7480 Schaefer Ave, Richmond BC - Single Family Residence for Sale - MLS# R3167449

5 days on the market
$1,668,000
Est. Mortgage $7,379/mo
Listing updated:
EstateBlock checked:
4 Beds
2 Baths
1904 sqft
876 $ /sqft
1975 built
NEW
5 days on the market
$1,668,000
Est. $7,379/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 7480 Schaefer Avenue

Incredibly priced at $1,668,000 for this 1,904 sq.ft., 4-bedroom, 2-bath, 1975-built rancher on a 7,195 sq.ft. (61. 5’ x 117’) lot with sunny, south-facing backyard. Located north of Francis Rd, neighbouring prestigious Sunnymede in central Richmond. Ferris Elementary & Richmond High catchment. First time on market since 1996. With some basic upgrades, home will be perfect for starting, retiring or investment. Better yet, under Small-Scale Multi-Unit Housing (SSMHU) zoning, redevelop (without rezoning) into 3–4 units, up to a total of 4,519.5 sq.ft.. Preferred completion November 16, 2026.

Interior Features

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

Exterior Features

Roof Wood
Structures Residential Detached

Building Details

Price $1,668,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1904
Year Built 1975
Age Of Building 51
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Double, Front Access
Total Parking Spaces 4

Lot & Land

Lot Size 7195
Lot Size Depth Feet
Lot Size Frontage 61.5
MLS® # R3167449
Area Richmond
Neighbourhood Broadmoor
City Richmond
Postal Code V6Y 2W8
Gross Taxes $6,889.57
Zoning RS1/E

Property Timeline

Status Date Price
R3167449 / Active 09-16-2026 $1,668,000
Rooms
Floor Type Dimensions
Main Level Living Room 18'11 x 18'11 ft
Main Level Dining Room 11'5 x 11'5 ft
Main Level Kitchen 11'7 x 11'7 ft
Main Level Eating Area 9'11 x 9'11 ft
Main Level Family Room 18'5 x 18'5 ft
Main Level Primary Bedroom 13'4 x 13'4 ft
Main Level Walk-In Closet 6'0 x 6'0 ft
Main Level Bedroom 13'1 x 13'1 ft
Main Level Bedroom 10'10 x 10'10 ft
Main Level Bedroom 10'8 x 10'8 ft
Main Level Foyer 14'0 x 14'0 ft
Main Level Laundry 8'1 x 8'1 ft
Main Level Other 12'0 x 12'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #5

Listed by: RE/MAX Westcoast & RE/MAX Westcoast

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 0.55 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 1.01 km 8.4/10
Secondary
Maple Hill School
Average 2.16 km 5.6/10

Closest Transit

Bus Stop
Northbound Gilbert Rd @ Francis Rd
0.29 km
Skytrain
Skytrain @ Brighouse Stn
2.13 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

31 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $1,471,176
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.13 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
5 DOM
Very fast
Broadmoor avg
44 DOM
Average
Richmond avg
44 DOM
Slower market

7480 Schaefer Avenue has a sell-speed score of 31/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 11.8% above comparable active properties in Broadmoor. 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 2W8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Y 2W8, 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 (~2.7 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 (5 nearby)

  • Chateau quality drycleaners · 293 m · Laundry
  • Professional skin care beauty centre · 557 m · Beauty Shop
  • Courtesy cleaners · 558 m · Laundry

Restaurants (2 nearby)

  • Dairy queen · 551 m · Fast Food
  • Pizza hut · 558 m · Restaurant

Healthcare (1 nearby)

  • Healthplus pharmacy · 560 m · Healthcare

Parks & Recreation (1 nearby)

  • Park lane park playground · 860 m · Playground

Transit (1 nearby)

