120 5500 Andrews Rd, Richmond BC – Condo for Sale – MLS® R3119115

120 5500 Andrews Road, Richmond, British Columbia V7E 6M9

172 days on the market
$678,000
Est. Mortgage $2,999/mo
Listing updated:
EstateBlock checked:
Southwater
2 Beds
2 Baths
865 sqft
784 $ /sqft
500.86 $ Maint. fee
1997 built
5.2% price reduction
172 days on the market
$678,000
$715,000
Est. $2,999/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 120 5500 Andrews Road

5.2% price reduction

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.

About the building: Southwater

5500 Andrews Road, Steveston South, Richmond

Southwater building details

Building

Built
1997
Homes
129
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
LMS2701
Managed by
Wynford Group
Parking
Visitor Parking, Garage: Underground, Garage Underbuilding
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Southwater

For sale
2
Median ask
$672K
Median $/sqft
$776
Days on market
151
Sold, past year
7
This home

$784/sqft, 1% above the building median of $776.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

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

56 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $633,930
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
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
172 DOM
Slower than area
Steveston South avg
52 DOM
Average
Richmond avg
52 DOM
Faster market

120 5500 Andrews Road has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.5% above comparable active properties in Steveston South. The local market is currently a Balanced Market with a sales-to-active ratio of 12.1% and an area average of 52 days on market — conditions are balanced. With only 919 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. 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

—
N/A

Distance

2.11 KM

Ark Elementary Montessori Reggio School

Independent

Grades Served

—

Catchment Info

—
N/A

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

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

Walk Score Badge
Car-Dependent 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
70

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 120 5500 Andrews Road

/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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
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

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

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.

Price vs Neighbourhood Average — Steveston South, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $678,000
Richmond Loading...
Steveston South Loading...

Based on 22 comparable active apartments/condos in Steveston South, the average asking price is $636,898. This listing is priced 6.5% above the neighbourhood average. This property is flagged as a Hot Deal (5.2% 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 120 5500 Andrews Road

Walk Score Badge
Car-Dependent 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
70

Bike Score - Very Bikeable

Biking is convenient for most trips

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