5553 Hankin Drive, Richmond, V7C 5N2 — photo 1

$2,398,000

5553 Hankin Drive, Richmond, V7C 5N2
Active
5 Bedrooms 5 Bathrooms 4,001 sqft Built 1992 Residential
1 Listing Signal Detected
Tenant OccupiedNote

BC tenancy law requires proper notice periods. Confirm tenant status and end-of-tenancy timelines with your agent.

About This Property

Priced for quick sale! Nestled in prestigious TERRE NOVA. Rarely found a custom-built house on an 8,003 SQFT LOT & 4,001 SQFT living area with functional layout. House located at a quiet street with great environment. Walking distance to school, dyke and mall. Hardwood floor and stairs. Elegant high foyer with 9' ceiling. Radiant heat in whole building. Air exchange system. Listing price is $188K below BC Assessment Value. Tenanted Property, showings on Friday & Saturday afternoons before 5pm by appointment only. 24 hours notice request.

Fireplace

Property Details

MLS #

R3033688

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS1/B

Bedrooms

5

Full Baths

4

Half Baths

1

Kitchens

1

Fireplaces

2

Living Area

4,001 sqft

Main Floor

2,092 sqft

Above Main

1,909 sqft

Lot Size

8,003 sqft

Lot Dimensions

0 x

Frontage

0

Year Built

1992

Age

34 years

Roof

Wood

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

6

Garage Spaces

2

Parking Type

Garage Double, Front Access

Original Price

$2,398,000

Taxes

$8,121.7/yr

Listed

2025-08-05

MLS Area

Terra Nova

City

Richmond

Postal Code

V7C 5N2

Features & Finishes

Heating

Natural Gas · Radiant

Flooring

Hardwood · Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Fireplace

Gas

Building & Community

Lot Features

Near Golf Course, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.173303, -123.190782 · 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 market23% below market $/sqft
Days on market272 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

$2,227,511

7.1% below asking price

Negotiation Range

$2,167,561$2,263,481

$95,920 spread

$2,167,561$2,398,000 ask

Based on 13 recent sales, a starting offer around $2,227,511 (7.1% below ask) is reasonable. Your negotiation range is $2,167,561 – $2,263,481.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Extended market time272 days listed — well above market avg of 158 days, increased negotiation leverage
Above-average DOM272d 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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