Home New Westminster, BC The Heights NW 550 Richmond Street

550 Richmond St, New Westminster BC - Single Family Residence for Sale - MLS# R3130752

93 days on the market

$2,499,000

Est. Mortgage $11,056/mo

Listing updated: Jul 16, 2026 at 09:06am

EstateBlock checked: Sep 2, 2026 at 10:45pm

5 Beds

5 Baths

3052 sqft

819 $ /sqft

2021 built

93 days on the market

$2,499,000

Est. $11,056/mo with 20% down

Listing updated: Jul 16, 2026 at 09:06am

EstateBlock checked: Sep 2, 2026 at 10:45pm

Photos

Exterior Front Photo of 550 Richmond Street, New Westminster, BC

Exterior Rear Photo of 550 Richmond Street, New Westminster, BC

Living Room Photo of 550 Richmond Street, New Westminster, BC

Family Room Photo of 550 Richmond Street, New Westminster, BC

Dining Area Photo of 550 Richmond Street, New Westminster, BC

Kitchen Photo of 550 Richmond Street, New Westminster, BC

Kitchen Island Photo of 550 Richmond Street, New Westminster, BC

Pantry Photo of 550 Richmond Street, New Westminster, BC

Breakfast Nook Photo of 550 Richmond Street, New Westminster, BC

Primary Bedroom Photo of 550 Richmond Street, New Westminster, BC

Stunning unobstructed views of city, water & mtns! Custom Build modern style extravagant home features open layout with top notch detailed workmanship. As you enter the feature wall with oyster white marble with built-in Led lights welcomes you. Family room with large customized sliding door that extends to a covered deck with gas fire pit. Modern look kitchen with Zenn Air Appliances that has big island to entertain your family/friends. Spicy Kitchen, Free standing customized stairs lead to upstairs with 3 bedrooms and Solarium to enjoy. Master bedroom with fireplace, luxury ensuite, wide sliding door with balcony to enjoy the beauty of nature. Imported Italian tiles, door knobs, illusion stone counter tops. 1 bedroom bsmt suit & bachelore suit rented to very good tenants.A MUST ACT.

Interior Features

Basement Finished Area (sqft)	778
Basement Features	Finished, Exterior Entry
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Storage
Fireplace	2
Heating Type	Natural Gas, Radiant
# of Kitchens	3
Flooring	Hardwood, Tile, Wall/Wall/Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Private Yard
View Description	MOUNTAINS,CITY,RIVER AND MORE
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$2,499,000
Total Bedrooms	5
Total Bathrooms	5
Full Bathrooms	4
Half Bathrooms	1
Floor Area Total (sqft)	3052
Year Built	2021
Age Of Building	5
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Triple, Open, RV Access/Parking, Lane Access, Rear Access, Concrete, Paver Block
Total Parking Spaces	10
Rental Suites	Legal Suite

Lot & Land

Lot Size	6100
Lot Size Depth	Feet
Lot Size Frontage	50
MLS^® #	R3130752
Area	New Westminster
Neighbourhood	The Heights NW
City	New Westminster
Postal Code	V3L 4C7
Gross Taxes	$9,801
Zoning	RS1

Property Timeline

Status	Date	Price
R3130752 / Active	06-02-2026	$2,499,000
to view full Property History (3 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'2 x 12'2 ft
Main Level	Foyer	12'2 x 12'2 ft
Main Level	Family Room	15' x 15' ft
Main Level	Dining Room	11'4 x 11'4 ft
Main Level	Kitchen	16' x 16' ft
Main Level	Bedroom	9' x 9' ft
Main Level	Wok Kitchen	11' x 11' ft
Above Level	Primary Bedroom	18'6 x 18'6 ft
Above Level	Bedroom	10' x 10' ft
Above Level	Bedroom	12'10 x 12'10 ft
Above Level	Gym	11' x 11' ft
Basement Level	Living Room	15'8 x 15'8 ft
Basement Level	Kitchen	15'8 x 15'8 ft
Basement Level	Bedroom	9'8 x 9'8 ft
Basement Level	Media Room	15'8 x 15'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#5
Above Level	Yes	#4
Above Level	No	#4
Basement	No	#4

Listed by: Century 21 Coastal 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

Private Schools

Elementary
St.Michaels School: 0.21 km
Elementary,Secondary
Urban Academy Senior: Above Average 0.96 km 8.6/10

