Property Type: Detached HouseOwnership: Freehold

5331 TIFFANY PLACE

Richmond, BC V7C5A6

$1,798,000

5 bed4 bath4 parking2,750 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Lot size
4,825 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,532.17 (2025)

Interior

Heating
Natural gas, Hot Water
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3134866
Listed
June 11, 2026
Time on market
On the market for 82 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Metro Edge Realty · Data source: CREA DDF.

Description

Beautifully updated executive home in sought-after Tiffany Estates, West Richmond. Features 5 bedrooms and a large games room currently used as a bedroom with office and entertainment space. Bright foyer with tile flooring, cozy fireplace, and upgraded kitchen with granite countertops, stainless steel appliances, and LED lighting. Renovated bathrooms and ensuite feature quartz counters and modern fixtures. Major updates completed in 2021 include new windows, new flooring, a high-efficiency boiler, and a hot water tank, providing enhanced comfort and energy efficiency. Private backyard with mature hedges, side-by-side double garage, and new washer/dryer. Walking distance to Blair Elementary, Burnett Secondary, and parks. Just minutes to Save-On-Foods and quick access to Vancouver. Open House: June 27&28 (Sat&Sun) 2-4pm (id:63159)

Values & Trends

This listing

$654/sqft

Building average

No other active listings in this building

Richmond average

$809/sqft

621 active listing(s)

Parking: 4 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
Archibald Blair ElementaryElementary425 m
J.N. Burnett SecondarySecondary600 m
James Thompson ElementaryElementary902 m
Donald E McKay ElementaryElementary1.1 km
Samuel Brighouse ElementaryElementary1.1 km
Spul'u'kwuks ElementaryElementary1.4 km
R M Grauer ElementaryElementary1.7 km
Quilchena ElementaryElementary1.9 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
Eastbound Westminster Hwy @ Tiffany Blvd106 m
Westbound Westminster Hwy @ Lynas Lane129 m
Eastbound Westminster Hwy @ Lynas Lane166 m
Westbound Westminster Hwy @ Tiffany Blvd170 m
Southbound Lynas Lane @ Dover Cres277 m

Nearby Places

Cafes (1)

  • Golden Coin662 m

Parks (5+)

  • Tiffany Park · 6191 Lynas Lane62 m
  • Garnet Tot Lot · 5271 Turquoise Drive247 m
  • Unnamed375 m
  • McCallan Neighbourhood Park447 m
  • Thompson/Burnett Community Park · 5151 Granville Avenue620 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($359,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,438,400.00
Periodic payment — Principal & Interest (monthly)$9,280.07
Additional monthly expenses (strata, tax, utilities, etc.)$599.01
Total monthly cost$9,879.08
Interest paid over 5-yr term$412,249.57
Balance at end of term$1,293,845.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$359,600
Stress test qualifying rate8.09%
Payment you must qualify for$11,060.79

Cash Needed at Closing

Minimum down payment$359,600
Estimated BC PTT$33,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$395,060

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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