213 7240 Lindsay Rd, Richmond, BC, MLS® R2363069

$338,800
Est. Mortgage /mo

$338,800
$288,900
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
1 Baths
1 Stories
$ 1056.5 Maint. Fee
1057 sqft
1974 built
Show more info
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Map
Street view
Schools
Crime
Commute
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213 7240 Lindsay Rd, Richmond, BC | MLS® R2363069 Property Details

"Leasehold" 3 bdrms expires in 2087, with balcony and in-suite storage. Shared Laundry. Rental allowed. no pets. Excellent investment for your cash flow. The management fee includes Property Tax, Heat, Water, Hot Water, City utilities, and Caretaker. Building updates: new exteriors, new roof, new double vinyl windows & balcony doors, new balconies, new pipping. Walking distance to McKay Elementary School, Burnett Secondary School, Thompson Community Center, Park, the Dyke, and Public Transit. It's hard to get a mortgage. Cash sale preferred. Seller's mortgage available for qualified buyers. Newly renovated in Feb 2023. Easy to show.

General Info

Price $338,800
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1057
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1974
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Refrigerator, Stove
Building Amenities Caretaker, Trash, Heat, Hot Water, Management, Sewer, Snow Removal, Taxes, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2363069
Area Richmond
Neighbourhood Granville
City Richmond
Gross Taxes 0
Ownership Type Leasehold not prepaid-Strata
Maintenance Fee $1,056.5
Amenities Nearby Caretaker, Trash, Heat, Hot Water, Management, Sewer, Snow Removal, Taxes, Water
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitation
Water (WaterSource) Public

Parking

Parking Type Open, Guest, Front Access
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No Cats, No Dogs, No
Rental Restrictions -
Zoning MFD
Rental Suites -
Laundry Common Area
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
View Description -
Units In Development -
Exterior Features Balcony
Sewer Sanitation

Property History

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Status Date Price
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Listed by: 1NE Collective Realty Inc.

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
Donald E McKay Elementary School
0.08 km
Secondary
J N Burnett Secondary School
0.42 km
Elementary
Donald E McKay Elementary School
0.08 km

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

Private Schools

Elementary
St.Joseph the Worker School
2.03 km
Secondary
City Vancouver Academy
3.93 km

Closest Transit

Bus Stop
Northbound Railway Ave @ Linfield Gate
0.25 km
Skytrain
Skytrain @ Brighouse Stn
2.34 km

Noise/ Power Lines

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

Other

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

Welcome to 213 7240 Lindsay Road, a vibrant neighborhood in Richmond, BC

As we walk through the charming streets of this community, you'll notice the proximity to excellent schools, including Donald E McKay Elementary School, which is just 0.08 km away from this stunning property with MLS® R2363069. This school has a rating of No Rating, but families love this area because of its strong sense of community and commitment to education.

Just down the road, you'll find J N Burnett Secondary School, another highly-regarded institution with a rating of No Rating, located 0.42 km from the property. This school is perfect for students who thrive in a dynamic learning environment.

For families seeking alternative education options, St. Joseph the Worker School, an independent elementary school, is just 2.03 km away, with a rating of No Rating. Meanwhile, City Vancouver Academy, a secondary independent school, is a bit farther, but still within reach at 3.93 km, with a rating of No Rating.

Now, let's talk about the safety of this neighborhood. According to Statistics Canada's 2020 report, the overall crime rate near 213 7240 Lindsay Road, Richmond, BC, is 7,826.57, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is -3.39%, indicating a stable and secure environment.

However, it's worth noting that the drug crime rate in this area is High, with a rating of 2,081.96. Nevertheless, the overall crime rate remains Average, and the neighborhood is considered a safe place to live.

Now, let's explore the demographics of this community. Richmond, BC, is a diverse city, and the neighborhood around 213 7240 Lindsay Road, Richmond, BC, reflects this diversity. With 29.1% of the population holding a university certificate or degree, this area is Above Average compared to other BC neighborhoods.

However, the median household income is $61,312, which is Below Average compared to the British Columbia average. Nevertheless, the median personal income is $22,925, which is Low compared to the BC average, indicating a relatively affordable cost of living.

According to the latest data, 56.8% of households in this area have a mortgage, which is Average compared to other neighborhoods. The unemployment rate is 6.4%, which is Below Average compared to other provinces.

Now, let's talk about the housing market. The average value of dwellings in this area is $1,159,425, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending $1,595 on average for their dwellings.

Meanwhile, tenants are paying $1,064, which is Average compared to other cities. The rental market in this area is Above Average, with 27.6% of the population renting their homes.

In terms of transportation, this neighborhood is well-connected, with a bus station just 0.25 km away from 213 7240 Lindsay Road, Richmond, BC, with MLS® R2363069. The population density per square kilometer is 4,495.2, which is High, indicating a vibrant and diverse community.

The average age of the population in this area is 41.4, which is Average compared to other BC cities. The average size of families in this area is 3, which is Above Average, and 74.3% of families have children, which is High.

Overall, 213 7240 Lindsay Road, Richmond, BC, is a vibrant and diverse neighborhood that offers a unique blend of community, education, and lifestyle amenities.

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 $338,800
Richmond $352,428
Granville $308,000
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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