7700 SCHAEFER AVENUE
Richmond, BC V6Y2W8
$1,899,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 9,442 square feet
- Frontage
- 0 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,233.8 (2025)
Interior
- Heating
- Baseboard heaters, Hot Water
- Fireplace
- Yes (2)
Parking
- Total spaces
- 5 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3155822
- Listed
- August 14, 2026
- Time on market
- On the market for 17 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.
Description
Prime opportunity with this centrally located property in Broadmoor; on the edge of Sunnymede. Zoned RSM/L, a multitude of options exist including redevelopment of a 4-dwelling unit or neighboring property consolidation and subdivision! Desirable neighborhood close to shopping, restaurants, grocery stores, and everyday amenities, with major commercial areas along No. 3 Rd, Garden City Rd and Steveston Hwy nearby. Close proximity to schools, including W D Ferris Elementary and R.C. Palmer Secondary. Recreation is equally convenient, with Minoru Centre for Active Living and South Arm Community Centre. Convenient transit access provides connections to the Canada Line and Vancouver. Measurements are approximate; buyers should seek independent verification, if important. Photos virtually staged (id:63159)
Values & Trends
This listing
$501/sqft
Building average
—
No other active listings in this building
Richmond average
$809/sqft
621 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.
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
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
26
3/9 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 |
|---|---|---|
| W D Ferris Elementary | Elementary | 590 m |
| John T Errington Elementary | Elementary | 644 m |
| Errington Learning Centre | Elementary | 644 m |
| St Paul School(Independent) | Elementary | 780 m |
| Blundell Elementary | Elementary | 966 m |
| R C Palmer Secondary | Elementary | 1.1 km |
| Steveston-London Secondary | Elementary | 1.1 km |
| Maple Lane Elementary | Elementary | 1.2 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 No. 3 Rd @ Francis Rd | — | 318 m |
| Southbound No. 3 Rd @ Francis Rd | — | 318 m |
| Southbound No. 3 Rd @ Penny Lane | — | 340 m |
| Northbound No. 3 Rd @ Bowcock Rd | — | 359 m |
| Northbound No. 3 Rd @ Broadmoor Blvd | — | 423 m |
Nearby Places
Restaurants (1)
- Pizza Hut · 8980 Number 3 Road353 m
Parks (4)
- Marrington Neighbourhood Park179 m
- Ferris Neighbourhood School Park · 7520 Sunnymede Crescent604 m
- Errington Neighbourhood Park686 m
- Rideau Neighbourhood Park785 m
Pharmacies (1)
- HealthPlus Pharmacy · 8980 Number 3 Road355 m
Nearby places data: © OpenStreetMap contributors.
School district: Richmond (SD38)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($379,800) — 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.