Home Richmond, BC Terra Nova Quilchena Green 53 5531 Cornwall Drive

53 5531 Cornwall Dr, Richmond BC V7C 5N7 – Townhouse for Sale – MLS® R3166571

53 5531 Cornwall Drive, Richmond, British Columbia V7C 5N7

Richmond Townhouses for Sale

57 days on the market

$1,515,000

Est. monthly cost $7,257/mo

Updated with MLS® - Nov 12, 2026 at 01:30am

Quilchena Green

3 Beds

3 Baths

2445 sqft

620 $ /sqft

695.82 $ Maint. fee

1992 built

Photos

Quilchena Green – Prime Adult-Oriented Living in Richmond.Beautifully maintained 3-bedroom townhouse tucked into a quiet, well-run, adult-oriented complex in a park-like setting. Rare dual master suites — one up, one down — offer flexible living for families or guests. Vaulted ceilings and abundant natural light create a bright, open main floor. Situated in a prime, private spot within the complex, this home is just steps from the Richmond Dyke, perfect for walking or cycling, and minutes from shops, restaurants, and everyday amenities. Pride of ownership shows throughout. A rare opportunity in one of Richmond's most desirable adult communities — don't miss your chance to call this home! Make your appointment today.

Building 24 fields Inside & out 12 fields Lot & land 7 fields

Building Details

Price	$1,515,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	2445
Year Built	1992
Age Of Building	34
Building Type	Townhouse
Property Type	Residential
Stories	2
Building Amenities	Clubhouse, Caretaker, Trash, Maintenance Grounds, Sewer, Snow Removal
Building Name	Quilchena Green
Ownership Type	Freehold Strata
Maintenance Fee	$695.82
Community Features	Adult Oriented, Gated, Shopping Nearby
Amenities Nearby	Clubhouse, Caretaker, Trash, Maintenance Grounds, Sewer, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Garage Door Opener
Total Parking Spaces	2
Strata Restrictions	Age Restrictions,Pets Allowed w/Rest.,Age Restricted 55+
Pet Restrictions	Number Limit (One), Yes With Restrictions

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Wine Cooler
Interior Features	Vaulted Ceiling(s), Wet Bar
Fireplace	2
Heating Type	Radiant
Laundry	In Unit
# of Kitchens	1
Flooring	Tile, Carpet
Foundation	Slab

Exterior Features

Roof	Asphalt
Structures	Residential Attached

Lot & Land

MLS^® #	R3166571
Area	Richmond
Neighbourhood	Terra Nova
City	Richmond
Postal Code	V7C 5N7
Gross Taxes	$5,470.33
Zoning	RTL1

Property Timeline

Status	Date	Price
R3166571 / Active	09-16-2026	$1,515,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'4 x 19'4 ft
Main Level	Dining Room	17'9 x 17'9 ft
Main Level	Family Room	13'3 x 13'3 ft
Main Level	Primary Bedroom	12'2 x 12'2 ft
Main Level	Walk-In Closet	5'9 x 5'9 ft
Main Level	Eating Area	7'5 x 7'5 ft
Main Level	Laundry	6'6 x 6'6 ft
Main Level	Kitchen	13'1 x 13'1 ft
Main Level	Foyer	6'5 x 6'5 ft
Above Level	Bedroom	16'1 x 16'1 ft
Above Level	Walk-In Closet	7'10 x 7'10 ft
Above Level	Bedroom	10'11 x 10'11 ft
Above Level	Den	13'3 x 13'3 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#5
Main Level	No	#2
Above Level	Yes	#5

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: Quilchena Green

5531 Cornwall Drive, Terra Nova, Richmond

Quilchena Green building details

Building

Built: 1992
Homes: 91
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS423
Managed by: Colyvan Pacific
Parking: Visitor Parking, Other, Garage: Double
Lockers: Limited
Strata fee covers: Recreation FacilityManagementGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Market at Quilchena Green

For sale: 2
Median ask: $1.54M
Median $/sqft: $641
Days on market: 81
Sold, past year: 2

This home

$620/sqft, 3.3% below the building median of $641.

