316 7500 Minoru Blvd, Richmond, BC | MLS^® R3079718 Property Details

Spacious & bright 1220 SQ.FT. 2 bedrooms with 1.5 bath unit. South facing, top floor with vaulted ceiling and two covered balconies. In-suite laundry, enormous size primary bedroom and generous size second bedroom. Includes one covered & gated parking space. Polygon built and rainscreened in 2015 with new windows, doors, balcony membrane & gutter system. Proactive strata with over $290,000 in reserve funds. Low $450.04 monthly strata fees includes City of Richmond utility bill. Centrally located, Skytrain, Richmond Center, Minoru pool/rec center, Seniors center, schools are all nearby.

General Info

Price $582,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 1

Floor Area Total (sqft) 1221

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1985

Age Of Building 41

Building Type Apartment/Condo

Property Type Residential

Stories 1

Building Amenities Caretaker, Trash, Maintenance Grounds, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3079718

Area Richmond

Neighbourhood Brighouse South

City Richmond

Gross Taxes $2,079.12

Ownership Type Freehold Strata

Maintenance Fee $450.04

Community Features Shopping Nearby

Amenities Nearby Caretaker, Trash, Maintenance Grounds, Sewer, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace 1

Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Natural Gas Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Side Access

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Cats OK, No Dogs, Number Limit (One), Yes With Restrictions

Rental Restrictions -

Zoning RAM1

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Tile

Foundation Concrete Perimeter

Interior Features Elevator

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15' x 15' ft
Main Level	Dining Room	11'9 x 11'9 ft
Main Level	Kitchen	11'8 x 11'8 ft
Main Level	Primary Bedroom	19'2 x 19'2 ft
Main Level	Bedroom	13'4 x 13'4 ft
Main Level	Laundry	5'2 x 5'2 ft
Main Level	Utility	7'7 x 7'7 ft
Main Level	Foyer	10'11 x 10'11 ft

Listed by: RA Realty Alliance 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

Secondary

Richmond Secondary School

0.43 km

Elementary

W D Ferris Elementary School

0.59 km

Elementary

W D Ferris Elementary School

Above Average

0.59 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

0.77 km

10/10

Excellent

Secondary

City Vancouver Academy

2.96 km

Closest Transit

Bus Stop

Northbound No. 3 Rd @ Jones Rd

0.22 km

Skytrain

Skytrain @ Brighouse Stn

1.07 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 316 7500 Minoru Boulevard, a charming home in Richmond, BC!

As we step into this beautiful community, I'm excited to share with you the unique features and amenities that make this neighborhood so special. Let's start with the schools – a top priority for many families.

Local Schools

Located just 0.59 km from W D Ferris Elementary School, this property with listing MLS^® R3079718 is a great choice for families. W D Ferris Elementary School has a rating of No Rating, but it's a well-respected institution in the community. Richmond Secondary School is also nearby, with a rating of No Rating, and is just 0.43 km from the property.

But that's not all – for parents seeking a more specialized education, St. Paul School is the closest Elementary independent school, with a rating of 10/10, located 0.77 km away. And for those looking for Secondary independent options, City Vancouver Academy has a No Rating and is 2.96 km from the property.

Crime and Safety

Let's talk about safety – a top concern for anyone considering a new home. According to Statistics Canada's 2020 report, there were 16,909 volation disturbances in this neighbourhood, with an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. While there were 4,498 illegal substances lawbreaking disturbances, the illegal substances offences rating is High, with a year-by-year change of 19.46%. However, property crimes are Average, with a property misconduct rating of 3,238.66, and a year-by-year change of -14.19%.

Demographics

Now, let's dive into the demographics of this vibrant community. With a population density per square kilometre of 10,667.2, this neighbourhood is one of the most densely populated areas in Richmond. The average size of families is 2.7, which is Below Average, but the percent of families with children is 63.2%, which is Above Average.

Lifestyle and Amenities

When it comes to lifestyle and amenities, this neighbourhood has everything you need. The closest bus station is Northbound No. 3 Rd @ Jones Rd, just 0.22 km away from this listing with MLS^® R3079718.

Education and Income

In terms of education, 34.9% of people with a university certificate or degree live in this neighbourhood, which is High in comparison to other BC neighbourhoods. However, 13.9% of the population has no certificate or degree, which is Below Average.

The median household income in this neighbourhood is $57,280, which is Below Average in comparison to the British Columbia average. The median personal income is $26,549, which is Low. And the percent of households with a mortgage is 53.8%, which is Below Average.

Unemployment and Growth

Unemployment rates in this area are 6.4%, which is Below Average in comparison to other province neighbourhoods. And in terms of growth, the population change between 2011 and 2016 was 1.4%, which is Average.

Transportation and Commuting

Now, let's talk about transportation. 30.9% of the population uses public transport, which is High. 62.3% use cars, which is Low. 1% use bicycles, which is Average. And 4.7% walk, which is Average.

Real Estate Context

Last but not least, let's talk about real estate. The average value of dwellings in this neighbourhood is $467,720, which is Above Average in comparison to other areas in British Columbia. And the average owner payments are Below Average, with owners spending $1,067 on average for their dwelling. Tenants pay $1,186, which is Above Average.

Neighbourhood Insights

With 25.4% of the population renting, this neighbourhood is Average in comparison to other BC cities and areas. And with a low percentage of Neither English nor French speakers at 10.8%, this neighbourhood is High in comparison to other BC cities.

Conclusion

As we conclude our tour of 316 7500 Minoru Boulevard, I hope you've fallen in love with this charming home and its vibrant community. From its prime location to its excellent schools and amenities, this property is a great choice for anyone looking to call Richmond, BC home.