Property Type: Detached HouseOwnership: Freehold

7000 NO. 5 ROAD

Richmond, BC V6Y2V2

$3,949,900

5 bed4 bath15 parking5,000 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
3.73 acres
Frontage
170 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,080.83 (2025)

Interior

Heating
Radiant heat
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Central location, Private setting, Gated community

Building

Security
Security system
Parcel ID (PID)
003-771-571

Parking

Total spaces
15 — covered indicated
Features
Garage

Listing Information

MLS®
R3095147
Listed
March 3, 2026
Time on market
On the market for 182 days
Tax assessment year
2025
Data last synced
September 1, 2026

Listing provided by: RE/MAX Real Estate Services · Data source: CREA DDF.

Description

Set on 3.74 acres of AG1-zoned land, this exceptional property offers the perfect blend of country charm, income potential, and thoughtful design. This 5,000 sqft residence features 5 spacious bedrooms and 4 bathrooms, radiant floor heating, and a durable tile roof - a rare and forward-thinking upgrade for its time. The backyard is truly special - home to a thriving blueberry field locally known as Blueberry Lane, known for its seasonal U-pick activities and strong community presence. This is a rare opportunity to own a lifestyle property that offers privacy, productivity, and long-term investment value - all in one. Including three covered garage spaces, a detached double garage, and a standalone accessory building with outstanding potential for conversion into a rental suite/workshop. (id:63159)

Values & Trends

This listing

$790/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 15 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

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

Not enough data yet

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
Cornerstone Christian Academy(Independent)Elementary673 m
BC Muslim School(Independent)Elementary/Middle971 m
Az-Zahraa Islamic Academy(Independent)Elementary1.3 km
Richmond Jewish Day School(Independent)Elementary1.6 km
A.R. MacNeill SecondarySecondary1.9 km
Kingswood ElementaryElementary1.9 km
Henry Anderson ElementaryElementary2.1 km
Kathleen McNeely ElementaryElementary2.3 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
Southbound No. 5 Rd @ Granville Ave25 m
Northbound No. 5 Rd @ Granville Ave92 m
Northbound No. 5 Rd @ 6400 Block300 m
Northbound No. 5 Rd @ 7300 Block303 m
Southbound No. 5 Rd @ 6400 Block411 m

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($789,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,159,920.00
Periodic payment — Principal & Interest (monthly)$20,386.73
Additional monthly expenses (strata, tax, utilities, etc.)$340.07
Total monthly cost$20,726.80
Interest paid over 5-yr term$905,642.16
Balance at end of term$2,842,358.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$789,980
Stress test qualifying rate8.09%
Payment you must qualify for$24,298.68

Cash Needed at Closing

Minimum down payment$789,980
Estimated BC PTT$115,495
Legal / closing costs (typical estimate)$1,500
Total cash needed$906,975

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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