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$651,000

5 5900 MUIR DRIVE

Richmond · MLS® R3161568

All units at 5900 Muir Dr →

3 bed · 2 bath · 1,213 sq ft · 2 parking

Townhouse · Single Family · built 1999 · 35 days on market

Listed by Henry So, RE/MAX Crest Realty

Realtor's description

Priced from the low $600s. Parc Mclean is an opportunity for smart buyers. Located in Hamilton, East Richmond. These 36 townhomes are ideal for investors & end-users, whether for long-term hold for immediate rental income or homes to move into. Unit #5 features 3 bedroom & den, rare gas furnace for heating & gas fireplace in the living room to keep you cozy in those winter nights. Spacious primary bedroom with walk-in-closet can easily accommodate king-size furniture. Enjoy outdoor living in your balcony & private courtyard. Amenity building with lounge and kitchen to host your special events. Convenient location just steps to Mclean Park & Gilley Rd High-Street shopping. 5 min by car to the new Costco & Queensborough Landing outlet ctr with Walmart & Shoppers Drugs. Photos are from unit 4

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,213 sq ft
Parking: 2
Year built: 1999
Property tax: $2,047 / yr
Strata fee: $292 / mo ($0.24 / sq ft)
Strata rules: Pets not Allowed
Days on market: 35
MLS®: R3161568

Buying in a building from 1982 to 2000: what to read first

Features

Private setting
Pets not Allowed
All

Price check

Below typical for the area (-25%)

2026 assessment: $680,000 · asking is -4.3%
Price per sq ft: $537 vs $714 median for townhouses in Richmond for sale (347)

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 35 days · no price changes so far

The market here

Listed now: 52 days; median for 356 townhouses for sale; this one 35 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$680,000	$2,406

The listing shows $2,047 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

$3,299/mo

Mortgage $2,836 · Tax $171 · Strata $292

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

estimated payment

$2,836/ monthly

loan $520,800

25-year amortization

down payment20% · $130,20020%+ 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: $330,103
property transfer tax: $11,020; BC general rate
cash to close: $141,220; down + PTT
total paid: $850,903

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: −$1,174/mo
Cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,836 · tax $171 · strata $292 · 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

The building's lot: 6,201 m² (66,747 sq ft) · PID 024-519-383. 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 Hamilton Elementaryhomes in this catchment
1.0 km away · 5180 Smith Dr, Richmond · 604-668-6514
Secondary Matthew McNair Secondaryhomes in this catchment
10.5 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.

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: 2016 (78 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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