72 5531 Cornwall Dr, Richmond BC V7C 5N7 – Townhouse for Sale – MLS® R3151595

72 5531 Cornwall Drive, Richmond, British Columbia V7C 5N7

105 days on the market
$1,568,000
Est. monthly cost $7,461/mo
Updated with MLS® -
Quilchena Green
3 Beds
4 Baths
2370 sqft
662 $ /sqft
700.26 $ Maint. fee
1992 built
105 days on the market
$1,568,000
Est. $7,461/mo with 20% down
Updated with MLS® -

Property Details for 72 5531 Cornwall Drive

Welcome to Quilchena Green - a highly sought-after, 55 + gated townhouse community. This beautiful townhome offers the perfect blend of comfort and convenience with two spacious primary suites, one conveniently located on the main floor. The inviting living room boasts vaulted ceilings with stunning accent beams, creating an airy and bright atmosphere, while a cozy fireplace adds warmth and charm. The foyer entry also features vaulted ceilings, enhancing the open, spacious feel of the home. Highlights include a brand new A/C installed this year and a private driveway offering parking for two vehicles, ensuring ample space for residents and guests alike. Don't miss out on this exceptional opportunity to own in Quilchena Green.

Building Details

Price $1,568,000
Total Bedrooms 3
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2370
Year Built 1992
Age Of Building 34
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Trash, Maintenance Grounds, Management
Building Name Quilchena Green
Ownership Type Freehold Strata
Maintenance Fee $700.26
Community Features Adult Oriented
Amenities Nearby Trash, Maintenance Grounds, Management
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Double, Front Access
Total Parking Spaces 4
Strata Restrictions Age Restrictions,Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Age Restricted 55+
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Units In Development 91

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Radiant
Cooling Air Conditioning
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Attached

Lot & Land

Lot Size Depth Feet
MLS® # R3151595
Area Richmond
Neighbourhood Terra Nova
City Richmond
Postal Code V7C 5N7
Gross Taxes $5,298.4
Zoning RTL1

Property Timeline

Status Date Price
R3151595 / Active 07-30-2026 $1,568,000
to view full Property History (3 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 12'3 x 12'3 ft
Main Level Dining Room 11'3 x 11'3 ft
Main Level Kitchen 9'5 x 9'5 ft
Main Level Family Room 16'9 x 16'9 ft
Main Level Laundry 7'5 x 7'5 ft
Main Level Primary Bedroom 14'7 x 14'7 ft
Main Level Foyer 6'11 x 6'11 ft
Above Level Primary Bedroom 13'5 x 13'5 ft
Above Level Walk-In Closet 7'2 x 7'2 ft
Above Level Bedroom 13'2 x 13'2 ft
Above Level Walk-In Closet 8'5 x 8'5 ft
Main Level Walk-In Closet 7'11 x 7'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #2
Above Level Yes #4
Above Level Yes #4

Listed by: Royal Pacific Realty Corp.

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: Quilchena Green

5531 Cornwall Drive, Terra Nova, Richmond

Quilchena Green building details

Building

Built
1992
Homes
91
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
LMS423
Managed by
Colyvan Pacific
Parking
Visitor Parking, Other, Garage: Double
Lockers
Limited
Strata fee covers
Recreation FacilityManagementGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 1
Rentals
Allowed

Market at Quilchena Green

For sale
2
Median ask
$1.54M
Median $/sqft
$641
Days on market
81
Sold, past year
2
This home

$662/sqft, 3.3% above the building median of $641.

