Home Richmond, BC Hamilton RI 5480 Smith Drive

5480 Smith Dr, Richmond BC V6V 2K8 – House for Sale – MLS® R3180622

5480 Smith Drive, Richmond, British Columbia V6V 2K8

Richmond Houses for Sale

8 days on the market

$1,299,900

Est. monthly cost $5,598/mo

Updated with MLS® - Nov 10, 2026 at 08:45am

Hamilton

5 Beds

3 Baths

2869 sqft

453 $ /sqft

1992 built

27.9% cheaper than comps

Photos

Beautiful custom-built home in a fantastic family-friendly neighbourhood! Offering 2,869 sq. ft. of spacious living with soaring ceilings in the grand entry and living room, impressive open staircase and large kitchen with abundant cabinetry. Main floor features a den or 5th bedroom with adjacent 3-piece bath. Upstairs offers 4 generous bedrooms, including an extra-large primary suite with ensuite. Fresh paint and new laminate flooring upstairs and in the family room. Double garage with high ceilings. Situated on a large 5,655 sq. ft. lot with a spacious covered deck and sunny south-facing backyard. Just 1 block to Hamilton Elementary and minutes to Costco Business Centre, Queensborough Landing shopping and restaurants! This home is super clean and is ready to move in anytime.

Building 20 fields Inside & out 10 fields Lot & land 10 fields

Building Details

Price	$1,299,900
Total Bedrooms	5
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	2869
Year Built	1992
Age Of Building	34
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Building Name	Hamilton
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Front Access, Aggregate
Total Parking Spaces	6
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Crawl Space
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Oven, Range Top
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	1
Flooring	Laminate, Tile
Foundation	Concrete Perimeter

Exterior Features

Roof	Other
Structures	Residential Detached

Lot & Land

Lot Size	5655
Lot Size Depth	Feet
Lot Size Frontage	49
MLS^® #	R3180622
Area	Richmond
Neighbourhood	Hamilton RI
City	Richmond
Postal Code	V6V 2K8
Gross Taxes	$4,317.92
Zoning	RS1B

Property Timeline

Status	Date	Price
R3180622 / Active	11-02-2026	$1,299,900

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17'8 x 17'8 ft
Main Level	Dining Room	13'5 x 13'5 ft
Main Level	Kitchen	18'5 x 18'5 ft
Main Level	Eating Area	10'1 x 10'1 ft
Main Level	Family Room	18'8 x 18'8 ft
Main Level	Bedroom	11'11 x 11'11 ft
Main Level	Laundry	9' x 9' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Above Level	No	#4
Above Level	Yes	#5

Listed by: RE/MAX Austin Kay 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.

Map, sell speed & climate

SkyTrain 3.22 km · Matthew McNair Secondary School 6.3/10 · 11.26 km · crime average · sell-speed score 61/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Cafes (1 nearby)

Tim hortons · 744 m · Cafe

Transit (1 nearby)

Bus stop westbound westminster hwy @ hwy 91 offramp · 935 m · Transit

Public Schools

Secondary
Matthew McNair Secondary School: Average 11.26 km 6.3/10

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

Private Schools

Elementary,Secondary
Choice School For Gifted Children: Above Average 2.11 km 10/10
Elementary,Secondary
Choice School For Gifted Children: Above Average 2.11 km 10/10

Closest Transit

Bus Stop
Eastbound Westminster Hwy @ McLean Ave: 0.28 km
Skytrain
Skytrain @ 22Nd St Stn: 3.22 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 28.2%
No Certificate/Degree: Average 14.3%
Owner Occupied: Above Average 75.4%
Employment Rate: Above Average 73.7%

Noise/ Power Lines

Road/Hwy Noise: Possible
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

61 / 100

Overall sell-speed score

Moderate pace expected

A+

Price competition grade

Avg comparable: $1,803,778

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 3.22 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How HAMILTON RI compares

This property

8 DOM

Very fast

Hamilton RI avg

44 DOM

Average

Richmond avg

44 DOM

Slower market

5480 Smith Drive has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 27.9% below comparable active properties in Hamilton RI, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.5% and an area average of 44 days on market — buyers have more leverage. With 651 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 V6V 2K8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6V 2K8, 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 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby South, Burnaby (~4.8 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

7 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Hamilton Elementary	Public	Grades Served —	Catchment Info —	6.8 / 10	Distance 300 m
Fraser Park Secondary School Program	Public	Grades Served —	Catchment Info —	N/A	Distance 2.01 KM
Queen Elizabeth Elementary School	Public	Grades Served K-4	Catchment Info —	6.5 / 10	Distance 2.08 KM
Choice School For Gifted Children	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.11 KM
Ahmadiyya Muslim School	Independent	Grades Served —	Catchment Info —	N/A	Distance 2.40 KM
Queensborough Middle School	Public	Grades Served 5-8	Catchment Info —	N/A	Distance 2.46 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.73 KM

Pre-computed routes from 5480 Smith Dr, Richmond, BC

5480 Smith Dr, Richmond, BC 22nd Street 3.2 km

67 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via 22nd Street → Waterfront
67 min
Metrotown, Burnaby via 22nd Street → Metrotown
49 min
SFU Burnaby via 22nd Street → Production Way
55 min
Richmond Centre via 22nd Street → Brighouse
92 min
YVR Airport via 22nd Street → YVR-Airport
93 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
20 min
Metrotown, Burnaby via Lougheed Hwy
8 min
SFU Burnaby via Gaglardi Way
11 min
Richmond Centre via No. 3 Rd
15 min
YVR Airport via Bridgeport / Sea Island
19 min

Calculate your commute

5480 Smith Dr, Richmond, BC is ideally located for commuters. The property is 3.2 km from 22nd Street, with a 67 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Westminster Hwy @ McLean Ave (0.28 km). Walk Score Transit rating: Some Transit (48/100).

Walkability & Transit Near 5480 Smith Drive

Somewhat Walkable 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 48

Transit Score - Some Transit

A few nearby public transportation options

Bikeable 64

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $5,598/month · rent estimate $3,977/month · owning catches up with renting by year 8 · cash flow if rented −$1,986/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 5480 Smith Drive

$5,598 /month

Principal & Interest $5,238

Property Taxes $360

Maintenance fee $0

The estimated monthly cost of 5480 Smith Drive, Richmond is $5,598: $5,238 principal and interest with 20% down over 30 years at 4.45%, plus $360 property tax.

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

−$1,986 /month

Mortgage Payment $5,238

Monthly Cash Flow −$1,986

Break Even Down Payment 51%

Cap Rate -1.8%

Cash on Cash -9.2%

If 5480 Smith Drive, Richmond were rented at $3,977 a month with 5% vacancy, it would fall $1,986 a month short of the mortgage and carrying costs; about 51% 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 5480 Smith Drive, Richmond

$3,977 / month

Rent $3,977

Own $5,598

Principal: $1,685/mo Interest, tax, insurance, fees: $3,913/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,410/mo (year 1) → ~$3,280/mo (year 20) → ~$4,892/mo (year 29).

Net cost to own at year 5 ~$3,913/mo About $64/mo less than renting

EstateBlock estimates 5480 Smith Drive, Richmond would rent for about $3,977 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: 5480 Smith Drive

Rent vs own

Owning catches up by year 8

With 20% down ($259,980) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $92,671

Principal paid off by year 10 $208,387

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 5480 Smith Drive, Richmond is cheaper at first, but owning catches up by year 8, with $92,671 of principal paid off by year 5 and $208,387 by year 10.