Homes for sale at Quilchena Green, Richmond Recent sold listings in Quilchena Green, Richmond

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

Map, sell speed & climate

SkyTrain 2.35 km · crime average · sell-speed score 55/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (7 nearby)

Terra nova hair · 419 m · Hairdresser
Younger nails · 428 m · Beauty Shop
The ups store · 434 m · Post Office

Restaurants (6 nearby)

Shanghai dumpling king · 412 m · Restaurant
Pizza hut · 415 m · Restaurant
Lucky hong kong restaurant · 456 m · Restaurant

Groceries (2 nearby)

Save-on-foods · 408 m · Supermarket
Terra nova liquor store · 432 m · Beverages

Cafes (2 nearby)

Presotea · 439 m · Cafe
L'aromas coffee terra nova · 467 m · Cafe

Healthcare (1 nearby)

Pharmachoice · 555 m · Healthcare

Transit (1 nearby)

Bus stop eastbound westminster hwy @ riverdale dr · 981 m · Transit

Public Schools

Elementary
Spul'u'kwuks Elementary School: Above Average 0.31 km 8.4/10

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

Private Schools

Elementary
St Joseph the Worker: Above Average 3.64 km 8.2/10
Secondary
Maple Hill School: Average 3.9 km 5.6/10

Closest Transit

Bus Stop
Southbound No. 1 Rd @ Westminster Hwy: 0.57 km
Skytrain
Skytrain @ Yvr-Airport Stn: 2.35 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 42.7%
No Certificate/Degree: Below Average 11.3%
Owner Occupied: Below Average 50%
Employment Rate: Above Average 69.6%

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

55 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,499,555

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.35 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How TERRA NOVA compares

This property

57 DOM

Slower than area

Terra Nova avg

44 DOM

Average

Richmond avg

44 DOM

Faster market

53 5531 Cornwall Drive has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1% above comparable active properties in Terra Nova. The local market is currently a Balanced Market with a sales-to-active ratio of 16.7% and an area average of 44 days on market — conditions are balanced. With 353 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 V7C 5N7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7C 5N7, 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. Nearest station: Vancouver International Airport #2, Richmond (~2.9 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.

Schools NearBy

9 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Spul'u'kwuks Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	8.4 / 10	Distance 311 m
James Thompson Elementary	Public	Grades Served —	Catchment Info —	7.9 / 10	Distance 834 m
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.60 KM
J.N. Burnett Secondary	Public	Grades Served —	Catchment Info —	8.0 / 10	Distance 1.61 KM
Archibald Blair Elementary	Public	Grades Served —	Catchment Info —	8.5 / 10	Distance 1.75 KM
Donald E McKay Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.18 KM
R M Grauer Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.20 KM
James Gilmore Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.38 KM
Samuel Brighouse Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.77 KM

Pre-computed routes from 53 5531 Cornwall Dr, Richmond, BC

53 5531 Cornwall Dr, Richmond, BC YVR-Airport 2.4 km

57 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via YVR-Airport → Waterfront
57 min
Metrotown, Burnaby via YVR-Airport → Metrotown
75 min
SFU Burnaby via YVR-Airport → Production Way
82 min
Richmond Centre via YVR-Airport → Brighouse
44 min
YVR Airport
31 min

By car (off-peak)

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

Calculate your commute

53 5531 Cornwall Dr, Richmond, BC is ideally located for commuters. The property is 2.4 km from YVR-Airport, with a 57 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound No. 1 Rd @ Westminster Hwy (0.57 km). Walk Score Transit rating: Some Transit (33/100).

Walkability & Transit Near 53 5531 Cornwall Drive

Somewhat Walkable 54

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options

Bikeable 59

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $7,257/month · rent estimate $4,017/month · owning catches up with renting by year 29 · cash flow if rented −$3,491/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 53 5531 Cornwall Drive

$7,257 /month

Principal & Interest $6,105

Property Taxes $456

Maintenance fee $696

The estimated monthly cost of 53 5531 Cornwall Drive, Richmond is $7,257: $6,105 principal and interest with 20% down over 30 years at 4.45%, plus $456 property tax and $696 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

−$3,491 /month

Mortgage Payment $6,105

Monthly Cash Flow −$3,491

Break Even Down Payment 66%

Cap Rate -2.8%

Cash on Cash -13.8%

If 53 5531 Cornwall Drive, Richmond were rented at $4,017 a month with 5% vacancy, it would fall $3,491 a month short of the mortgage and carrying costs; about 66% 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 53 5531 Cornwall Drive, Richmond

$4,017 / month

Rent $4,017

Own $7,257

Principal: $1,963/mo Interest, tax, insurance, fees: $5,294/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,644/mo (year 1) → ~$3,823/mo (year 20) → ~$5,701/mo (year 29).

Net cost to own at year 5 ~$5,294/mo About $1,277/mo more than renting

EstateBlock estimates 53 5531 Cornwall Drive, Richmond would rent for about $4,017 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: 53 5531 Cornwall Drive

Rent vs own

Owning catches up by year 29

With 20% down ($303,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $108,005

Principal paid off by year 10 $242,870

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 53 5531 Cornwall Drive, Richmond is cheaper at first, but owning catches up by year 29, with $108,005 of principal paid off by year 5 and $242,870 by year 10.