Closest Transit

Bus Stop
Southbound E Columbia St @ Holmes St: 0.4 km
Skytrain
Skytrain @ Braid Stn: 1.05 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Average
Property Crime Rate: Average

Demographics

Post-Secondary Education: Average 27.9%
No Certificate/Degree: Below Average 9.9%
Owner Occupied: Average 72.2%
Employment Rate: Average 61.3%

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

54 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.05 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 THE HEIGHTS NW compares

This property

93 DOM

Slower than area

The Heights NW avg

37 DOM

Average

New Westminster avg

37 DOM

Faster market

550 Richmond Street has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 14.2% and an area average of 37 days on market — conditions are balanced. With only 155 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 V3L 4C7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 4C7, 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 B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~0.9 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 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

Restaurants (19 nearby)

Panago · 497 m · Fast Food
Donair town · 505 m · Fast Food
Sushi heaven · 573 m · Restaurant

Shopping (18 nearby)

Eye expressions optical · 548 m · Optician
Twin peaks pinoy mart · 552 m · General
Star fade · 592 m · Hairdresser

Groceries (6 nearby)

7-eleven · 521 m · Convenience
Pharmasave · 676 m · Convenience
Sapperton liquor sore · 686 m · Beverages

Healthcare (5 nearby)

Indigo pharmacy · 616 m · Healthcare
Pharmasave · 676 m · Healthcare
The medicine shoppe · 750 m · Healthcare

Cafes (4 nearby)

Fratelli · 563 m · Cafe
Season's apple café · 674 m · Cafe
Starbucks · 757 m · Cafe

Transit (1 nearby)

Bus stop southbound north rd @ delestre ave · 995 m · Transit

Schools NearBy

22 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
St.Michaels School	Independent	Grades Served K-7	Catchment Info —	0	Distance 208 m
Home Learners Program	Public	Grades Served —	Catchment Info —	10.0 / 10	Distance 583 m
Armstrong Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 776 m
Skwo:wech	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 892 m
Urban Academy Junior	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 961 m
Urban Academy Senior	Independent	Grades Served —	Catchment Info —	8.8 / 10	Distance 961 m
Cariboo Hill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 1.20 KM
F W Howay Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 1.38 KM
Our Lady of Fatima	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 1.68 KM
Alderson Elementary	Public	Grades Served —	Catchment Info —	6.3 / 10	Distance 1.76 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	0	Distance 1.84 KM
John Knox Christian - Elementary Campus	Independent	Grades Served —	Catchment Info —	9.3 / 10	Distance 1.88 KM
Ecole Glenbrook Middle School	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.94 KM
Cameron Elementary	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.94 KM
Lord Baden-Powell Elementary School	Public	Grades Served K-5	Catchment Info —	6.3 / 10	Distance 2.25 KM
Herbert Spencer Elementary School	Public	Grades Served K-5	Catchment Info —	6.9 / 10	Distance 2.26 KM
Roy Stibbs Elementary School	Public	Grades Served K-5	Catchment Info —	6.5 / 10	Distance 2.37 KM
Burnaby Mountain Secondary School	Public	Grades Served 8-12	Catchment Info —	7.1 / 10	Distance 2.45 KM
Stoney Creek Community Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.72 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.76 KM
Lyndhurst Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 2.77 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.92 KM

Pre-computed routes from 550 Richmond St, New Westminster, BC

550 Richmond St, New Westminster, BC Braid 1.0 km

46 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Braid → Waterfront
46 min
Metrotown, Burnaby via Braid → Metrotown
31 min
SFU Burnaby via Braid → Production Way
21 min
Richmond Centre via Braid → Brighouse
71 min
YVR Airport via Braid → YVR-Airport
72 min

By car (off-peak)

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

Calculate your commute

550 Richmond St, New Westminster, BC is ideally located for commuters. The property is 1.0 km from Braid, with a 46 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound E Columbia St @ Holmes St (0.4 km). Walk Score Transit rating: Good Transit (64/100).

Walkability & Transit Near 550 Richmond Street

Car-Dependent 72

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 64

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 550 Richmond Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $817

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($499,800), the estimated monthly payment for this listing is $10,361/month — $9,544 principal & interest, $817 property tax.

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: Jul 16, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $7,252/month, this property runs a $3,333/month shortfall after mortgage and carrying costs. Break-even requires approximately 48% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 550 Richmond Street, New Westminster

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.