7700 SCHAEFER AVENUE

Richmond · MLS® R3174185

5 bed · 4 bath · 3,791 sq ft · 9,442 sq ft lot · 5 parking

House · Single Family · built 1974 · listed today

Listed by Gary K. Louis, Macdonald Realty Westmar

Realtor's description

Prime opportunity with this centrally located property in Broadmoor; on the edge of Sunnymede. Zoned RSM/L, a multitude of options exist including redevelopment of a 4-dwelling unit or neighboring property consolidation and subdivision! Desirable neighborhood close to shopping, restaurants, grocery stores, and everyday amenities, with major commercial areas along No. 3 Rd, Garden City Rd and Steveston Hwy nearby. Close proximity to schools, including W D Ferris Elementary and R.C. Palmer Secondary. Recreation is equally convenient, with Minoru Centre for Active Living and South Arm Community Centre. Convenient transit access provides connections to the Canada Line and Vancouver. Measurements are approximate; buyers should seek independent verification, if important. Photos virtually staged

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 3,791 sq ft
Lot: 9,442 sq ft
Parking: 5
Year built: 1974
Property tax: $7,234 / yr
Days on market: 0
MLS®: R3174185

Price check

Price per sq ft: $422 vs $756 median for houses in Richmond for sale (597)

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 0 days

The market here

Listed now: 66 days; median for 622 houses for sale; this one listed today

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

Monthly cost

$7,570/mo

Mortgage $6,967 · Tax $603

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

estimated payment

$6,967/ monthly

loan $1,279,200

25-year amortization

down payment20% · $319,80020%+ 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: $810,807
property transfer tax: $29,980; BC general rate
cash to close: $349,780; down + PTT
total paid: $2,090,007

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: 876 m² (9,429 sq ft) · PID 005-892-554. 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 W D Ferris Elementaryhomes in this catchment
600 m away · 7520 Sunnymede Cres, Richmond · 604-668-6538
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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