302 - 5500 Cooney Road, Richmond, V6X 3E5 — photo 1

$538,800

302 - 5500 Cooney Road, Richmond, V6X 3E5
Active
2 Bedrooms 1 Bathrooms 879 sqft Built 1982 Residential
2 Listing Signals Detected
Flood PlainHigh

Disclosure indicates flood plain — check insurance availability and municipal flood maps.

Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Unbeatable Location in the Heart of Richmond. The building has redevelopment potential! Corner Top Floor 2 bedrooms apt at Lexington Square! This well maintained building comes complete with re-piping done in 2012. Features functional floor plan, spacious bedrooms, insuite storage, large patio for gardening, new renovation, outdoor swimming pool and comes with 1 parking. Well-managed complex with onsite manager, maintenance fee includes Hot Water.

Property Details

MLS #

R3074386

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Freehold Strata

Zoning

RAM1

Bedrooms

2

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

879 sqft

Main Floor

879 sqft

Stories

3

Year Built

1982

Age

43 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Garage Under Building, Front Access

Original Price

$538,800

Strata Fee

$460/mo

Taxes

$1,586.33/yr

Listed

2025-12-16

MLS Area

Brighouse

City

Richmond

Postal Code

V6X 3E5

Features & Finishes

Heating

Baseboard

Flooring

Mixed

Appliances

Dishwasher · Refrigerator · Stove · Oven

Laundry

Common Area

Windows

Window Coverings

Exterior Features

Balcony

Building & Community

Restrictions

Rentals Allwd w/Restrctns

Lot Features

Central Location, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Community, Electricity Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Bike Room · Maintenance Grounds · Heat · Hot Water

Disclosures

Property Disclosure

Yes

Coordinates: 49.172571, -123.130971 · Map data © Google

8.5

Hot Deal

Deal Score out of 10

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

Value vs market21% below market $/sqft
Days on market140 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$503,187

6.6% below asking price

Negotiation Range

$489,717$511,269

$21,552 spread

$489,717$538,800 ask

Based on 13 recent sales, a starting offer around $503,187 (6.6% below ask) is reasonable. Your negotiation range is $489,717 – $511,269.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Extended market time140 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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