Home Richmond, BC Steveston North 5520 Wallace Road

5520 Wallace Rd, Richmond BC - Single Family Residence for Sale - MLS# R3125144

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Listing updated: Jun 24, 2026 at 01:25am

EstateBlock checked: Sep 9, 2026 at 02:40am

5 Beds

3 Baths

2620 sqft

687 $ /sqft

1989 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Jun 24, 2026 at 01:25am

EstateBlock checked: Sep 9, 2026 at 02:40am

Photo

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
James McKinney Elementary School: Above Average 0.09 km 8.2/10
Secondary
Steveston-London Secondary School: Above Average 1.01 km 8.1/10

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 0.94 km 8.2/10
Secondary
Maple Hill School: Average 3.97 km 5.6/10

Closest Transit

Bus Stop
Southbound No. 2 Rd @ Wallace Rd: 0.31 km
Skytrain
Skytrain @ Brighouse Stn: 3.90 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 35.7%
No Certificate/Degree: Below Average 11.2%
Owner Occupied: Below Average 52.7%
Employment Rate: Above Average 68.3%

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

38 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,799,900

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 3.90 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 STEVESTON NORTH compares

This property

36 DOM

Average

Steveston North avg

44 DOM

Average

Richmond avg

44 DOM

Slower market

5520 Wallace Road has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced in line with comparable active properties in Steveston North. 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 V7E 2C5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7E 2C5, 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 (~5.5 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 (3 nearby)

Panago · 574 m · Fast Food
Torake japanese cuisine · 818 m · Restaurant
Domino's · 825 m · Fast Food

Groceries (2 nearby)

O'hare's liquor store · 550 m · Beverages
7-eleven · 835 m · Convenience

Transit (1 nearby)

Bus stop westbound williams rd @ sheridan rd · 976 m · Transit

Schools NearBy

27 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
James McKinney Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	8.2 / 10	Distance 90 m
Jessie Wowk Elementary School	Public	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 683 m
Westwind Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 781 m
St Joseph the Worker	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 941 m
John G Diefenbaker Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 970 m
Steveston-London Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	8.1 / 10	Distance 1.01 KM
Robert A. McMath Secondary	Public	Grades Served —	Catchment Info —	8.0 / 10	Distance 1.37 KM
Hugh Boyd Secondary School	Public	Grades Served 8-12	Catchment Info —	6.8 / 10	Distance 1.46 KM
des Navigateurs	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.48 KM
Lord Byng Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.57 KM
John T Errington Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 1.61 KM
Maple Lane Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.61 KM
Tomekichi Homma Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.65 KM
Errington Learning Centre	Public	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.66 KM
Alfred B Dixon Elementary	Public	Grades Served —	Catchment Info —	7.4 / 10	Distance 1.80 KM
Mia Montessori Academy	Independent	Grades Served —	Catchment Info —	0	Distance 1.84 KM
Manoah Steves Elementary	Public	Grades Served —	Catchment Info —	7.4 / 10	Distance 1.91 KM
Ark Elementary Montessori Reggio School	Independent	Grades Served —	Catchment Info —	0	Distance 2.05 KM
Blundell Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.13 KM
R M Grauer Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.17 KM
William Bridge Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.22 KM
W D Ferris Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.31 KM
James Gilmore Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.43 KM
Donald E McKay Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.50 KM
Hugh McRoberts Secondary School	Public	Grades Served 8-12	Catchment Info —	8.0 / 10	Distance 2.72 KM
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.88 KM
St.Paul School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.92 KM

Pre-computed routes from 5520 Wallace Rd, Richmond, BC

5520 Wallace Rd, Richmond, BC Brighouse 3.9 km

75 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brighouse → Waterfront
75 min
Metrotown, Burnaby via Brighouse → Metrotown
93 min
SFU Burnaby via Brighouse → Production Way
100 min
Richmond Centre
50 min
YVR Airport via Brighouse → YVR-Airport
63 min

By car (off-peak)

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

Calculate your commute

5520 Wallace Rd, Richmond, BC is ideally located for commuters. The property is 3.9 km from Brighouse, with a 75 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound No. 2 Rd @ Wallace Rd (0.31 km). Walk Score Transit rating: Some Transit (45/100).

Walkability & Transit Near 5520 Wallace Road

Car-Dependent 42

Walk Score - Car-Dependent

Most errands require a car

Some Transit 45

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 58

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 5520 Wallace Road

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $480

Maintenance fee 0

A 20% down payment of $359,980 on this $1,799,900 listing yields an estimated mortgage of $6,874/month (30-year fixed, 4%). Total estimated housing cost: $7,354/month, $480 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: Jun 24, 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 $4,534/month in estimated rental income against $7,541/month in mortgage payments, the monthly cashflow is -$3,007/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 5520 Wallace Road, 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.