112 7840 MOFFATT RD, Richmond BC V6Y 1X8, Richmond, BC

$425,000
Est. Mortgage /mo

MLS® R3015400

$425,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 347.21 Maint. Fee
654 sqft
1988 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Welcome to The Melrose! This updated 1 bed, 1 bath condo offers 654 sq ft of well-designed living space. Features include a walk-through bathroom, cozy gas fireplace, in-suite laundry, and recent upgrades such as a new dishwasher, modern kitchen faucet, and refreshed countertops. Relax on your private balcony or explore the vibrant community just minutes from Richmond Centre, Minoru Park, Brighouse Park, the public library, and Richmond Hospital. Located in the sought-after Ferris Elementary and Richmond Secondary catchment. Ideal for first-time buyers or investors. Quick possession available. Includes 1 parking and 1 storage locker.

General Info

Price $425,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 654
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1988
Age Of Building 37
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave
Building Amenities Trash, Gas, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3015400
Area Richmond
Neighbourhood Brighouse South
City Richmond
Gross Taxes $1,372.67
Ownership Type Freehold Strata
Maintenance Fee $347.21
Community Features Shopping Nearby
Amenities Nearby Trash, Gas, Hot Water, Management, Sewer, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard

Utilities

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

Parking

Parking Type Carport Single, Front Access, Concrete
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning RM-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View -
View Description -
Units In Development 94
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
Active - $425,000
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Listed by: Rennie & Associates Realty Ltd.

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
0.6 km
No Rating
Elementary
W D Ferris Elementary School
0.26 km
No Rating
Elementary
W D Ferris Elementary School
Above Average
0.26 km
Rating 8.3/10

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
St.Paul School
0.85 km
Rating 10/10
Secondary
City Vancouver Academy
3.27 km
No Rating

Closest Transit

Translink
Eastbound Blundell Rd @ Moffatt Rd
0.06 km

112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 is serviced by W D Ferris Elementary School. The property with listing MLS® R3015400 is located 0.26 km from the school. W D Ferris Elementary School has a rating of No Rating.

This home with address 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8, Richmond, BC is also serviced by Richmond Secondary School and located 0.6 km from it. Richmond Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 is St.Paul School with School's rating Rating 10/10, located 0.85 km from this home.

The closest to this address 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 Secondary independent school is City Vancouver Academy with School's rating No Rating, located 3.27 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 - 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8, 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® R3015400 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 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 are Average. Property misconduct rating adjacent to MLS® R3015400 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 Eastbound Blundell Rd @ Moffatt Rd in 0.06 km away from this listing with - MLS® R3015400.

34.9% of people with university certificate/degree live in this neighbourhood adjacent to the 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 which is High in comparison with other BC neighbourhoods. 13.9% of population in this neighbourhood that is near the Listing MLS® R3015400 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 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8, Richmond, BC is $57280 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3015400 is $26549 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 53.8% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R3015400 is 6.4 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 The Melrose where population change between 2011 and 2016 was 1.4%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8, Richmond, BC is 10667.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3015400 is 63.2% and it is Above Average. % of Married or living common law is around 55.7% and it is Below Average.

Average age of the population close to the 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 is 45.9 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8, Richmond, BC is $467720 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8. $1067 owners spent in average for the dwelling. Tenants are paying $1186 in this district close to MLS® R3015400 and it is Above Average comparing to other cities.

25.4% of Population in this district near the 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8, Richmond, BC is 4.4%, it is Below Average, % of English speakers only is 84.8% and Below Average. % of French speakers adjacent to 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8, Richmond, BC is 10.8% and it is High comparing to other BC cities.

30.9% of all population in the area around this property with the address 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8, Richmond, BC using Public Transport which is High, 62.3% of using population are using Cars around MLS® R3015400, which is Low. 1% of people using Bicycles around the 112 7840 MOFFATT ROAD, Richmond BC V6Y 1X8 and it is Average. 4.7% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 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.

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 $425,000
Richmond $435,031
The Melrose 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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