Property Type: Detached HouseOwnership: Freehold

8371 SPIRES ROAD

Richmond, BC V6Y1W1

$1,839,800

4 bed2 bath3 parking2,636 sqftBuilt 1967
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Property Details

Property & Lot

Sub-type
House
Lot size
7,918 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,199.36 (2025)

Interior

Basement
Partially finished, Full, Unknown
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
3 — covered indicated
Features
Carport

Listing Information

MLS®
R3123104
Listed
May 13, 2026
Time on market
On the market for 110 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Heller Murch Realty · Data source: CREA DDF.

Description

Located in the heart of rapidly evolving Richmond, this 7,918 sq.ft. property offers exceptional potential for investors, builders, renovators, or buyers with long term vision. Held by the same owner since 1967, the home features approximately 2,636 sq.ft. of living space with vaulted ceilings and a flexible layout ready for your ideas. Surrounded by significant redevelopment and new construction, this property is situated in an area with exciting long term growth potential. Close to parks, schools, transit, and shopping, the location offers both everyday convenience and future upside. Whether you choose to renovate, hold, build, or explore future development possibilities, this is a rare chance to secure a large property in one of Richmond´s evolving urban neighbourhoods. (id:63159)

Values & Trends

This listing

$698/sqft

Building average

No other active listings in this building

Richmond average

$808/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

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

37

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
William Cook ElementaryElementary427 m
Henry Anderson ElementaryElementary645 m
A.R. MacNeill SecondarySecondary899 m
Station StretchElementary1.2 km
General Currie ElementaryElementary1.3 km
Richmond SecondaryElementary1.4 km
City Vancouver Academy(Independent)Secondary1.5 km
R C Palmer SecondaryElementary1.7 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
Westbound Westminster Hwy @ Garden City Rd123 m
Southbound Garden City Rd @ Westminster Hwy137 m
Northbound Garden City Rd @ Ferndale Rd158 m
Southbound Garden City Rd @ Ferndale Rd165 m
Northbound Garden City Rd @ Westminster Hwy215 m

Nearby Places

Restaurants (5+)

  • Pizza Hut · 8340 Westminster Highway385 m
  • Kingspark Steak House · 8291 Westminster Highway440 m
  • Chuan BBQ Restaurant · 8291 Westminster Highway447 m
  • Dao Field Noodle House · 8291 Westminster Highway451 m
  • YM Food LTD HK Style BBQ · 8260 Westminster Highway472 m

Cafes (5+)

  • Minute Cafe · 8271 Westminster Highway465 m
  • Mango Yummy · 8271 Westminster Highway466 m
  • Matcha Cafe Maiko · 8279 Saba Road471 m
  • Peanut's Bubble Tea · 8260 Westminster Highway480 m
  • Mr. Mango · 8260 Westminster Highway486 m

Grocery (5+)

  • Lee Men Grocery · 8260 Westminster Highway477 m
  • Grand Value Asian Supermarket · 8251 Westminster Highway506 m
  • Freshnote Market · 8211 Westminster Highway517 m
  • PriceSmart Foods · 8200 Ackroyd Road543 m
  • Happy Veggie World · 8291 Ackroyd Road575 m

Parks (5+)

  • Katsura Neighbourhood Park429 m
  • Cook Neighbourhood School Park471 m
  • Lang (Saba/Buswell) Park · 8211 Saba Road497 m
  • Unnamed600 m
  • Garden City Community Park644 m

Pharmacies (5+)

  • MJ's Pharmacy512 m
  • Ackroyd Pharmacy · 8100 Ackroyd Road620 m
  • ChemMart Pharmacy · 8171 Ackroyd Road635 m
  • Chemmart Pharmacy · 6633 Buswell Street698 m
  • McCue Pharmacy · 8120 Cook Road701 m

Banks & ATMs (5+)

  • RBC667 m
  • BOC · 115-8060 Westminster Highway670 m
  • BMO · 6088 Number 3 Road690 m
  • Vancity696 m
  • RBC · 6168 Number 3 Road706 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($367,960) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,471,840.00
Periodic payment — Principal & Interest (monthly)$9,495.81
Additional monthly expenses (strata, tax, utilities, etc.)$648.61
Total monthly cost$10,144.43
Interest paid over 5-yr term$421,833.57
Balance at end of term$1,323,924.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$367,960
Stress test qualifying rate8.09%
Payment you must qualify for$11,317.93

Cash Needed at Closing

Minimum down payment$367,960
Estimated BC PTT$34,796
Legal / closing costs (typical estimate)$1,500
Total cash needed$404,256

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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