Property Type: Detached HouseOwnership: Freehold

7471 LEDWAY ROAD

Richmond, BC V7C3N5

$2,100,000

5 bed4 bath3 parking3,279 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
8,520 square feet
Frontage
71 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,060.96 (2025)

Interior

Heating
Radiant heat, Hot Water
Fireplace
Yes (1)
Appliances
All

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
003-848-426

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3151743
Listed
July 31, 2026
Time on market
On the market for 31 days
Tax assessment year
2025
Data last synced
August 30, 2026

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

Description

***TOP FEATURES: SOARING 18' HIGH CEILINGS | 8,500+ SF LOT | SPACIOUS 3,279 SF HOUSE*** The home features an impressive 18´ ceiling foyer and formal living room, with a grand curved staircase that really makes a statement as you walk in. Well laid out with generous room sizes throughout, including a wok kitchen for added cooking convenience. Triple car garage plus a large paved backyard with plenty of additional parking, all designed for low maintenance living. Located within walking distance to McKay Elementary, parks, and just minutes to Burnett Secondary, shopping, and everyday amenities. A great opportunity for families or buyers looking for space and long-term upside in a desirable neighbourhood. NOTE: Some photos have been virtually staged. OPEN HOUSE: Saturday Aug 29 - 2PM to 4PM (id:63159)

Values & Trends

This listing

$640/sqft

Building average

No other active listings in this building

Richmond average

$809/sqft

621 active listing(s)

Parking: 3 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

30

6/9 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 ElementaryElementary145 m
J.N. Burnett SecondarySecondary721 m
Archibald Blair ElementaryElementary794 m
des NavigateursElementary794 m
R M Grauer ElementaryElementary820 m
Blundell ElementaryElementary1.1 km
Samuel Brighouse ElementaryElementary1.4 km
James Thompson ElementaryElementary1.5 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
Northbound Railway Ave @ Lancing Rd380 m
Southbound Railway Ave @ Lancing Rd414 m
Southbound Railway Ave @ Linfield Gate416 m
Northbound Railway Ave @ Blundell Rd446 m
Northbound Railway Ave @ Linfield Gate451 m

Nearby Places

Restaurants (5+)

  • Sushi Lovers503 m
  • LA Grill and Bistro601 m
  • Sushi Han · 8180 Number 2 Road712 m
  • Bamboo Express · Number 2 Road722 m
  • Uno Beef Noodle741 m

Cafes (3)

  • Starbucks610 m
  • Polar Bear Sweet House · 6060 Blundell Road610 m
  • CoCo Fresh Tea & Juice618 m

Grocery (1)

  • FreshCo · 6140 Blundell Road637 m

Parks (5+)

  • McKay Park193 m
  • Railway Granville Bike Park596 m
  • Thompson/Burnett Community Park · 5151 Granville Avenue603 m
  • Garatt Park779 m
  • Kilgour Neighbourhood School Park791 m

Pharmacies (1)

  • Shoppers Drug Mart756 m

Banks & ATMs (3)

  • Vancity · 6020 Blundell Road562 m
  • TD627 m
  • BMO · 8180 Number 2 Road699 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($420,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,680,000.00
Periodic payment — Principal & Interest (monthly)$10,838.79
Additional monthly expenses (strata, tax, utilities, etc.)$835.75
Total monthly cost$11,674.54
Interest paid over 5-yr term$481,492.83
Balance at end of term$1,511,165.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$420,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,918.61

Cash Needed at Closing

Minimum down payment$420,000
Estimated BC PTT$41,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,500

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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