7851 Bennett Road

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$2,699,000

7851 Bennett Road

Richmond · MLS® R3176304

526

2,742 sq ft · 8,898 sq ft lot · House · Single Family · built 1955 · 10 days on market

listed by Charles Jiang, Royal Pacific Realty Corp.

realtor's description

Builders & Developers ALERT! Great location with a LARGE LOT (8898 SF)! Great family home in the heart of central Richmond. 5 good size bedrooms with 2 full bathrooms. Over 2700 SF living space for your enjoyment. Bonus is potential for 8-story building development site if you assemble the neighbour sites. Zoning located within 400M of skytrain stn. (Please verify zoning, density, development potential, buildable area and all municipal requirements with City of Richmond). It is also ready for multiple townhomes development right away. DO NOT MISS OUT! Live in & hold or develop later! Property is within walking distance to school, new library, community center, public swimming pool. Shopping Centre and Skytrain in close proximity. Call Charles for details.

property details

type: House, Single Family
bedrooms: 5
bathrooms: 2
living area: 2,742 sq ft
lot: 8,898 sq ft
parking: 6
year built: 1955
property tax: $9,284 / yr
days on market: 10
MLS®: R3176304

features

Central location
All

the market here

listed now: 70 days; median for 611 houses for sale; this one 10 days

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

property tax by year

year	assessed	est. tax
2026	$2,633,000	$9,317

The listing shows $9,284 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

$12,533/mo

Mortgage $11,759 · Tax $774

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

estimated payment

$11,759/ monthly

loan $2,159,200

25-year amortization

down payment20% · $539,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,368,585
property transfer tax: $58,970; BC general rate
cash to close: $598,770; down + PTT
total paid: $3,527,785

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.