Property Type: Detached HouseOwnership: Freehold

5891 LAURELWOOD COURT

Richmond, BC V7C5J1

$2,398,000

5 bed5 bath3,964 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
House
Lot size
7,967 square feet
Frontage
1 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,163.18 (2025)

Interior

Heating
Radiant heat, Electric
Fireplace
None

Parking

Features
Garage

Listing Information

MLS®
R3065912
Listed
November 8, 2025
Time on market
On the market for 297 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Laboutique Realty · Data source: CREA DDF.

Description

A beautifully maintained executive home nestled in one of Richmond's most desirable and quiet neighbourhoods.This elegant residence offers an exceptional layout with spacious living areas, soaring ceilings and abundant natural light throughout.Located near top-rated schools, parks, shopping, and transit, this home blends sophistication, comfort, and convenience-a rare opportunity in a prime Richmond location! (id:63159)

Values & Trends

This listing

$605/sqft

Building average

No other active listings in this building

Richmond average

$809/sqft

621 active listing(s)

Parking: Not indicatedStorage 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

26

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
Donald E McKay ElementaryElementary277 m
Archibald Blair ElementaryElementary663 m
J.N. Burnett SecondarySecondary701 m
Blundell ElementaryElementary997 m
des NavigateursElementary1.0 km
Samuel Brighouse ElementaryElementary1.1 km
R M Grauer ElementaryElementary1.2 km
Richmond SecondaryElementary1.4 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 Granville Ave @ Ledway Rd258 m
Westbound Granville Ave @ Ledway Rd285 m
Westbound Granville Ave @ No. 2 Rd314 m
Eastbound Granville Ave @ No. 2 Rd335 m
Eastbound Granville Ave @ Lynas Lane344 m

Nearby Places

Restaurants (5+)

  • LA Grill and Bistro635 m
  • Uno Beef Noodle762 m
  • Sushi Han · 8180 Number 2 Road770 m
  • Bamboo Express · Number 2 Road774 m
  • Otaru Japanese Kitchen786 m

Cafes (3)

  • Polar Bear Sweet House · 6060 Blundell Road639 m
  • Starbucks650 m
  • CoCo Fresh Tea & Juice662 m

Grocery (1)

  • FreshCo · 6140 Blundell Road652 m

Parks (4)

  • McKay Park277 m
  • Thompson/Burnett Community Park · 5151 Granville Avenue514 m
  • Garatt Park596 m
  • Railway Granville Bike Park672 m

Pharmacies (1)

  • Shoppers Drug Mart788 m

Banks & ATMs (3)

  • Vancity · 6020 Blundell Road588 m
  • TD675 m
  • BMO · 8180 Number 2 Road764 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($479,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,918,400.00
Periodic payment — Principal & Interest (monthly)$12,376.87
Additional monthly expenses (strata, tax, utilities, etc.)$878.27
Total monthly cost$13,255.13
Interest paid over 5-yr term$549,818.95
Balance at end of term$1,725,607.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$479,600
Stress test qualifying rate8.09%
Payment you must qualify for$14,751.82

Cash Needed at Closing

Minimum down payment$479,600
Estimated BC PTT$49,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$531,040

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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