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$2,689,000

251 DOUGLAS CRESCENT

Richmond · MLS® R3173763

6 bed · 4 bath · 2,200 sq ft · 5,499 sq ft lot · 2 parking

House · Single Family · built 2023 · 1 day on market

Listed by Len Diaz, RE/MAX City Realty

Realtor's description

A Next-Generation High-Performance Home, Engineered for Exceptional Energy Efficiency and Future Energy Independence. A rare, head-turning modern home in Richmond´s sought-after Burkeville enclave on Sea Island. Custom-built with striking minimalist architecture and advanced energy-efficient construction, featuring SIP construction, insulated concrete slabs, added insulation, super air-tight design and Euroline tilt-and-turn triple-pane windows. EV ready, with an EnerGuide rating. Durable metal roofing, soffits and architectural panels, plus Hardie siding, provide lasting curb appeal and minimal maintenance. A huge laneway house adds exceptional flexibility for extended family, guests, a private workspace or rental income.

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 4
Living area: 2,200 sq ft
Lot: 5,499 sq ft
Parking: 2
Year built: 2023
Property tax: $6,416 / yr
Days on market: 1
MLS®: R3173763

Features

Private setting
Treed
All

Price check

Price per sq ft: $1,222 vs $758 median for houses in Richmond for sale (601)

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 1 day

The market here

Listed now: 65 days; median for 626 houses for sale; this one 1 day

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

Monthly cost

$12,250/mo

Mortgage $11,716 · Tax $535

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

estimated payment

$11,716/ monthly

loan $2,151,200

25-year amortization

down payment20% · $537,80020%+ 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: $1,363,515
property transfer tax: $58,670; BC general rate
cash to close: $596,470; down + PTT
total paid: $3,514,715

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: $10,883/mo; vs $12,425 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $11,716 · tax $535 · 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: 509 m² (5,479 sq ft) · PID 003-476-197. 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

Secondary Richmond Secondaryhomes in this catchment
3.0 km away · 7171 Minoru Blvd, Richmond · 604-668-6400

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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