120 5311 Cedarbridge Way, Richmond, BC, MLS® R2870547

$764,900
Est. Mortgage /mo

Closed

$750,000
Closed at 04 Oct 2024
Listing price: $764,900
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
2 Beds
2 Baths
0 Stories
$ 645.39 Maint. Fee
987 sqft
2016 built
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Schools
Crime
Commute
Shop & Eat

120 5311 Cedarbridge Way, Richmond, BC | MLS® R2870547 Property Details

WELCOME TO RIVA 2 - Nestled on the ground floor, this hidden-gem features an EXPANSIVE 2-bedroom + den layout with a PRIVATE PATIO stretching over 170 sqft. This nearly 1000 sqft residence is infused with morning sunlight due to its desirable SOUTH-WEST EXPOSURE. Revel in the efficient floorplan with NO WASTED SPACE and enjoy year-round comfort with INTEGRATED AC. Centrally positioned with Vancouver merely a 5-minute drive away, while the Lansdowne skytrain station is just a brief walk, offering seamless access to all of Greater Vancouver. The prestigious Lansdowne Mall is alsowalking distance, home to T&T, Best Buy, and a myriad of other shops and eateries to satisfy your everyday needs. This home embodies the perfect blend of comfort, convenience, and serenity. 2 Parking, 1 Locker

General Info

Price $764,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 987
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2016
Age Of Building 8
Building Type Apartment/Condo
Property Type Residential
Architecture Style Ground Level Unit
Stories 0
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2870547
Area Richmond
Neighbourhood Brighouse
City Richmond
Gross Taxes $2,293.44
Ownership Type Freehold Strata
Maintenance Fee $645.39
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, Sewer, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Heat Pump
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Garage Under Building
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning RAH2
Rental Suites -
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View -
View Description -
Units In Development 340
Sewer Public Sewer

Property History

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Status Date Price
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Listed by: FaithWilson Christies International Real Estate

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
1.64 km
Elementary
Samuel Brighouse Elementary School
Average
1.19 km
6.5/10
Elementary
Samuel Brighouse Elementary School
1.19 km

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

Private Schools

Elementary
Pythagoras Academy
1.34 km
Secondary
City Vancouver Academy
1.54 km

Closest Transit

Bus Stop
Westbound Elmbridge Way @ Gilbert Rd
0.43 km
Skytrain
Skytrain @ Lansdowne Stn
0.55 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

120 5311 Cedarbridge Way is serviced by Samuel Brighouse Elementary School. The property with listing MLS® R2870547 is located 1.19 km from the school. Samuel Brighouse Elementary School has a rating of Rating 6.5/10.

This home with address 120 5311 Cedarbridge Way, Richmond, BC is also serviced by Richmond Secondary School and located 1.64 km from it. Richmond Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 120 5311 Cedarbridge Way is Pythagoras Academy with School's rating No Rating, located 1.34 km from this home.

The closest to this address 120 5311 Cedarbridge Way Secondary independent school is City Vancouver Academy with School's rating No Rating, located 1.54 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 - 120 5311 Cedarbridge Way, 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® R2870547 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 120 5311 Cedarbridge Way are Average. Property misconduct rating adjacent to MLS® R2870547 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 Westbound Elmbridge Way @ Gilbert Rd in 0.43 km away from this listing with - MLS® R2870547.

33.8% of people with university certificate/degree live in this neighbourhood adjacent to the 120 5311 Cedarbridge Way which is High in comparison with other BC neighbourhoods. 13% of population in this neighbourhood that is near the Listing MLS® R2870547 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 120 5311 Cedarbridge Way, Richmond, BC is $36759 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2870547 is $18514 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 55% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2870547 is 8.8 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 120 5311 Cedarbridge Way Brighouse where population change between 2011 and 2016 was 37.3%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 120 5311 Cedarbridge Way, Richmond, BC is 4066.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 120 5311 Cedarbridge Way is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2870547 is 54.5% and it is Below Average. % of Married or living common law is around 55.7% and it is Below Average.

Average age of the population close to the 120 5311 Cedarbridge Way is 42.9 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 120 5311 Cedarbridge Way, Richmond, BC is $711643 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 120 5311 Cedarbridge Way. $1392 owners spent in average for the dwelling. Tenants are paying $1363 in this district close to MLS® R2870547 and it is High comparing to other cities.

43.9% of Population in this district near the 120 5311 Cedarbridge Way are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 120 5311 Cedarbridge Way, Richmond, BC is 2.9%, it is Low, % of English speakers only is 79.7% and Below Average. % of French speakers adjacent to 120 5311 Cedarbridge Way only is 0% and it is Low. % of Neither English nor French speakers close to home for sale 120 5311 Cedarbridge Way, Richmond, BC is 17.4% and it is High comparing to other BC cities.

27.6% of all population in the area around this property with the address 120 5311 Cedarbridge Way, Richmond, BC using Public Transport which is High, 57.9% of using population are using Cars around MLS® R2870547, which is Low. 0.9% of people using Bicycles around the 120 5311 Cedarbridge Way and it is Average. 13.1% of population are walking which is High

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 645.39
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 $764,900
Richmond $722,338
Brighouse $743,593
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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