Property Type: Detached HouseOwnership: Freehold

5686 CORNWALL PLACE

Richmond, BC V7C5M7

$2,680,000

5 bed5 bath5 parking3,860 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Lot size
7,668 square feet
Frontage
60 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,398.38 (2025)

Interior

Heating
Baseboard heaters, Radiant heat, Natural gas
Fireplace
Yes (2)

Parking

Total spaces
5 — covered indicated
Features
Garage

Listing Information

MLS®
R3146266
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

KOI HOUSE.Rarely available 7,668 sf lot in the highly sought-after Terra Nova neighbourhood, featuring a 3,860 square ft executive architect-designed home. This beautifully maintained residence showcases an award-winning Japanese Zen garden with a professionally designed koi pond, creating a serene and private outdoor retreat. Design and renovated by local famous interior designer, the home offers a spacious and functional layout ideal for family living. Enjoying the most beautiful garden in the most beautiful neighbourhood. Conveniently located just steps to Spul´u´kwuks Elementary, Terra Nova Village, the scenic river dyke trails, and Adventure Park-an exceptional combination of lifestyle, nature, and everyday convenience. (id:63159)

Values & Trends

This listing

$694/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 5 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

56

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
Spul'u'kwuks ElementaryElementary251 m
James Thompson ElementaryElementary483 m
J.N. Burnett SecondarySecondary1.3 km
Archibald Blair ElementaryElementary1.4 km
Quilchena ElementaryElementary1.5 km
Donald E McKay ElementaryElementary1.9 km
R M Grauer ElementaryElementary2.0 km
James Gilmore ElementaryElementary2.4 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
Eastbound Westminster Hwy @ Forsyth Cres275 m
Southbound No. 1 Rd @ Westminster Hwy289 m
Westbound Westminster Hwy @ Gibbons Dr346 m
Eastbound Westminster Hwy @ Gibbons Dr411 m
Westbound Westminster Hwy @ Riverdale Dr534 m

Nearby Places

Restaurants (5+)

  • Pizza Hut · 3675 Westminster Highway135 m
  • Shanghai Dumpling King · 3675 Westminster Highway138 m
  • Edokko Nigiri Sushi · 3679 Westminster Highway212 m
  • Lucky Hong Kong Restaurant · 3671 Westminster Highway237 m
  • Katsu San · 6011 Number 1 Road249 m

Cafes (2)

  • Presotea · 3671 Westminster Highway210 m
  • L'aromas Coffee Terra Nova · 3677 Westminster Highway215 m

Grocery (1)

  • Save-On-Foods · 3673 Westminster Highway166 m

Parks (5+)

  • Gibbons VLA Park · 4200 Westminster Highway405 m
  • Terra Nova Neighbourhood School Park · 3551 Westminster Highway416 m
  • Thompson Neighbourhood School Park505 m
  • Middle Arm Trail550 m
  • Terra Nova South Park724 m

Pharmacies (1)

  • Pharmachoice · 6011 Number 1 Road271 m

Banks & ATMs (1)

  • RBC · 3679 Westminster Highway189 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($536,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,144,000.00
Periodic payment — Principal & Interest (monthly)$13,832.36
Additional monthly expenses (strata, tax, utilities, etc.)$809.53
Total monthly cost$14,641.89
Interest paid over 5-yr term$614,476.56
Balance at end of term$1,928,534.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$536,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,486.61

Cash Needed at Closing

Minimum down payment$536,000
Estimated BC PTT$58,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$595,900

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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