Property Type: Condo / ApartmentOwnership: Strata

601 7371 WESTMINSTER HIGHWAY

Richmond, BC V6X0B4

$738,000

3 bed2 bath2 parking1,084 sqftBuilt 2008
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$713/mo
Annual property tax
$2,705.08 (2025)

Interior

Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

Pool
Indoor pool

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3151658
Listed
July 31, 2026
Time on market
On the market for 31 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Nestled amidst a lush and private garden setting, this 6th floor home-oasis offers the best of what Richmond has to offer and the ultimate wellness lifestyle. Floor to ceiling windows bring in abundant light, and ample space creates a relaxed lifestyle. The floor plan is efficient with 3 bedrooms and 2 baths, an open spacious kitchen and covered balcony. Built ahead of its time, the Lotus buildings utilize geothermal heating and cooling and are located in Richmond´s most sought after location. Walk to Minoru Park and Recreation Center, Richmond Center, Groceries, Canada Line and Bus Stations, while also enjoying a quiet residential neighbourhood. (id:63159)

Values & Trends

This listing

$681/sqft

Building average

$777/sqft

1 active listing(s)

Richmond average

$802/sqft

869 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.

Apartment Market Stats — Richmond

Monthly figures from the Fraser Valley Real Estate Board for Richmond apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$639,700

Jul 2026

Average Sale Price

$604,327

Jul 2026

Monthly Sales

92

Jul 2026

Active Listings

956

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

38 days

Jul 2026

MLS® HPI Benchmark Price

$762,600
$625,400
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Mainly Clear

15°C

Mainly Clear

Humidity 100%

Wind ESE 13 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

67

8/9 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
Samuel Brighouse ElementaryElementary630 m
Station StretchElementary640 m
Richmond SecondaryElementary1.1 km
William Cook ElementaryElementary1.3 km
General Currie ElementaryElementary1.6 km
Maple Hill School(Independent)Secondary1.6 km
Archibald Blair ElementaryElementary1.7 km
Henry Anderson 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 @ Alderbridge Way76 m
Westbound Westminster Hwy @ Alderbridge Way86 m
Westbound Elmbridge Way @ Alderbridge Way148 m
Eastbound Westminster Hwy @ Gilbert Rd228 m
Westbound Westminster Hwy @ Minoru Blvd230 m

Nearby Places

Restaurants (5+)

  • Free Bird Table & Bar · 5991 Alderbridge Way69 m
  • South Silk Road Restaurant · 7260 Westminster Highway88 m
  • Harold's · 7551 Westminster Highway191 m
  • 75 West Coast Grill · 7571 Westminster Highway272 m
  • CAVU Kitchen Bar · 5911 Minoru Boulevard296 m

Cafes (5+)

  • Lattea · 5555 Gilbert Road328 m
  • Penguin Bros. · 7488 Lansdowne Road379 m
  • Big Rock Café421 m
  • CoCo Fresh Tea & Juice518 m
  • Blenz Coffee532 m

Grocery (1)

  • Freshnote Market · 8211 Westminster Highway785 m

Parks (5+)

  • Unnamed464 m
  • Minoru Park499 m
  • Brighouse Neighbourhood School Park606 m
  • Unnamed690 m
  • Unnamed717 m

Shopping (3)

  • London Plaza480 m
  • CF Richmond Centre · 6551 Number 3 Road581 m
  • Muji · 6551 Number 3 Road691 m

Gyms (5+)

  • Overdrive Athletic Club189 m
  • Rumble Boxing Studio236 m
  • Raincity Boxing & Fitness250 m
  • F45 Training318 m
  • Fitness World · 7468 Lansdowne Road386 m

Pharmacies (5+)

  • Minoru Pharmacy · 7380 Westminster Highway199 m
  • Shoppers Drug Mart305 m
  • Medicine Centre322 m
  • London Drugs · 5971 Number 3 Road505 m
  • Shoppers Drug Mart581 m

Banks & ATMs (5+)

  • TD · 140-7488 Lansdowne Road352 m
  • BMO · 165-6971 Elmbridge Way399 m
  • Gulf & Fraser449 m
  • CTBC Bank · 5911 Number 3 Road533 m
  • TD · 5991 Number 3 Road534 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Other Listings in This Building

Other units currently listed in the same building. 601 7371 WESTMINSTER HIGHWAY

View building profile →
Built 2008

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($48,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$590,400.00
Periodic payment — Principal & Interest (monthly)$3,809.06
Additional monthly expenses (strata, tax, utilities, etc.)$992.06
Total monthly cost$4,801.12
Interest paid over 5-yr term$169,210.34
Balance at end of term$531,066.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,800
Stress test qualifying rate8.09%
Payment you must qualify for$5,299.71

Cash Needed at Closing

Minimum down payment$48,800
Estimated BC PTT$12,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$63,060

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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