Home Richmond, BC Steveston South Southwater 122 5500 Andrews Road

122 5500 Andrews Rd, Richmond BC V7E 6M9 – Condo for Sale – MLS® R3137719

122 5500 Andrews Road, Richmond, British Columbia V7E 6M9

Richmond Condos for Sale

146 days on the market

$625,000

Est. monthly cost $3,199/mo

Updated with MLS® - Nov 10, 2026 at 12:45pm

2 Beds

2 Baths

867 sqft

721 $ /sqft

500.86 $ Maint. fee

1997 built

OPEN HOUSE 9.2% price reduction

Photos

Private south Garden Apartment with the feel of a townhouse entry. Enter via your private gate off Dyke Road to a premium garden oasis, 20 x 16 ft, with covered outdoor eating area. Dble French doors with magnetic screen open to your bright living/dining area with peek a boo opening to kitchen. Perfect for entertaining! Fireplace, laundry w/pantry storage, shower & a tub, & walk-in closet are all desired extras. Wake to your personal garden view out 2 large primary bed windows. Close to Preschools, Homma Elementary, McMath Secondary. Walk to shops on 2 Road or stroll the dyke to Steveston & all it offers. This is a lifestyle near the water; feel the small town vibe. Fitness room & amenity room. Come see this 2 bed, 2 bath & live the lifestyle!

Open houses

14 Nov, 2026 (02:00 PM to 04:00 PM)

Building 26 fields Inside & out 13 fields Lot & land 7 fields

Building Details

Price	$625,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	867
Year Built	1997
Age Of Building	29
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Ground Level Unit
Stories	1
Building Amenities	Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Ownership Type	Freehold Strata
Maintenance Fee	$500.86
Community Features	Shopping Nearby
Amenities Nearby	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, Sanitary Sewer, Septic Tank, 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.
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Units In Development	129

Interior Features

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

Exterior Features

Exterior Features	Garden, Private Yard
Roof	Asphalt
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3137719
Area	Richmond
Neighbourhood	Steveston South
City	Richmond
Postal Code	V7E 6M9
Gross Taxes	$2,142.98
Zoning	ZLR4

Property Timeline

Status	Date	Price
R3137719 / Active	06-17-2026	$625,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	16'6 x 16'6 ft
Main Level	Dining Room	10'4 x 10'4 ft
Main Level	Kitchen	9' x 9' ft
Main Level	Primary Bedroom	17'7 x 17'7 ft
Main Level	Bedroom	12'9 x 12'9 ft
Main Level	Laundry	7'11 x 7'11 ft
Main Level	Walk-In Closet	6'5 x 6'5 ft
Main Level	Foyer	5' x 5' ft
Main Level	Patio	20'5 x 20'5 ft

Bathrooms

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

Listed by: Sutton Group Seafair 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.

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: $637K
Median $/sqft: $735
Days on market: 168
Sold, past year: 7

This home

$721/sqft, 1.9% below the building median of $735.

Homes for sale at Southwater, Richmond Recent sold listings in Southwater, Richmond

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

Map, sell speed & climate

SkyTrain 5.55 km · crime average · sell-speed score 59/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

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

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

59 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $614,083

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

146 DOM

Slower than area

Steveston South avg

52 DOM

Average

Richmond avg

52 DOM

Faster market

122 5500 Andrews Road has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.8% 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 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.

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 122 5500 Andrews Rd, Richmond, BC

122 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

122 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 122 5500 Andrews Road

Somewhat Walkable 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

Very Bikeable 70

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $3,199/month · rent estimate $2,358/month · owning catches up with renting by year 11 · cash flow if rented −$1,010/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 122 5500 Andrews Road

$3,199 /month

Principal & Interest $2,519

Property Taxes $179

Maintenance fee $501

The estimated monthly cost of 122 5500 Andrews Road, Richmond is $3,199: $2,519 principal and interest with 20% down over 30 years at 4.45%, plus $179 property tax and $501 strata 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

−$1,010 /month

Mortgage Payment $2,519

Monthly Cash Flow −$1,010

Break Even Down Payment 53%

Cap Rate -1.9%

Cash on Cash -9.7%

If 122 5500 Andrews Road, Richmond were rented at $2,358 a month with 5% vacancy, it would fall $1,010 a month short of the mortgage and carrying costs; about 53% down would break even.

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

Estateblock Rent Estimate for 122 5500 Andrews Road, Richmond

$2,358 / month

Rent $2,358

Own $3,199

Principal: $810/mo Interest, tax, insurance, fees: $2,389/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$678/mo (year 1) → ~$1,577/mo (year 20) → ~$2,352/mo (year 29).

Net cost to own at year 5 ~$2,389/mo About $31/mo more than renting

EstateBlock estimates 122 5500 Andrews Road, Richmond would rent for about $2,358 a month.

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.

Rent vs own: 122 5500 Andrews Road

Rent vs own

Owning catches up by year 11

With 20% down ($125,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $44,557

Principal paid off by year 10 $100,194

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 122 5500 Andrews Road, Richmond is cheaper at first, but owning catches up by year 11, with $44,557 of principal paid off by year 5 and $100,194 by year 10.