Home Richmond, BC Terra Nova 5508 Cornwall Drive

5508 Cornwall Dr, Richmond BC - Single Family Residence for Sale - MLS# R3138899

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Listing updated: Aug 22, 2026 at 01:18am

EstateBlock checked: Sep 14, 2026 at 05:10pm

6 Beds

6 Baths

3134 sqft

632 $ /sqft

1992 built

Closed

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This property sold for

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Listing updated: Aug 22, 2026 at 01:18am

EstateBlock checked: Sep 14, 2026 at 05:10pm

Photo

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Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Spul'u'kwuks Elementary School: Above Average 0.28 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 3.61 km 8.2/10
Secondary
Maple Hill School: Average 3.8 km 5.6/10

Closest Transit

Bus Stop
Southbound No. 1 Rd @ Westminster Hwy: 0.5 km
Skytrain
Skytrain @ Yvr-Airport Stn: 2.34 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

43 / 100

Overall sell-speed score

May take longer

B+

Price competition grade

Avg comparable: $2,136,420

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.34 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

59 DOM

Slower than area

Terra Nova avg

44 DOM

Average

Richmond avg

44 DOM

Faster market

5508 Cornwall Drive has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 7.9% below comparable active properties in Terra Nova, 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 only 651 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V7C 5M6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7C 5M6, 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 (~2.8 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.

Nearby Restaurants, Cafes & Shops

Shopping (7 nearby)

Terra nova hair · 341 m · Hairdresser
The ups store · 354 m · Post Office
Younger nails · 363 m · Beauty Shop

Restaurants (6 nearby)

Shanghai dumpling king · 335 m · Restaurant
Pizza hut · 337 m · Restaurant
Popeyes · 392 m · Fast Food

Groceries (2 nearby)

Save-on-foods · 339 m · Supermarket
Terra nova liquor store · 367 m · Beverages

Cafes (2 nearby)

Presotea · 375 m · Cafe
L'aromas coffee terra nova · 399 m · Cafe

Healthcare (1 nearby)

Pharmachoice · 483 m · Healthcare

Transit (1 nearby)

Bus stop southbound no. 1 rd @ tucker ave · 898 m · Transit

Schools NearBy

10 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 282 m
James Thompson Elementary	Public	Grades Served —	Catchment Info —	7.9 / 10	Distance 761 m
J.N. Burnett Secondary	Public	Grades Served —	Catchment Info —	8.0 / 10	Distance 1.53 KM
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.58 KM
Archibald Blair Elementary	Public	Grades Served —	Catchment Info —	8.5 / 10	Distance 1.66 KM
Donald E McKay Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.10 KM
R M Grauer Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.15 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 2.67 KM
des Navigateurs	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.99 KM

Pre-computed routes from 5508 Cornwall Dr, Richmond, BC

5508 Cornwall Dr, Richmond, BC YVR-Airport 2.3 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

5508 Cornwall Dr, Richmond, BC is ideally located for commuters. The property is 2.3 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 (0.5 km). Walk Score Transit rating: Some Transit (34/100).

Walkability & Transit Near 5508 Cornwall Drive

Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 60

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 5508 Cornwall Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $650

Maintenance fee 0

A 20% down payment of $396,000 on this $1,980,000 listing yields an estimated mortgage of $7,562/month (30-year fixed, 4%). Total estimated housing cost: $8,212/month, $650 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.

Listing data last synced: Aug 22, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $6,128/month in estimated rental income against $8,418/month in mortgage payments, the monthly cashflow is -$2,291/month. A 45% 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 5508 Cornwall Drive, Richmond

Buy Vs Rent Calculator

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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.