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Orchid MLS® Listings
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Building Info
Orchid - 5580 No 3 Road, Richmond, BC V6X 2C8, Canada. Crossroads are No 3 Road and Lansdowne Road. This development has 139 residential units within a 15-storey residential tower and two-storey townhouse units. A unique collection of JR 1-bedroom, 2 and 3-bedroom homes over a luxury retail podium. Developed by Beedie Living. Architectural design by award-winning Rafii Architects Inc. and DYS Architecture. Interior design by Cristina Oberti Design.
Orchid offers boutique living in an exceptional locationsophisticated and stylish homes with unparalleled access to all the necessities of modern life. Designed with thoughtful attention to detail, spectacular finishes and exclusive amenities, Orchid is an urban oasis.
Nearby parks include Minoru Park Lakes, Minoru Park and Brighouse Park. Nearby schools are Samuel Brighouse Elementary, Richmond Secondary School, Richmond Continuing Education School District No. 38, William Cook Elementary School, Henry Anderson Elementary and A.R. MacNeill Secondary School. Nearby grocery stores are Langley Farm Market, PriceSmart Foods, Tindahan Grocery Ltd, Izumiya Japanese Marketplace, Real Canadian Superstore, Empire Supermarket (2010) Ltd, China World Supermarket and Richmond Night Market. Steps away from Lansdowne Centre, CF Richmond Centre, Richmond Hospital, National Defense 12 Svc, Richmond Public Library - Brighouse Branch and Lansdowne Station. Few minutes drive to Vancouver International Airport.
Vancouver considers more gambling at city's two casinos
The B.C. Lottery Corporation wants Vancouver to lift or amend its 13-year-old moratorium on the expansion of gambling in the city.
According to the city’s general manager of arts, culture and community services, Margaret Wittgens, there has been recent interest from the BCLC to expand gambling at the city’s two casinos — Parq and Hastings Racecourse.
“BCLC is seeking to expand gambling opportunities at the Parq and Hastings Racecourse casinos by potentially increasing the number of slot machines and table games,” Wittgens wrote in a report going to council’s committee on policy and strategic priorities on May 8.
The RE/MAX® brand delivers notable advantages – for agents with a RE/MAX brokerage
As the 2024 RE/MAX vs. The Industry report shows, RE/MAX agents are the most productive, meaning they close more transaction sides than other real estate agents, on average. In fact, RE/MAX agents closed an average of 11.8 transaction sides throughout 2023, nearly double that of the competition
But productivity isn’t the only place RE/MAX shines. The annual report, which ranks the results of national, full-service brokerage brands in the U.S., also highlights that the balloon-backed brand dominated in unaided brand awareness at 36.4%.
The clock is now ticking on hefty fines for those who don’t fall in line reguarding short-term rentals
The province’s short-term-rental compliance enforcement unit officially swings into action Wednesday, as B.C.’s new rules banning most short-term rentals come into effect.
The new rules passed in the fall — part of a multi-pronged approach to create more homes to rent or buy amid a national housing crisis — are aimed at converting thousands of short-term rentals into long-term rental housing for people who work and live in the province.
Despite pressure from vacation-rental owners, Premier David Eby and Housing Minister Ravi Kahlon have not backed down from the controversial initiative to “rein in profit-driven mini-hotel operators” and return homes to people who need them.
The proverbial 'Bank of Mom and Dad' is strongest in B.C. and appears to be buoyed by foreign-derived income
British Columbia leads all Canadian provinces and territories in co-ownership arrangements for residential properties between parents and their young adult children, according to a new report from Statistics Canada.
The report found 20.3 per cent of the B.C. residents born after 1989 (adult children) who own a property had a co-ownership arrangement with their parents, as compared to 17.3 per cent for all of Canada.
Furthermore, parents who are immigrants co-own properties more frequently with their adult children than Canadian-born parents; in Vancouver, 76.9 per cent of parents who co-owned properties were immigrants.
Canadian mortgage payments went from virtually nothing to very high
Canadian mortgage payments went from virtually nothing to the highest level in well over a decade, inflicting pain on mortgage borrowers. However, the value of homes also surged. In fact, from the rate cuts that sent home prices surging in March 2020 to the end of 2023, the growth rate of home prices outpaced the increase in the average mortgage payment on file at Equifax. This was true in most of Canada’s largest cities, especially in Eastern Canada where the average household’s payment significantly lagged home price growth.
Canadian Home Values Climbed Faster Than Mortgage Payments
Contemporary high-rise concrete condominium by award-winning Rafii Architects Inc. and DYS Architecture, located in the heart of Richmond on Lansdowne & No. 3 Road
Luxury Carrara marble podium with public art framing high street retail along No. 3 Road
Grand main lobby with frameless curtain wall, double-height ceilings and Orchid reception lounge with wood and marble accents
LUXURY TO COME HOME TO
Choice of two colour schemes, Pearl & Nero, designed by Cristina Oberti Design
Individually controlled air conditioning and heating system
Rich laminate flooring throughout all living and bedroom areas
Grand, 7-foot interior doors
Solid core 7-foot wood stained suite entry door with quartz threshold
Premium door casing and 4" baseboards
Ceilings rise 8'-8" for every home
Expansive windows with roller shades
Oversized balconies with water, city and mountain views
LG Energy-efficient full-size front load washer and dryer with LED Display
USB port on electrical outlet in kitchen and master bedroom
Complimentary Telus Optik Internet & TV with PVR for one year
DESIGNER KITCHENS
Wood grain and pure white glass upper cabinets with wood grain lower cabinets
Soft-close cabinet hardware with elongated polished chrome pulls and LED under-cabinet lighting
Elegant quartz composite countertops and backsplash
Polished Grohe kitchen faucet over a 29" single undermount sink with in-sink disposal, rack, and built-in recycling station
Broan stainless steel slim profile 300 CFM hood fan
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