Home Richmond, BC Seafair 8531 Fairfax Crescent

8531 Fairfax Cres, Richmond BC - Single Family Residence for Sale - MLS# R3020481

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Listing updated: Sep 26, 2025 at 01:34am

EstateBlock checked: Sep 18, 2026 at 09:25pm

Seafair

6 Beds

6 Baths

3526 sqft

1100 $ /sqft

2025 built

Closed

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This property sold for

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Listing updated: Sep 26, 2025 at 01:34am

EstateBlock checked: Sep 18, 2026 at 09:25pm

Photo

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Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Hugh Boyd Secondary School: 1.23 km
Elementary
James Gilmore Elementary School: Average 0.43 km 6.9/10
Elementary
James Gilmore Elementary School: 0.43 km

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 School: 1.73 km
Secondary
City Vancouver Academy: 6.12 km

Closest Transit

Bus Stop
Southbound No. 1 Rd @ Youngmore Rd: 0.9 km
Skytrain
Skytrain @ Brighouse Stn: 4.57 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 31.9%
No Certificate/Degree: Below Average 12.3%
Owner Occupied: Below Average 49.6%
Employment Rate: Above Average 68.9%

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

38 / 100

Overall sell-speed score

May take longer

—

Price competition grade

No comparable data

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 4.57 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How SEAFAIR compares

This property

91 DOM

Slower than area

Seafair avg

44 DOM

Average

Richmond avg

44 DOM

Faster market

8531 Fairfax Crescent has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. 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 V7C 1X9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7C 1X9, 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 (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~5 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

Shopping (5 nearby)

Seafair · 828 m · Post Office
Shoppers drug mart · 835 m · Pharmacy
Seafair barber · 890 m · Hairdresser

Restaurants (5 nearby)

Takeya sushi · 830 m · Restaurant
Subway · 846 m · Fast Food
A&w · 849 m · Fast Food

Groceries (4 nearby)

Safeway · 824 m · Supermarket
Red carrots farm market · 831 m · Greengrocer
Bc liquor store · 840 m · Beverages

Cafes (2 nearby)

Starbucks · 825 m · Cafe
Blenz coffee · 908 m · Cafe

Healthcare (1 nearby)

Shoppers drug mart · 835 m · Healthcare

Transit (1 nearby)

Bus stop northbound no. 1 rd @ pacemore ave · 975 m · Transit

Schools NearBy

19 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
James Gilmore Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.4 / 10	Distance 430 m
Alfred B Dixon Elementary	Public	Grades Served —	Catchment Info —	7.4 / 10	Distance 872 m
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.13 KM
Hugh Boyd Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.8 / 10	Distance 1.24 KM
R M Grauer Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 1.45 KM
St Joseph the Worker	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.73 KM
John G Diefenbaker Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 1.91 KM
Mia Montessori Academy	Independent	Grades Served —	Catchment Info —	0	Distance 2.13 KM
James Thompson Elementary	Public	Grades Served —	Catchment Info —	7.9 / 10	Distance 2.20 KM
des Navigateurs	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.20 KM
Donald E McKay Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.28 KM
Spul'u'kwuks Elementary School	Public	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.31 KM
Jessie Wowk Elementary School	Public	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 2.32 KM
Manoah Steves Elementary	Public	Grades Served —	Catchment Info —	7.4 / 10	Distance 2.34 KM
Lord Byng Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.38 KM
J.N. Burnett Secondary	Public	Grades Served —	Catchment Info —	8.0 / 10	Distance 2.40 KM
Robert A. McMath Secondary	Public	Grades Served —	Catchment Info —	8.0 / 10	Distance 2.50 KM
Archibald Blair Elementary	Public	Grades Served —	Catchment Info —	8.5 / 10	Distance 2.57 KM
James McKinney Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 2.62 KM

Pre-computed routes from 8531 Fairfax Cres, Richmond, BC

8531 Fairfax Cres, Richmond, BC Brighouse 4.6 km

83 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Brighouse → Waterfront
83 min
Metrotown, Burnaby via Brighouse → Metrotown
101 min
SFU Burnaby via Brighouse → Production Way
108 min
Richmond Centre
58 min
YVR Airport via Brighouse → YVR-Airport
71 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
19 min
Metrotown, Burnaby via Lougheed Hwy
19 min
SFU Burnaby via Gaglardi Way
28 min
Richmond Centre via No. 3 Rd
5 min
YVR Airport via Bridgeport / Sea Island
6 min

Calculate your commute

8531 Fairfax Cres, Richmond, BC is ideally located for commuters. The property is 4.6 km from Brighouse, with a 83 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound No. 1 Rd @ Youngmore Rd (0.9 km).

Mortgage Calculator for 8531 Fairfax Crescent

Home Price

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Principal & Interest

Property Taxes $630

Maintenance fee 0

Financing 80% of the $3,880,000 asking price over 30 years at 4% results in approximately $15,449/month in total estimated carrying costs, $630 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 26, 2025

Investment Cashflow Calculator

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Break Even Down Payment 0%

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Cash on Cash

This listing generates an estimated $8,647/month in rental income, leaving a -$7,084/month cashflow at current carrying costs. Investors targeting break-even would need roughly 59% down.

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

Estateblock Rent Estimate for 8531 Fairfax Crescent, 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.