$14,500,000

5700 CEDARBRIDGE WAY

Richmond · MLS® C8077742

25,000 sq ft · 36,590 sq ft lot

Land · Vacant Land · 182 days on market

Listed by Ken Xu, Macdonald Realty Westmar

Realtor's description

Unique opportunity for development or investment in the heart of Richmond - Lansdowne Village. The City of Richmond identifies 5700 Cedarbridge Way as "General Urban T5" within the City Centre Area Plan (CCAP)

Property details

Type: Land, Vacant Land
Living area: 25,000 sq ft
Lot: 36,590 sq ft
Parking: 0
Property tax: $118,583 / yr
Days on market: 182
MLS®: C8077742

Property insights

On market 182 days

The market here

Listed now: 143 days; median for 36 homes for sale; this one 182 days

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

Monthly cost

$73,057/mo

Mortgage $63,175 · Tax $9,882

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

estimated payment

$63,175/ monthly

loan $11,600,000

25-year amortization

down payment20% · $2,900,00020%+ 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: $7,352,533
property transfer tax: $643,000; BC general rate
cash to close: $3,543,000; down + PTT
total paid: $18,952,533

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.

Location

RichmondGoogle Maps ↗

Location

RichmondGoogle Maps ↗

Schools

Catchment schools, Richmond School District 38

Elementary Samuel Brighouse Elementaryhomes in this catchment
1000 m away · 6800 Azure Rd, Richmond · 604-668-6522
Secondary Richmond Secondaryhomes in this catchment
1.4 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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