"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.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 13'6 x 13'6 ft |
| Main Level | Dining Room | 9'5 x 9'5 ft |
| Main Level | Kitchen | 8'7 x 8'7 ft |
| Main Level | Primary Bedroom | 15'3 x 15'3 ft |
| Main Level | Bedroom | 11'4 x 11'4 ft |
| Main Level | Bedroom | 11'3 x 11'3 ft |
| Main Level | Storage | 7'5 x 7'5 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
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 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.
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