322 7531 Minoru Blvd, Richmond BC - Apartment/Condo for Sale - MLS# R3135302

$348,000
Est. Mortgage $1,540/mo
Cypress Point
1 Beds
1 Baths
671 sqft
519 $ /sqft
394.64 $ Maint. fee
1983 built
12.6% price reduction
$348,000
$398,000
Est. $1,540/mo with 20% down
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

Photos

Property Details for 322 7531 Minoru Boulevard

12.6% price reduction

TOP FLOOR • CYPRESS POINT • BEST VALUE IN RICHMOND CITY CENTRE! Enjoy a lifestyle few homes can match with a peaceful, tranquil setting just steps from Richmond Centre and Minoru Park, one of the region’s premier urban parks featuring walking paths, gardens, ponds, playing fields, outstanding community amenities, and year-round recreation. Spacious 671 sq. ft. 1-bedroom featuring an updated kitchen and bathroom, covered balcony, secured parking, and a rare large openable kitchen skylight that fills the home with natural light and fresh air. Leave the car at home and enjoy the Canada Line, cafés, restaurants, shopping, and everyday conveniences at your doorstep. Buy with confidence knowing the major roof replacement was completed in Oct. 2025. Hurry—this exceptional opportunity won’t last!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Tile, Wall/Wall/Mixed, Carpet
Foundation Concrete Perimeter, Slab

Exterior Features

Exterior Features Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $348,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 671
Year Built 1983
Age Of Building 43
Building Type Apartment/Condo
Property Type Residential
Architecture Style Top Floor Unit
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Building Name Cypress Point
Ownership Type Freehold Strata
Maintenance Fee $394.64
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Garage Single, Side Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions

Lot & Land

MLS® # R3135302
Area Richmond
Neighbourhood Brighouse South
City Richmond
Postal Code V6Y 1Z3
Gross Taxes $1,484.34
Zoning RAM 1

Property Timeline

Status Date Price
R3135302 / Active 06-11-2026 $348,000
Rooms
Floor Type Dimensions
Main Level Foyer 7'6 x 7'6 ft
Main Level Living Room 13'5 x 13'5 ft
Main Level Dining Room 12'6 x 12'6 ft
Main Level Kitchen 8'3 x 8'3 ft
Main Level Primary Bedroom 12'6 x 12'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Saba Realty 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.

Map & Neighbourhood

Public Schools

Elementary
W D Ferris Elementary School
Above Average
0.48 km
8/10

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

Private Schools

Elementary
St.Paul School
Above Average
0.87 km
8.4/10
Secondary
Maple Hill School
Average
1.19 km
5.6/10

Closest Transit

Bus Stop
Westbound Blundell Rd @ Minoru Blvd
0.25 km
Skytrain
Skytrain @ Brighouse Stn
1.14 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
34.9%
No Certificate/Degree
Average
13.9%
Owner Occupied
Below Average
53.8%
Employment Rate
Average
63.2%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

49 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $356,004
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.14 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BRIGHOUSE SOUTH compares
This property
28 DOM
Very fast
Brighouse South avg
54 DOM
Average
Richmond avg
54 DOM
Slower market

322 7531 Minoru Boulevard has a sell-speed score of 49/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.3% below comparable active properties in Brighouse South, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.4% and an area average of 54 days on market — buyers have more leverage. With only 775 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6Y 1Z3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Y 1Z3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~3.3 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Richmond currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Typical for region

Annual precipitation ~1117 mm (1981–2010 baseline), projected ~1159 mm by the 2050s. Extreme 1-day rainfall: ~39.9 mm baseline, ~44.4 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 322 7531 Minoru Boulevard

Pre-computed routes from 322 7531 Minoru Blvd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    42 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    60 min
  • SFU Burnaby via Brighouse → Production Way
    67 min
  • Richmond Centre
    17 min
  • YVR Airport via Brighouse → YVR-Airport
    30 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    17 min
  • Metrotown, Burnaby via Lougheed Hwy
    15 min
  • SFU Burnaby via Gaglardi Way
    23 min
  • Richmond Centre via No. 3 Rd
    1 min
  • YVR Airport via Bridgeport / Sea Island
    6 min

Calculate your commute

322 7531 Minoru Blvd, Richmond, BC is ideally located for commuters. The property is 1.1 km from Brighouse, with a 42 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Blundell Rd @ Minoru Blvd (0.25 km). Walk Score Transit rating: Good Transit (56/100).

Walkability & Transit Near 322 7531 Minoru Boulevard

Walk Score Badge
Car-Dependent 77

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 322 7531 Minoru Boulevard

/month
Principal & Interest
Property Taxes $124
Maintenance fee 394.64
A 20% down payment of $69,600 on this $348,000 listing yields an estimated mortgage of $1,329/month (30-year fixed, 4%). Total estimated housing cost: $1,848/month, $124 property tax, $395 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,720/month in estimated rental income against $1,888/month in mortgage payments, the monthly cashflow is -$168/month. A 31% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Brighouse South, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $348,000
Richmond Loading...
Brighouse South Loading...

Based on 27 comparable active apartments/condos in Brighouse South, the average asking price is $393,927. This listing is priced 11.7% below the neighbourhood average. This property is flagged as a Hot Deal (12.6% price reduction) 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

Listing Agent & Brokerage

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

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Walkability & Transit Near 322 7531 Minoru Boulevard

Walk Score Badge
Car-Dependent 77

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
72

Bike Score - Very Bikeable

Biking is convenient for most trips

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