18840 River Rd Rd, Richmond, BC, MLS® R3071468

$2,300,000
Est. Mortgage /mo

$2,300,000
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
0 Stories
lot 186872 sqft
0 sqft
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18840 River Rd Rd, Richmond, BC | MLS® R3071468 Property Details

Discover endless possibilities on this 4.29-acre elevated parcel, raised 8–10 feet above neighbouring properties. Perfectly positioned across from the Fraser River, this rare offering is rich with potential. With a Development Permit nearing approval and plans drawn for a large home, storefront, sizable barn, and lavender farm, it’s an exceptional opportunity for families seeking rural living. Investors will appreciate the strong business prospects this prime location provides. Assessed at: $3,080,000. Don’t miss this incredible opportunity!

General Info

Price $2,300,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 4.29
Lot Size Depth Feet
Lot Size Frontage -
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3071468
Area Richmond
Neighbourhood East Richmond
City Richmond
Gross Taxes $7,630.5
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Not Available, Natural Gas Not Available, Phone Not Available, Cable Not Available
Water (WaterSource) None

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning AG1
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: Babych Group Realty Vancouver 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

Elementary
Kingswood Elementary School
Average
7.96 km
6.8/10
Secondary
Cambie Secondary School
5.01 km
Elementary
Kingswood Elementary School
7.96 km

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

Private Schools

Elementary
Fawkes Academy
3.75 km
Secondary
Glen Eden School
4.8 km

Closest Transit

Bus Stop
Eastbound North Fraser Way @ Fraserton Court
0.74 km
Skytrain
Skytrain @ Royal Oak Stn
3.49 km

Noise/ Power Lines

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

Other

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

Welcome to 18840 River Rd Road, a stunning property in Richmond, BC, listed as MLS® R3071468!

As we step into this beautiful community, let's start with the local schools. Just down the road, you'll find Kingswood Elementary School, rated 6.8/10, which is conveniently located 7.96 km from this property. Kingswood Elementary School is a wonderful choice for families, and I've seen firsthand how much they appreciate its caring teachers and engaging curriculum.

In addition to Kingswood Elementary, this property is also serviced by Cambie Secondary School, rated No Rating, which is just 5.01 km away. Cambie Secondary School offers a variety of programs and extracurricular activities, making it an excellent option for students of all interests and abilities.

If you're interested in independent schools, Fawkes Academy, with a rating of No Rating, is the closest elementary school, located 3.75 km from this home. Glen Eden School, also with a rating of No Rating, is the closest secondary independent school, situated 4.8 km away.

Now, let's talk about crime rates. According to the latest statistics from Statistics Canada (2020), there were 16,909 disturbances in this neighbourhood, with a total crime rate of 7,826.57, which is considered Average compared to other Canadian cities. However, it's worth noting that the year-over-year change in the total crime rate is -3.39%, indicating a downward trend.

In terms of specific crime types, the drug crime rate near this property is High, with a rating of 2,081.96 and 4,498 illegal substances lawbreaking disturbances in 2020. The year-over-year change in the illegal substances offences ranking is 19.46%. On the other hand, property crimes in this neighbourhood are Average, with a rating of 3,238.66 and 6,997 incidents in 2020. The year-over-year change in the property misconduct rate is -14.19%.

Violent lawbreaking disorders in this area were relatively low, with 1,986 incidents in 2020 and a rate of 919.25, which is considered Low compared to other BC municipalities. The year-over-year change in the violent crime rate is 0.06%.

Now, let's explore the community's lifestyle amenities. The closest Bus station is Eastbound North Fraser Way @ Fraserton Court, which is just 0.74 km away from this property.

When it comes to demographics, 24.9% of the population in this neighbourhood has a university certificate or degree, which is Above Average compared to other BC neighbourhoods. However, 15.5% of the population has no certificate or degree, which is Below Average compared to the average in BC.

The median household income near this property is $73,045, which is Average compared to the British Columbia average. The median personal income is $31,706, which is Below Average compared to the BC average. Additionally, 51.2% of households in this census subdivision have a mortgage, which is Below Average.

The unemployment rate in this area is 4.1%, which is considered Low compared to other province neighbourhoods.

In terms of population growth, the area around this property has experienced an average growth rate of 1.3% between 2011 and 2016, which is Average compared to the region's average growth rate.

The population density per square kilometre in this community is 104.5, which is Below Average. However, the average size of families in this area is 3.1, which is Above Average compared to the whole region.

Furthermore, 67.2% of families in this neighbourhood have children, which is Above Average. The average age of the population in this area is 41.1, which is Average compared to other BC cities.

The average value of dwellings in this neighbourhood is $1,072,415, which is High compared to other areas in British Columbia. Additionally, the average owner payments are Above Average in this area, with owners spending $1,476 on average. Tenants are paying $1,249, which is also Above Average compared to other cities.

Interestingly, 56.2% of the population in this district are renters, which is High compared to other BC cities and areas. Furthermore, 17.3% of the population in this area use public transport, which is Above Average. However, 74.5% of the population use cars, which is Below Average.

Lastly, 5.6% of the population in this area are walking, which is Above Average. Only 0.5% of the population use bicycles, which is Low.

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 $2,300,000
Richmond $999,000
East Richmond $1,766,333
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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