Property Type: Detached HouseOwnership: Freehold

7560 WATERTON DRIVE

Richmond, BC V7A4G4

$1,490,000

3 bed2 bath4 parking1,707 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Lot size
7,098 square feet
Frontage
60 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,718.06 (2025)

Interior

Basement
Crawl space, Unknown, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (1)
Appliances
All

Exterior & Lot

Lot features
Central location

Building

Parcel ID (PID)
002-265-125

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3135563
Listed
June 12, 2026
Time on market
On the market for 80 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

Open House Sunday, Aug 30, 2:00-4:00 PM. Discover an exceptional residential property on a large 60'x118' (7,098 sf) lot, in Maple Lane/Shangri-La. This residence offers a sophisticated living experience, meticulously designed for comfort and elegant functionality. The kitchen, a central hub for culinary endeavours and social gatherings, features a large centre island with an integrated sink, seamlessly flowing into the living room in an open-plan design. A built-in Gaggenau cooktop further enhances its contemporary appeal and efficiency. Step outside to a private fenced yard, offering an exclusive retreat for relaxation and recreation. The attached double garage provides convenient secured parking and storage. Located in the prestigious Maple Lane Elementary and Steveston-London Secondary school catchments. (id:63159)

Values & Trends

This listing

$873/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 4 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

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

26

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
Ark Elementary Montessori Reggio School(Independent)Elementary475 m
Maple Lane ElementaryElementary500 m
William Bridge ElementaryElementary712 m
Steveston-London SecondaryElementary1.0 km
Errington Learning CentreElementary1.1 km
John T Errington ElementaryElementary1.1 km
Hugh McRoberts SecondarySecondary1.2 km
James Whiteside ElementaryElementary1.6 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 No. 3 Rd @ Steveston Hwy347 m
Southbound No. 3 Rd @ Rosewell Ave357 m
Eastbound Steveston Hwy @ No. 3 Rd386 m
Northbound No. 3 Rd @ Rosewell Ave400 m
Southbound No. 3 Rd @ Goldstream Dr456 m

Nearby Places

Restaurants (5+)

  • Hong Kong Flavor Restaurant · 10151 Number 3 Road636 m
  • Tino's Pizza · 10151 Number 3 Road640 m
  • Gami Sushi · 10111 Number 3 Road704 m
  • Pho Khang · 10111 Number 3 Road738 m
  • Steve's Poke Bar · 10111 Number 3 Road753 m

Cafes (2)

  • CoCo Fresh Tea & Juice · 10151 Number 3 Road606 m
  • DollarBoba · 10111 Number 3 Road732 m

Grocery (1)

  • FreshCo · 10151 Number 3 Road665 m

Parks (3)

  • Maple Lane Neighbourhood School Park · 7671 Alouette Drive512 m
  • Unnamed · Gilbert Road596 m
  • Bridge Neighbourhood School Park · 10400 Leonard Road707 m

Gyms (2)

  • Oxygen Yoga & Fitness · 10151 Number 3 Road602 m
  • Anytime Fitness · 10111 Number 3 Road698 m

Pharmacies (3)

  • Pharmasave · 10151 Number 3 Road613 m
  • FreshCo Pharmacy · 10151 Number 3 Road679 m
  • Shoppers Drug Mart · 7820 Williams Road780 m

Banks & ATMs (2)

  • TD · 10151 Number 3 Road609 m
  • RBC · 10111 Number 3 Road708 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,192,000.00
Periodic payment — Principal & Interest (monthly)$7,690.38
Additional monthly expenses (strata, tax, utilities, etc.)$561.51
Total monthly cost$8,251.88
Interest paid over 5-yr term$341,630.63
Balance at end of term$1,072,207.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,504.06

Cash Needed at Closing

Minimum down payment$124,000
Estimated BC PTT$27,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$153,300

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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