604 5766 Gilbert Road

Richmond · MLS® R3179989

all units at 5766 Gilbert Rd →

211

755 sq ft · Condo · Single Family · built 2022 · listed today

listed by Lucius Xie, Youlive Realty

realtor's description

One of the most iconic buildings in Richmond, CASCADE CITY by Landa Global, designed by renowned Rafii Architects & Arno Matis. This unit offers with over 190sf of outdoor space, a bright and functional layout with tons of natural light, A/C, Miele appliance package + engineered hardwood floors. Enjoy a spacious and functional layout in a modern living space with your private balcony. Amenities include a fully equipped fitness studio, Guest Suite, multi-functional Club Lounge, landscaped 25,000sf podium-level outdoor space + much more! Centrally located, steps to Richmond Centre, library, city park, a variety of restaurants and shops! Call now!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 755 sq ft
parking: 1
year built: 2022
property tax: $2,459 / yr
strata fee: $508 / mo ($0.67 / sq ft)
strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3179989

features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All
Oven - Built-In

the market here

listed now: 73 days; median for 780 condos for sale; this one listed today

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

monthly cost

$3,349/mo

Mortgage $2,636 · Tax $205 · Strata $508

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,636/ monthly

loan $479,200

25-year amortization

down payment20% · $119,80020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $311,685
property transfer tax: $9,980; BC general rate
cash to close: $129,780; down + PTT
total paid: $790,885

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,310/mo
after all costs: −$1,259/mo
cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,636 · tax $205 · strata $508 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Richmond: CMHC's average there ($2,046) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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: 7,468 m² (80,385 sq ft) · PID 031-627-412. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

RichmondGoogle Maps ↗

Rapid transit: Lansdowne SkyTrain station, 800 m (about 13 min walk); Richmond–Brighouse SkyTrain station, 900 m (about 14 min walk).

schools

Catchment schools, Richmond School District 38

Elementary Samuel Brighouse Elementaryhomes in this catchment
600 m away · 6800 Azure Rd, Richmond · 604-668-6522
Secondary Richmond Secondaryhomes in this catchment
1.2 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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