Richmond Homes under $500,000

Welcome to Richmond, British Columbia—a vibrant city nestled along the shores of the Fraser River, just a stone's throw from the bustling metropolis of Vancouver. Known for its rich cultural diversity, stunning natural beauty, and a thriving local economy, Richmond is an ideal place for families and individuals looking to settle down in a community that offers both urban conveniences and a touch of nature.

Richmond boasts an array of parks, waterfront trails, and recreational facilities, making it a haven for outdoor enthusiasts. The city is also home to the famous Steveston Village, where you can enjoy fresh seafood, charming boutiques, and a glimpse into Richmond's fishing heritage. With easy access to public transportation, shopping centers, and the Vancouver International Airport, Richmond is perfectly positioned for both work and play.

For those seeking affordable housing options, Richmond offers homes under $500,000—a rarity in the Greater Vancouver area. These properties provide an excellent opportunity for first-time homebuyers, investors, or anyone looking to downsize without compromising on quality of life. From cozy condos to townhomes, there are diverse options that cater to various lifestyles and budgets.

Richmond is not just a place to live; it’s a community where you can thrive. With its excellent schools, diverse dining options, and a welcoming atmosphere, you'll find everything you need right at your doorstep. Come and explore the possibilities that Richmond has to offer—your dream home awaits!

Newest Richmond Homes under $500,000

$399,000

1 Beds ⋅ 1 Baths ⋅ R3180064 MLS® #

RARE COURTYARD-FACING 1 BED AT ORA BY ONNI! This northeast-facing 1 bed 1 bath unit overlooks the peaceful inner courtyard. 541 sq ft of functional living space with AIR CONDITIONING and 1 parking. Currently TENANTED at $2,400/month on a month-to-month basis — perfect as a cash-flowing investment or your future home. Enjoy 42,000+ sq ft of 5-STAR amenities: indoor heated swimming pool, hot tub, steam & sauna, fitness centre, yoga studio, squash court, lounge, party and media rooms. Steps to the Olympic Oval, dyke trails, future Whole Foods Market and restaurants; minutes to Richmond Centre, Lansdowne Mall and the SkyTrain station. Please note: some listing photos have been AI-enhanced.

6951 Elmbridge Way Unit 610, Richmond

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$499,000

1 Beds ⋅ 1 Baths ⋅ R3179894 MLS® #

Welcome to ACQUA by BOSA in one of Richmond’s most convenient locations. Beautifully updated 1 bedroom home featuring a spacious laundry room and extra storage space. Enjoy views of the pool and rooftop garden from your private balcony. 1 parking & 1 locker included. First-class amenities include concierge and security, outdoor swimming pool, hot tub, steam room, gym, rooftop garden, playground and residents' lounge. Pets and rentals allowed. Great opportunity for first-time buyers, downsizers or investors. Prime location: just steps to SkyTrain, bus, Richmond Centre, supermarkets, restaurants, cafes, banks, drug stores and all daily amenities. Must see!!

5811 No 3 Rd Unit 1102, Richmond

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$498,000

1 Beds ⋅ 1 Baths ⋅ R3179837 MLS® #

Welcome to Mandalay by Cressey—Richmond's premier concrete building in the heart of McLennan North! Rarely available ground-level 1-bedroom, 1-bath home featuring an exceptional open-concept layout with premium finishings, including hardwood flooring, a cozy fireplace, and sleek kitchen appliances. The crown jewel of this home is the massive private patio—ideal for outdoor entertaining, gardening, or relaxing in the sun. Enjoy resort-style amenities including an indoor pool, hot tub, sauna/steam room, and a fully equipped fitness centre. Steps to parks, schools, transit, and shopping. Includes 1 parking stall and storage. A must-see!

9373 Hemlock Dr Unit 102, Richmond

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$499,000

2 Beds ⋅ 2 Baths ⋅ R3179804 MLS® #

Walk to Lansdowne Centre and the Canada Line from this 2-bedroom, 2-bathroom home at Westhampton Court , 968 sq. ft. with a large private patio. Inside, the layout is functional in-suite laundry, ample storage, and one parking stall. The complex is well-managed and pet-friendly, and BBQs are permitted on the balcony. T&T Supermarket and a full run of shops, restaurants, and everyday amenities are also on foot.

8500 Ackroyd Rd Unit 239, Richmond

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$439,000

2 Beds ⋅ 1 Baths ⋅ R3179307 MLS® #

Great opportunity for first time buyers. Top Floor, corner unit, spacious 2 bed home. Two spacious Bedrooms are that can comfortably accommodate a small family. Ready to move in with updated Kitchen and Bathrooms so you don't have to This home is centrally located across from T&T, Kwantlen University and steps away from Canada Line and Richmond Center and major stores like Walmart. Walking distance to schools, parks and all the conveniences necessary for your daily living, Storage and parking included and extra parking available for a small monthly fee.

