Richmond Homes under $500,000

Welcome to Richmond, British Columbia – a vibrant city that beautifully blends urban convenience with natural beauty. Nestled along the picturesque banks of the Fraser River, Richmond is known for its diverse culture, excellent dining options, and stunning views of the North Shore Mountains. With its close proximity to Vancouver, Richmond offers residents the best of both worlds: a tranquil suburban lifestyle with easy access to the bustling city life.

Richmond is a haven for families, young professionals, and retirees alike, boasting an array of parks, recreational facilities, and community events that foster a strong sense of belonging. The city is also home to the famous Steveston Village, where you can explore charming waterfront shops, indulge in fresh seafood, and immerse yourself in the local history. The Richmond Night Market is another highlight, offering a delightful array of food stalls and entertainment that showcases the city's multicultural spirit.

For those seeking affordable housing options, Richmond has a range of homes available for under $500,000. This unique opportunity allows first-time buyers and investors to enter the real estate market in a city that is both thriving and desirable. From cozy condos to townhouses with modern amenities, you can find a variety of options that cater to different lifestyles and budgets.

With its unbeatable location, rich cultural tapestry, and affordable housing options, Richmond is truly a hidden gem waiting to be discovered. Embrace the chance to call this dynamic city your home!

Newest Richmond Homes under $500,000

$498,000

1 Beds ⋅ 1 Baths ⋅ R3173550 MLS® #

Located in the sought-after Azalea at The Gardens, this well-appointed 672sf condo SW corner unit offers comfortable single-level living with a functional layout. Features incl. A/C, in-suite laundry, fridge, stove, dishwasher, freezer, garage door opener, security system, smoke alarm & fire sprinklers. It has a secured 1 parking stall. Residents have access to excellent amenities incl. clubhouse, exercise centre, recreation centre, garden, & bike room. Conveniently situated near public/rapid transit & shopping nearby. School catchment: Kidd Elementary & McNair Secondary. This home offers a great opportunity for first-time buyers, downsizers or investors.

10880 No 5 Rd Unit 327, Richmond

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$438,888

1 Beds ⋅ 1 Baths ⋅ R3173459 MLS® #

*** Open House Saturday and Sunday 1:00 - 5:00 *** Welcome to Dorchester Circle. This bright, top-floor 1-bedroom + den (or junior second bedroom) unit features soaring vaulted ceilings and generous skylights that flood the home with natural light. The spacious North-facing balcony offers a peaceful outlook over the courtyard and outdoor pool area. The home has been thoughtfully updated over the years with a modern kitchen featuring ample cupboard and counter space, a convenient eating area, stainless steel appliances, and excellent flow into the living and dining spaces. The separate den provides versatile space ideal for guests, a home office, or a junior bedroom. You'll also enjoy a refreshed 4-piece bathroom. Measurements are approximate and should be verified.

7295 Moffatt Rd Unit 319, Richmond

Listing courtesy of

$478,800

1 Beds ⋅ 1 Baths ⋅ R3173451 MLS® #

Thoughtfully designed 1-bedroom plus den residence at Concord Gardens by Concord Pacific. This functional layout features a spacious living and dining area complemented by a generous den, ideal as a home office, guest room, or additional storage. North-facing with peaceful tree and city views, offering both privacy and natural light. The contemporary kitchen is finished with engineered quartz countertops, marble backsplash, and integrated stainless steel appliances. Residents enjoy resort-inspired amenities including concierge, indoor pool, fitness centre, clubhouse, multi-purpose sports court, bowling alley, and more. Ideally located within walking distance to Union Square, shops, restaurants, and Capstan SkyTrain Station.

8988 Patterson Rd Unit 506, Richmond

Listing courtesy of

$495,000

2 Beds ⋅ 2 Baths ⋅ R3173135 MLS® #

Exceptional value for size in Richmond! This spacious 980 sq.ft. 2-bedroom, 2-bath home offers incredible square footage at an unbeatable price. Thoughtfully updated with a modern quartz kitchen, two-tone cabinetry, stainless steel appliances, renovated bathrooms, and durable laminate flooring throughout. The functional layout features a generous primary bedroom, excellent bedroom separation, and a bright living/dining area. Enjoy the oversized covered balcony with a private, treed outlook — perfect for year-round use. Rare in-suite washer for added convenience, plus access to shared laundry facilities in the building. Well-managed building with indoor pool, hot tub, and gym. Centrally located close to shopping, transit, parks, and schools. A rare opportunity to secure this much space

8720 No 1 Rd Unit 106, Richmond

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$450,000

1 Beds ⋅ 1 Baths ⋅ R3173096 MLS® #

CENTRAL LOCATION WITHIN THE HEART OF RICHMOND! Easy Access to everywhere! Right across from the Richmond-Brighouse Skytrain station with bus stops nearby. Welcome to the Paramount, urban living at its finest! This 1 Bed/Bachelor offers unbeatable convenience by situating across from Richmond Center, which provides a great selection of restaurants and shops, with nearby school, library, Community Center and much more! The unit itself is very practical, finished with contemporary designs and high-end appliances. 12,000SF amenities include party room, gym, sauna/steam rooms, business centre, theatre room, dance room, playground, children's play room, two outdoor gardens, BBOs and more. Book your showings today! 1 Parking Included! Open House: Oct 11 (Sun) 2-4pm.

