1606 - 5233 Gilbert Road, Richmond, V7C 0B3 — photo 1

$642,000

1606 - 5233 Gilbert Road, Richmond, V7C 0B3
Active
1 Bedrooms 1 Bathrooms 626 sqft Built 2016 Residential

About This Property

LOCATION!! Beautiful 1 bed 1 den East facing unit located at River Park Place built by Intracorp, offers a functional open concept layout that is made complete with view of the mountains, river and city. Upgraded laminate floors throughout, quartz countertops, integrated European appliances, and air conditioning. Amenities includes a 25,000 sq ft rooftop garden and a 5,000 sq ft indoor amenities (gym, basketball court, music room). Steps from Olympic Oval, T&T, new Shopper's Drug Mart and many restaurants. Comes with 1 parking and 1 locker. Contact now!

ViewStorage Locker

Property Details

MLS #

R2999605

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

RCL3

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

626 sqft

Main Floor

626 sqft

Year Built

2016

Age

10 years

Roof

Asphalt, Other

Construction

Concrete, Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Underground

Facing

East

Original Price

$688,000

Strata Fee

$445.73/mo

Taxes

$1,973.4/yr

Listed

2025-05-07

MLS Area

Brighouse

City

Richmond

Postal Code

V7C 0B3

Features & Finishes

Heating

Heat Pump

Cooling / A/C

Central Air · Air Conditioning

Flooring

Laminate

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave

Windows

Window Coverings

Interior Features

Elevator

Exterior Features

Garden · Balcony

Building & Community

Pets

Yes

Restrictions

Pets Allowed,Rentals Not Allowed

Strata Mgmt Co.

First Service Residential

Strata Mgmt Phone

604-683-8900

Transit

Nearby

Schools

Nearby

View

River, Mountain and City View

Lot Features

Central Location, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Clubhouse · Exercise Centre · Trash · Maintenance Grounds · Hot Water · Management

Disclosures

Property Disclosure

Yes

Coordinates: 49.175487, -123.145962 · Map data © Google

6.4

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market32% above market — check if justified
Days on market363 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

$596,185

7.1% below asking price

Negotiation Range

$580,135$605,815

$25,680 spread

$580,135$642,000 ask

Based on 13 recent sales, a starting offer around $596,185 (7.1% below ask) is reasonable. Your negotiation range is $580,135 – $605,815.

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 time363 days listed — well above market avg of 158 days, increased negotiation leverage
Above-average DOM363d vs market avg of 158d — property may have a pricing or condition issue

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

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