8400 Lansdowne Rd Unit 303, Richmond

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8700 Westminster Highway Unit 202, Richmond

$419,000

1 Beds ⋅ 1 Baths ⋅ R3179562 MLS® #

"Canadian Place" - Amazing Location - walking distance to Kwantlen College, Lansdown Mall, Richmond Centre, T&T Supermarket, BC transit nearby. Rarely sales available at this complex, cozy gas fireplace and functional layout throughout. One cat or dog (up to 50lbs). Visitor parking off lane. 1 Parking, 1 Locker. Affordable living. The location is between 2 elementary school catchments, walking distance to both (Cook and Henry Anderson Elementary). The building exterior is upgraded with a new look, lights and garden area. The unit is recently renovated with new kitchen/bathroom and upgraded with all new appliances. Rental and pets allowed.

8700 Westminster Highway Unit 202, Richmond

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$428,000

2 Beds ⋅ 1 Baths ⋅ R3179528 MLS® #

Fully repainted,this move-in ready,clean,quiet,top floor corner unit has a covered balcony overlooking an expansive treed green space.The galley kitchen with brand new dish washer,spacious bedrooms,large living room,dining area and functional layout are amazing.Located in the heart of Richmond,this condo is within easy walking distance of Richmond Shopping Centre,Lansdowne Mall,Super Store, T&T Market,PriceSmart,Skytrain and bus transit,so you can leave your car at home. Walking to nearby dining,banking,pubic pool, community centre,skating rinks,library and Kwantlen University will help you manage work and leisure balance.The assigned storage locker and assigned parking spot are additional benefits.Highly desirable for the rental market. OPEN HOUSE * SUNDAY * NOVEMBER 1 * 2:00 - 4:00 PM

8411 Ackroyd Rd Unit 318, Richmond

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$320,000

1 Beds ⋅ 1 Baths ⋅ R3178743 MLS® #

Spacious 1-bedroom FREEHOLD strata home in Richmond’s central Brighouse neighbourhood. Offering 680 sq. ft. of interior space, a generous bedroom, separate living and dining areas, in-suite storage and a private balcony. Enjoy a convenient Richmond lifestyle with shopping, restaurants, schools, parks and transit nearby. Whether you’re buying your first home, downsizing or exploring an investment, this practical layout offers room to make it your own.

8740 Citation Dr Unit 209, Richmond

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$250,000

3 Beds ⋅ 1 Baths ⋅ R3179133 MLS® #

Why rent when you can own? Priced at just $250,000, this 3-bedroom, 1-bathroom leasehold condo offers an affordable opportunity to step into homeownership and start building equity instead of paying rent. At this price point, homeownership may be closer than you think. Stop paying someone else’s mortgage and explore the opportunity to invest in a place of your own. Affordable, practical, and full of potential this is your chance to make the move from renting to owning!

7220 Lindsay Rd Unit 205, Richmond

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$200,000

2 Beds ⋅ 1 Baths ⋅ R3179134 MLS® #

Why rent when you can own? Priced at just $200,000, this ground floor 2-bedroom, 1-bathroom leasehold condo offers an affordable opportunity to step into homeownership and start building equity instead of paying rent. Enjoy the convenience of ground floor living with your own yard, perfect for relaxing outdoors, gardening, or enjoying your own private outdoor space. At this price point, homeownership may be closer than you think. Stop paying someone else’s mortgage and explore the opportunity to invest in a place of your own. Affordable, practical, and full of potential. This is your chance to make the move from renting to owning!

7260 Lindsay Rd Unit 104, Richmond

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$249,900

3 Beds ⋅ 1 Baths ⋅ R3178978 MLS® #

Welcome to West Richmond. This bright and spacious 3 bedroom home offers incredible value, featuring a functional layout and large in suite storage/den. Ideal for first time buyers or investors. The home includes an updated kitchen, bathroom and flooring, and the building has completed major upgrades including new envelope, windows, re-piping, balconies, and parkade upgrades. The maintenance fee covers Property Tax, heating, water and hot water, sewer, garbage pick up, recycle etc. Located in the desirable Granville area of West Richmond, just steps from McKay Elementary, Burnett Secondary, Thompson Community Centre, Nearby Bus Stops & Parks, all just steps away. Don't miss this opportunity.

7240 Lindsay Rd Unit 306, Richmond

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$499,900

2 Beds ⋅ 1 Baths ⋅ R3178656 MLS® #

Welcome to Ashford Place, centrally located in the heart of Richmond! This well-maintained 2-bedroom, 1-bathroom home offers a bright and functional open-concept living and dining area, laminate flooring, convenient in-suite laundry, and generously sized bedrooms. Enjoy comfortable living in a convenient location close to shopping centres, restaurants, schools, parks, public transportation, and everyday amenities. Ideal for first-time homebuyers, downsizers, or investors looking for a centrally located property. Don't miss this opportunity to own a home in one of Richmond's convenient neighbourhoods. Book your private showing today.

7340 Moffatt Rd Unit 114, Richmond

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Richmond Homes under $500,000

Newest Richmond Homes under $500,000

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