1503 - 7117 Elmbridge Way, Richmond, V6X 0J2 — photo 1

$1,190,000

1503 - 7117 Elmbridge Way, Richmond, V6X 0J2
Active
3 Bedrooms 3 Bathrooms 1,701 sqft Built 2012 Residential

About This Property

Rare Opportunity in the heart of Richmond! This spectacular unit with great view includes 3 bedroom, 3 bathroom plus Den with bright, natural light from the large windows. In addition there is a large outdoor balcony patio great for BBQ and outdoor enjoyment. Bedrooms are spacious and nicely laid out. Close proximity to shopping, parks, transit. Rentals allowed. Call now to book your private showing!

Property Details

MLS #

R3075170

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Style

Penthouse

Ownership

Freehold Strata

Zoning

ZHR7

Bedrooms

3

Full Baths

3

Half Baths

0

Kitchens

1

Living Area

1,701 sqft

Main Floor

1,701 sqft

Year Built

2012

Age

14 years

Roof

Other

Construction

Concrete, Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

2

Parking Type

Underground

Original Price

$1,280,000

Strata Fee

$1,013.92/mo

Taxes

$4,413.74/yr

Listed

2025-12-26

MLS Area

Brighouse

City

Richmond

Postal Code

V6X 0J2

Subdivision

Camber

Features & Finishes

Heating

Baseboard

Laundry

In Unit

Interior Features

Elevator

Exterior Features

Balcony

Building & Community

Pets

Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions

Strata Mgmt Co.

Korecki Real Estate Service

Strata Mgmt Phone

604-233-7772

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Water Connected

Building Amenities

Trash · Management

Disclosures

Property Disclosure

Yes

Coordinates: 49.172283, -123.144276 · Map data © Google

8.9

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market10% below market $/sqft
Days on market130 days — significantly stale, strong negotiation position
Price historyPrice dropped 7% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,111,011

6.6% below asking price

Negotiation Range

$1,081,261$1,128,861

$47,600 spread

$1,081,261$1,190,000 ask

Based on 13 recent sales, a starting offer around $1,111,011 (6.6% below ask) is reasonable. Your negotiation range is $1,081,261 – $1,128,861.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Price already reducedSeller dropped from 7% off original ask — indicates motivation
Extended market time130 days listed — well above market avg of 158 days, increased negotiation leverage

Based on 13 residential sales in Richmond (last 60 days) · Updated May 4

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