106 7240 Lindsay Rd, Richmond, BC | MLS^® R3081869 Property Details

Welcome to Sussex Square, offering the most affordable home ownership in a prime central location. This beautifully renovated GROUND-LEVEL ONE-BEDROOM home features a PRIVATE FENCED YARD and is VACANT, making it ready for you to MOVE IN ANY TIME. The LEASEHOLD valid until 2087, providing long-term stability and peace of mind. For effortless budgeting, the MONTHLY MANAGEMENT FEE INCLUDES PROPERTY TAX, HEAT, AND WATER. Enjoy the convenience of being within WALKING DISTANCE to transit, shopping, and top-tier schools. This home is located within the sought-after D.E. MCKAY ELEMENTARY (K-7) and J.N. BURNETT SECONDARY school catchments. The unit also comes complete with ONE DEDICATED PARKING SPACE.

General Info

Price $229,900

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 630

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1974

Age Of Building 52

Building Type Apartment/Condo

Property Type Residential

Architecture Style Ground Level Unit

Stories 0

Appliances Included Refrigerator, Stove

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3081869

Area Richmond

Neighbourhood Granville

City Richmond

Gross Taxes 0

Ownership Type Leasehold prepaid-NonStrata

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Hot Water

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Open, Guest

Total Parking Spaces 1

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Strata Restrictions -

Rental Restrictions -

Zoning MFD

Rental Suites None

Laundry Common Area

# of Kitchens 1

Flooring Laminate

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Private Yard

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	11' x 11' ft
Main Level	Living Room	13' x 13' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Walk-In Closet	5' x 5' ft

Listed by: Renanza Realty Inc.

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

Elementary

Donald E McKay Elementary School

0.08 km

Secondary

J N Burnett Secondary School

0.42 km

Elementary

Donald E McKay Elementary School

0.08 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

St.Joseph the Worker School

2.03 km

Secondary

City Vancouver Academy

3.93 km

Closest Transit

Bus Stop

Northbound Railway Ave @ Linfield Gate

0.25 km

Skytrain

Skytrain @ Brighouse Stn

2.34 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 106 7240 Lindsay Road, a stunning property in the heart of Richmond, BC!

As your trusted realtor, I'm excited to take you through the features and benefits of this incredible home, listed as MLS^® R3081869. Located in a desirable neighborhood, this property is serviced by the highly-rated Donald E McKay Elementary School, just 0.08 km away. With a rating of No Rating, this school is a great option for families, and I can tell you that families love this area because of its strong community values and excellent education system.

Just down the road, you'll find J N Burnett Secondary School, another top-rated institution with a rating of No Rating, located a convenient 0.42 km from the property. And for those seeking an independent school option, St.Joseph the Worker School is just 2.03 km away, with a rating of No Rating.

Now, let's talk about the safety and security of the neighborhood. According to the latest crime data from Statistics Canada (2020), the area surrounding 106 7240 Lindsay Road, Richmond, BC has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. With a rate of 16,909 volation disturbances, this neighborhood is a safe and peaceful place to call home. Additionally, the drug crime rate is High, with a rating of 2,081.96, and there were 4,498 illegal substances lawbreaking disturbances in the area in 2020. However, the violent crime rate is Low, with a rating of 919.25, and it's 0.06% lower than the previous year.

When it comes to lifestyle amenities, this neighborhood has everything you need. The closest Bus station, Northbound Railway Ave @ Linfield Gate, is just 0.25 km away, making it convenient to get around the city. And with a median household income of $61,312, which is Below Average compared to the British Columbia average, you'll find that this neighborhood is a great option for families and individuals looking for a more affordable lifestyle.

In terms of demographics, 29.1% of the population in this neighborhood has a university certificate or degree, which is Above Average compared to other BC neighborhoods. However, 14.7% of the population has no certificate or degree, which is Below Average. The median personal income is $22,925, which is Low compared to the BC average. But, 56.8% of households in this census subdivision have a mortgage, which is Average.

Unemployment rates in the area are also worth noting. With a rate of 6.4%, this neighborhood is Below Average compared to other province neighborhoods. And, the population change between 2011 and 2016 was -3.1%, which is Below Average compared to the average growth rate of this region.

This property is located in a vibrant community with a high population density of 4,495.2 people per square kilometer, which is High compared to other areas. The average size of families in the area is 3, which is Above Average, and 74.3% of families have children, which is High. The average age of the population is 41.4, which is Average compared to other BC cities.

Now, let's talk about the real estate context. The average value of dwellings in this neighborhood is $1,159,425, which is High compared to other areas in British Columbia. Average owner payments are High, with owners spending an average of $1,595 per month. Tenants, on the other hand, are paying an average of $1,064 per month, which is Average compared to other cities. And, 27.6% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

Finally, 16.8% of the population in this area uses Public Transport, which is Above Average, while 76.8% use Cars, which is Below Average. 1.8% of people use Bicycles, which is Above Average, and 5% of the population walk, which is Average.

In conclusion, 106 7240 Lindsay Road, Richmond, BC (MLS^® R3081869) is a fantastic property in a desirable neighborhood, offering a range of lifestyle amenities and a safe and secure environment. Whether you're a family, individual, or investor, this property is definitely worth considering. Contact me today to schedule a viewing and make this beautiful home yours!

106 7240 Lindsay Rd, Richmond, BC, MLS^® R3081869