m
- Winners702 m
- Winners731 m
Gyms (5+)
- Burning Hormone Peachfit · 6888 River Road189 m
- Hyperoo Boxing Gym322 m
- F45 Training377 m
- Atomic Jiujitsu405 m
- Fitness World · 7468 Lansdowne Road409 m
Pharmacies (3)
- Shoppers Drug Mart476 m
- Oval Integrative Pharmacy525 m
- Minoru Pharmacy · 7380 Westminster Highway765 m
Banks & ATMs (5+)
- Scotiabank · 6688 River Road222 m
- TD · 140-7488 Lansdowne Road388 m
- National Bank500 m
- BMO · 165-6971 Elmbridge Way506 m
- Scotiabank580 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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Financial Ledger
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Financial Summary
Cash Needed at Closing
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.





