Property Type: Detached HouseOwnership: Freehold

8411 ELSMORE ROAD

Richmond, BC V7C2A2

$3,380,000

5 bed6 bath7 parking3,402 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
7,030 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,827.28 (2025)

Interior

Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)
Appliances
All, Central Vacuum, Oven - Built-In

Exterior & Lot

View
View
Lot features
Central location, Private setting

Building

Security
Security system, Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
007-530-137

Parking

Total spaces
7 — covered indicated
Features
Garage

Listing Information

MLS®
R3110657
Listed
April 13, 2026
Time on market
On the market for 140 days
Tax assessment year
2025
Data last synced
August 30, 2026

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

Description

Brand-new luxury home in the prestigious Seafair area, situated on a 7,030 SF (66 x 117) lot with 3,402 SF of elegant living space. This European-inspired residence features 5 bedrooms and 6 bathrooms, including a grand foyer, soaring ceilings, and refined finishes throughout. The gourmet and wok kitchens are outfitted with premium Miele appliances, complemented by a private home theatre and functional home office. Additional highlights include a Smart Home system, A/C, HRV, power blinds, crystal chandeliers, and a rare 3-car garage. Walking distance to top schools, parks, and Seafair Shopping Centre. School catchment: Gilmore Elementary & Hugh Boyd Secondary. Open house: Aug 29, Sat, 2-4PM. (id:63159)

Values & Trends

This listing

$994/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 7 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

33

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
James Gilmore ElementaryElementary182 m
Quilchena ElementaryElementary822 m
Alfred B Dixon ElementaryElementary848 m
Hugh Boyd SecondaryElementary889 m
R M Grauer ElementaryElementary1.1 km
Manoah Steves ElementaryElementary1.4 km
St Joseph the Worker(Independent)Elementary1.5 km
John G Diefenbaker ElementaryElementary1.8 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. 1 Rd @ Youngmore Rd576 m
Southbound No. 1 Rd @ Youngmore Rd576 m
Southbound No. 1 Rd @ Pacemore Ave578 m
Northbound No. 1 Rd @ Pacemore Ave612 m
Northbound No. 1 Rd @ Francis Rd649 m

Nearby Places

Restaurants (1)

  • Takeya Sushi · 8671 Number 1 Road532 m

Cafes (2)

  • Starbucks517 m
  • Blenz Coffee · 8751 Number 1 Road623 m

Grocery (1)

  • Safeway · 8671 Number 1 Road518 m

Parks (3)

  • Gilmore Neighbourhood School Park181 m
  • West Dyke Trail550 m
  • Unnamed753 m

Shopping (1)

  • Seafair Shopping Centre556 m

Pharmacies (1)

  • Shoppers Drug Mart · 8671 Number 1 Road548 m

Banks & ATMs (4)

  • CIBC · 8751 Number 1 Road629 m
  • TD · 3960 Francis Road650 m
  • Gulf & Fraser · 8900 Number 1 Road657 m
  • Unnamed659 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($676,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,704,000.00
Periodic payment — Principal & Interest (monthly)$17,445.29
Additional monthly expenses (strata, tax, utilities, etc.)$655.61
Total monthly cost$18,100.90
Interest paid over 5-yr term$774,974.17
Balance at end of term$2,432,256.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$676,000
Stress test qualifying rate8.09%
Payment you must qualify for$20,792.81

Cash Needed at Closing

Minimum down payment$676,000
Estimated BC PTT$87,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$764,500

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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