305 7457 Moffatt Rd, Richmond, BC | MLS^® R3058703 Property Details

12.6% price reduction

Top-Floor 1-Bedroom Condo in Colony Bay South – Central Richmond Living! Bright, oversized 1-bedroom home in the highly desirable Colony Bay South, a well-maintained complex in the heart of Richmond, BC. This top-floor unit features vaulted ceilings, abundant natural light, and a large covered southeast-facing balcony overlooking peaceful green space. Enjoy an updated kitchen and bathroom, a cozy gas fireplace, in-suite good size storage room and laundry. Steps to Richmond Centre Mall, schools, new recreation and seniors centers, and an easy walk to the Canada Line. A perfect mix of comfort, convenience, and quiet. Lots of visitor parking.

General Info

Price $498,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 878

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1987

Age Of Building 38

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3058703

Area Richmond

Neighbourhood Brighouse South

City Richmond

Gross Taxes $1,818.81

Ownership Type Freehold Strata

Maintenance Fee $349.09

Community Features Shopping Nearby

Amenities Nearby Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 1

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Side Access

Total Parking Spaces 1

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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 -

Zoning RAM1

Rental Suites None

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'5 x 19'5 ft
Main Level	Dining Room	12'4 x 12'4 ft
Main Level	Kitchen	12'0 x 12'0 ft
Main Level	Primary Bedroom	14'3 x 14'3 ft
Main Level	Laundry	8'2 x 8'2 ft
Main Level	Storage	6'0 x 6'0 ft

Listed by: Royal LePage Westside

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

0.4 km

Elementary

W D Ferris Elementary School

0.45 km

Elementary

W D Ferris Elementary School

Above Average

0.45 km

8.3/10

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

Private Schools

Elementary

St.Paul School

1.09 km

10/10

Excellent

Secondary

City Vancouver Academy

3.13 km

Closest Transit

Bus Stop

Northbound Gilbert Rd @ Donald Rd

0.2 km

Skytrain

Skytrain @ Brighouse Stn

1.23 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 305 7457 Moffatt Road, a beautiful property in the heart of Brighouse South, Richmond, BC, proudly presented with listing MLS^® R3058703. As your trusted realtor, I'm excited to guide you through the numerous amenities and features that make this home a standout in the area.

Schools

Let's start with the educational institutions that will shape the future of your family. W D Ferris Elementary School is a mere 0.45 km away from this property, offering a rating of No Rating (according to the latest data). However, I must highlight that families love this area because of its proximity to excellent schools. Richmond Secondary School, located just 0.4 km from this property, also boasts a No Rating. But, for those seeking an independent elementary school, St. Paul School is a 10/10-rated institution, situated 1.09 km from this home. For secondary independent school options, City Vancouver Academy is a 3.13 km drive away, with a No Rating.

Crime Rate

According to Statistics Canada's 2020 report, the neighbourhood surrounding 305 7457 Moffatt Road has an overall crime rate of 7,826.57 incidents per 100,000 population. While this may seem high, it's essential to note that it's actually Average compared to other Canadian cities. The year-by-year change in the total crime rate is a -3.39% decrease, indicating a trend of decreasing crime rates in the area.

Drug Crime Rate

Regarding drug-related crimes, the area surrounding MLS^® R3058703 has a High rating, with 2,081.96 incidents per 100,000 population in 2020. However, it's worth mentioning that the year-by-year change in the illegal substances offences ranking is a 19.46% increase.

Property Crimes

On the other hand, property crimes in the neighbourhood are Average, with a rating of 3,238.66 incidents per 100,000 population in 2020. This represents a -14.19% change in the property misconduct rate compared to the previous year.

Violent Crime Rate

Fortunately, the violent crime rate in the area is Low, with 919.25 incidents per 100,000 population in 2020. This is a 0.06% change in the violent crime rate compared to the previous year.

Transit

Getting around is a breeze, thanks to the proximity of the Northbound Gilbert Rd @ Donald Rd bus station, located just 0.2 km away from this property with listing MLS^® R3058703.

Demographics

Let's dive into the demographics of the area surrounding 305 7457 Moffatt Road, Richmond, BC. With 34.2% of residents holding a university certificate or degree, this neighbourhood is considered High in comparison to other BC neighbourhoods. However, 11.2% of the population has no certificate or degree, which is Low compared to the average in BC.

Income and Unemployment

The median household income in this area is $55,893, which is Below Average compared to the British Columbia average. Meanwhile, the median personal income is $25,902, also Low in comparison to the BC average. The unemployment rate in the area is 6%, which is Below Average in comparison to other province neighbourhoods.

Population Growth and Density

The population change between 2011 and 2016 was 4.5%, which is Above Average compared to the average growth rate of this region. With a population density of 16,414 people per square kilometre, this community is considered High.

Family Structure and Age

The average size of families in the area is 2.8, which is Below Average in comparison to the whole region. However, 68.6% of families have children, making it an Above Average percentage. The average age of the population is 43.9 years, which is Above Average in comparison to other BC cities.

Real Estate Context

The average value of dwellings in this neighbourhood is $383,699, making it an Average comparison to other areas in British Columbia. With Average owner payments of $1,082, this area is Below Average in terms of housing costs. Tenants, on the other hand, pay $1,115 on average, which is Above Average compared to other cities.

Language and Transportation

A unique aspect of this area is the high percentage of renters, with 32.2% of the population renting their homes, making it Above Average compared to other BC cities and areas. The primary modes of transportation in this area are walking, using public transport, and driving cars, with 6.4%, 23.5%, and 66.9% of the population, respectively.

As your trusted realtor, I hope this comprehensive