Property Type: Condo / ApartmentOwnership: Strata

706 6688 PEARSON WAY

Richmond, BC V7C0E5

$1,198,000

2 bed2 bath1 parking1,020 sqftBuilt 2021
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Amenities

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
$849/mo
Annual property tax
$3,496.83 (2024)

Interior

Heating
Heat Pump
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®
R3096789
Listed
March 6, 2026
Time on market
On the market for 179 days
Tax assessment year
2024
Data last synced
August 28, 2026

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

Description

A major opportunity has arisen in River Green, the most benchmark project in Richmond's condominium market.This luxury condominium built in 2021 faces the Fraser River and internal gardens with great views. Northeast facing with large floor to ceiling windows, the interior is very light, bright and scenic. The highest floor height in the house is over 9 feet and the feeling of space is very good. The master bedroom faces the river view and is unobstructed by buildings and enjoys a variety of views. Amenity is one of Richmond's most prestigious luxury and high quality apartments with 24/7 concierge, one must grab the opportunity to enjoy this luxury apartment. (id:63159)

Values & Trends

This listing

$1,175/sqft

Building average

$1,167/sqft

6 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

Partly Cloudy

14°C

Partly Cloudy

Humidity 100%

Wind ESE 12 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

7/9 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 StretchElementary570 m
Samuel Brighouse ElementaryElementary995 m
Maple Hill School(Independent)Secondary1.3 km
Richmond SecondaryElementary1.7 km
Archibald Blair ElementaryElementary1.8 km
City Vancouver Academy(Independent)Secondary1.8 km
William Cook ElementaryElementary1.8 km
J.N. Burnett SecondarySecondary2.0 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
Westbound River Rd @ Hollybridge Way300 m
Westbound Elmbridge Way @ Gilbert Rd318 m
Northbound Gilbert Rd @ Elmbridge Way349 m
Southbound Gilbert Rd @ Elmbridge Way374 m
Eastbound Lansdowne Rd @ Cedarbridge Way419 m

Nearby Places

Restaurants (5+)

  • Just Poké · 6699 River Road39 m
  • SYU Japanese Cuisine & Sushi Bar · 6628 River Road80 m
  • Pho Capital · 5508 Hollybridge Way138 m
  • Sushi Mura · 5508 Hollybridge Way162 m
  • Fortune Terrace Chinese Cuisine · 130-6200 River Road194 m

Cafes (5+)

  • CoCo Fresh Tea & Juice · 6699 River Road65 m
  • Big Rock Café199 m
  • Penguin Bros. · 7488 Lansdowne Road237 m
  • Lattea · 5555 Gilbert Road287 m
  • Time Out Cafe327 m

Grocery (1)

  • Izumiya Japanese Marketplace · 7971 Alderbridge Way743 m

Parks (5+)

  • Unnamed106 m
  • Unnamed178 m
  • Unnamed214 m
  • Oval Riverside Plaza331 m
  • Middle Arm Waterfront Greenway · 7411 River Road416 m

Gyms (5+)

  • Atomic Jiujitsu120 m
  • Burning Hormone Peachfit · 6888 River Road149 m
  • Fitness World · 7468 Lansdowne Road231 m
  • Grupo Axé Capoeira · 6111 River Road249 m
  • YYOGA269 m

Pharmacies (4)

  • Oval Integrative Pharmacy204 m
  • Shoppers Drug Mart319 m
  • Medicine Centre708 m
  • Minoru Pharmacy · 7380 Westminster Highway778 m

Banks & ATMs (3)

  • Scotiabank · 6688 River Road122 m
  • TD · 140-7488 Lansdowne Road262 m
  • BMO · 165-6971 Elmbridge Way276 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$958,400.00
Periodic payment — Principal & Interest (monthly)$6,183.27
Additional monthly expenses (strata, tax, utilities, etc.)$1,191.05
Total monthly cost$7,374.32
Interest paid over 5-yr term$274,680.19
Balance at end of term$862,083.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,800
Stress test qualifying rate8.09%
Payment you must qualify for$8,483.22

Cash Needed at Closing

Minimum down payment$94,800
Estimated BC PTT$21,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,260

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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