1003 7571 WESTMINSTER HWY, Richmond BC V6X 1A3, Richmond, BC

$269,000
Est. Mortgage /mo

MLS® R2896357

Closed

$255,000
Closed at 03 Sep 2024
Listing price: $269,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
0 Beds
1 Baths
1 Stories
$ 310 Maint. Fee
508 sqft
1998 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Great investment opportunity in the Vancouver Airport MARRIOTT HOTEL. Professionally managed by Marriott Hotel. Net revenue paid monthly after strata fees and all expenses except property taxes. No owner occupancy. Owner-investor perks include discounted room rates in the hotel and Marriott chain of hotels; unlimited access to all recreational facilities, including exercise room, hot tub, and pool. Prime location in Central Richmond. Walking distance to shopping malls, restaurants, and supermarkets. Close to Olympic Oval, and Canada Line to YVR and Downtown Vancouver.

General Info

Price $269,000
Total Bedrooms 0
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 508
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1998
Age Of Building 26
Building Type Other
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Management
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS # R2896357
Area Richmond
Neighbourhood Brighouse
City Richmond
Gross Taxes $1,452.1
Ownership Type Freehold Strata
Maintenance Fee $310
Community Features Restaurant, Shopping Nearby
Amenities Nearby Exercise Centre, Management
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type None
Total Parking Spaces -

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Strata Restrictions Pets Not Allowed
Pet Restrictions No
Rental Restrictions -
Zoning CDT1
Rental Suites None
# of Kitchens 0
Flooring Other
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
Sold 09-03-2024 $269,000
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Listed by: RE/MAX Westcoast

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.

Neighborhood Info

Public Schools

Secondary
Richmond Secondary School
1.03 km
No Rating
Elementary
Samuel Brighouse Elementary School
Average
0.84 km
Rating 6.5/10
Elementary
Samuel Brighouse Elementary School
0.84 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Pythagoras Academy
1.57 km
No Rating
Secondary
City Vancouver Academy
1.79 km
No Rating

Closest Transit

Translink
Westbound Westminster Hwy @ Minoru Blvd
0.03 km

1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 is serviced by Samuel Brighouse Elementary School. The property with listing MLS® R2896357 is located 0.84 km from the school. Samuel Brighouse Elementary School has a rating of Rating 6.5/10.

This home with address 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3, Richmond, BC is also serviced by Richmond Secondary School and located 1.03 km from it. Richmond Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 is Pythagoras Academy with School's rating No Rating, located 1.57 km from this home.

The closest to this address 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 Secondary independent school is City Vancouver Academy with School's rating No Rating, located 1.79 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 16,909 volation disturbances in this neighbourhood. The overall crime rate near the address - 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3, Richmond, BC is 7,826.57. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -3.39%

Drug crime rate next to the listing MLS® R2896357 is High comparing to other neighbourhoods. The illegal substances offences rating is 2,081.96. There were 4,498 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 19.46%

Property crimes in the neighbourhood close to real estate listing for sale 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 are Average. Property misconduct rating adjacent to MLS® R2896357 is 3,238.66. There were 6,997 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -14.19%

There were 1,986 violent lawbreaking disorders in 2020. 919.25 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is 0.06%

The closest Bus station is Westbound Westminster Hwy @ Minoru Blvd in 0.03 km away from this listing with - MLS® R2896357.

33.8% of people with university certificate/degree live in this neighbourhood adjacent to the 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 which is High in comparison with other BC neighbourhoods. 13% of population in this neighbourhood that is near the Listing MLS® R2896357 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3, Richmond, BC is $36759 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2896357 is $18514 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 55% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2896357 is 8.8 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 Brighouse where population change between 2011 and 2016 was 37.3%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3, Richmond, BC is 4066.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2896357 is 54.5% and it is Below Average. % of Married or living common law is around 55.7% and it is Below Average.

Average age of the population close to the 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 is 42.9 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3, Richmond, BC is $711643 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3. $1392 owners spent in average for the dwelling. Tenants are paying $1363 in this district close to MLS® R2896357 and it is High comparing to other cities.

43.9% of Population in this district near the 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3, Richmond, BC is 2.9%, it is Low, % of English speakers only is 79.7% and Below Average. % of French speakers adjacent to 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 only is 0% and it is Low. % of Neither English nor French speakers close to home for sale 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3, Richmond, BC is 17.4% and it is High comparing to other BC cities.

27.6% of all population in the area around this property with the address 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3, Richmond, BC using Public Transport which is High, 57.9% of using population are using Cars around MLS® R2896357, which is Low. 0.9% of people using Bicycles around the 1003 7571 WESTMINSTER HIGHWAY, Richmond BC V6X 1A3 and it is Average. 13.1% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 310
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $269,000
Richmond No comparables
Brighouse No comparables
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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