Property Type: Detached HouseOwnership: Freehold

8831 FOSTER ROAD

Richmond, BC V6Y1Z9

$4,188,000

7 bed6 bath6 parking5,195 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Lot size
9,445 square feet
Frontage
67 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,878.59 (2025)

Interior

Heating
Radiant heat
Fireplace
None

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3105092
Listed
March 30, 2026
Time on market
On the market for 154 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Check out this elegant and spacious DELUXE MANSION in the PRESTIGIOUS and highly coveted Broadmoor neighbourhood! Well-maintained 5,358 sqft, 7 Bed + 6 Bath home on a sprawling 9,445 sqft lot! This luxurious home offers quality finishings inside and out including: A/C, radiant heating, granite flooring + counter tops, a well-laid-out kitchen area with separate wok kitchen, theatre room, wet bar, game room, triple car garage, security system with video cameras & a manicured garden space with lawn sprinklers. Master bedroom features a 6 pc bathroom with Jacuzzi, large dressing room closet & vanity area. Top catchment: Ferris Elementary & Richmond Secondary. (id:63159)

Values & Trends

This listing

$806/sqft

Building average

No other active listings in this building

Richmond average

$808/sqft

621 active listing(s)

Parking: 6 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

30

4/9 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
W D Ferris ElementaryElementary531 m
St Paul School(Independent)Elementary681 m
Errington Learning CentreElementary751 m
John T Errington ElementaryElementary751 m
Blundell ElementaryElementary962 m
R C Palmer SecondaryElementary987 m
General Currie ElementaryElementary1.1 km
Garden City ElementaryElementary1.2 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

StopTypeDistance
Southbound No. 3 Rd @ Penny Lane255 m
Northbound No. 3 Rd @ Bowcock Rd273 m
Northbound No. 3 Rd @ Francis Rd298 m
Southbound No. 3 Rd @ Francis Rd324 m
Southbound No. 3 Rd @ Lucas Rd350 m

Nearby Places

Restaurants (1)

  • Pizza Hut · 8980 Number 3 Road329 m

Grocery (1)

  • Blundell Market · 7791 Number 3 Road748 m

Parks (3)

  • Marrington Neighbourhood Park180 m
  • Ferris Neighbourhood School Park · 7520 Sunnymede Crescent544 m
  • Errington Neighbourhood Park794 m

Pharmacies (1)

  • HealthPlus Pharmacy · 8980 Number 3 Road336 m

Nearby places data: © OpenStreetMap contributors.

School district: Richmond (SD38)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($837,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,350,400.00
Periodic payment — Principal & Interest (monthly)$21,615.64
Additional monthly expenses (strata, tax, utilities, etc.)$999.88
Total monthly cost$22,615.53
Interest paid over 5-yr term$960,234.27
Balance at end of term$3,013,695.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$837,600
Stress test qualifying rate8.09%
Payment you must qualify for$25,763.40

Cash Needed at Closing

Minimum down payment$837,600
Estimated BC PTT$127,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$966,500

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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