422 12931 Railway Ave, Richmond BC V7E 6M5 – Condo for Sale – MLS® R3168063

422 12931 Railway Avenue, Richmond, British Columbia V7E 6M5

52 days on the market
$569,000
Est. monthly cost $2,982/mo
Updated with MLS® -
The Britannia
1 Beds
2 Baths
809 sqft
703 $ /sqft
522.24 $ Maint. fee
1995 built
OPEN HOUSE
52 days on the market
$569,000
$599,000
Est. $2,982/mo with 20% down
Updated with MLS® -

Property Details for 422 12931 Railway Avenue

Welcome to THE BRITANNIA. This Spacious 809sf one bedroom has been tastefully updated throughout and is truly move-in ready! Featuring a fully Remodeled kitchen, 2 renovated bathrooms, cozy gas fireplace, and new vinyl plank flooring throughout. Step outside to your large 126sqft balcony overlooking the river, the perfect spot to unwind and take in the views. This well-maintained building is steps to the boardwalk, ideal for your daily walk, run, or bike ride along the river. A well-managed building with strong community feel. Includes one parking and storage. Just move in! **Open House Saturday NOV 14th: 12-2pm**

Open houses

14 Nov, 2026 (12:00 PM to 02:00 PM)

Building Details

Price $569,000
Total Bedrooms 1
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 809
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Unit Style Upper unit
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Building Name The Britannia
Ownership Type Freehold Strata
Maintenance Fee $522.24
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Units In Development 112

Interior Features

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

Exterior Features

Exterior Features Garden, Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
MLS® # R3168063
Area Richmond
Neighbourhood Steveston South
City Richmond
Postal Code V7E 6M5
Gross Taxes $1,999.3
Zoning RCL1

Property Timeline

Status Date Price
R3168063 / Active 09-21-2026 $569,000
Rooms
Floor Type Dimensions
Main Level Dining Room 10'8 x 10'8 ft
Main Level Kitchen 16'7 x 16'7 ft
Main Level Living Room 14'5 x 14'5 ft
Main Level Primary Bedroom 15'6 x 15'6 ft
Main Level Walk-In Closet 5'6 x 5'6 ft
Main Level Laundry 8'2 x 8'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #4

Listed by: Oakwyn 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.

About the building: Britannia

12931 Railway Avenue, Steveston South, Richmond

Britannia building details

Building

Built
1995
Homes
112 in 4 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
LMS1911
Managed by
Colyvan Pacific
Parking
Visitor Parking, Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterHeatGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Britannia

For sale
3
Median ask
$569K
Median $/sqft
$680
Days on market
65
Sold, past year
8
This home

$703/sqft, 3.4% above the building median of $680.

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

Map, sell speed & climate

SkyTrain 5.66 km · crime average · sell-speed score 50/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (18 nearby)

  • Lee's donuts · 603 m · Fast Food
  • Baan lao fine thai cuisine · 625 m · Restaurant
  • Breakfast table · 831 m · Restaurant

Shopping (15 nearby)

  • Vision plus optometrists · 854 m · Optician
  • Bellatudo · 866 m · Beauty Shop
  • Pharmasave · 867 m · Pharmacy

Cafes (5 nearby)

  • Starbucks · 820 m · Cafe
  • Rocanini coffee roasters · 895 m · Cafe
  • Blenz coffee · 899 m · Cafe

Groceries (2 nearby)

  • Windsor meats steveston · 868 m · Butcher
  • Steveston bakery · 881 m · Bakery

Healthcare (2 nearby)

  • Pharmasave · 867 m · Healthcare
  • Medicine shoppe · 987 m · Healthcare

Transit (1 nearby)

  • Bus stop northbound no. 1 rd @ chatham st · 980 m · Transit

Public Schools

Elementary
Tomekichi Homma Elementary School
Above Average 0.17 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
1.69 km
Secondary
Maple Hill School
Average 5.72 km 5.6/10

