Property Type: Detached HouseOwnership: Freehold

7420 MONTANA ROAD

Richmond, BC V7C2K8

$2,198,000

6 bed3 bath10 parking4,509 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
9,095 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,421.87 (2025)

Interior

Heating
Radiant heat
Fireplace
Yes (2)
Appliances
All

Building

Parcel ID (PID)
003-469-221

Parking

Total spaces
10 — covered indicated
Features
Garage

Listing Information

MLS®
R3138278
Listed
June 22, 2026
Time on market
On the market for 70 days
Tax assessment year
2025
Data last synced
August 30, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

BC Assessment is $2,424,000.6-bedroom, 3-bathroom executive home on a superb 9,095 square ft lot in a desirable neighborhood! Offering over 4,500 square ft of comfortable living, this elegant residence features a sunken living room, a cozy family room, a spacious kitchen with maple cabinets, granite countertops, center island, and breakfast nook overlooking the lush, manicured yard.The main floor includes 2 bedrooms and a full bathroom.Enjoy a huge 350 square ft games room with wet bar, two staircases, an oversized 3-car heated garage with radiant heat. Extensive renovations in 2013 include new roof, lighting, paint, newer laminate flooring. Large patio for BBQ, storage shed, private backyard. Close to Grauer Elementary, Burnett Secondary, Community Centre. Open House 2:00 to 4:00 pm Sat August 29th. (id:63159)

Values & Trends

This listing

$487/sqft

Building average

No other active listings in this building

Richmond average

$809/sqft

621 active listing(s)

Parking: 10 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

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

15

2/9 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
Donald E McKay ElementaryElementary478 m
R M Grauer ElementaryElementary510 m
J.N. Burnett SecondarySecondary605 m
Archibald Blair ElementaryElementary806 m
des NavigateursElementary1.0 km
Quilchena ElementaryElementary1.1 km
James Thompson ElementaryElementary1.2 km
James Gilmore ElementaryElementary1.4 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 Railway Ave @ Linfield Gate133 m
Northbound Railway Ave @ Lancing Rd215 m
Northbound Railway Ave @ Linfield Gate218 m
Southbound Railway Ave @ Lancing Rd261 m
Northbound Railway Ave @ Blundell Rd353 m

Nearby Places

Restaurants (1)

  • Sushi Lovers340 m

Parks (5+)

  • Morris Neighbourhood Park372 m
  • Railway Granville Bike Park400 m
  • McKay Park476 m
  • Grauer Neighbourhood School Park · 4440 Blundell Road568 m
  • Thompson/Burnett Community Park · 5151 Granville Avenue638 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($439,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,758,400.00
Periodic payment — Principal & Interest (monthly)$11,344.60
Additional monthly expenses (strata, tax, utilities, etc.)$926.82
Total monthly cost$12,271.42
Interest paid over 5-yr term$503,962.49
Balance at end of term$1,581,686.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$439,600
Stress test qualifying rate8.09%
Payment you must qualify for$13,521.48

Cash Needed at Closing

Minimum down payment$439,600
Estimated BC PTT$43,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,040

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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