Terra Nova is located in the northwestern corner of Richmond, bordered roughly by the Fraser River to the north, No. 1 Road to the east, Westminster Highway to the south, and the dyke trail system along the western edge. This placement puts Terra Nova adjacent to the Gilmore sub-area to the south and relatively close to the Steveston community further west, while its position near the river's edge gives it a distinctly natural, park-adjacent character that sets it apart from more centrally located Richmond neighbourhoods. The housing stock in Terra Nova is predominantly residential and skews toward newer single-family detached homes and townhome developments, with much of the neighbourhood having been built out from the late 1990s through the 2000s on land that was carefully developed around the adjacent Terra Nova Rural Park and its ecological corridors. Streets are well-planned with generous lot sizes in some pockets, while other sections feature compact townhome complexes that appeal to a range of household types. The overall feel is established yet relatively modern compared to older Richmond sub-areas, with a cohesive streetscape that reflects thoughtful phased planning. Active listings in Terra Nova reflect a mixed residential inventory spanning detached homes and attached formats across a range of bedroom configurations, with pricing that varies considerably depending on property type, size, and proximity to the dyke and parkland edges.

AI-authored, reviewed by Doug LeMaire, REALTOR®. General information only — not a substitute for professional advice.