Home Richmond, BC Broadmoor 7340 Schaefer Avenue

7340 Schaefer Ave, Richmond BC - Single Family Residence for Sale - MLS# R3166758

18 days on the market

$1,699,000

Est. Mortgage $7,516/mo

Listing updated: Sep 17, 2026 at 12:34pm

EstateBlock checked: Oct 3, 2026 at 06:45pm

4 Beds

3 Baths

2276 sqft

746 $ /sqft

1976 built

18 days on the market

$1,699,000

Est. $7,516/mo with 20% down

Listing updated: Sep 17, 2026 at 12:34pm

EstateBlock checked: Oct 3, 2026 at 06:45pm

Photos

Exterior Front Photo of 7340 Schaefer Avenue, Richmond, BC

Exterior Rear Photo of 7340 Schaefer Avenue, Richmond, BC

Living Room Photo of 7340 Schaefer Avenue, Richmond, BC

Family Room Photo of 7340 Schaefer Avenue, Richmond, BC

Dining Area Photo of 7340 Schaefer Avenue, Richmond, BC

Kitchen Photo of 7340 Schaefer Avenue, Richmond, BC

Kitchen Island Photo of 7340 Schaefer Avenue, Richmond, BC

Pantry Photo of 7340 Schaefer Avenue, Richmond, BC

Breakfast Nook Photo of 7340 Schaefer Avenue, Richmond, BC

Primary Bedroom Photo of 7340 Schaefer Avenue, Richmond, BC

Primary Bathroom Photo of 7340 Schaefer Avenue, Richmond, BC

Walk-In Closet Photo of 7340 Schaefer Avenue, Richmond, BC

Bedroom 2 Photo of 7340 Schaefer Avenue, Richmond, BC

Bedroom 3 Photo of 7340 Schaefer Avenue, Richmond, BC

Bedroom 4 Photo of 7340 Schaefer Avenue, Richmond, BC

Guest Bathroom Photo of 7340 Schaefer Avenue, Richmond, BC

Powder Room Photo of 7340 Schaefer Avenue, Richmond, BC

Office / Den Photo of 7340 Schaefer Avenue, Richmond, BC

Loft / Bonus Room Photo of 7340 Schaefer Avenue, Richmond, BC

Basement Recreation Room Photo of 7340 Schaefer Avenue, Richmond, BC

Laundry Room Photo of 7340 Schaefer Avenue, Richmond, BC

Mudroom Photo of 7340 Schaefer Avenue, Richmond, BC

Entry Foyer Photo of 7340 Schaefer Avenue, Richmond, BC

Exceptional opportunity in the highly sought-after Broadmoor neighbourhood! Situated on a quiet 60' x 117' lot with a sunny south-facing backyard, this property offers excellent redevelopment potential for builders, investors, or families looking to build their dream home. Zoned RSM/L with Small-Scale Multi-Unit Housing potential (Buyer to verify with the City of Richmond). The existing 4-bedroom, 3-bathroom home, requires significant TLC and is being sold as is, where is. Conveniently located just a 5-minute walk to transit and a 3 minute drive to Richlea Shopping Centre, Broadmoor Village, South Arm Community Centre, groceries, restaurants, and amenities. Located within the desirable Ferris Elementary and Richmond Secondary catchments, this is a rare opportunity in a prime location.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	1
Heating Type	Forced Air
# of Kitchens	1
Flooring	Tile, Vinyl, Carpet
Foundation	Concrete Perimeter

Exterior Features

Roof	Wood
Structures	Residential Detached

Building Details

Price	$1,699,000
Total Bedrooms	4
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	2276
Year Built	1976
Age Of Building	50
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Front Access, Garage Door Opener
Total Parking Spaces	4
Rental Suites	None

Lot & Land

Lot Size	7020
Lot Size Depth	Feet
Lot Size Frontage	60
MLS^® #	R3166758
Area	Richmond
Neighbourhood	Broadmoor
City	Richmond
Postal Code	V6Y 2X7
Gross Taxes	$6,675.53
Zoning	RSM/L

Property Timeline

Status	Date	Price
R3166758 / Active	09-16-2026	$1,699,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	8'3 x 8'3 ft
Main Level	Dining Room	9'9 x 9'9 ft
Main Level	Eating Area	6'9 x 6'9 ft
Main Level	Living Room	18'3 x 18'3 ft
Main Level	Family Room	21' x 21' ft
Main Level	Bedroom	9'7 x 9'7 ft
Main Level	Laundry	6'8 x 6'8 ft
Above Level	Primary Bedroom	12'11 x 12'11 ft
Above Level	Bedroom	10'5 x 10'5 ft
Above Level	Eating Area	10'5 x 10'5 ft
Above Level	Walk-In Closet	7'11 x 7'11 ft
Above Level	Bedroom	10'5 x 10'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Above Level	Yes	#3
Above Level	No	#3

Listed by: Grand Central 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

Elementary
W D Ferris Elementary School: Above Average 0.56 km 8/10

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

Private Schools

Elementary
St.Paul School: Above Average 1.11 km 8.4/10
Secondary
Maple Hill School: Average 2.2 km 5.6/10

