Home Richmond, BC Steveston South Southwater 120 5500 Andrews Road

120 5500 Andrews Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3119115

124 days on the market

$678,000

Est. Mortgage $2,999/mo

Listing updated: Jul 20, 2026 at 09:22pm

EstateBlock checked: Sep 6, 2026 at 07:30am

Southwater

2 Beds

2 Baths

865 sqft

784 $ /sqft

500.86 $ Maint. fee

1997 built

5.2% price reduction

124 days on the market

$678,000

$715,000

Est. $2,999/mo with 20% down

Listing updated: Jul 20, 2026 at 09:22pm

EstateBlock checked: Sep 6, 2026 at 07:30am

Photos

Exterior Front Photo of 120 5500 Andrews Road, Richmond, BC

Exterior Rear Photo of 120 5500 Andrews Road, Richmond, BC

Living Room Photo of 120 5500 Andrews Road, Richmond, BC

Family Room Photo of 120 5500 Andrews Road, Richmond, BC

Dining Area Photo of 120 5500 Andrews Road, Richmond, BC

Kitchen Photo of 120 5500 Andrews Road, Richmond, BC

Kitchen Island Photo of 120 5500 Andrews Road, Richmond, BC

Pantry Photo of 120 5500 Andrews Road, Richmond, BC

Breakfast Nook Photo of 120 5500 Andrews Road, Richmond, BC

Primary Bedroom Photo of 120 5500 Andrews Road, Richmond, BC

Welcome home to a fantastic ground-floor suite offering both comfort and convenience in a highly desirable location. Updates include vinyl plank flooring throughout, and new appliances. Enjoy outdoor living on a 264 sq ft SOUTH-facing patio, a sun-filled space perfect for relaxing, entertaining, or enjoying your morning coffee. With direct walk-up access—offering a townhouse-like feel. Equipped with an EV-stall, and ample parking along Dyke Road making hosting guests effortless. Enjoy a leisurely stroll to the charm and amenities of Steveston Village, all while being located within the sought-after Homma Elementary and McMath Secondary school catchments. A rare combination of lifestyle, layout, and location.*Some photos virtually staged*

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Trash Compactor, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Elevator, Guest Suite
Fireplace	1
Heating Type	Baseboard, Electric, Natural Gas
Laundry	In Unit
# of Kitchens	1
Flooring	Vinyl
Foundation	Concrete Perimeter

Exterior Features

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

Building Details

Price	$678,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	865
Year Built	1997
Age Of Building	29
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Ground Level Unit
Stories	1
Building Amenities	Clubhouse, Day Care, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name	Southwater
Ownership Type	Freehold Strata
Maintenance Fee	$500.86
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Day Care, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Lagoon, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Additional Parking, Garage Under Building, Guest, Front Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed,Smoking Restrictions
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Rental Suites	None
Units In Development	129

Lot & Land

MLS^® #	R3119115
Area	Richmond
Neighbourhood	Steveston South
City	Richmond
Postal Code	V7E 6M9
Gross Taxes	$2,142.98
Zoning	ZLR4

Property Timeline

Status	Date	Price
R3119115 / Active	05-05-2026	$678,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	9'7 x 9'7 ft
Main Level	Kitchen	8'9 x 8'9 ft
Main Level	Laundry	7'11 x 7'11 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	Yes	#3

Listed by: RE/MAX Westcoast

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
Tomekichi Homma Elementary School: Above Average 0.42 km 7.4/10

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

Private Schools

Elementary
Mia Montessori Academy: 2.11 km
Elementary, Secondary
Richmond Christian School: Above Average 5.59 km 9/10

Closest Transit

Bus Stop
Eastbound Moncton St @ Trites Rd: 0.45 km
Skytrain
Skytrain @ Brighouse Stn: 5.55 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 39%
No Certificate/Degree: Below Average 8.9%
Owner Occupied: Below Average 55.7%
Employment Rate: Average 60.1%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

61 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $686,814

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 5.55 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How STEVESTON SOUTH compares

This property

124 DOM

Slower than area

Steveston South avg

39 DOM

Average

Richmond avg

39 DOM

Faster market

120 5500 Andrews Road has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.3% below comparable active properties in Steveston South, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 14.4% and an area average of 39 days on market — conditions are balanced. With only 932 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 V7E 6M9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7E 6M9, 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 4.3 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Richmond South, Richmond (~4.6 km). Annual avg AQHI 2 — Low Risk.

