Property Type: Detached HouseOwnership: Freehold

8520 ELSMORE ROAD

Richmond, BC V7C2A1

$3,280,000

5 bed6 bath2 parking3,323 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Lot size
7,028 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,355.05 (2025)

Interior

Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)
Appliances
All

Exterior & Lot

View
View

Building

Security
Smoke Detectors
Parcel ID (PID)
003-413-195

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3155689
Listed
August 13, 2026
Time on market
On the market for 18 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

Welcome to this Custom-built luxury home with soaring ceilings, bright open-concept layout, and premium finishes throughout.Yuu will be amazed by the beautiful gardens. Fully Equipped with Radiant heat, HRV ,AC for all year comfort. Top-tier appliances include Sub-Zero fridge, Wolf oven, steam oven, gas cooktop in spice kitchen and wine cooler. Elegant interior details include Schonbek crystal chandelier, Legrand switches, and premium Italian Valentino tile flooring. Solid wood entry door and quality Canadian windows/doors. 4 bdrm ensuite upstairs and 1 bedroom ensuite on main for inlaws. Three large terraces overlook green park with beautiful, unobstructed views from living and dining areas. Quiet neighborhood( no plane noise). Walking distance to elementary school. O H 08/30, 2-4 PM (id:63159)

Values & Trends

This listing

$987/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 2 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

52

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 ElementaryElementary159 m
Alfred B Dixon ElementaryElementary722 m
Hugh Boyd SecondaryElementary774 m
Quilchena ElementaryElementary933 m
R M Grauer ElementaryElementary1.1 km
Manoah Steves ElementaryElementary1.2 km
St Joseph the Worker(Independent)Elementary1.4 km
John G Diefenbaker 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
Southbound No. 1 Rd @ Youngmore Rd517 m
Northbound No. 1 Rd @ Youngmore Rd530 m
Northbound No. 1 Rd @ Francis Rd565 m
Southbound No. 1 Rd @ Francis Rd583 m
Southbound No. 1 Rd @ Pacemore Ave594 m

Nearby Places

Restaurants (1)

  • Takeya Sushi · 8671 Number 1 Road453 m

Cafes (2)

  • Starbucks445 m
  • Blenz Coffee · 8751 Number 1 Road538 m

Grocery (1)

  • Safeway · 8671 Number 1 Road445 m

Parks (3)

  • Gilmore Neighbourhood School Park161 m
  • West Dyke Trail566 m
  • Dixon Neighbourhood School Park722 m

Shopping (1)

  • Seafair Shopping Centre475 m

Pharmacies (1)

  • Shoppers Drug Mart · 8671 Number 1 Road462 m

Banks & ATMs (4)

  • CIBC · 8751 Number 1 Road541 m
  • TD · 3960 Francis Road554 m
  • Unnamed564 m
  • Gulf & Fraser · 8900 Number 1 Road580 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($656,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,624,000.00
Periodic payment — Principal & Interest (monthly)$16,929.16
Additional monthly expenses (strata, tax, utilities, etc.)$1,028.92
Total monthly cost$17,958.08
Interest paid over 5-yr term$752,045.94
Balance at end of term$2,360,296.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$656,000
Stress test qualifying rate8.09%
Payment you must qualify for$20,177.64

Cash Needed at Closing

Minimum down payment$656,000
Estimated BC PTT$82,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$739,500

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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