Home Richmond, BC Steveston North 5555 Wallace Road

5555 Wallace Rd, Richmond BC - Single Family Residence for Sale - MLS# R3143901

65 days on the market

$1,698,000

Est. Mortgage $7,512/mo

Listing updated: Aug 27, 2026 at 07:25pm

EstateBlock checked: Sep 5, 2026 at 10:45pm

4 Beds

2 Baths

1928 sqft

881 $ /sqft

1971 built

5.6% price reduction

65 days on the market

$1,698,000

$1,798,000

Est. $7,512/mo with 20% down

Listing updated: Aug 27, 2026 at 07:25pm

EstateBlock checked: Sep 5, 2026 at 10:45pm

Photos

Exterior Front Photo of 5555 Wallace Road, Richmond, BC

Exterior Rear Photo of 5555 Wallace Road, Richmond, BC

Living Room Photo of 5555 Wallace Road, Richmond, BC

Family Room Photo of 5555 Wallace Road, Richmond, BC

Dining Area Photo of 5555 Wallace Road, Richmond, BC

Kitchen Photo of 5555 Wallace Road, Richmond, BC

Kitchen Island Photo of 5555 Wallace Road, Richmond, BC

Pantry Photo of 5555 Wallace Road, Richmond, BC

Breakfast Nook Photo of 5555 Wallace Road, Richmond, BC

Primary Bedroom Photo of 5555 Wallace Road, Richmond, BC

Investor alert! A large lot 8412 sqft in Steveston North Richmond. Potential to build a beautiful new custom dream home. South facing, Steps away from parks, Steveston-London Secondary and McKinney Elementary and recreation.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	1
Heating Type	Natural Gas
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$1,698,000
Total Bedrooms	4
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1928
Year Built	1971
Age Of Building	55
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Utility Type	Community, Electricity Connected, Natural Gas Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Single, Front Access
Total Parking Spaces	4
Rental Suites	None

Lot & Land

Lot Size	8412
Lot Size Depth	Feet
Lot Size Frontage	60
MLS^® #	R3143901
Area	Richmond
Neighbourhood	Steveston North
City	Richmond
Postal Code	V7E 2C4
Gross Taxes	$6,657.02
Zoning	RS1

Property Timeline

Status	Date	Price
R3143901 / Active	07-03-2026	$1,698,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	17' x 17' ft
Main Level	Living Room	16' x 16' ft
Main Level	Dining Room	9' x 9' ft
Main Level	Primary Bedroom	13' x 13' ft
Main Level	Bedroom	11' x 11' ft
Main Level	Bedroom	12' x 12' ft
Below	Recreation Room	25' x 25' ft
Below	Bedroom	10' x 10' ft
Below	Laundry	5' x 5' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#4

Listed by: Nu Stream Realty Inc.

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
James McKinney Elementary School: Above Average 0.14 km 8.2/10
Secondary
Steveston-London Secondary School: Above Average 0.98 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 0.93 km 8.2/10
Secondary
Maple Hill School: Average 3.9 km 5.6/10

Closest Transit

Bus Stop
Southbound No. 2 Rd @ Wallace Rd: 0.29 km
Skytrain
Skytrain @ Brighouse Stn: 3.83 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

48 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 3.83 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

65 DOM

Slower than area

Steveston North avg

42 DOM

Average

Richmond avg

42 DOM

Faster market

5555 Wallace Road has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.7% and an area average of 42 days on market — buyers have more leverage. With only 653 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 V7E 2C4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7E 2C4, 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 (~5.4 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 · 607 m · Fast Food
Torake japanese cuisine · 752 m · Restaurant
Domino's · 759 m · Fast Food

Groceries (2 nearby)

O'hare's liquor store · 610 m · Beverages
7-eleven · 770 m · Convenience

Transit (1 nearby)

Bus stop southbound no. 2 rd @ maple rd · 980 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 143 m
Jessie Wowk Elementary School	Public	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 625 m
Westwind Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 845 m
St Joseph the Worker	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 934 m
Steveston-London Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	8.1 / 10	Distance 979 m
John G Diefenbaker Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 996 m
des Navigateurs	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.42 KM
Robert A. McMath Secondary	Public	Grades Served —	Catchment Info —	8.0 / 10	Distance 1.43 KM
Hugh Boyd Secondary School	Public	Grades Served 8-12	Catchment Info —	6.8 / 10	Distance 1.44 KM
John T Errington Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 1.56 KM
Maple Lane Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.59 KM
Errington Learning Centre	Public	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.61 KM
Lord Byng Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 1.62 KM
Tomekichi Homma Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.71 KM
Alfred B Dixon Elementary	Public	Grades Served —	Catchment Info —	7.4 / 10	Distance 1.79 KM
Mia Montessori Academy	Independent	Grades Served —	Catchment Info —	0	Distance 1.88 KM
Manoah Steves Elementary	Public	Grades Served —	Catchment Info —	7.4 / 10	Distance 1.96 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 2.06 KM
R M Grauer Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.12 KM
William Bridge Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.19 KM
W D Ferris Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.24 KM
James Gilmore Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.41 KM
Donald E McKay Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.44 KM
Hugh McRoberts Secondary School	Public	Grades Served 8-12	Catchment Info —	8.0 / 10	Distance 2.69 KM
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.84 KM
St.Paul School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.87 KM

Pre-computed routes from 5555 Wallace Rd, Richmond, BC

5555 Wallace Rd, Richmond, BC Brighouse 3.8 km

74 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brighouse → Waterfront
74 min
Metrotown, Burnaby via Brighouse → Metrotown
92 min
SFU Burnaby via Brighouse → Production Way
99 min
Richmond Centre
49 min
YVR Airport via Brighouse → YVR-Airport
62 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

5555 Wallace Rd, Richmond, BC is ideally located for commuters. The property is 3.8 km from Brighouse, with a 74 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound No. 2 Rd @ Wallace Rd (0.29 km). Walk Score Transit rating: Some Transit (45/100).

Walkability & Transit Near 5555 Wallace Road

Car-Dependent 43

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 5555 Wallace Road

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $555

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($339,600), the estimated monthly payment for this listing is $7,040/month — $6,485 principal & interest, $555 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 27, 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

At an estimated rental income of $4,278/month, this property runs a $2,938/month shortfall after mortgage and carrying costs. Break-even requires approximately 57% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5555 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.