40.68% cheaper than comparables

306 5488 Arcadia Rd, Richmond, BC

$558,000
Est. Mortgage /mo

MLS® R3086137

2 Beds
2 Baths
1118 sqft
499 $ /sqft
462.97 $ Maint. fee
1990 Built
$558,000
Est. /mo with 20% down
$499/sqft · Tax $1,943/2025
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

40.68% cheaper than comparables

Exceptional location in the heart of Richmond with unbeatable convenience. Everything you need is right at your doorstep—steps to Lansdowne Centre, T&T, Walmart, Kwantlen University, restaurants, and daily amenities. Close to public transit with easy access to bus routes and the Canada Line, making commuting a breeze. This well-kept top-floor unit features a bright east-facing exposure with a 17-foot ceiling in the living area and a gas fireplace (strata fee includes gas), offering a house-like feel. Separate kitchen with eating area and access to the balcony. Spacious primary bedroom with ensuite, plus an upper-level bedroom opening to a private rooftop patio, perfect for summer enjoyment. Interior updates in 2021 include kitchen appliances, washer and dryer, flooring, and fresh paint.

General Info

Price $558,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1118
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1990
Age Of Building 36
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Trash, Gas, Management, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3086137
Building Name -
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6X 2G9
Price per Sqft $499
Gross Taxes $1,943.07
Ownership Type Freehold Strata
Maintenance Fee $462.97
Community Features Shopping Nearby
Amenities Nearby Trash, Gas, Management, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Baseboard

Utilities

Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Side Access
Total Parking Spaces 1
Listed by: Royal Pacific Realty (Kingsway) Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Secondary
A.R. MacNeill Secondary School
1.29 km
Elementary
William Cook Elementary School
Average
0.89 km
5.7/10
Elementary
William Cook Elementary School
0.89 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Pythagoras Academy
0.93 km
Secondary
City Vancouver Academy
1.09 km

Closest Transit

Bus Stop
Southbound Garden City Rd @ Lansdowne Rd
0.06 km
Skytrain
Skytrain @ Lansdowne Stn
0.81 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
32.5%
No Certificate/Degree
Average
12.9%
Owner Occupied
Average
66.7%
Employment Rate
Average
63.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $162
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($111,600), the estimated monthly payment for this listing is $2,756/month — $2,131 principal & interest, $162 property tax, $463 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,162/month, this property runs a $649/month shortfall after mortgage and carrying costs. Break-even requires approximately 45% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $558,000
Richmond Loading...
Brighouse Loading...
Based on 8 comparable active Apartment/Condos in Brighouse, the average asking price is $705,489. This listing is priced 20.9% below the neighbourhood average. This property is flagged as a Hot Deal (40.68% cheaper than comparables) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 306 5488 Arcadia Road, Richmond, BC?

Is 306 5488 Arcadia Road, Richmond, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 306 5488 Arcadia Road, Richmond, BC?

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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