5531 OLIVER DRIVE

5531 OLIVER DRIVE · Richmond, Hamilton · House · 4 bed · 3 bath · $1,280,000 · MLS R3108909

Richmond, British Columbia · Neighbourhood: Hamilton
C$1,280,000
For sale
5531 OLIVER DRIVE

5531 OLIVER DRIVE is located in Richmond (Hamilton). Property snapshot: House, 4 bed, 3 bath, listed at $1,280,000, MLS R3108909. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Catchmen

List Price: $1,280,000
MLS: R3108909
Bedrooms: 4
Bathrooms: 3
Interior Size: 2,185 sqft
Days on Market: -
Days on Site: 69
Deal Score: 50/100
Catchment Schools: Catchment schools include Hamilton Elementary, Matthew McNair Secondary
Price History: Latest recorded list price 1280000.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 5531 OLIVER DRIVE?

Start by reading this listing in its Richmond Hamilton context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5531 OLIVER DRIVE?

This page shows a list price of $1,280,000 with MLS R3108909.

What type of home is this Richmond, Hamilton listing?

The page shows House, 4 bed, 3 bath at 5531 OLIVER DRIVE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1280000.00; 1 price change(s) on file.

Which catchment schools are associated with 5531 OLIVER DRIVE?

Catchment schools include Hamilton Elementary, Matthew McNair Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

This home features 3 bedrooms and 2 full bathrooms upstairs, along with a 1-bedroom & 1 Bath suite with a separate entrance downstairs - ideal for a growing family or as a mortgage helper. Enjoy a fantastic open-concept layout with a large kitchen, spacious dining area perfect for family meals, and a warm, cozy family room with a fireplace. Backs onto a lush greenbelt, offering privacy and potential for a garden oasis. Roof (2012), laminate flooring (2012), extra-large double garage with a spacious driveway for parking. Walking distance to McLean Park, Hamilton Elementary & Community Centre; short drive to Richmond & Easy access to Hwy 91. Open house -30 May Sat 2-4 pm (id:56153)

Property Details

House
Building Type
4
Bedrooms
3
Bathrooms
1992
Year Built
34 years
Age
69
Days on Site
3,946 sf
Lot Area
2,185 sqft
Interior Size
C$586
Price per Sqft

Transaction: For sale

Lot Frontage: 39 ft ,4 in

Status: active

Listing ID: 29576303 (R3108909)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,280,000

Lot Area: 3,946 sf

Lot Frontage: 39 ft ,4 in

PID: 017-381-878

Days on Site: 69 days

Added to BurnabyHouse: 2026-04-08

Updated on: 2026-06-04 08:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Hamilton Elementary ELEMENTARY
Public · School District 38
5180 Smith Dr, Richmond, BC
Straight-line distance about 992 m
Matthew McNair Secondary SECONDARY
Public · School District 38
9500 No. 4 Rd, Richmond, BC
Straight-line distance about 10.4 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Kins Farm Market
About 2.7 km away
Bulk Barn
About 2.8 km away
Shopping Centres
Fraserway RV Delta
About 1.7 km away
747 Cliveden Place
Big Bend Crossing
About 2.8 km away
Parks / Green Space
McLean Neighbourhood Park
About 450.8 m away
22500 McLean Avenue
Toyota Park
About 595.9 m away
21860 Westminster Highway

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 04 Jun 2026 06:01:45 PM PDT

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