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

Map, sell speed & climate

SkyTrain 2.35 km · crime average · sell-speed score 53/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (7 nearby)

  • Terra nova hair · 419 m · Hairdresser
  • Younger nails · 428 m · Beauty Shop
  • The ups store · 434 m · Post Office

Restaurants (6 nearby)

  • Shanghai dumpling king · 412 m · Restaurant
  • Pizza hut · 415 m · Restaurant
  • Lucky hong kong restaurant · 456 m · Restaurant

Groceries (2 nearby)

  • Save-on-foods · 408 m · Supermarket
  • Terra nova liquor store · 432 m · Beverages

Cafes (2 nearby)

  • Presotea · 439 m · Cafe
  • L'aromas coffee terra nova · 467 m · Cafe

Healthcare (1 nearby)

  • Pharmachoice · 555 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound westminster hwy @ riverdale dr · 981 m · Transit

Public Schools

Elementary
Spul'u'kwuks Elementary School
Above Average 0.31 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 3.64 km 8.2/10
Secondary
Maple Hill School
Average 3.9 km 5.6/10

Closest Transit

Bus Stop
Southbound No. 1 Rd @ Westminster Hwy
0.57 km
Skytrain
Skytrain @ Yvr-Airport Stn
2.35 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

53 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $1,491,667
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.35 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
105 DOM
Slower than area
Terra Nova avg
44 DOM
Average
Richmond avg
44 DOM
Faster market

72 5531 Cornwall Drive has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.1% above comparable active properties in Terra Nova. The local market is currently a Balanced Market with a sales-to-active ratio of 16.7% and an area average of 44 days on market — conditions are balanced. With 353 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 V7C 5N7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7C 5N7, 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 (~2.9 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

9 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

311 m

James Thompson Elementary

Public

Grades Served

—

Catchment Info

—
7.9 / 10

Distance

833 m

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

1.60 KM

J.N. Burnett Secondary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

1.61 KM

Archibald Blair Elementary

Public

Grades Served

—

Catchment Info

—
8.5 / 10

Distance

1.75 KM

Donald E McKay Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.18 KM

R M Grauer Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.1 / 10

Distance

2.20 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

2.77 KM

Pre-computed routes from 72 5531 Cornwall Dr, Richmond, BC

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

72 5531 Cornwall Dr, Richmond, BC is ideally located for commuters. The property is 2.4 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 (0.57 km). Walk Score Transit rating: Some Transit (33/100).

Walkability & Transit Near 72 5531 Cornwall Drive

Walk Score Badge
Somewhat Walkable 54

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 59

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $7,461/month · rent estimate $4,158/month · owning catches up with renting by year 29 · cash flow if rented −$3,563/month

Mortgage Calculator for 72 5531 Cornwall Drive

30-year fixed
$7,461 /month
Principal & Interest $6,319
Property Taxes $442
Maintenance fee $700

The estimated monthly cost of 72 5531 Cornwall Drive, Richmond is $7,461: $6,319 principal and interest with 20% down over 30 years at 4.45%, plus $442 property tax and $700 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

−$3,563 /month
Mortgage Payment $6,319
Monthly Cash Flow −$3,563
Break Even Down Payment 66%
Cap Rate -2.7%
Cash on Cash -13.6%

If 72 5531 Cornwall Drive, Richmond were rented at $4,158 a month with 5% vacancy, it would fall $3,563 a month short of the mortgage and carrying costs; about 66% 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 72 5531 Cornwall Drive, Richmond

$4,158 / month
Rent $4,158
Own $7,461
Principal: $2,032/mo Interest, tax, insurance, fees: $5,429/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,701/mo (year 1) → ~$3,956/mo (year 20) → ~$5,901/mo (year 29).

Net cost to own at year 5 ~$5,429/mo About $1,271/mo more than renting

EstateBlock estimates 72 5531 Cornwall Drive, Richmond would rent for about $4,158 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: 72 5531 Cornwall Drive

Rent vs own

Owning catches up by year 29

With 20% down ($313,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $111,784
Principal paid off by year 10 $251,366

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 72 5531 Cornwall Drive, Richmond is cheaper at first, but owning catches up by year 29, with $111,784 of principal paid off by year 5 and $251,366 by year 10.

Price vs Neighbourhood Average — Terra Nova, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $1,568,000
Richmond Loading...
Terra Nova Loading...

Based on 6 comparable active townhouses in Terra Nova, the average asking price is $1,491,667. This listing is priced 5.1% above the neighbourhood average.

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 72 5531 Cornwall Drive

Walk Score Badge
Somewhat Walkable 54

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 59

Bike Score - Bikeable

Some bike infrastructure

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