  • Bus stop eastbound williams rd @ dunoon dr · 984 m · Transit

Schools NearBy

38 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

553 m

John T Errington Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

671 m

Errington Learning Centre

Public

Grades Served

Catchment Info

8.3 / 10

Distance

676 m

Blundell Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

884 m

St.Paul School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

1.01 KM

R C Palmer Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

1.17 KM

Steveston-London Secondary School

Public

Grades Served

8-12

Catchment Info

8.1 / 10

Distance

1.21 KM

Maple Lane Elementary School

Public

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

1.29 KM

General Currie Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

1.29 KM

Garden City Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

1.34 KM

Richmond Secondary

Public

Grades Served

Catchment Info

8.1 / 10

Distance

1.36 KM

des Navigateurs

Public

Grades Served

Catchment Info

7.3 / 10

Distance

1.44 KM

William Bridge Elementary School

Public

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

1.58 KM

Continuing Ed SD 38

Public

Grades Served

Catchment Info

2.6 / 10

Distance

1.59 KM

Jessie Wowk Elementary School

Public

Grades Served

K-7

Catchment Info

8.5 / 10

Distance

1.59 KM

Hugh McRoberts Secondary School

Public

Grades Served

8-12

Catchment Info

8.0 / 10

Distance

1.62 KM

Walter Lee Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.76 KM

Howard De Beck Elementary

Public

Grades Served

Catchment Info

7.7 / 10

Distance

1.82 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.97 KM

James Whiteside Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

1.98 KM

Donald E McKay Elementary School

Public

Grades Served

K-7

Catchment Info

7.9 / 10

Distance

1.98 KM

James McKinney Elementary School

Public

Grades Served

K-7

Catchment Info

8.2 / 10

Distance

2.02 KM

Virtuelle

Public

Grades Served

Catchment Info

0

Distance

2.09 KM

William Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.15 KM

Maple Hill School

Independent

Grades Served

Catchment Info

5.6 / 10

Distance

2.16 KM

Ark Elementary Montessori Reggio School

Independent

Grades Served

Catchment Info

0

Distance

2.16 KM

Matthew McNair Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.29 KM

R M Grauer Elementary School

Public

Grades Served

K-7

Catchment Info

6.1 / 10

Distance

2.37 KM

St Joseph the Worker

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

2.37 KM

Archibald Blair Elementary

Public

Grades Served

Catchment Info

8.5 / 10

Distance

2.44 KM

Henry Anderson Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.52 KM

J.N. Burnett Secondary

Public

Grades Served

Catchment Info

8.0 / 10

Distance

2.55 KM

Hugh Boyd Secondary School

Public

Grades Served

8-12

Catchment Info

6.8 / 10

Distance

2.56 KM

Westwind Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

2.60 KM

John G Diefenbaker Elementary School

Public

Grades Served

K-7

Catchment Info

8.2 / 10

Distance

2.71 KM

A.R. MacNeill Secondary School

Public

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

2.73 KM

Alfred B Dixon Elementary

Public

Grades Served

Catchment Info

7.4 / 10

Distance

2.94 KM

Station Stretch

Public

Grades Served

4, 8-12

Catchment Info

4.2 / 10

Distance

3.00 KM

Pre-computed routes from 7480 Schaefer Ave, Richmond, BC

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

7480 Schaefer Ave, Richmond, BC is ideally located for commuters. The property is 2.1 km from Brighouse, with a 54 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Gilbert Rd @ Francis Rd (0.29 km). Walk Score Transit rating: Some Transit (43/100).

Walkability & Transit Near 7480 Schaefer Avenue

Walk Score Badge
Car-Dependent 48

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 43

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 7480 Schaefer Avenue

/month
Principal & Interest
Property Taxes $574
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $6,945/month in total housing costs on this $1,668,000 property — $6,371 mortgage payment, $574 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 $4,202/month estimated rent and $7,118/month in total housing costs, this property has a -$2,916/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 7480 Schaefer Avenue, 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 — Broadmoor, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $1,668,000
Richmond Loading...
Broadmoor Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Richmond, similar Single Family Residences average $1,492,333 across 8 active listings — this listing is 11.8% above the Richmond 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

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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 7480 Schaefer Avenue

Walk Score Badge
Car-Dependent 48

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 43

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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