Property Type: Detached HouseOwnership: Freehold

5591 OLIVER DRIVE

Richmond, BC V6V2P2

$1,390,000

4 bed3 bath2 parking2,080 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
3,947.96 square feet
Frontage
39.8 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,433.27 (2025)

Interior

Basement
Crawl space, Unknown, Unknown
Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
All, Central Vacuum

Exterior & Lot

View
View
Lot features
Treed

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
017-381-908

Parking

Total spaces
2

Listing Information

MLS®
R3144584
Listed
July 9, 2026
Time on market
On the market for 53 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

Extensively upgraded over the years, this move-in ready family home features a west-facing backyard backing onto a tranquil greenbelt in desirable Hamilton. Offering 4 spacious bedrooms and 2.5 baths. Major 2022/23 renovations include the kitchen, family room, bathrooms and primary ensuite. Additional upgrades include PEX plumbing, tankless hot water, heat pump, vinyl windows and more. Enjoy the covered deck, new interlocking patio (2024) and beautifully landscaped backyard. Minutes to golf courses, Riverport entertainment, shopping, dining & easy highway access. School Catchment: Hamilton Elem. & McNair Sec. Estate sale. Subject to Probate. Some photos are virtually staged. Private showings with 48 hours notice. Motivated Seller (id:63159)

Values & Trends

This listing

$668/sqft

Building average

No other active listings in this building

Richmond average

$809/sqft

621 active listing(s)

Parking: 2 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

15°C

Clear

Humidity 100%

Wind NW 5 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

7

1/9 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
Hamilton ElementaryElementary1.0 km
Choice School For Gifted Children(Independent)Elementary/Middle1.2 km
Queen Elizabeth ElementaryElementary2.8 km
Queensborough Middle SchoolElementary/Middle3.1 km
Glenwood ElementaryElementary3.6 km
Connaught Heights ElementaryElementary3.7 km
Taylor Park ElementaryElementary4.0 km
Brooke ElementaryElementary4.1 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

StopTypeDistance
Westbound Westminster Hwy @ Hwy 91525 m
Westbound Hwy 91 Onramp @ Westminster Hwy535 m
Eastbound Westminster Hwy @ Hwy 91547 m
Westbound Westminster Hwy @ Hwy 91 Offramp556 m
Westbound Westminster Hwy @ McLean Ave578 m

Nearby Places

Parks (3)

  • McLean Neighbourhood Park · 22500 McLean Avenue452 m
  • Toyota Park · 21860 Westminster Highway561 m
  • Fraserwood Park · 22020 Fraserwood Way761 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,112,000.00
Periodic payment — Principal & Interest (monthly)$7,174.25
Additional monthly expenses (strata, tax, utilities, etc.)$473.44
Total monthly cost$7,647.69
Interest paid over 5-yr term$318,702.40
Balance at end of term$1,000,247.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,811.99

Cash Needed at Closing

Minimum down payment$114,000
Estimated BC PTT$25,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$141,300

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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