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Building & Condo Information

Southwater

5500 Andrews Rd. Richmond, BC V7E 6M9, Canada

Les Twarog
★ Building Specialist
Les Twarog
RE/MAX Crest RealtyRE/MAX
BC Condos and Homes Team
30+ Years Downtown & Westside Expert
604.671.7000 les@6717000.com
  • Levels4
  • Suites128
  • StatusCompleted
  • Built1997
  • Title to LandFreehold Strata
  • Strata PlanLMS2701
  • ConstructionFrame - Wood
  • AreaRichmond
  • NeighbourhoodSteveston South

For Sale in Southwater & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-05-05 120 5500 Andrews Rd. Active 2 2 $678,000 ($784/sf) 865 $501 $2143 (2025) RE/MAX Westcoast
2026-06-17 122 5500 Andrews Rd. Active 2 2 $665,000 ($767/sf) 867 $501 $2143 (2025) Sutton Group Seafair Realty
Avg$671,500866

Southwater Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-07-18 424 5500 Andrews Rd. 2 2 967 $699,000 $679,000 ($702/sf) $571 $2232 (2025) Sutton Group Seafair Realty
2026-07-12 326 5500 Andrews Rd. 2 2 988 $715,000 $700,000 ($709/sf) $571 $2328 (2026) Oakwyn Realty Ltd.
2026-06-08 233 5500 Andrews Rd. 1 1 655 $475,000 $465,000 ($710/sf) $380 $1600 (2025) Century 21 Prudential Estates (Rmd) Ltd.
2026-03-30 428 5500 Andrews Rd. 1 1 722 $505,000 $503,000 ($697/sf) $418 $1737 (2025) RE/MAX All Points Realty
2026-03-16 426 5500 Andrews Rd. 1 1 660 $499,000 $495,000 ($750/sf) $380 $1622 (2025) eXp Realty
2025-11-23 229 5500 Andrews Rd. 1 1 712 $499,000 $475,000 ($667/sf) $389 $1699 (2025) Coldwell Banker Prestige Realty
2025-11-07 330 5500 Andrews Rd. 1 1 725 $598,000 $565,000 ($779/sf) $389 $1721 (2025) Team 3000 Realty Ltd.
2025-07-06 313 5500 Andrews Rd. 3 2 1226 $928,000 $905,000 ($738/sf) $672 $2938 (2025) Royal LePage Regency Realty
2025-03-24 420 5500 Andrews Rd. 1 1 743 $599,500 $589,000 ($793/sf) $401 $1675 (2024) Macdonald Realty Westmar
2025-02-09 409 5500 Andrews Rd. 1 1 769 $599,900 $591,500 ($769/sf) $422 $1849 (2024) RE/MAX City Realty
2025-02-02 227 5500 Andrews Rd. 1 1 712 $628,000 $615,000 ($864/sf) $393 $1609 (2024) Sutton Group Seafair Realty
2024-11-03 130 5500 Andrews Rd. 2 2 967 $728,000 $750,000 ($776/sf) $535 $1949 (2024) Sutton Group Seafair Realty

Sold data from the MLS® feed for strata plan LMS2701. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

Southwater Market Summary

Southwater at 5500 Andrews Rd. — currently 2 active listings averaging $671,500. In the past year 7 units sold at an average of $554,571.

Active Listings2
Avg Asking Price$671,500
Sold (1 Year)7
Avg Sold Price$554,571
Avg $/Sqft$716

Value & Financing

Price Positioning
$775 /sq ft
Active listings here average $775/sf vs $770/sf across Steveston South.
In line with the area
Mortgage Snapshot
$3,185 /mo
Entry price (from)$665,000
20% down payment$133,000
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Overview

Southwater - 5500 Andrews Rd, Richmond, BC V7E 6M9. Strata No LMS2701. Built in 1997. Four levels. Frame-wood construction. Two pets are allowed. Featuring great facilities including exercise room, guest suite and pool table. This complex consists of 128 condo units and 1 commercial units. Southwater is a well-maintained building and includes an amenity room, gym, guest suite, inground sprinklers and an onsite caretaker. Just steps from the Boardwalk and all that Steveston Village offers-marina, community center, restaurants and shops.