Closest Transit

Bus Stop
Northbound Gilbert Rd @ Francis Rd: 0.18 km
Skytrain
Skytrain @ Brighouse Stn: 2.16 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 36.2%
No Certificate/Degree: Average 13.2%
Owner Occupied: Below Average 53.1%
Employment Rate: Above Average 71.9%

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

39 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,738,077

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.16 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 BROADMOOR compares

This property

18 DOM

Very fast

Broadmoor avg

44 DOM

Average

Richmond avg

44 DOM

Slower market

7340 Schaefer Avenue has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 2.3% below comparable active properties in Broadmoor, which is a strong competitive signal. 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 V6Y 2X7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Y 2X7, 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 4.3 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Richmond South, Richmond (~2.8 km). Annual avg AQHI 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

Shopping (7 nearby)

Chateau quality drycleaners · 190 m · Laundry
Professional skin care beauty centre · 671 m · Beauty Shop
Courtesy cleaners · 672 m · Laundry

Restaurants (2 nearby)

Dairy queen · 666 m · Fast Food
Pizza hut · 672 m · Restaurant

Healthcare (2 nearby)

Healthplus pharmacy · 674 m · Healthcare
Shoppers drug mart · 997 m · Healthcare

Parks & Recreation (1 nearby)

Park lane park playground · 765 m · Playground

Transit (1 nearby)

Bus stop northbound no. 2 rd @ francis rd · 987 m · Transit

Schools NearBy

37 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
W D Ferris Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	8.0 / 10	Distance 556 m
John T Errington Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 687 m
Errington Learning Centre	Public	Grades Served —	Catchment Info —	8.3 / 10	Distance 700 m
Blundell Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 812 m
St.Paul School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 1.11 KM
Steveston-London Secondary School	Public	Grades Served 8-12	Catchment Info —	8.1 / 10	Distance 1.17 KM
R C Palmer Secondary School	Public	Grades Served 8-12	Catchment Info —	7.6 / 10	Distance 1.27 KM
Maple Lane Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.31 KM
des Navigateurs	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.33 KM
General Currie Elementary School	Public	Grades Served K-7	Catchment Info —	6.5 / 10	Distance 1.37 KM
Richmond Secondary	Public	Grades Served —	Catchment Info —	8.1 / 10	Distance 1.38 KM
Garden City Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 1.45 KM
Jessie Wowk Elementary School	Public	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 1.49 KM
Continuing Ed SD 38	Public	Grades Served —	Catchment Info —	2.6 / 10	Distance 1.62 KM
William Bridge Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.64 KM
Hugh McRoberts Secondary School	Public	Grades Served 8-12	Catchment Info —	8.0 / 10	Distance 1.71 KM
Walter Lee Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.87 KM
Donald E McKay Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 1.89 KM
Howard De Beck Elementary	Public	Grades Served —	Catchment Info —	7.7 / 10	Distance 1.93 KM
James McKinney Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 1.93 KM
Samuel Brighouse Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.95 KM
James Whiteside Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.07 KM
Virtuelle	Public	Grades Served —	Catchment Info —	N/A	Distance 2.13 KM
Ark Elementary Montessori Reggio School	Independent	Grades Served —	Catchment Info —	N/A	Distance 2.19 KM
Maple Hill School	Independent	Grades Served —	Catchment Info —	5.6 / 10	Distance 2.20 KM
William Cook Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.22 KM
R M Grauer Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.26 KM
St Joseph the Worker	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.26 KM
Archibald Blair Elementary	Public	Grades Served —	Catchment Info —	8.5 / 10	Distance 2.36 KM
Matthew McNair Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.40 KM
Hugh Boyd Secondary School	Public	Grades Served 8-12	Catchment Info —	6.8 / 10	Distance 2.44 KM
J.N. Burnett Secondary	Public	Grades Served —	Catchment Info —	8.0 / 10	Distance 2.47 KM
Westwind Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.53 KM
Henry Anderson Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.60 KM
John G Diefenbaker Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 2.60 KM
A.R. MacNeill Secondary School	Public	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.82 KM
Alfred B Dixon Elementary	Public	Grades Served —	Catchment Info —	7.4 / 10	Distance 2.82 KM

Pre-computed routes from 7340 Schaefer Ave, Richmond, BC

7340 Schaefer Ave, Richmond, BC Brighouse 2.2 km

54 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brighouse → Waterfront
54 min
Metrotown, Burnaby via Brighouse → Metrotown
72 min
SFU Burnaby via Brighouse → Production Way
79 min
Richmond Centre
29 min
YVR Airport via Brighouse → YVR-Airport
42 min

By car (off-peak)

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

Calculate your commute

7340 Schaefer Ave, Richmond, BC is ideally located for commuters. The property is 2.2 km from Brighouse, with a 54 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Gilbert Rd @ Francis Rd (0.18 km). Walk Score Transit rating: Some Transit (43/100).

Walkability & Transit Near 7340 Schaefer Avenue

Car-Dependent 48

Walk Score - Car-Dependent

Most errands require a car

Some Transit 43

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 7340 Schaefer Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $556

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $7,045/month in total housing costs on this $1,699,000 property — $6,489 mortgage payment, $556 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: Sep 17, 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

Based on $4,280/month estimated rent and $7,221/month in total housing costs, this property has a -$2,941/month cashflow. Break-even down payment: approximately 57%.

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

Estateblock Rent Estimate for 7340 Schaefer Avenue, 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.