Property Type: Condo / ApartmentOwnership: Strata

603 7008 RIVER PARKWAY

Richmond, BC V6X0R1

$626,000

1 bed1 bath1 parking546 sqftBuilt 2016
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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
$406/mo
Annual property tax
$1,705.51 (2026)

Interior

Heating
Radiant heat, Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View
Pool
Indoor pool

Parking

Total spaces
1 — 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®
R3135570
Listed
June 13, 2026
Time on market
On the market for 80 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Enjoy riverside living at RIVA3 by award-winning Onni Group! Central location, walking distance to skytrain station, T&T Supermarket, Real Canadian Superstore, Lansdown mall, Olympic Oval and much more. This spacious RIVER facing Air-Conditioned 1 bedroom home, with a big balcony, features modern finishings including engineering hardwood flooring, soft-close wood cabinetry, composite stone countertops with extended breakfast bar, premium stainless steel appliances. Stay active close to home with 12,000 square ft of private amenity space featuring a fitness centre, game room, party room, indoor pool with hot tub and sauna and more. 1 parking+1 locker! Excellent school catchment - Richmond Secondary &Bridge Elementary. A Must see beautiful unit. (id:63159)

Values & Trends

This listing

$1,147/sqft

Building average

$832/sqft

4 active listing(s)

Richmond average

$801/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

63

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 StretchElementary288 m
Maple Hill School(Independent)Secondary1.0 km
Samuel Brighouse ElementaryElementary1.2 km
City Vancouver Academy(Independent)Secondary1.5 km
William Cook ElementaryElementary1.7 km
Richmond SecondaryElementary1.7 km
Archibald Blair ElementaryElementary2.1 km
General Currie ElementaryElementary2.1 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
Eastbound Lansdowne Rd @ Cedarbridge Way334 m
Westbound Lansdowne Rd @ Cedarbridge Way355 m
Northbound Gilbert Rd @ Elmbridge Way481 m
Westbound Elmbridge Way @ Gilbert Rd504 m
Southbound No. 3 Rd @ Alderbridge Way511 m

Nearby Places

Restaurants (5+)

  • Wasuta Pasta · 7080 River Road209 m
  • Co'm Vietnamese · 7688 Alderbridge Way293 m
  • SYU Japanese Cuisine & Sushi Bar · 6628 River Road312 m
  • Just Poké · 6699 River Road329 m
  • Dumpling King · 7911 Alderbridge Way363 m

Cafes (5+)

  • Big Rock Café326 m
  • CoCo Fresh Tea & Juice · 6699 River Road369 m
  • Penguin Bros. · 7488 Lansdowne Road400 m
  • Lattea · 5555 Gilbert Road429 m
  • The Bubble Tea Shop · 4651 Number 3 Road463 m

Grocery (5+)

  • Izumiya Japanese Marketplace · 7971 Alderbridge Way421 m
  • Real Canadian Superstore · 4651 Number 3 Road509 m
  • Big Crazy Supermarket · 4551 Number 3 Road540 m
  • Kuo Hua Trading Co · 4551 Number 3 Road657 m
  • New Empire Supermarket · 4600 Number 3 Road720 m

Parks (5+)

  • Unnamed372 m
  • Middle Arm Waterfront Greenway · 7411 River Road465 m
  • Unnamed474 m
  • Unnamed497 m
  • Oval Riverside Plaza646 m

Shopping (3)

  • Superstore Plaza · 4651 Number 3 Road491 m
  • Winners702 m
  • Winners731 m

Gyms (5+)

  • Burning Hormone Peachfit · 6888 River Road188 m
  • Hyperoo Boxing Gym322 m
  • F45 Training377 m
  • Atomic Jiujitsu405 m
  • Fitness World · 7468 Lansdowne Road408 m

Pharmacies (3)

  • Shoppers Drug Mart475 m
  • Oval Integrative Pharmacy525 m
  • Minoru Pharmacy · 7380 Westminster Highway765 m

Banks & ATMs (5+)

  • Scotiabank · 6688 River Road221 m
  • TD · 140-7488 Lansdowne Road388 m
  • National Bank500 m
  • BMO · 165-6971 Elmbridge Way505 m
  • Scotiabank580 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$500,800.00
Periodic payment — Principal & Interest (monthly)$3,230.99
Additional monthly expenses (strata, tax, utilities, etc.)$574.86
Total monthly cost$3,805.85
Interest paid over 5-yr term$143,530.72
Balance at end of term$450,471.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,600
Stress test qualifying rate8.09%
Payment you must qualify for$4,524.59

Cash Needed at Closing

Minimum down payment$37,600
Estimated BC PTT$10,520
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,620

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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