1 / 31

$2,680,000

306 5131 BRIGHOUSE WAY

Richmond · MLS® R3158590

All units at 5131 Brighouse Way →

3 bed · 4 bath · 2,464 sq ft · 3 parking

Condo · Single Family · built 2013 · 45 days on market

Listed by Monica Wang, LeHomes Realty Premier

Realtor's description

Welcome to River Green - Richmond's premier waterfront community by ASPAC. 3-bedroom + den, 4-bathroom home offers nearly 2,500 sqft of luxurious living space. This is a 2-level unit with a high ceiling living room and floor-to-ceiling windows open to magnificent views of the tranquil inner garden, Fraser River and beautiful sunsets. Gourmet kitchen features Miele appliances, Sub-Zero fridge, and Italian cabinetry - perfect for the home chef. Enjoy central air conditioning, hardwood floors, and a generous balcony ideal for indoor-outdoor living. World-class amenities include 24-hour concierge, indoor pool, gym, theatre, party room, and private shuttle to Canada Line. Steps to the dyke, Olympic Oval, and minutes to YVR & shopping. Truly a rare opportunity in an unbeatable location.

Property details

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 4
Living area: 2,464 sq ft
Parking: 3
Year built: 2013
Property tax: $7,900 / yr
Strata fee: $1,887 / mo ($0.77 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 45
MLS®: R3158590

Features

Cul-de-sac
Wheelchair access
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All
Intercom

Price check

2026 assessment: $2,216,000 · asking is +21%
Price per sq ft: $1,088 vs $794 median for condos in Richmond for sale (824)

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 45 days · no price changes so far

The market here

Listed now: 66 days; median for 855 condos for sale; this one 45 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,216,000	$7,841

The listing shows $7,900 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

$14,222/mo

Mortgage $11,677 · Tax $658 · Strata $1,887

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

estimated payment

$11,677/ monthly

loan $2,144,000

25-year amortization

down payment20% · $536,00020%+ 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: $1,358,951
property transfer tax: $58,400; BC general rate
cash to close: $594,400; down + PTT
total paid: $3,502,951

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

Rent: $2,500/mo
After all costs: −$11,957/mo
Cap rate: -0.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $11,677 · tax $658 · strata $1,887 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom 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

The building's lot: 21,778 m² (234,416 sq ft) · PID 029-164-729. 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 Samuel Brighouse Elementaryhomes in this catchment
900 m away · 6800 Azure Rd, Richmond · 604-668-6522
Secondary Richmond Secondaryhomes in this catchment
1.8 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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.