603 7008 River Parkway, Richmond BC V6X 0R1 – Condo for Sale – MLS® R3135570

603 7008 River Parkway, Richmond, British Columbia V6X 0R1

153 days on the market
$549,000
Est. monthly cost $2,760/mo
Updated with MLS® -
1 Beds
1 Baths
546 sqft
1005 $ /sqft
405.73 $ Maint. fee
2016 built
12.3% price reduction
153 days on the market
$549,000
$626,000
Est. $2,760/mo with 20% down
Updated with MLS® -

Property Details for 603 7008 River Parkway

12.3% price reduction

Enjoy riverside living at RIVA3 by award-winning Onni Group! Central location, walking distance to skytrain station, T&T Supermarket, Real Canadian Superstore, Lansdown mall, Olympic Oval and much more. This spacious RIVER facing Air-Conditioned 1 bedroom home, with a big balcony, features modern finishings including engineering hardwood flooring, soft-close wood cabinetry, composite stone countertops with extended breakfast bar, premium stainless steel appliances. Stay active close to home with 12,000 sq ft of private amenity space featuring a fitness centre, game room, party room, indoor pool with hot tub and sauna and more. 1 parking+1 locker! Excellent school catchment - Richmond Secondary &Bridge Elementary. A Must see beautiful unit.

Building Details

Price $549,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 546
Year Built 2016
Age Of Building 10
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $405.73
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Trash Compactor, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Forced Air, Radiant
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Foundation Block

Exterior Features

Exterior Features Garden, Balcony
View Description river
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3135570
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6X 0R1
Gross Taxes $1,705.51
Zoning RAH2

Property Timeline

Status Date Price
R3135570 / Active 06-12-2026 $549,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'2 x 11'2 ft
Main Level Kitchen 11'9 x 11'9 ft
Main Level Bedroom 9'3 x 9'3 ft
Main Level Walk-In Closet 5'9 x 5'9 ft
Main Level Bar Room 7' x 7' ft
Main Level Patio 21'5 x 21'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Luxmore 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.

About the building: Riva 3

7008 River Parkway, Brighouse, Richmond

Riva 3 building details

Building

Built
2017
Homes
166 in 6 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPS3584
Managed by
Rancho
Parking
Visitor Parking, Garage: Underground, Garage Underbuilding
Lockers
Limited
Strata fee covers
Snow removalRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Riva 3

For sale
6
Median ask
$703K
Median $/sqft
$822
Days on market
111
Sold, past year
7
This home

$1,005/sqft, 22.3% above the building median of $822.

  • Structural warranty runs to 2027 under BC's 2-5-10 new-home warranty.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.58 km · crime average · sell-speed score 57/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (147 nearby)

  • Wasuta pasta · 209 m · Restaurant
  • Co'm vietnamese · 294 m · Restaurant
  • Syu japanese cuisine & sushi bar · 312 m · Restaurant

Shopping (84 nearby)

  • Scotiabank · 221 m · Bank
  • So'o salon · 292 m · Hairdresser
  • Rbc · 297 m · Bank

Cafes (30 nearby)

  • Big rock café · 326 m · Cafe
  • Coco fresh tea & juice · 368 m · Cafe
  • Penguin bros. · 401 m · Cafe

Groceries (22 nearby)

  • Izumiya japanese marketplace · 419 m · Supermarket
  • Real canadian superstore · 507 m · Supermarket
  • Big crazy supermarket · 538 m · Supermarket

Healthcare (8 nearby)

  • Shoppers drug mart · 475 m · Healthcare
  • Oval integrative pharmacy · 524 m · Healthcare
  • Minoru pharmacy · 765 m · Healthcare

Gyms (5 nearby)

  • Q1 billiards · 648 m · Gym
  • V-zone tactical laser tag · 684 m · Gym
  • Top 147 snooker · 697 m · Gym

Transit (3 nearby)

  • Skytrain @ lansdowne stn station · 578 m · Transit
  • Skytrain @ aberdeen stn station · 984 m · Transit
  • Bus stop eastbound lansdowne rd @ cooney rd · 997 m · Transit

Parks & Recreation (1 nearby)

  • X hoop basketball gym · 425 m · Pitch

Public Schools

Elementary
Samuel Brighouse Elementary School
Above Average 1.27 km 7.3/10

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

Private Schools

Elementary
Pythagoras Academy
Above Average 1.3 km 8.4/10
Secondary
Maple Hill School
Average 1.26 km 5.6/10

Closest Transit

Bus Stop
Westbound Elmbridge Way @ Gilbert Rd
0.5 km
Skytrain
Skytrain @ Lansdowne Stn
0.58 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 33.8%
No Certificate/Degree
Average 13%
Owner Occupied
Below Average 55%
Employment Rate
Average 54.5%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

