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$1,450,000

7560 WATERTON DRIVE

Richmond · MLS® R3135563

3 bed · 2 bath · 1,707 sq ft · 7,098 sq ft lot · 4 parking

House · Single Family · built 1974 · 119 days on market

Listed by Kelvin Chang, Homeland Realty

Realtor's description

Discover an exceptional residential property on a large 60'x118' (7,098 sf) lot, in Maple Lane/Shangri-La. This residence offers a sophisticated living experience, meticulously designed for comfort and elegant functionality. The kitchen, a central hub for culinary endeavours and social gatherings, features a large centre island with an integrated sink, seamlessly flowing into the living room in an open-plan design. A built-in Gaggenau cooktop further enhances its contemporary appeal and efficiency. Step outside to a private fenced yard, offering an exclusive retreat for relaxation and recreation. The attached double garage provides convenient secured parking and storage. Located in the prestigious Maple Lane Elementary and Steveston-London Secondary school catchments.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,707 sq ft
Lot: 7,098 sq ft
Parking: 4
Year built: 1974
Property tax: $5,718 / yr
Days on market: 119
MLS®: R3135563

Features

Central location
All

Price check

Above typical for the area (+12%)

2026 assessment: $1,654,500 · asking is -12%
Price per sq ft: $849 vs $758 median for houses in Richmond for sale (592)

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 119 days · no price changes so far

The market here

Listed now: 66 days; median for 617 houses for sale; this one 119 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,654,500	$5,854

The listing shows $5,718 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

$6,794/mo

Mortgage $6,318 · Tax $477

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

estimated payment

$6,318/ monthly

loan $1,160,000

25-year amortization

down payment20% · $290,00020%+ 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: $735,253
property transfer tax: $27,000; BC general rate
cash to close: $317,000; down + PTT
total paid: $1,895,253

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

Lot outline: 660 m² (7,104 sq ft) · PID 002-265-125. 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 Maple Lane Elementaryhomes in this catchment
500 m away · 7671 Alouette Dr, Richmond · 604-668-6692
Secondary Steveston-London Secondaryhomes in this catchment
1.0 km away · 6600 Williams Rd, Richmond · 604-668-6668

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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