503 5311 Cedarbridge Way, Richmond BC - Apartment/Condo for Sale - MLS# R3120685

$639,900
Est. Mortgage $2,831/mo
2 Beds
2 Baths
918 sqft
697 $ /sqft
611 $ Maint. fee
2016 built
7.1% price reduction
$639,900
$689,000
Est. $2,831/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 503 5311 Cedarbridge Way

7.1% price reduction

Welcome to Riva 2, where sophistication meets convenience. This spacious 890 sq.ft. 2-bedroom + den, 2-bathroom home features an open-concept layout, two balconies, and tranquil courtyard views. Highlights include 9’ ceilings, engineered hardwood flooring, premium appliances, and forced air heating & cooling for year-round comfort. Recently updated with new flooring and fresh paint, this home is move-in ready. Enjoy access to Club Riva’s 12,000 sq.ft. wellness centre, including a fully equipped gym, indoor pool, sauna, and steam room. Conveniently located within walking distance to Lansdowne SkyTrain Station, the Oval, Dyke Trail, and T&T Supermarket. Includes 1 Parking & 1 Locker Perfect for both end-users and investors.

Interior Features

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

Exterior Features

Exterior Features Playground, Balcony
View Description B
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $639,900
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 918
Year Built 2016
Age Of Building 10
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Sauna/Steam Room, Gas, Management
Ownership Type Freehold Strata
Maintenance Fee $611
Amenities Nearby Exercise Centre, Recreation Facilities, Sauna/Steam Room, Gas, Management
Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public, Community
Parking Type Underground, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3120685
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6X 0M3
Gross Taxes $2,430.43
Zoning ZMU

Property Timeline

Status Date Price
R3120685 / Active 05-06-2026 $639,900
Rooms
Floor Type Dimensions
Main Level Kitchen 10'0 x 10'0 ft
Main Level Living Room 12'0 x 12'0 ft
Main Level Den 5'0 x 5'0 ft
Main Level Bedroom 9'0 x 9'0 ft
Main Level Primary Bedroom 10'0 x 10'0 ft
Main Level Dining Room 12'0 x 12'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #4

Listed by: Team 3000 Realty Ltd.

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
1.16 km
Secondary
Richmond Secondary School
1.62 km
Elementary
Samuel Brighouse Elementary School
1.16 km

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

Private Schools

Elementary
Pythagoras Academy
1.37 km
Secondary
City Vancouver Academy
1.58 km

Closest Transit

Bus Stop
Westbound Elmbridge Way @ Gilbert Rd
0.4 km
Skytrain
Skytrain @ Lansdowne Stn
0.58 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 503 5311 Cedarbridge Way

Mortgage Calculator for 503 5311 Cedarbridge Way

/month
Principal & Interest
Property Taxes $203
Maintenance fee 611
With a 20% down payment, buyers can expect an estimated $3,258/month in total housing costs on this $639,900 property — $2,444 mortgage payment, $203 property tax, $611 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%
Based on $2,414/month estimated rent and $3,310/month in total housing costs, this property has a -$896/month cashflow. Break-even down payment: approximately 50%.
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 $639,900
Richmond Loading...
Brighouse Loading...

Based on 160 comparable active apartments/condos in Brighouse, the average asking price is $720,643. This listing is priced 11.2% below the neighbourhood average. This property is flagged as a Hot Deal (7.1% price reduction) based on its competitive pricing and market demand.

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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