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$2,498,888

10051 SHELL ROAD

Richmond · MLS® R3163454

7 bed · 7 bath · 3,678 sq ft · 7,031 sq ft lot · 6 parking

House · Single Family · built 2022 · 29 days on market

Listed by Harry Garcha, Latitude Realty Inc.

Realtor's description

Welcome to 10051 Shell Road, a beautifully built custom home in one of Richmond's most desirable family neighbourhoods. Offering over 3,600 sq.ft. of living space,this home combines comfort, quality & flexibility for today's modern family.Step inside to soaring ceilings,a grand foyer,& beautifully appointed living spaces filled with natural light. Main floor features an impressive family room,elegant living area,gourmet chef's kitchen with premium appliances, Bonus bedroom on the main floor for extended family, also features a 2-bedroom legal suite with its own separate entrance.Upstairs, you'll find 4 generously sized bedrooms, each with its own ensuite.Situated on a quiet stretch of Shell Road, just minutes from Ironwood Plaza, Highway 99, parks, recreation, and everyday amenities. 2 Bedroom Legal Suite.

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 7
Living area: 3,678 sq ft
Lot: 7,031 sq ft
Parking: 6
Year built: 2022
Property tax: $10,002 / yr
Days on market: 29
MLS®: R3163454

Features

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-10%)

2026 assessment: $3,062,000 · asking is -18%
Price per sq ft: $679 vs $756 median for houses in Richmond for sale (593)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 29 days · no price changes so far

The market here

Listed now: 66 days; median for 618 houses for sale; this one 29 days

Houses in Richmond. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$3,062,000	$10,835

The listing shows $10,002 a year in property tax.

Estimate: the BC Assessment value times Richmond's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$11,721/mo

Mortgage $10,887 · Tax $833

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$10,887/ monthly

loan $1,999,110

25-year amortization

down payment20% · $499,77820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,267,114
property transfer tax: $52,967; BC general rate
cash to close: $552,744; down + PTT
total paid: $3,266,225

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Suite rent: $1,676/mo
Your cost after the suite: $10,354/mo; vs $11,896 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $10,887 · tax $833 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Richmond (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

Lot outline: 653 m² (7,029 sq ft) · PID 004-189-744. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

RichmondGoogle Maps ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary Daniel Woodward Elementaryhomes in this catchment
600 m away · 10300 Seacote Rd, Richmond · 604-668-6296
Secondary Matthew McNair Secondaryhomes in this catchment
800 m away · 9500 No. 4 Rd, Richmond · 604-668-6575

From the Richmond School District 38's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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