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
Property Metrics
Additional Details
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Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 19'7 x 19'7 ft |
| Main Level | Dining Room | 10' x 10' ft |
| Main Level | Kitchen | 15' x 15' ft |
| Main Level | Laundry | 8'7 x 8'7 ft |
| Main Level | Primary Bedroom | 11' x 11' ft |
| Main Level | Bedroom | 11'5 x 11'5 ft |
| Main Level | Bedroom | 12'1 x 12'1 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #2 |
| 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.
Private Schools
Closest Transit
Noise/ Power Lines
Other
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.
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