Heat Low

Richmond currently sees ~1 day 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

Shopping (3 nearby)

Raintree spa · 434 m · Beauty Shop
The pilates group · 472 m · Beauty Shop
Goegan spa · 588 m · Beauty Shop

Restaurants (2 nearby)

Village sushi · 440 m · Restaurant
Ember kitchen · 600 m · Restaurant

Cafes (2 nearby)

Sanctuary cafe · 444 m · Cafe
Diplomat bakery · 567 m · Cafe

Groceries (1 nearby)

Nirvana organics · 573 m · Convenience

Transit (1 nearby)

Bus stop northbound no. 2 rd @ kittiwake dr · 931 m · Transit

Schools NearBy

17 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Tomekichi Homma Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.4 / 10	Distance 420 m
Westwind Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.05 KM
Robert A. McMath Secondary	Public	Grades Served —	Catchment Info —	8.0 / 10	Distance 1.53 KM
Lord Byng Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.74 KM
James McKinney Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 1.79 KM
Manoah Steves Elementary	Public	Grades Served —	Catchment Info —	7.4 / 10	Distance 1.99 KM
John G Diefenbaker Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 2.08 KM
Mia Montessori Academy	Independent	Grades Served —	Catchment Info —	0	Distance 2.11 KM
Ark Elementary Montessori Reggio School	Independent	Grades Served —	Catchment Info —	0	Distance 2.17 KM
Steveston-London Secondary School	Public	Grades Served 8-12	Catchment Info —	8.1 / 10	Distance 2.24 KM
St Joseph the Worker	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.43 KM
Maple Lane Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.47 KM
Jessie Wowk Elementary School	Public	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 2.50 KM
William Bridge Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.85 KM
John T Errington Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 2.88 KM
Errington Learning Centre	Public	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.91 KM
Hugh Boyd Secondary School	Public	Grades Served 8-12	Catchment Info —	6.8 / 10	Distance 2.97 KM

Pre-computed routes from 120 5500 Andrews Rd, Richmond, BC

120 5500 Andrews Rd, Richmond, BC Brighouse 5.6 km

95 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brighouse → Waterfront
95 min
Metrotown, Burnaby via Brighouse → Metrotown
113 min
SFU Burnaby via Brighouse → Production Way
120 min
Richmond Centre
70 min
YVR Airport via Brighouse → YVR-Airport
83 min

By car (off-peak)

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

Calculate your commute

120 5500 Andrews Rd, Richmond, BC is ideally located for commuters. The property is 5.6 km from Brighouse, with a 95 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Moncton St @ Trites Rd (0.45 km). Walk Score Transit rating: Some Transit (32/100).

Walkability & Transit Near 120 5500 Andrews Road

Car-Dependent 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 67

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 120 5500 Andrews Road

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $179

Maintenance fee 500.86

With a 20% down payment, buyers can expect an estimated $3,270/month in total housing costs on this $678,000 property — $2,590 mortgage payment, $179 property tax, $501 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: Jul 20, 2026

Investment Cashflow Calculator

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Maintenance Fee

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Vacancy Rate

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,430/month estimated rent and $3,325/month in total housing costs, this property has a -$895/month cashflow. Break-even down payment: approximately 48%.

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

Estateblock Rent Estimate for 120 5500 Andrews Road, Richmond

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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.