512 5788 Gilbert Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3133312

$799,000
Est. Mortgage $3,535/mo
2 Beds
2 Baths
855 sqft
935 $ /sqft
605.72 $ Maint. fee
2022 built
$799,000
Est. $3,535/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

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Property Details for 512 5788 Gilbert Road

CASCADE CITY south Tower concrete building , incredibly functional floor plan with generously sized & separated bedrooms . Bright, open layout with plenty of windows for natural light; A/C, Miele appliance package, engineered hardwood floors throughout. Surrounded by T&T Supermarket, restaurants, Rona, Richmond Medical Center, Richmond shopping center, community, park and skytrain all within walking distance. Exclusive 3,000sf double-height Fitness Centre, Guest Suite, multi-functional Club Lounge, lushly landscaped 25,000sf podium-level outdoor space and much more! 1 Parking and 1 Storage included! open house June 13 Sat 2-4pm

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Interior Features Elevator, Guest Suite
Heating Type Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Concrete
Structures Multi Family, Residential Attached

Building Details

Price $799,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 855
Year Built 2022
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Stories 5
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Water
Ownership Type Freehold Strata
Maintenance Fee $605.72
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions

Lot & Land

Lot Size Depth Feet
MLS® # R3133312
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6X 1B7
Gross Taxes $2,842.43
Zoning MF

Property Timeline

Status Date Price
R3133312 / Active 06-08-2026 $799,000
Rooms
Floor Type Dimensions
Main Level Kitchen 9'2 x 9'2 ft
Main Level Dining Room 14'6 x 14'6 ft
Main Level Living Room 14'6 x 14'6 ft
Main Level Primary Bedroom 13'3 x 13'3 ft
Main Level Bedroom 11'3 x 11'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: RE/MAX Crest Realty

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
Samuel Brighouse Elementary School
0.67 km
Secondary
Richmond Secondary School
1.19 km
Elementary
Samuel Brighouse Elementary School
0.67 km

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

Private Schools

Elementary
Pythagoras Academy
1.78 km
Secondary
City Vancouver Academy
1.99 km

Closest Transit

Bus Stop
Westbound Elmbridge Way @ Gilbert Rd
0.12 km
Skytrain
Skytrain @ Lansdowne Stn
0.80 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
13%
Owner Occupied
Below Average
55%
Employment Rate
Average
54.5%

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

42 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.80 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
31 DOM
Very fast
Brighouse avg
54 DOM
Average
Richmond avg
54 DOM
Slower market

512 5788 Gilbert Road has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. 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 could take longer than the area average to sell.

Climate Risk for V6X 1B7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6X 1B7, 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 (~1.7 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 512 5788 Gilbert Road

Pre-computed routes from 512 5788 Gilbert 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
    14 min
  • SFU Burnaby via Gaglardi Way
    23 min
  • Richmond Centre via No. 3 Rd
    1 min
  • YVR Airport via Bridgeport / Sea Island
    4 min

Calculate your commute

512 5788 Gilbert 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 Westbound Elmbridge Way @ Gilbert Rd (0.12 km). Walk Score Transit rating: Excellent Transit (73/100).

Walkability & Transit Near 512 5788 Gilbert Road

Walk Score Badge
Car-Dependent 90

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
82

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 512 5788 Gilbert Road

/month
Principal & Interest
Property Taxes $237
Maintenance fee 605.72
Based on a 30-year fixed at 4% interest with 20% down ($159,800), the estimated monthly payment for this listing is $3,895/month — $3,052 principal & interest, $237 property tax, $606 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 $2,786/month, this property runs a $1,158/month shortfall after mortgage and carrying costs. Break-even requires approximately 51% 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 $799,000
Richmond Loading...
Brighouse Loading...

Based on 107 comparable active apartments/condos in Brighouse, the average asking price is $902,132. This listing is priced 11.4% below the neighbourhood average.

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 512 5788 Gilbert Road

Walk Score Badge
Car-Dependent 90

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
82

Bike Score - Very Bikeable

Biking is convenient for most trips

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