5591 Oliver Dr, Richmond BC - Single Family Residence for Sale - MLS# R3144584

54 days on the market
$1,390,000
Est. Mortgage $6,149/mo
Listing updated:
EstateBlock checked:
4 Beds
3 Baths
2080 sqft
668 $ /sqft
1992 built
Motivated Sellers 6.7% price reduction
54 days on the market
$1,390,000
$1,490,000
Est. $6,149/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5591 Oliver Drive

Motivated Sellers 6.7% price reduction

Extensively upgraded over the years, this move-in ready family home features a west-facing backyard backing onto a tranquil greenbelt in desirable Hamilton. Offering 4 spacious bedrooms and 2.5 baths. Major 2022/23 renovations include the kitchen, family room, bathrooms and primary ensuite. Additional upgrades include PEX plumbing, tankless hot water, heat pump, vinyl windows and more. Enjoy the covered deck, new interlocking patio (2024) and beautifully landscaped backyard. Minutes to golf courses, Riverport entertainment, shopping, dining & easy highway access. School Catchment: Hamilton Elem. & McNair Sec. Estate sale. Subject to Probate. Some photos are virtually staged. Private showings with min 48 hours notice. Motivated Seller

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Wine Cooler
Interior Features Central Vacuum
Fireplace 1
Heating Type Forced Air, Heat Pump
Cooling Air Conditioning
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
View Description Greenbelt
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,390,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2080
Year Built 1992
Age Of Building 34
Building Type Single Family Residence
Property Type Residential
Stories 2
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 Additional Parking, Front Access, Concrete
Total Parking Spaces 2
Rental Suites None

Lot & Land

Lot Size 3947.96
Lot Size Depth Feet
Lot Size Frontage 39.69
MLS® # R3144584
Area Richmond
Neighbourhood Hamilton RI
City Richmond
Postal Code V6V 2P2
Gross Taxes $4,433.27
Zoning RSM/M

Property Timeline

Status Date Price
R3144584 / Active 07-09-2026 $1,390,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'0 x 12'0 ft
Main Level Dining Room 12'0 x 12'0 ft
Main Level Laundry 9'3 x 9'3 ft
Main Level Kitchen 11'5 x 11'5 ft
Main Level Nook 7'9 x 7'9 ft
Main Level Family Room 11'10 x 11'10 ft
Above Level Primary Bedroom 19'2 x 19'2 ft
Above Level Bedroom 12'8 x 12'8 ft
Above Level Bedroom 10'1 x 10'1 ft
Above Level Bedroom 9'8 x 9'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #3
Above Level No #4

Listed by: RE/MAX Crest 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 & Neighbourhood

Public Schools

Secondary
Matthew McNair Secondary School
Average 10.42 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 1.24 km 10/10
Elementary,Secondary
Choice School For Gifted Children
Above Average 1.24 km 10/10

Closest Transit

Bus Stop
Westbound Westminster Hwy @ Hwy 91
0.52 km
Skytrain
Skytrain @ 22Nd St Stn
3.66 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
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

41 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $1,223,200
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.66 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How HAMILTON RI compares
This property
54 DOM
Slower than area
Hamilton RI avg
42 DOM
Average
Richmond avg
42 DOM
Faster market

5591 Oliver Drive has a sell-speed score of 41/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 12% above comparable active properties in Hamilton RI. 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 could take longer than the area average to sell.

Climate Risk for V6V 2P2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6V 2P2, 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 (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~4.7 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 (1 nearby)

  • Happy break cafe · 902 m · Restaurant

Transit (1 nearby)

  • Bus stop northbound graybar rd @ westminster hwy · 986 m · Transit

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Hamilton Elementary

Public

Grades Served

Catchment Info

6.8 / 10

Distance

1.01 KM

Choice School For Gifted Children

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

1.24 KM

Fraser Park Secondary School Program

Public

Grades Served

Catchment Info

0

Distance

1.52 KM

Ahmadiyya Muslim School

Independent

Grades Served

Catchment Info

0

Distance

2.77 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-4

Catchment Info

6.5 / 10

Distance

2.84 KM

Our Lady of Mercy

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

2.87 KM

Pre-computed routes from 5591 Oliver Dr, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via 22nd Street → Waterfront
    72 min
  • Metrotown, Burnaby via 22nd Street → Metrotown
    54 min
  • SFU Burnaby via 22nd Street → Production Way
    60 min
  • Richmond Centre via 22nd Street → Brighouse
    97 min
  • YVR Airport via 22nd Street → YVR-Airport
    98 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    19 min
  • Metrotown, Burnaby via Lougheed Hwy
    7 min
  • SFU Burnaby via Gaglardi Way
    12 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    18 min

Calculate your commute

5591 Oliver Dr, Richmond, BC is ideally located for commuters. The property is 3.7 km from 22nd Street, with a 72 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Westminster Hwy @ Hwy 91 (0.52 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 5591 Oliver Drive

Walk Score Badge
Car-Dependent 49

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 5591 Oliver Drive

/month
Principal & Interest
Property Taxes $369
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $5,678/month in total housing costs on this $1,390,000 property — $5,309 mortgage payment, $369 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $4,040/month estimated rent and $5,855/month in total housing costs, this property has a -$1,815/month cashflow. Break-even down payment: approximately 48%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5591 Oliver Drive, Richmond

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — Hamilton RI, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $1,390,000
Richmond Loading...
Hamilton RI Loading...

Based on 5 comparable active Single Family Residences in Hamilton RI, the average asking price is $1,240,667. This listing is priced 12% above the neighbourhood average. This property is flagged as a Hot Deal (Motivated Sellers, 6.7% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 5591 Oliver Drive

Walk Score Badge
Car-Dependent 49

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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