508 7008 River Parkway, Richmond BC - Apartment/Condo for Sale - MLS# R3125985

110 days on the market
$668,000
Est. Mortgage $2,955/mo
Listing updated:
EstateBlock checked:
2 Beds
2 Baths
877 sqft
762 $ /sqft
678.98 $ Maint. fee
2017 built
110 days on the market
$668,000
Est. $2,955/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 508 7008 River Parkway

Bright North East-facing 2 Bed + Den home at sought-after Riva, featuring a functional open layout, spacious living and dining areas, well-sized bedrooms, and a versatile den perfect for a home office or extra storage. Equipped with A/C for year-round comfort. Includes 1 parking and 1 locker. Set in a desirable waterfront community in central Richmond, close to shopping, restaurants, parks, and transit. Excellent opportunity for both end users and investors.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Block

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $668,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 877
Year Built 2017
Age Of Building 9
Building Type Apartment/Condo
Property Type Residential
Stories 5
Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $678.98
Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground, Garage Door Opener
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
Rental Suites None
Units In Development 166

Lot & Land

Lot Size Depth Feet
MLS® # R3125985
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6X 0R1
Gross Taxes $2,427.24
Zoning CD

Property Timeline

Status Date Price
R3125985 / Active 05-19-2026 $668,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'10 x 11'10 ft
Main Level Primary Bedroom 10'0 x 10'0 ft
Main Level Bedroom 12'2 x 12'2 ft
Main Level Dining Room 11'10 x 11'10 ft
Main Level Kitchen 8'2 x 8'2 ft
Main Level Den 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #3

Listed by: Royal Pacific Realty Corp.

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
Samuel Brighouse Elementary School
Above Average 1.27 km 7.3/10

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

Private Schools

Elementary
Pythagoras Academy
Above Average 1.3 km 8.4/10
Secondary
Maple Hill School
Average 1.26 km 5.6/10

Closest Transit

Bus Stop
Westbound Elmbridge Way @ Gilbert Rd
0.5 km
Skytrain
Skytrain @ Lansdowne Stn
0.57 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 33.8%
No Certificate/Degree
Average 13%
Owner Occupied
Below Average 55%
Employment Rate
Average 54.5%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

58 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $708,748
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.57 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Possible — near airport
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BRIGHOUSE compares
This property
110 DOM
Slower than area
Brighouse avg
39 DOM
Average
Richmond avg
39 DOM
Faster market

508 7008 River Parkway has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.1% below comparable active properties in Brighouse, 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 V6X 0R1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6X 0R1, 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 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~1.2 km). Annual avg AQHI 2.2 — 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

Restaurants (147 nearby)

  • Wasuta pasta · 212 m · Restaurant
  • Co'm vietnamese · 292 m · Restaurant
  • Syu japanese cuisine & sushi bar · 313 m · Restaurant

Shopping (84 nearby)

  • Scotiabank · 222 m · Bank
  • So'o salon · 289 m · Hairdresser
  • Rbc · 299 m · Bank

Cafes (30 nearby)

  • Big rock café · 326 m · Cafe
  • Coco fresh tea & juice · 370 m · Cafe
  • Penguin bros. · 400 m · Cafe

Groceries (22 nearby)

  • Izumiya japanese marketplace · 417 m · Supermarket
  • Real canadian superstore · 506 m · Supermarket
  • Big crazy supermarket · 538 m · Supermarket

Healthcare (8 nearby)

  • Shoppers drug mart · 475 m · Healthcare
  • Oval integrative pharmacy · 526 m · Healthcare
  • Minoru pharmacy · 762 m · Healthcare

Gyms (5 nearby)

  • Q1 billiards · 648 m · Gym
  • V-zone tactical laser tag · 684 m · Gym
  • Top 147 snooker · 697 m · Gym

Transit (3 nearby)

  • Skytrain @ lansdowne stn station · 575 m · Transit
  • Skytrain @ aberdeen stn station · 984 m · Transit
  • Bus stop eastbound lansdowne rd @ cooney rd · 994 m · Transit

Parks & Recreation (1 nearby)

  • X hoop basketball gym · 423 m · Pitch

Schools NearBy

22 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Station Stretch

Public

Grades Served

4, 8-12

Catchment Info

4.2 / 10

Distance

305 m

Maple Hill School

Independent

Grades Served

Catchment Info

5.6 / 10

Distance

1.26 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.3 / 10

Distance

1.27 KM

Pythagoras Academy

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

1.30 KM

Virtuelle

Public

Grades Served

Catchment Info

0

Distance

1.35 KM

City Vancouver Academy

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.50 KM

Continuing Ed SD 38

Public

Grades Served

Catchment Info

2.6 / 10

Distance

1.56 KM

William Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.69 KM

Richmond Secondary

Public

Grades Served

Catchment Info

8.1 / 10

Distance

1.73 KM

Archibald Blair Elementary

Public

Grades Served

Catchment Info

8.5 / 10

Distance

2.07 KM

Tomsett Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.09 KM

General Currie Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

2.17 KM

R. C. Talmey Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.24 KM

J.N. Burnett Secondary

Public

Grades Served

Catchment Info

8.0 / 10

Distance

2.25 KM

Henry Anderson Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.26 KM

Donald E McKay Elementary School

Public

Grades Served

K-7

Catchment Info

7.9 / 10

Distance

2.48 KM

Blundell Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.51 KM

W D Ferris Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.53 KM

A.R. MacNeill Secondary School

Public

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

2.54 KM

R C Palmer Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

2.71 KM

St.Paul School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

2.73 KM

James Thompson Elementary

Public

Grades Served

Catchment Info

7.9 / 10

Distance

2.74 KM

Pre-computed routes from 508 7008 River Parkway, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Lansdowne → Waterfront
    33 min
  • Metrotown, Burnaby via Lansdowne → Metrotown
    51 min
  • SFU Burnaby via Lansdowne → Production Way
    58 min
  • Richmond Centre via Lansdowne → Brighouse
    12 min
  • YVR Airport via Lansdowne → YVR-Airport
    21 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    15 min
  • Metrotown, Burnaby via Lougheed Hwy
    14 min
  • SFU Burnaby via Gaglardi Way
    22 min
  • Richmond Centre via No. 3 Rd
    1 min
  • YVR Airport via Bridgeport / Sea Island
    4 min

Calculate your commute

508 7008 River Parkway, Richmond, BC is ideally located for commuters. The property is 0.6 km from Lansdowne, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Elmbridge Way @ Gilbert Rd (0.5 km). Walk Score Transit rating: Excellent Transit (73/100).

Walkability & Transit Near 508 7008 River Parkway

Walk Score Badge
Car-Dependent 82

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
87

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 508 7008 River Parkway

/month
Principal & Interest
Property Taxes $202
Maintenance fee 678.98
A 20% down payment of $133,600 on this $668,000 listing yields an estimated mortgage of $2,551/month (30-year fixed, 4%). Total estimated housing cost: $3,432/month, $202 property tax, $679 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,395/month in estimated rental income against $3,486/month in mortgage payments, the monthly cashflow is -$1,091/month. A 55% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 508 7008 River Parkway, 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 — Brighouse, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $668,000
Richmond Loading...
Brighouse Loading...

Based on 130 comparable active apartments/condos in Brighouse, the average asking price is $711,655. This listing is priced 6.1% below 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 Real Estate Board of Greater Vancouver 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 508 7008 River Parkway

Walk Score Badge
Car-Dependent 82

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
87

Bike Score - Very Bikeable

Biking is convenient for most trips

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