Closest Transit

Bus Stop
Eastbound Moncton St @ Railway Ave
0.38 km
Skytrain
Skytrain @ Brighouse Stn
5.66 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

50 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $537,200
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.66 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
52 DOM
Average
Steveston South avg
52 DOM
Average
Richmond avg
52 DOM
Faster market

422 12931 Railway Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.9% 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 6M5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7E 6M5, 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 (~5 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

15 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

174 m

Westwind Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

1.03 KM

Robert A. McMath Secondary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

1.16 KM

Lord Byng Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

1.33 KM

Manoah Steves Elementary

Public

Grades Served

—

Catchment Info

—
7.4 / 10

Distance

1.55 KM

Mia Montessori Academy

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

1.69 KM

James McKinney Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.2 / 10

Distance

1.75 KM

John G Diefenbaker Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.2 / 10

Distance

1.84 KM

St Joseph the Worker

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

2.24 KM

Steveston-London Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.1 / 10

Distance

2.43 KM

Jessie Wowk Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

2.46 KM

Ark Elementary Montessori Reggio School

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

2.57 KM

Hugh Boyd Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.8 / 10

Distance

2.75 KM

Maple Lane Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

2.76 KM

Alfred B Dixon Elementary

Public

Grades Served

—

Catchment Info

—
7.4 / 10

Distance

2.91 KM

Pre-computed routes from 422 12931 Railway Ave, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    96 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    114 min
  • SFU Burnaby via Brighouse → Production Way
    121 min
  • Richmond Centre
    71 min
  • YVR Airport via Brighouse → YVR-Airport
    84 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

422 12931 Railway Ave, Richmond, BC is ideally located for commuters. The property is 5.7 km from Brighouse, with a 96 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Moncton St @ Railway Ave (0.38 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 422 12931 Railway Avenue

Walk Score Badge
Somewhat Walkable 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Very Bikeable 82

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,982/month · rent estimate $2,205/month · owning catches up with renting by year 11 · cash flow if rented −$943/month

Mortgage Calculator for 422 12931 Railway Avenue

30-year fixed
$2,982 /month
Principal & Interest $2,293
Property Taxes $167
Maintenance fee $522

The estimated monthly cost of 422 12931 Railway Avenue, Richmond is $2,982: $2,293 principal and interest with 20% down over 30 years at 4.45%, plus $167 property tax and $522 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

−$943 /month
Mortgage Payment $2,293
Monthly Cash Flow −$943
Break Even Down Payment 53%
Cap Rate -2.0%
Cash on Cash -9.9%

If 422 12931 Railway Avenue, Richmond were rented at $2,205 a month with 5% vacancy, it would fall $943 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 422 12931 Railway Avenue, Richmond

$2,205 / month
Rent $2,205
Own $2,982
Principal: $737/mo Interest, tax, insurance, fees: $2,245/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$617/mo (year 1) → ~$1,436/mo (year 20) → ~$2,141/mo (year 29).

Net cost to own at year 5 ~$2,245/mo About $40/mo more than renting

EstateBlock estimates 422 12931 Railway Avenue, Richmond would rent for about $2,205 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: 422 12931 Railway Avenue

Rent vs own

Owning catches up by year 11

With 20% down ($113,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $40,564
Principal paid off by year 10 $91,216

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 422 12931 Railway Avenue, Richmond is cheaper at first, but owning catches up by year 11, with $40,564 of principal paid off by year 5 and $91,216 by year 10.

Price vs Neighbourhood Average — Steveston South, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $569,000
Richmond Loading...
Steveston South Loading...

Based on 2 comparable active apartments/condos in Steveston South, the average asking price is $537,200. This listing is priced 5.9% above the neighbourhood average.

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 422 12931 Railway Avenue

Walk Score Badge
Somewhat Walkable 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Very Bikeable 82

Bike Score - Very Bikeable

Biking is convenient for most trips

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