709 7488 LANSDOWNE ROAD
Richmond, BC V7C0B9
$549,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $443/mo
- Annual property tax
- $1,957.75 (2025)
Interior
- Heating
- Heat Pump
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Exterior & Lot
- View
- View
Parking
- Total spaces
- 1
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®
- R3150336
- Listed
- July 27, 2026
- Time on market
- On the market for 35 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Sussex · Data source: CREA DDF.
Description
Well layout one bedroom and den unit in the Cadence Complex by Cressey Developments. The signature kitchen comes with upscale stainless steel appliances, integrated double refrigerator and gas cook top for your cooking pleasure. Air conditioning, spacious rooms and good sized balcony add to your living comfort. Well maintained buildings with concierge, comes with one parking and one large exterior storage locker. Residents can also enjoy the use of the multi purpose sports court, steam sauna, function room, garden courtyard plus the arranged access to the Fitness World gym in the building. Great location , open view to the city, with close proximity to restaurants, shopping area, bank and transits. Must see. (id:63159)
Values & Trends
This listing
$907/sqft
Building average
$865/sqft
2 active listing(s)
Richmond average
$801/sqft
869 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
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
74
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
| School | Type | Distance |
|---|---|---|
| Station Stretch | Elementary | 504 m |
| Samuel Brighouse Elementary | Elementary | 823 m |
| Maple Hill School(Independent) | Secondary | 1.4 km |
| Richmond Secondary | Elementary | 1.4 km |
| William Cook Elementary | Elementary | 1.6 km |
| Archibald Blair Elementary | Elementary | 1.7 km |
| City Vancouver Academy(Independent) | Secondary | 1.8 km |
| General Currie Elementary | Elementary | 1.9 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
| Stop | Type | Distance |
|---|---|---|
| Northbound Gilbert Rd @ Elmbridge Way | — | 112 m |
| Westbound Elmbridge Way @ Gilbert Rd | — | 128 m |
| Southbound Gilbert Rd @ Elmbridge Way | — | 163 m |
| Westbound Elmbridge Way @ Alderbridge Way | — | 238 m |
| Eastbound Lansdowne Rd @ Cedarbridge Way | — | 240 m |
Nearby Places
Restaurants (5+)
- Sing Cafe Fusion Style · 7488 Lansdowne Road15 m
- Dinesty Dumpling House · 5555 Gilbert Road70 m
- JJang Korean BBQ and Social House · 5668 Hollybridge Way78 m
- Freshii · 5668 Hollybridge Way88 m
- Sushi Mura · 5508 Hollybridge Way117 m
Cafes (5+)
- Penguin Bros. · 7488 Lansdowne Road37 m
- Lattea · 5555 Gilbert Road52 m
- Big Rock Café60 m
- CoCo Fresh Tea & Juice · 6699 River Road212 m
- Time Out Cafe418 m
Grocery (1)
- Izumiya Japanese Marketplace · 7971 Alderbridge Way737 m
Parks (5+)
- Unnamed166 m
- Unnamed353 m
- Unnamed354 m
- Oval Riverside Plaza495 m
- Middle Arm Waterfront Greenway · 7411 River Road653 m
Shopping (1)
- London Plaza714 m
Gyms (5+)
- Fitness World · 7468 Lansdowne Road51 m
- Rumble Boxing Studio181 m
- Atomic Jiujitsu182 m
- Burning Hormone Peachfit · 6888 River Road223 m
- Overdrive Athletic Club246 m
Pharmacies (5+)
- Shoppers Drug Mart98 m
- Oval Integrative Pharmacy320 m
- Medicine Centre509 m
- Minoru Pharmacy · 7380 Westminster Highway531 m
- London Drugs · 5971 Number 3 Road736 m
Banks & ATMs (5+)
- TD · 140-7488 Lansdowne Road14 m
- BMO · 165-6971 Elmbridge Way152 m
- Scotiabank · 6688 River Road204 m
- National Bank · 5811 Number 3 Road686 m
- Gulf & Fraser698 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.