Crossroad No.2 Rd.

Amenities / Features

Bike Room
Elevator
Exercise Centre
Guest Suite
In Suite Laundry
Recreation Center

Maintenance Fees Include

Caretaker
Garbage Pickup
Gardening
Gas
Hot Water
Management
Recreation Facility

Location / Site Influences

Shopping Nearby
Balcony
Marina Nearby
Recreation Nearby

Construction & Development

ConstructionFrame - Wood
Exterior FinishVinyl
RoofTar & Gravel
FoundationConcrete Perimeter
Rain ScreenNo

Strata Information

Strata PlanLMS2701
Building TypeStrata
Title to LandFreehold Strata
Units in Strata128
Units in Development128
Management CompanyWYNFORD GROUP — 604-261-0285
Bylaws / RestrictionsPETS ALLOWED W/REST.,RENTALS ALLOWED W/RESTRICTIONS
Parking / StorageGarage Underbuilding

Property Documents

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Richmond Condo Market Reports
Market data by RealtySuite

Location, Street View & Aerial

Street View⤢ Expand

Frequently Asked Questions — Southwater

What year was Southwater built?
Southwater was built in 1997.
How many units are in Southwater?
Southwater has 128 strata units across 4 levels.
What amenities does Southwater offer?
BIKE ROOM, ELEVATOR, EXERCISE CENTRE, GUEST SUITE, IN SUITE LAUNDRY, RECREATION CENTER.
Is Southwater pet-friendly, and what are the bylaws?
Southwater bylaws/restrictions: PETS ALLOWED W/REST.,RENTALS ALLOWED W/RESTRICTIONS.
Who is the property manager for Southwater?
Southwater is managed by WYNFORD GROUP, 604-261-0285.
What is the strata plan number for Southwater?
The strata plan number for Southwater is LMS2701.
Is Southwater freehold or leasehold?
Southwater is FREEHOLD STRATA.
Where is Southwater located?
Southwater is located at 5500 Andrews Rd. in Richmond, Richmond.
How is the real estate market at Southwater?
In the past year 7 units sold at Southwater, averaging $554,571; there are currently 2 active listings for sale.
Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Southwater specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

Listings for Sale Near Southwater 🔎 MLS® Search »

Active listings nearby80
Average price$1,587,481
From$488,000
Up to$7,388,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
12331 Buchanan St. 331825 $1,598,900
120 5500 Andrews Rd. 22865 $678,000
122 5500 Andrews Rd. 22867 $665,000
323 5600 Andrews Rd. 11628 $488,000
25 12438 Brunswick Pl. 441815 $1,098,800
321 5700 Andrews Rd. 221106 $899,000
12277 Shinde Pl. 431897 $2,166,000
117 5700 Andrews Rd. 22820 $590,000
12268 Imperial Dr. 532490 $1,798,000
12131 Trites Rd. 562517 $2,368,000
Photos
12331 BUCHANAN STREET $1,598,900 12331 Buchanan St. · 3bd/3ba · 1825sf 120 5500 ANDREWS ROAD $678,000 120 5500 Andrews Rd. · 2bd/2ba · 865sf 122 5500 ANDREWS ROAD $665,000 122 5500 Andrews Rd. · 2bd/2ba · 867sf 323 5600 ANDREWS ROAD $488,000 323 5600 Andrews Rd. · 1bd/1ba · 628sf 25 12438 BRUNSWICK PLACE $1,098,800 25 12438 Brunswick Pl. · 4bd/4ba · 1815sf 321 5700 ANDREWS ROAD $899,000 321 5700 Andrews Rd. · 2bd/2ba · 1106sf 12277 SHINDE PLACE $2,166,000 12277 Shinde Pl. · 4bd/3ba · 1897sf 117 5700 ANDREWS ROAD $590,000 117 5700 Andrews Rd. · 2bd/2ba · 820sf 12268 IMPERIAL DRIVE $1,798,000 12268 Imperial Dr. · 5bd/3ba · 2490sf 12131 TRITES ROAD $2,368,000 12131 Trites Rd. · 5bd/6ba · 2517sf

Southwater Area Map 🔍 Open larger map ↗