8133 Cook Rd Unit 725, Richmond

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$499,000

1 Beds ⋅ 1 Baths ⋅ R3173066 MLS® #

WELCOME HOME to this beautifully maintained 1 bed + Flex space ground-level home offering 707 SQFT of living space & a 200+sqft FENCED YARD. Tucked along a quiet, tree lined lane with a neighbour on one side only, this home offers townhome-style living with entry to and from the patio or building. Originally designed for wheelchair access this unit offers wide hallways, pocket doors & an oversized parking space. Updates incl. SS appliances, kitchen counters & backsplash, Bosch washer/dryer, bathtub & shower tile. Gas fireplace incl. in strata fee. Fully RAINSCREENED building with updated windows, sliders, vinyl fencing, metal roof & healthy CRF. EV charger & amenity room. Great transit access, Richmond Oval, walking trails & parks nearby. Rentals/pets allowed!

5900 Dover Cres Unit 117, Richmond

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$399,000

2 Beds ⋅ 2 Baths ⋅ R3173014 MLS® #

This bright corner unit is ideally situated in a peaceful and private setting, right in the heart of the city. Enjoy unbeatable convenience with Skytrain stations, supermarkets, restaurants, shops, parks and schools all just steps away. Offering 1,009 sqft of thoughtfully designed living space, this spacious 2-bedroom, 1.5-bathroom home features a generous living room, a separate dining area, and a functional kitchen with ample space for a cozy breakfast nook. Step out onto the newly updated balcony-perfect for enjoying afternoon tea or unwinding after a long day. This home is ideal for both comfortable everyday living and effortless entertaining.

8400 Ackroyd Rd Unit 216, Richmond

Listing courtesy of

$459,000

1 Beds ⋅ 1 Baths ⋅ R3173012 MLS® #

Welcome to this wonderful home at The Hamptons! This bright, courtyard-facing home offers an extra large bedroom with a walk-in closet, quality laminate flooring, fresh paint, and a covered balcony overlooking the beautifully landscaped inner courtyard. Very well-maintained and fully rainscreened building. Enjoy Dover Neighbourhood Park, the Fraser River dyke trails, Richmond Olympic Oval, transit, and everyday conveniences nearby, with easy access to Vancouver and YVR. Quiet, safe and family oriented neighbourhood. An excellent opportunity for first-time buyers or downsizers seeking comfort, tranquillity, & convenience. OPEN: Sun Oct 10th @2:00-4:00pm.

5900 Dover Cres Unit 205, Richmond

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$385,000

1 Beds ⋅ 1 Baths ⋅ R3172842 MLS® #

A MUST SEE! BEST LOCATION! NOT A GROUND FLOOR! Welcome to this renovated South-East facing one bedroom with open layout of a spacious living Room with a Wood Burning Fireplace, Dining room, Insuite Laundry. This bright and spacious home comes with a deck of East-side view. Well-maintained Strata and nice community. Close to Richmond Centre, Schools, Buses, Library, Parks and Recreation. One Parking & One Locker. School catchment: Ferris Elementary & Richmond Secondary!

7591 Moffatt Rd Unit 106, Richmond

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$498,000

1 Beds ⋅ 1 Baths ⋅ R3172760 MLS® #

Spacious and bright 1-bedroom in prestigious Paloma 1, featuring stainless steel appliances, gas stove, granite countertops, breakfast bar, in-suite laundry, and fireplace. Includes 1 parking & 1 locker. Well-managed concrete high-rise, fitness centre, lounge/media room, rooftop garden, and party room. Maintenance fee covers heat, gas, hot water, and central air. Steps from Richmond Centre Mall, Canada Line, Public Market, restaurants. Perfect lifestyle condo—walk everywhere! Rental allowed, ideal for investors. **Open House | Oct 11 | SUN | 2-4 PM

6068 No 3 Rd Unit 808, Richmond

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$149,000

1 Beds ⋅ 1 Baths ⋅ R3172541 MLS® #

Court order sale, 1 bedroom suite in the Sussex Square leasehold building, lease expires December 31, 2087. Maintenance fees include heat, taxes and management fees, and rentals allowed.

7280 Lindsay Rd Unit 201, Richmond

Listing courtesy of

$189,900

1 Beds ⋅ 1 Baths ⋅ R3172367 MLS® #

EXCELLENT VALUE IN this prepaid leasehold in the HEART OF THE CITY. Building envelope has recently been remediated and the building boasts new windows, sliding doors, new balcony membrane & railings. Maintenance fee includes management, utility bill, taxes, water, hot water heating, garbage pick up, caretaker and storage. You are steps away from the Canada Line, Richmond Centre mall, restaurants, ice rink, swimming pool, track and seniors centre. Extra spacious 1 bedroom apartment is in immaculate condition and right across from the elevator. One covered parking and a storage locker. Rentals are allowed but sorry, no pets. Quick possession is possible. Location cannot be beat.

6420 Buswell St Unit 212, 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.