402 8851 Lansdowne Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3089583

$490,000
Est. Mortgage $2,168/mo
1 Beds
1 Baths
738 sqft
664 $ /sqft
235.97 $ Maint. fee
1995 built
8.9% price reduction
$490,000
$538,000
Est. $2,168/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 402 8851 Lansdowne Road

8.9% price reduction

OCATION! LOCATION! LOCATION! This cozy spacious 1 bedroom sits in the central location. Functional layout. It locates at one of the most convenient location that is close Canada Line, Kwantlen University, TNT supermarket, Lansdowne mall, all kind of restaurants & YVR in close proximity.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 0
Heating Type Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $490,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 738
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Trash, Management
Ownership Type Freehold Strata
Maintenance Fee $235.97
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Trash, Management
Utility Type Community, Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public, Community
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3089583
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6X 3X7
Gross Taxes $1,663.94
Zoning APT

Property Timeline

Status Date Price
R3089583 / Active 02-12-2026 $490,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'1 x 17'1 ft
Main Level Kitchen 10'1 x 10'1 ft
Main Level Primary Bedroom 12'1 x 12'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: LeHomes Realty Premier

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

Secondary
A.R. MacNeill Secondary School
1.45 km
Elementary
Tomsett Elementary School
Above Average
0.99 km
7.1/10
Elementary
Tomsett Elementary School
0.99 km

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

Private Schools

Elementary
Pythagoras Academy
0.71 km
Secondary
City Vancouver Academy
0.87 km

Closest Transit

Bus Stop
Southbound Garden City Rd @ Alderbridge Way
0.13 km
Skytrain
Skytrain @ Lansdowne Stn
0.83 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
33.8%
No Certificate/Degree
Average
12.9%
Owner Occupied
Below Average
54.8%
Employment Rate
Below Average
52.2%

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

Sell Speed & Competition

54 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $538,020
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.83 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Possible — near airport
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BRIGHOUSE compares
This property
148 DOM
Slower than area
Brighouse avg
54 DOM
Average
Richmond avg
54 DOM
Faster market

402 8851 Lansdowne Road has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9.8% below comparable active properties in Brighouse, 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 V6X 3X7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6X 3X7, 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 (~2.3 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 402 8851 Lansdowne Road

Pre-computed routes from 402 8851 Lansdowne Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Lansdowne → Waterfront
    36 min
  • Metrotown, Burnaby via Lansdowne → Metrotown
    54 min
  • SFU Burnaby via Lansdowne → Production Way
    61 min
  • Richmond Centre via Lansdowne → Brighouse
    15 min
  • YVR Airport via Lansdowne → YVR-Airport
    24 min

By car (off-peak)

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

Calculate your commute

402 8851 Lansdowne Rd, Richmond, BC is ideally located for commuters. The property is 0.8 km from Lansdowne, with a 36 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Garden City Rd @ Alderbridge Way (0.13 km). Walk Score Transit rating: Excellent Transit (70/100).

Walkability & Transit Near 402 8851 Lansdowne Road

Walk Score Badge
Car-Dependent 84

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
70

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 402 8851 Lansdowne Road

/month
Principal & Interest
Property Taxes $139
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($98,000), the estimated monthly payment for this listing is $2,246/month — $1,871 principal & interest, $139 property tax, $236 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
At an estimated rental income of $1,899/month, this property runs a $404/month shortfall after mortgage and carrying costs. Break-even requires approximately 38% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Brighouse, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $490,000
Richmond Loading...
Brighouse Loading...

Based on 17 comparable active apartments/condos in Brighouse, the average asking price is $455,333. This listing is priced 7.6% above the neighbourhood average. This property is flagged as a Hot Deal (8.9% 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 402 8851 Lansdowne Road

Walk Score Badge
Car-Dependent 84

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
70

Bike Score - Very Bikeable

Biking is convenient for most trips

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