11771 Thorpe Rd, Richmond, BC, MLS® R3074106

$1,988,000
Est. Mortgage /mo

$1,988,000
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
3 Beds
3 Baths
2 Stories
lot 8595 sqft
1420 sqft
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

11771 Thorpe Rd, Richmond, BC | MLS® R3074106 Property Details

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.

General Info

Price $1,988,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 2
Floor Area Total (sqft) 1420
Lot Size 8595
Lot Size Depth Feet
Lot Size Frontage 65
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building 999
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3074106
Area Richmond
Neighbourhood East Cambie
City Richmond
Gross Taxes $5,373.76
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

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

Parking

Parking Type Carport Multiple
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning CC
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Show more

Listed by: AWM - Alliance Real Estate Group 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
Cambie Secondary School
0.85 km
Elementary
Mitchell Elementary School
0.32 km
Elementary
Mitchell Elementary School
Above Average
0.32 km
7.4/10

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

Private Schools

Elementary
Pythagoras Academy
2.5 km
Secondary
Canada Star Secondary School
0.47 km

Closest Transit

Bus Stop
Southbound No. 5 Rd @ Cambie Rd
0.14 km
Skytrain
Skytrain @ Bridgeport Stn
2.74 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 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.

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 $1,988,000
Richmond $1,553,481
East Cambie 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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