Property Type: Condo / ApartmentOwnership: Strata

602 5399 CEDARBRIDGE WAY

Richmond, BC V6X0L6

$649,000

2 bed2 bath1 parking815 sqftBuilt 2015
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$559/mo
Annual property tax
$2,293.09 (2025)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

Pool
Indoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
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®
R3116410
Listed
April 28, 2026
Time on market
On the market for 126 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: One Percent Realty Ltd. · Data source: CREA DDF.

Description

Welcome to Riva 1 by Onni - This beautifully designed 2bed 2bath condo with a spacious balcony offers the perfect blend of indoor and outdoor living. With an open-concept layout, sleek contemporary finishes, and large windows that flood the space with natural light. Enjoy a functional kitchen with SS appliances, elegant bathrooms, and generous sized bedrooms for comfortable everyday living. Located in the heart of Richmond, you're just steps from the Olympic Oval, waterfront trails, shopping, dining, banks and Canada Line transit. Residents also enjoy premium amenities including a fitness centre, lounge, and landscaped courtyard. Don't miss this chance to own one of Richmond's most vibrant communities. Schedule your private tour today. (id:63159)

Values & Trends

This listing

$796/sqft

Building average

No other active listings in this building

Richmond average

$802/sqft

869 active listing(s)

Parking: 1 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

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

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
Station StretchElementary252 m
Samuel Brighouse ElementaryElementary1.1 km
Maple Hill School(Independent)Secondary1.1 km
City Vancouver Academy(Independent)Secondary1.5 km
William Cook ElementaryElementary1.6 km
Richmond SecondaryElementary1.6 km
Archibald Blair ElementaryElementary2.0 km
General Currie ElementaryElementary2.0 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 Lansdowne Rd @ Cedarbridge Way207 m
Westbound Lansdowne Rd @ Cedarbridge Way237 m
Northbound Gilbert Rd @ Elmbridge Way376 m
Westbound Elmbridge Way @ Alderbridge Way396 m
Westbound Elmbridge Way @ Gilbert Rd414 m

Nearby Places

Restaurants (5+)

  • Co'm Vietnamese · 7688 Alderbridge Way167 m
  • SYU Japanese Cuisine & Sushi Bar · 6628 River Road278 m
  • Sing Cafe Fusion Style · 7488 Lansdowne Road299 m
  • Wasuta Pasta · 7080 River Road304 m
  • Just Poké · 6699 River Road310 m

Cafes (5+)

  • Big Rock Café245 m
  • Penguin Bros. · 7488 Lansdowne Road315 m
  • Lattea · 5555 Gilbert Road333 m
  • CoCo Fresh Tea & Juice · 6699 River Road345 m
  • 101 BoBA · 7991 Alderbridge Way508 m

Grocery (5+)

  • Izumiya Japanese Marketplace · 7971 Alderbridge Way457 m
  • Real Canadian Superstore · 4651 Number 3 Road587 m
  • Big Crazy Supermarket · 4551 Number 3 Road622 m
  • Kuo Hua Trading Co · 4551 Number 3 Road735 m
  • New Empire Supermarket · 4600 Number 3 Road786 m

Parks (5+)

  • Unnamed399 m
  • Unnamed414 m
  • Unnamed495 m
  • Middle Arm Waterfront Greenway · 7411 River Road566 m
  • Oval Riverside Plaza650 m

Shopping (5+)

  • Superstore Plaza · 4651 Number 3 Road562 m
  • Winners675 m
  • London Plaza695 m
  • Winners706 m
  • Lansdowne Centre799 m

Gyms (5+)

  • Burning Hormone Peachfit · 6888 River Road171 m
  • Hyperoo Boxing Gym233 m
  • F45 Training250 m
  • Raincity Boxing & Fitness322 m
  • Fitness World · 7468 Lansdowne Road326 m

Pharmacies (5+)

  • Shoppers Drug Mart378 m
  • Oval Integrative Pharmacy504 m
  • Minoru Pharmacy · 7380 Westminster Highway637 m
  • London Drugs · 5971 Number 3 Road711 m
  • Medicine Centre772 m

Banks & ATMs (5+)

  • Scotiabank · 6688 River Road198 m
  • TD · 140-7488 Lansdowne Road292 m
  • BMO · 165-6971 Elmbridge Way429 m
  • National Bank521 m
  • Scotiabank598 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($39,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,200.00
Periodic payment — Principal & Interest (monthly)$3,349.70
Additional monthly expenses (strata, tax, utilities, etc.)$791.52
Total monthly cost$4,141.22
Interest paid over 5-yr term$148,804.21
Balance at end of term$467,022.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,683.77

Cash Needed at Closing

Minimum down payment$39,900
Estimated BC PTT$10,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,380

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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