38 7111 Lynnwood Dr, Richmond, BC, MLS® R3063594

$799,000
Est. Mortgage /mo

5.8% price reduction

$799,000
$848,000
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
3 Beds
3 Baths
3 Stories
$ 455.02 Maint. Fee
1166 sqft
1997 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

38 7111 Lynnwood Dr, Richmond, BC | MLS® R3063594 Property Details

5.8% price reduction

Welcome to Laurelwood, an exceptional townhouse community in the heart of Richmond’s desirable Granville area! This spacious 3-level, 3 beds, 3 baths home offers 1,166sf of thoughtfully designed living space w/ modern updates, warm laminate floors, & a cozy gas fireplace. The bright kitchen features built-in oven, microwave, & ample cabinetry perfect for entertaining. Enjoy outdoor living w/ your private balcony & quiet rear exposure. The single garage + visitor parking provides convenience, while the well-managed complex offers resort-style amenities including a clubhouse, guest suite, playground, & lush gardens. Located minutes to parks, golf, shopping, & transit. School catchment: Donald E McKay Elem & JN Burnett Secondary School.

General Info

Price $799,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1166
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1997
Age Of Building 28
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Building Amenities Clubhouse, Trash, Maintenance Grounds, Management, Recreation Facilities
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3063594
Area Richmond
Neighbourhood Granville
City Richmond
Gross Taxes $2,804.1
Ownership Type Freehold Strata
Maintenance Fee $455.02
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Trash, Maintenance Grounds, Management, Recreation Facilities

Heating & Cooling

Fireplace 1
Heating Type Natural Gas

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Guest, Rear Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions -
Zoning ZT23
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Guest Suite
View Description -
Units In Development 0
Exterior Features Garden, Playground, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Dracco Pacific Realty & Dracco Pacific Realty

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
0.24 km
Secondary
J N Burnett Secondary School
0.24 km
Elementary
Donald E McKay Elementary School
0.24 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
2.18 km
Secondary
City Vancouver Academy
3.85 km

Closest Transit

Bus Stop
Eastbound Granville Ave @ Railway Ave
0.12 km
Skytrain
Skytrain @ Brighouse Stn
2.33 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 38 7111 Lynnwood Drive, a stunning property in the heart of Richmond, BC.

As your trusted realtor, I'd like to give you a tour of this beautiful home and its surroundings. With MLS listing R3063594, this property offers an unbeatable combination of comfort, convenience, and community spirit.

Education

Just a stone's throw away from 38 7111 Lynnwood Drive, you'll find Donald E McKay Elementary School (0.24 km) and J N Burnett Secondary School (0.24 km). Both schools have a strong reputation in the community, and parents love the proximity to these educational institutions. With a rating of No Rating, these schools provide a solid foundation for your children's education.

If you're looking for independent school options, St.Joseph the Worker School (2.18 km) is an excellent choice for elementary education, while City Vancouver Academy (3.85 km) is a great option for secondary education.

Safety and Crime

According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 38 7111 Lynnwood Drive, Richmond, BC, has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. The rate of 16,909 volation disturbances in this area is also Average. While there were 4,498 illegal substances lawbreaking disturbances in 2020, the year-by-year change in the illegal substances offences ranking is 19.46%. The property crime rate is Average, with 6,997 incidents in 2020. The violent crime rate is Low, with 1,986 incidents in 2020.

Demographics

The community surrounding 38 7111 Lynnwood Drive is a vibrant mix of families and professionals. With 29.1% of the population holding a university certificate or degree, this neighbourhood is Above Average in terms of education. However, 14.7% of the population has no certificate or degree, which is Below Average compared to the BC average.

The median household income in this area is $61,312, which is Below Average compared to the BC average. The median personal income is $22,925, which is Low compared to the BC average. However, the unemployment rate is 6.4%, which is Below Average in comparison to other province neighbourhoods.

Transit and Commuting

Getting around is a breeze with the Eastbound Granville Ave @ Railway Ave bus station just 0.12 km away from 38 7111 Lynnwood Drive. With 27.6% of the population using public transport, this area is Above Average. While 76.8% of the population uses cars, which is Below Average, 1.8% uses bicycles, which is Above Average, and 5% walks, which is Average.

Lifestyle and Amenities

This neighbourhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The average dwelling value in this area is $1,159,425, which is High compared to other areas in British Columbia. With 74.3% of families with children and an average family size of 3, this area is a great choice for families. The average age of the population is 41.4, which is Average compared to other BC cities.

Real Estate Context

As a buyer or seller in this market, it's essential to understand the local real estate context. With 56.8% of households having a mortgage, this area is Average. The average owner payments are High, with $1,595 spent on average for dwellings. Tenants pay $1,064 on average, which is Average compared to other cities. With 27.6% of the population renting, this area is Above Average compared to other BC cities and areas.

In conclusion, 38 7111 Lynnwood Drive, Richmond, BC, MLS listing R3063594, is an excellent choice for those seeking a comfortable, convenient, and community-oriented lifestyle. With its proximity to top-rated schools, low crime rate, and access to public transport, this property offers an unbeatable combination of amenities and services. As your trusted realtor, I'd be delighted to help you navigate the buying or selling process. Contact me today to schedule a viewing or to discuss your real estate needs.

Disclaimer:

The information provided is based on available data and should not be considered as professional advice. It's essential to verify the accuracy of the information and consult with experts before making any decisions.

MLS listing R3063594

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 $799,000
Richmond $850,000
Granville No comparables
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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