108 5488 Arcadia Rd, Richmond, BC, MLS® R3074432

$478,000
Est. Mortgage /mo

$478,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 373.43 Maint. Fee
820 sqft
1990 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

108 5488 Arcadia Rd, Richmond, BC | MLS® R3074432 Property Details

This home offers an exceptionally large primary bedroom, a rare find, complete with an oversized walk-in closet and peaceful views overlooking the greenspace behind the unit. The renovated bathroom adds a fresh, updated feel, and the suite is equipped with a newer washer and dryer as well as a new hot water tank. The kitchen includes a separate breakfast nook that opens to the deck and garden area. Enjoy both a private deck and an exclusive-use patio space with direct access to the parking located below the unit. The suite features its own in-suite laundry and dedicated utility space. Located within the catchment of William Cook Elementary and MacNeill Secondary, and just a 1/2block from Kwantlen Polytechnic University. Conveniently close to shopping & city centre. Ready for your move.

General Info

Price $478,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 820
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1990
Age Of Building 35
Building Type Apartment/Condo
Property Type Residential
Architecture Style Other
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Maintenance Grounds, Gas, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3074432
Area Richmond
Neighbourhood Brighouse
City Richmond
Gross Taxes $1,609.32
Ownership Type Freehold Strata
Maintenance Fee $373.43
Community Features Shopping Nearby
Amenities Nearby Caretaker, Maintenance Grounds, Gas, Management

Heating & Cooling

Fireplace 1
Heating Type Baseboard
Cooling Air Conditioning

Utilities

Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Front Access, Concrete
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning RAM1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View 1
View Description Green Space
Units In Development -
Exterior Features Balcony
Sewer Public Sewer

Property History

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Status Date Price
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Listed by: Sutton Group Seafair Realty

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
A.R. MacNeill Secondary School
1.29 km
Elementary
William Cook Elementary School
Average
0.89 km
5.7/10
Elementary
William Cook Elementary School
0.89 km

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

Private Schools

Elementary
Pythagoras Academy
0.93 km
Secondary
City Vancouver Academy
1.09 km

Closest Transit

Bus Stop
Southbound Garden City Rd @ Lansdowne Rd
0.06 km
Skytrain
Skytrain @ Lansdowne Stn
0.81 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 108 5488 Arcadia Road, a stunning property nestled in the heart of Richmond, BC. This exceptional home, listed as MLS® R3074432, offers a unique blend of comfort and convenience, making it an ideal choice for families and individuals alike.

As we stroll through the neighborhood, let's start with the local schools. William Cook Elementary School, a highly-rated institution with a 5.7/10 rating, is just a short 0.89 km from this beautiful property. Here, children can thrive in a supportive environment, and families can rest assured knowing they're investing in their child's education. Just down the road, A.R. MacNeill Secondary School, with its No Rating, provides a seamless transition to secondary education for students in the area.

For those seeking alternative educational options, Pythagoras Academy, an independent elementary school with No Rating, is conveniently located just 0.93 km from this property. For secondary school students, City Vancouver Academy, another independent institution with No Rating, is situated about 1.09 km away.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood boasts an overall crime rate of 7,826.57 incidents per 100,000 population, which is Average compared to other Canadian cities. While there were 16,909 volation disturbances in the area, the year-by-year change in the total crime rate is a reassuring -3.39%. Family safety is also a priority, with a Low violent crime rate of 919.25 incidents per 100,000 population.

As we explore the community, we'll find that the nearby Southbound Garden City Rd @ Lansdowne Rd bus station is just 0.06 km away, providing easy access to public transportation.

Now, let's delve into the demographics of this charming neighborhood. With 32.5% of residents holding a university certificate or degree, this area is Above Average in comparison to other BC neighborhoods. However, 12.9% of the population has no certificate or degree, making it Below Average compared to the average in BC.

The median household income near this property is $48,081, which is Low compared to the British Columbia average. Similarly, the median personal income is $22,396, also Low compared to the BC average. However, 66.7% of households in this area have a mortgage, making it Above Average.

The unemployment rate in this region is 7.6%, which is Average compared to other province neighborhoods.

This area has experienced a population growth of 16.8% between 2011 and 2016, making it High compared to average growth rates in this region. The community is densely populated, with 13,233.7 people per square kilometer, which is High.

Families with children make up 63.3% of households in this area, which is Above Average. However, the average family size is 2.7, making it Below Average compared to the whole region.

The average age of the population is 41.3, which is Average compared to other BC cities.

The average value of dwellings in this neighborhood is $389,044, which is Average compared to other areas in British Columbia.

Average owner payments are Average in this area, with owners paying $1,163 per month on average. Tenants, on the other hand, are paying $1,211 per month, which is Above Average.

37.8% of the population in this area are renters, making it Above Average compared to other BC cities and areas.

English and French speakers make up 4.1% of the population, which is Low. However, 81.4% of residents speak only English, making it Below Average.

In terms of transportation, 27.6% of the population uses public transport, making it High. On the other hand, 60.3% of residents use cars, making it Low. 1% of people use bicycles, which is Average, and 10.2% walk, making it High.

In conclusion, 108 5488 Arcadia Road, Richmond, BC (MLS® R3074432) is a wonderful property that offers a perfect blend of comfort, convenience, and community. With its highly-rated local schools, Average crime rate, and diverse demographics, this home is sure to please even the most discerning buyer. Come and experience it for yourself!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $478,000
Richmond $458,667
Brighouse $578,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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