1 / 31

Legal suite

$1,858,000

9131 STEVESTON HIGHWAY

Save this home

Beds

Baths

Sqft

—

Year

2020

Type

Single Family

Suite

Legal suite

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richmond. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Crafted by reputable West Vancouver builder Richlea Homes, 9131 Steveston Highway is a showcase of quality. This home features a bright South-facing front yard and North-facing rear lane access to a double garage, offering a total of 5 parking spaces. The upper level boasts three spacious bedrooms, a luxurious master retreat, and an expansive living area that opens to a stunning kitchen and walk-out deck. The lower level provides a 2-bedroom legal suite, plus an additional bedroom/den with a full bath which can be a bonus for mortgage helper. Fully equipped with radiant heating, A/C, HRV, and a video security system. Enjoy peace of mind with the balance of the 10-year structural warranty remaining until May 2030. Prime location near South Arm Community Centre and Ironwood Plaza. Open: Sun 26th 2pm to 4pm (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 2,039 square feet
Lot size: 3,306 square feet
Lot dimensions: 3306
Parking: 5 total
Fireplace: 1
On market: Mar 31, 2026
Status changed: Apr 27, 2026
Annual tax: $5,521.97 (2025)
Photos: 31
MLS#: R3105623
Area: RICHMOND

Features and systems

Parking

Garage

Appliances

All

Heating

Radiant heatNatural gasHot Water

Negative cash flow ~$193/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-0.62%

Cap rate

4.74%

GRM

13.9

Break-even rent

$11,353

Financing

Down payment$371,600

Loan amount$1,486,400

Mortgage$7,531/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$852

Insurance$80

Maintenance$1,548

CapEx reserve$774

Vacancy loss$558

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $7,531/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.