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$1,599,988

3391 STEVESTON HIGHWAY

Richmond · MLS® R3162131

6 bed · 3 bath · 2,400 sq ft · 7,200 sq ft lot · 4 parking

House · Single Family · built 1972 · 31 days on market

Listed by Ryan Ding, RE/MAX Crest Realty

Realtor's description

Welcome to this spacious 6-bedroom, 3-bathroom home on a generous 60' x 120' lot along a quieter stretch of Steveston Hwy, ideally located between Steveston North and Steveston Village. Perfect for large or extended families, featuring a separate-entry 3-bedroom ground-level suite, currently tenanted, offering excellent mortgage-helper potential. Updates include newer windows, roof, high-efficiency furnace, two hot water tanks, appliances, and EV charging outlet. Recent improvements include front/backyard drainage, refreshed fencing with new gates, and a new dishwasher. Enjoy the large covered sundeck and flexible living space. A rare combination of location, lot size & income potential!

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 3
Living area: 2,400 sq ft
Lot: 7,200 sq ft
Parking: 4
Year built: 1972
Property tax: $5,501 / yr
Days on market: 31
MLS®: R3162131

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-12%)

2026 assessment: $1,561,100 · asking is +2.5%
Price per sq ft: $667 vs $758 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 31 days · no price changes so far

The market here

Listed now: 66 days; median for 618 houses for sale; this one 31 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,561,100	$5,524

The listing shows $5,501 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

$7,429/mo

Mortgage $6,971 · Tax $458

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

estimated payment

$6,971/ monthly

loan $1,279,990

25-year amortization

down payment20% · $319,99820%+ 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: $811,308
property transfer tax: $30,000; BC general rate
cash to close: $349,997; down + PTT
total paid: $2,091,298

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: $6,062/mo; vs $7,604 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,971 · tax $458 · 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: 669 m² (7,201 sq ft) · PID 008-572-453. 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 Manoah Steves Elementaryhomes in this catchment
600 m away · 10111 Fourth Ave, Richmond · 604-668-6660
Secondary Hugh Boyd Secondaryhomes in this catchment
1.4 km away · 9200 No. 1 Rd, Richmond · 604-668-6615

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.

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