501 7371 Westminster Hwy, Richmond BC - Apartment/Condo for Sale - MLS# R3124525

$828,000
Est. Mortgage $3,663/mo
3 Beds
2 Baths
1065 sqft
777 $ /sqft
719.92 $ Maint. fee
2008 built
$828,000
Est. $3,663/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 501 7371 Westminster Highway

Welcome to Lotus by Cressey in the heart of Richmond. This bright and spacious 3-bedroom, 2-bathroom corner home features a huge private fenced patio, perfect for outdoor entertaining, gardening. Thoughtfully designed layout with AC, and floor-to-ceiling windows, the home offers both comfort and style. 2 parking stalls and 1 locker, all conveniently located on the same level. Enjoy an unbeatable central location just steps to SkyTrain, Richmond Hospital, Minoru Park, Richmond Olympic Oval, Richmond Centre, plus an outstanding selection of popular restaurants and shops. Residents have access to excellent amenities including an indoor pool, hot tub, fitness centre, and party room.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Forced Air, Geothermal, Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $828,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1065
Year Built 2008
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Maintenance Grounds, Hot Water, Management
Ownership Type Freehold Strata
Maintenance Fee $719.92
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Maintenance Grounds, Hot Water, Management
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Tandem, Side Access
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3124525
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6X 0B4
Gross Taxes $2,816.88
Zoning CDT1

Property Timeline

Status Date Price
R3124525 / Active 05-15-2026 $828,000
Rooms
Floor Type Dimensions
Main Level Living Room 10'9 x 10'9 ft
Main Level Kitchen 9'5 x 9'5 ft
Main Level Dining Room 10'9 x 10'9 ft
Main Level Primary Bedroom 11' x 11' ft
Main Level Bedroom 10'8 x 10'8 ft
Main Level Bedroom 9'7 x 9'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level No #3

Listed by: RE/MAX City Realty & RE/MAX City Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Samuel Brighouse Elementary School
0.66 km
Secondary
Richmond Secondary School
1.05 km
Elementary
Samuel Brighouse Elementary School
0.66 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Pythagoras Academy
1.72 km
Secondary
City Vancouver Academy
1.95 km

Closest Transit

Bus Stop
Westbound Westminster Hwy @ Alderbridge Way
0.07 km
Skytrain
Skytrain @ Brighouse Stn
0.68 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
33.8%
No Certificate/Degree
Average
13%
Owner Occupied
Below Average
55%
Employment Rate
Average
54.5%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Market Performance

Real Estate Stats for June 2026 in Richmond

REBGV Report city Level
Apartment Benchmark

$676K

6.3% Year-over-Year

Sales (Mo.)

88

-27.3%
Active Inventory

775

+26.2%
Market Climate Buyer's Market

Average Days on Market (DOM) is 54 days.

Buyer's (< 12%) Balanced (12-20%) Seller's (> 20%)

Sales-to-Active Ratio: 11.4%

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 501 7371 Westminster Highway

Mortgage Calculator for 501 7371 Westminster Highway

/month
Principal & Interest
Property Taxes $235
Maintenance fee 719.92
Based on a 30-year fixed at 4% interest with 20% down ($165,600), the estimated monthly payment for this listing is $4,117/month — $3,162 principal & interest, $235 property tax, $720 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $3,040/month, this property runs a $1,129/month shortfall after mortgage and carrying costs. Break-even requires approximately 49% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Brighouse, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $828,000
Richmond Loading...
Brighouse Loading...

Based on 13 comparable active apartments/condos in Brighouse, the average asking price is $820,667. This listing is priced 0.9% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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