Property Type: Detached HouseOwnership: FreeholdNEW LISTING

5491 CATHAY ROAD

Richmond, BC V7C3C9

$2,599,900

5 bed6 bath6 parking3,766 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
7,969 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,711.03 (2025)

Interior

Heating
Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
All

Building

Security
Security system
Parcel ID (PID)
008-711-259

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3160090
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

Beautiful Neo-Classical mansion in prestigious West Richmond, offering 3,700+ SF of elegant 2-level living. Grand marble foyer, soaring ceilings, crown mouldings, and coffered ceilings. Features 5 beds & 6 baths, including a luxurious primary suite. Gourmet kitchen with new high-end appliances + wok kitchen. Radiant heat, A/C, HRV, security & sprinkler systems, and 3-car garage. School catchment: McKay Elementary & Boyd Secondary. Theatre room with separate entrance, offering potential for an unauthorized 1-2 bedroom suite (buyer to verify), providing an excellent rental income opportunity. (id:63159)

Values & Trends

This listing

$690/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 6 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

Mostly Cloudy

18°C

Mostly Cloudy

Humidity 93%

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

44

6/9 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
des NavigateursElementary272 m
Donald E McKay ElementaryElementary677 m
Blundell ElementaryElementary817 m
R M Grauer ElementaryElementary860 m
Jessie Wowk ElementaryElementary1.2 km
J.N. Burnett SecondarySecondary1.2 km
Archibald Blair ElementaryElementary1.3 km
W D Ferris ElementaryElementary1.4 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
Southbound No. 2 Rd @ Blundell Rd301 m
Northbound No. 2 Rd @ Blundell Rd332 m
Northbound No. 2 Rd @ Colville Rd375 m
Southbound No. 2 Rd @ Colville Rd392 m
Eastbound Blundell Rd @ No. 2 Rd407 m

Nearby Places

Restaurants (5+)

  • LA Grill and Bistro393 m
  • Sushi Han · 8180 Number 2 Road395 m
  • Bamboo Express · Number 2 Road408 m
  • Otaru Japanese Kitchen437 m
  • Thai Kitchen452 m

Cafes (3)

  • CoCo Fresh Tea & Juice381 m
  • Starbucks386 m
  • Polar Bear Sweet House · 6060 Blundell Road405 m

Grocery (1)

  • FreshCo · 6140 Blundell Road434 m

Parks (3)

  • Kilgour Neighbourhood School Park283 m
  • McKay Park725 m
  • Blundell Park · 6480 Blundell Road755 m

Pharmacies (1)

  • Shoppers Drug Mart461 m

Banks & ATMs (3)

  • BMO · 8180 Number 2 Road376 m
  • TD377 m
  • Vancity · 6020 Blundell Road397 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($519,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,079,920.00
Periodic payment — Principal & Interest (monthly)$13,418.94
Additional monthly expenses (strata, tax, utilities, etc.)$997.25
Total monthly cost$14,416.19
Interest paid over 5-yr term$596,111.05
Balance at end of term$1,870,894.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$519,980
Stress test qualifying rate8.09%
Payment you must qualify for$15,993.86

Cash Needed at Closing

Minimum down payment$519,980
Estimated BC PTT$55,997
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,477

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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