4991 Westminster Hwy, Richmond, BC, MLS® R3066761

$1,599,900
Est. Mortgage /mo

Below Assessment Value, Land Value only

$1,599,900
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
2 Baths
1 Stories
lot 9266 sqft
1560 sqft
1954 built
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Crime
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4991 Westminster Hwy, Richmond, BC | MLS® R3066761 Property Details

Below Assessment Value
Land Value only

A rare chance to secure a prime corner lot in Riverdale. This 71-year-old rancher sits on a generous 78’ x 118’ (9,266 sq ft) property with bright North-South and East exposure - perfect for a future custom home filled with natural light. Surrounded by newly built, multi-million-dollar residences, this neighbourhood is evolving into one of Richmond’s most sought-after enclaves. Stroll to McCallan Park, Dover Park and the scenic Dyke Trail to Terra Nova. Minutes to Richmond Centre & SkyTrain, Terra Nova Village, Olympic Oval, T&T, and quick access along No. 2 Road to Vancouver/YVR. Catchment schools: Thompson Elementary & Burnett Secondary. Priced $215,000 below BC Assessment, this is land value with long-term upside.

General Info

Price $1,599,900
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1560
Lot Size 9266
Lot Size Depth Feet
Lot Size Frontage 78
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3066761
Area Richmond
Neighbourhood Riverdale RI
City Richmond
Gross Taxes $5,795.66
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Electric

Utilities

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

Parking

Parking Type Detached, Front Access, Paver Block
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RSM/L
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Wall/Wall/Mixed, Carpet
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: RE/MAX Westcoast

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
James Thompson Elementary School
Above Average
0.68 km
7.4/10
Elementary
James Thompson Elementary School
0.68 km
Secondary
J N Burnett Secondary School
0.79 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
3.13 km
Secondary
City Vancouver Academy
3.54 km

Closest Transit

Bus Stop
Westbound Westminster Hwy @ Mccallan Rd
0.04 km
Skytrain
Skytrain @ Brighouse Stn
2.49 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 4991 Westminster Highway, Richmond, BC - MLS R3066761

As we walk through the charming community of Riverdale, nestled in the heart of Richmond, BC, I'm excited to share with you the wealth of amenities and attractions that make this area a sought-after destination. Our featured property, 4991 Westminster Highway, MLS R3066761, is a fantastic opportunity to experience the best of Richmond living.

Education

Families with children will love knowing that James Thompson Elementary School, with its No Rating, is just a short 0.68 km from our property. This highly regarded school is a testament to the community's commitment to providing excellent educational opportunities. Additionally, St. Joseph the Worker School, an independent elementary school, is approximately 3.13 km away, offering families a range of choices for their children's education.

Safety

According to the 2020 Statistics Canada report, the crime rate in this neighbourhood is Average, with 7,826.57 incidents per 100,000 population. This is reassuring for families who value a safe and secure environment. While property crimes are Average, with 3,238.66 incidents, the violent crime rate is Low, with 919.25 incidents per 100,000 population. This suggests that our community prioritizes the well-being and safety of its residents.

Demographics

The Riverdale RI neighbourhood has a unique character, with 32.6% of residents holding a university certificate or degree, ranking Above Average in BC. In contrast, 12.1% of the population has no certificate or degree, which is Low compared to the average in BC. This diversity creates a vibrant and inclusive community.

Lifestyle Amenities

Our property is surrounded by an array of lifestyle amenities, including the Westbound Westminster Hwy @ McCallan Rd bus station, just 0.04 km away. This convenient public transportation option makes it easy to explore Richmond and beyond. Additionally, the area offers a mix of parks, beaches, trails, and shopping malls, ensuring that residents have plenty of opportunities for outdoor activities and entertainment.

Real Estate Context

The average dwelling value in this neighbourhood is $2,146,408, ranking High compared to other areas in British Columbia. With an average owner payment of $2,249, residents can expect a comfortable and affordable living arrangement. In contrast, tenants are paying $1,444, which is High compared to other cities.

Community Insights

The Riverdale RI neighbourhood has experienced a population change of -8.7% between 2011 and 2016, which is Low in comparison to the average growth rate of this region. However, the area's population density is 2,564.3 people per square kilometre, ranking Above Average. This suggests a dynamic and growing community.

Getting Around

Residents of 4991 Westminster Highway, MLS R3066761, have easy access to a range of transportation options, including public transportation, cars, bicycles, and walking. In fact, 2.3% of people in the area use bicycles, which is Above Average. This makes it easy to explore Richmond and beyond, whether for work, play, or daily errands.

Come Home to 4991 Westminster Highway, Richmond, BC - MLS R3066761

As we explore the charming community of Riverdale, it's clear that 4991 Westminster Highway, MLS R3066761, is an exceptional opportunity to experience the best of Richmond living. With its excellent education options, safe environment, diverse community, and convenient lifestyle amenities, this property is sure to delight families, professionals, and anyone looking for a comfortable and affordable home in a desirable neighbourhood.

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 $1,599,900
Richmond $1,926,667
Riverdale RI 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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