Investors alert! This property located at the Cambie & No 5 Road area is already zoned CC (Community Commercial) which is intended to provide for shopping centres with a wide range of retail uses and services for the community. Currently used as a single family residence, this rectangular shaped site is well suited for development and is located to the immediate south of the Cambie Plaza Shopping Centre.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 16'25 x 16'25 ft |
| Above Level | Bedroom | 11'66 x 11'66 ft |
| Below | Laundry | 20'66 x 20'66 ft |
| Main Level | Bedroom | 13'66 x 13'66 ft |
| Above Level | Bedroom | 11' x 11' ft |
| Below | Workshop | 10' x 10' ft |
| Main Level | Kitchen | 13'66 x 13'66 ft |
| Below | Other | 12'75 x 12'75 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #2 |
| Above Level | Yes | #3 |
| Below | Yes | #2 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 11771 Thorpe Road, Richmond, BC, a stunning property with MLS number R3074106 that boasts a prime location in the heart of East Cambie. As we walk through this beautiful neighborhood, you'll discover a wealth of amenities and attractions that make it an ideal place to call home.
Let's start with the schools. Mitchell Elementary School is just a stone's throw away from this property, with a distance of 0.32 km. While we couldn't find a rating for Mitchell Elementary, families love this area because of its excellent education system. In fact, Cambie Secondary School, another highly-rated institution, is just 0.85 km away. And if you're looking for a private school option, Pythagoras Academy is a great choice, located 2.5 km from this property.
Now, let's talk about crime. According to Statistics Canada's 2020 report, this neighborhood has an average crime rate of 7,826.57 incidents per 100,000 population, which is comparable to other Canadian cities. However, it's worth noting that the drug crime rate is higher than average, with a rating of 2,081.96. But don't worry, the property crime rate is average, with a rating of 3,238.66. And when it comes to violent crime, the rate is low, at 919.25 incidents per 100,000 population.
As we explore the demographics of this area, you'll find that 25.1% of residents hold a university certificate or degree, which is above average compared to other BC neighborhoods. However, 18.4% of the population have no certificate or degree, which is average compared to the rest of the province. The median household income is $87,680, which is above average, while the median personal income is $25,273, which is low compared to the BC average.
When it comes to transportation, this property is conveniently located near the Southbound No. 5 Rd @ Cambie Rd bus station, just 0.14 km away. And with a median age of 40.9, this neighborhood is an excellent choice for families, with 74.7% of households having children. In fact, the average family size is 3.1, which is above average.
Now, let's talk about the real estate context. The average value of dwellings in this neighborhood is $961,706, which is high compared to other areas in British Columbia. And with average owner payments of $1,578 and tenants paying $1,321, this is a great investment opportunity.
As we explore the community, you'll find plenty of lifestyle amenities to enjoy. There are several parks and beaches nearby, as well as trails and dog parks for outdoor enthusiasts. You'll also find shopping malls, grocery stores, and restaurants to suit every taste. And with a low unemployment rate of 5.4%, this neighborhood is an excellent choice for professionals and families alike.
In terms of population growth, this area has seen a decline of 2.3% between 2011 and 2016, which is below average compared to other neighborhoods in the region. However, with a population density of 2,742.9 people per square kilometer, this area is still a popular choice for those who want to be close to the action.
So why choose 11771 Thorpe Road, Richmond, BC, with MLS number R3074106? This property offers a unique blend of convenience, amenities, and lifestyle options that make it an ideal place to call home. Whether you're a family, a professional, or an investor, this property has something for everyone.
As an experienced realtor with a deep understanding of this neighborhood, I can assure you that this property is a hidden gem. With its excellent schools, average crime rate, and high median household income, this area is an excellent choice for those who want to live in a safe and prosperous community. So don't wait – contact me today to schedule a viewing and make this property yours.
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