57 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $526,819
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.58 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Possible — near airport
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BRIGHOUSE compares
This property
153 DOM
Slower than area
Brighouse avg
52 DOM
Average
Richmond avg
52 DOM
Faster market

603 7008 River Parkway has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4.2% above comparable active properties in Brighouse. The local market is currently a Balanced Market with a sales-to-active ratio of 12.1% and an area average of 52 days on market — conditions are balanced. With 919 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 V6X 0R1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6X 0R1, 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. Nearest station: Vancouver International Airport #2, Richmond (~1.2 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

22 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Station Stretch

Public

Grades Served

4, 8-12

Catchment Info

—
4.2 / 10

Distance

309 m

Maple Hill School

Independent

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

1.26 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.3 / 10

Distance

1.27 KM

Pythagoras Academy

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

1.30 KM

Virtuelle

Public

Grades Served

—

Catchment Info

—
N/A

Distance

1.35 KM

City Vancouver Academy

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

1.50 KM

Continuing Ed SD 38

Public

Grades Served

—

Catchment Info

—
2.6 / 10

Distance

1.56 KM

William Cook Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.69 KM

Richmond Secondary

Public

Grades Served

—

Catchment Info

—
8.1 / 10

Distance

1.73 KM

Archibald Blair Elementary

Public

Grades Served

—

Catchment Info

—
8.5 / 10

Distance

2.07 KM

Tomsett Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

2.09 KM

General Currie Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.5 / 10

Distance

2.18 KM

R. C. Talmey Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.24 KM

J.N. Burnett Secondary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

2.25 KM

Henry Anderson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.26 KM

Donald E McKay Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.47 KM

Blundell Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.51 KM

W D Ferris Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.54 KM

A.R. MacNeill Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

2.54 KM

R C Palmer Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.6 / 10

Distance

2.72 KM

James Thompson Elementary

Public

Grades Served

—

Catchment Info

—
7.9 / 10

Distance

2.73 KM

St.Paul School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

2.74 KM

Pre-computed routes from 603 7008 River Parkway, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Lansdowne → Waterfront
    33 min
  • Metrotown, Burnaby via Lansdowne → Metrotown
    51 min
  • SFU Burnaby via Lansdowne → Production Way
    58 min
  • Richmond Centre via Lansdowne → Brighouse
    12 min
  • YVR Airport via Lansdowne → YVR-Airport
    21 min

By car (off-peak)

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

Calculate your commute

603 7008 River Parkway, Richmond, BC is ideally located for commuters. The property is 0.6 km from Lansdowne, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Elmbridge Way @ Gilbert Rd (0.5 km). Walk Score Transit rating: Excellent Transit (73/100).

Walkability & Transit Near 603 7008 River Parkway

Walk Score Badge
Very Walkable 82

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 87

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,760/month · rent estimate $2,127/month · owning catches up with renting by year 4 · cash flow if rented −$793/month

Mortgage Calculator for 603 7008 River Parkway

30-year fixed
$2,760 /month
Principal & Interest $2,212
Property Taxes $142
Maintenance fee $406

The estimated monthly cost of 603 7008 River Parkway, Richmond is $2,760: $2,212 principal and interest with 20% down over 30 years at 4.45%, plus $142 property tax and $406 strata fee.

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

−$793 /month
Mortgage Payment $2,212
Monthly Cash Flow −$793
Break Even Down Payment 49%
Cap Rate -1.7%
Cash on Cash -8.7%

If 603 7008 River Parkway, Richmond were rented at $2,127 a month with 5% vacancy, it would fall $793 a month short of the mortgage and carrying costs; about 49% 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 603 7008 River Parkway, Richmond

$2,127 / month
Rent $2,127
Own $2,760
Principal: $712/mo Interest, tax, insurance, fees: $2,048/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$596/mo (year 1) → ~$1,385/mo (year 20) → ~$2,066/mo (year 29).

Net cost to own at year 5 ~$2,048/mo About $79/mo less than renting

EstateBlock estimates 603 7008 River Parkway, Richmond would rent for about $2,127 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: 603 7008 River Parkway

Rent vs own

Owning catches up by year 4

With 20% down ($109,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $39,139
Principal paid off by year 10 $88,010

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 603 7008 River Parkway, Richmond is cheaper at first, but owning catches up by year 4, with $39,139 of principal paid off by year 5 and $88,010 by year 10.

Price vs Neighbourhood Average — Brighouse, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $549,000
Richmond Loading...
Brighouse Loading...

Based on 75 comparable active apartments/condos in Brighouse, the average asking price is $526,819. This listing is priced 4.2% above the neighbourhood average. This property is flagged as a Hot Deal (12.3% 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 Greater Vancouver REALTORS® 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 603 7008 River Parkway

Walk Score Badge
Very Walkable 82

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 87

Bike Score - Very Bikeable

Biking is convenient for most trips

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