109 5500 Lynas Lane, Richmond, BC, MLS® R3084835

$429,000
Est. Mortgage /mo

NEW OPEN HOUSE

$429,000
Est. Mortgage /mo
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
1 Beds
1 Baths
0 Stories
$ 294.56 Maint. Fee
451 sqft
1995 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

109 5500 Lynas Lane, Richmond, BC | MLS® R3084835 Property Details

Steps from the scenic dyke for running, biking, or a leisurely stroll, this bright 1-bedroom home offers a functional layout and a generous south-facing patio overlooking a quiet courtyard. Enjoy fresh paint, updated flooring, in-suite laundry, and newer appliances. Well-ran strata building has completed major exterior upgrades including rainscreen, windows, balcony doors, railings, metal roof, and EV charging stations. Move in to this peaceful yet fun neighborhood, close to the Olympic Oval, Thompson Community Centre, Terra Nova Village, Richmond Centre, SkyTrain, and YVR. This home offers comfort, convenience, and flexible lifestyle options for any buyer. OPEN HOUSE SAT SUN Feb 7/8, 2-4pm.

Open houses

08 Feb, 2026 (02:00 PM to 04:00 PM)

General Info

Price $429,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 451
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Architecture Style Ground Level Unit
Stories 0
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Recreation Facilities, Caretaker, Trash, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3084835
Area Richmond
Neighbourhood Riverdale RI
City Richmond
Gross Taxes $1,245.88
Ownership Type Freehold Strata
Maintenance Fee $294.56
Community Features Shopping Nearby
Amenities Nearby Recreation Facilities, Caretaker, Trash, Hot Water, Management, Sewer, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning ZLR9
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Elevator
View -
View Description -
Units In Development 167
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Metal

Property History

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Status Date Price
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Listed by: RE/MAX City 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.

Neighborhood Info

Public Schools

Elementary
Archibald Blair Elementary School
Above Average
0.88 km
8/10
Secondary
J N Burnett Secondary School
1.13 km
Elementary
Archibald Blair Elementary School
0.88 km

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

Private Schools

Elementary
Pythagoras Academy
2.81 km
Secondary
City Vancouver Academy
3 km

Closest Transit

Bus Stop
Southbound Lynas Lane @ Dover Cres
0.18 km
Skytrain
Skytrain @ Lansdowne Stn
1.99 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

Welcome to 109 5500 Lynas Lane, a stunning property in Richmond, BC!

As we walk through this beautiful community, you'll notice that

Archibald Blair Elementary School

is just a short 0.88 km stroll away. With a rating of 8/10, this school is a great choice for families. Just down the road, you'll find

J N Burnett Secondary School

, approximately 1.13 km away, which also has a strong reputation in the area.

But that's not all -

Pythagoras Academy

, an excellent independent elementary school, is just 2.81 km from this lovely home, and

City Vancouver Academy

, a top-notch secondary independent school, is a mere 3 km away.

Now, let's talk about the safety of the area. According to Statistics Canada's 2020 report, the neighbourhood surrounding 109 5500 Lynas Lane, Richmond, BC (MLS® R3084835) has a crime rate of 7,826.57, which is considered Average compared to other Canadian cities. With a year-over-year change of -3.39%, the area is experiencing a decrease in crime rates.

However, it's essential to note that the drug crime rate is High in this area, with 4,498 illegal substances lawbreaking disturbances reported in 2020. Property crimes are Average, with 6,997 incidents reported in 2020. Violent crime rates are Low, with 1,986 lawbreaking disorders reported in 2020.

When it comes to transportation, the closest bus station, Southbound Lynas Lane @ Dover Cres, is just 0.18 km away from this property.

Now, let's explore the demographics of the area. With 36.1% of residents holding a university certificate or degree, this neighbourhood is considered High in comparison to other BC neighbourhoods. On the other hand, 11.1% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $68,096, which is Average compared to the British Columbia average. The median personal income is $29,504, which is Below Average in comparison to the BC average.

The unemployment rate in the area is 5.7%, which is Below Average compared to other province neighbourhoods. Population growth between 2011 and 2016 was 0.6%, which is Average in comparison to the average growth rate of this region.

This area has a high population density, with 4,523.6 people per square kilometre. The average family size is 2.9, which is Average in comparison to the whole region. With 69.4% of families having children, this is a great community for families. The percentage of married or living common law is 60.7%, which is Average.

The average age of the population is 42.9, which is Above Average in comparison to other BC cities. The average value of dwellings in this neighbourhood is $860,392, which is High compared to other areas in British Columbia.

As for ownership, the average owner payments are Above Average in the area, with $1,374 spent on the dwelling. Tenants are paying $1,301, which is also Above Average compared to other cities.

With 23.6% of the population in this district being renters, this is an Average number compared to other BC cities and areas.

109 5500 Lynas Lane, Richmond, BC MLS® R3084835

is a fantastic property in a wonderful community. Whether you're a family or an individual, this home has something to offer. Contact me today to schedule a viewing and make this property yours!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $429,000
Richmond $245,000
Riverdale RI No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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