48 5380 SMITH DRIVE
Richmond · MLS® R3157670
4 bed · 3 bath · 2,079 sq ft · 2 parking
Townhouse · Single Family · built 1991 · 50 days on market
Listed by Wolvi Menezes, Real Broker
Realtor's description
Overlooking peaceful Hamilton Park and green belt, this spacious 4-bedroom, 2,079 sq ft, 3-storey townhome sits in an established, tree-lined section of Bridgeview Court, offering privacy and room to spread out across three finished levels. The layout features a separate living room and an oversized family room warmed by a gas fireplace, a formal dining area, and a bright eating nook off the kitchen. The primary bedroom is a true retreat with a 5-piece ensuite, & 3 more bedrooms, two additional bathrooms, in-suite laundry, and extra storage suit a growing household or a home office. A private deck opens onto a fenced, garden-lined yard, with a double garage plus additional parking available. The complex sits directly beside Hamilton Elementary and Hamilton Community Park, steps from the community centre, with transit half a block. Costco Business Centre is minutes away, along with Queensborough Landing's outlet shops & restaurants in New Westminster and easy access to Hwy 91. OPEN HOUSE Sun Sep 20th 3-5:00pm
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 2,079 sq ft
- Parking
- 2
- Year built
- 1991
- Property tax
- $3,143 / yr
- Strata fee
- $656 / mo ($0.32 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 50
- MLS®
- R3157670
Features
- Private setting
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,500/mo
- After all costs
- −$2,491/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,698 · tax $262 · strata $656 · insurance ~$175 · 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
Schools
Catchment schools, Richmond School District 38
- Elementary Hamilton Elementaryhomes in this catchment
200 m away · 5180 Smith Dr, Richmond · 604-668-6514
- Secondary Matthew McNair Secondaryhomes in this catchment
11.5 km 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.
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