503 7380 Elmbridge Way, Richmond, BC | MLS^® R2959544 Property Details

8.8% price reduction

Over 1000 sqft living space bright & large corner unit. Experience the perfect blend of comfort and convenience in the heart of Richmond. This elegant 3-bedroom and 2-bathroom Bosa-developed condo features stunning Mountian view. Open-concept and functional kitchen with maple cabinets for storage. Newly renovated floors. Exceptional amenities include a gym, hot tub, party room, guest suites, and a serene rooftop garden. Secure parking and a dedicated caretaker provide peace of mind. An ideal location, steps to restaurants, Olympic Oval, T&T, supermarks, skytrain statios and Richmond Center. Great opportunity for First-time Buyer and investors! CALL NOW for private showing, DON'T MISS THIS ONE.

General Info

Price $729,000

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1033

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1996

Age Of Building 29

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R2959544

Area Richmond

Neighbourhood Brighouse

City Richmond

Gross Taxes $2,119.38

Ownership Type Freehold Strata

Maintenance Fee $646.62

Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace 0

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Guest, Front Access

Total Parking Spaces 1

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Strata Restrictions Rentals Allwd w/Restrctns

Rental Restrictions -

Zoning CDT1

Rental Suites -

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker -

View Description Mountian View

Units In Development -

Exterior Features Garden, Playground, Balcony

Sewer Public Sewer, Sanitary Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11' x 11' ft
Main Level	Dining Room	10' x 10' ft
Main Level	Kitchen	8'2'' x 8'2'' ft
Main Level	Primary Bedroom	10'11 x 10'11 ft
Main Level	Bedroom	11'11 x 11'11 ft
Main Level	Bedroom	6'11' x 6'11' ft

Listed by: Nu Stream Realty 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

1.15 km

Elementary

Samuel Brighouse Elementary School

Average

0.82 km

6.5/10

Elementary

Samuel Brighouse Elementary School

0.82 km

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

Private Schools

Elementary

Pythagoras Academy

1.57 km

Secondary

City Vancouver Academy

1.79 km

Closest Transit

Bus Stop

Westbound Elmbridge Way @ Alderbridge Way

0.1 km

Skytrain

Skytrain @ Lansdowne Stn

0.56 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Possible

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 503 7380 Elmbridge Way, Richmond, BC - MLS^® R2959544

As we step into this beautiful community, let's start with the heart of family life: schools. The property is serviced by Samuel Brighouse Elementary School, a highly rated institution with a rating of 6.5/10. You'll find this school just 0.82 km from your doorstep, making it an ideal choice for families. Plus, Richmond Secondary School is also within a 1.15 km radius, offering your children access to top-notch education.

Safety First

Let's talk about crime rates. According to the latest data from Statistics Canada (2020), the neighbourhood surrounding 503 7380 Elmbridge Way, Richmond, BC, has an overall crime rate of 7,826.57 incidents per 100,000 population. Compared to other Canadian cities, this is considered Average. However, it's worth noting that the crime rate has decreased by 3.39% year-over-year.

A Closer Look at Crime Rates

While the overall crime rate is Average, it's essential to understand the different types of crimes. The rate of drug-related crimes near MLS^® R2959544 is High, with 2,081.96 incidents per 100,000 population. This is higher compared to other neighbourhoods. On the other hand, property crimes are Average, with 3,238.66 incidents per 100,000 population. Violent crime rates are Low, with 919.25 incidents per 100,000 population.

Convenience and Lifestyle

Now, let's talk about the convenience and lifestyle amenities. The closest Bus station is Westbound Elmbridge Way @ Alderbridge Way, just 0.1 km away from your doorstep. This makes public transportation easily accessible.

Community Insights

The community surrounding 503 7380 Elmbridge Way, Richmond, BC, is known for its high level of education. With 33.8% of the population holding a university certificate or degree, this is considered High compared to other BC neighbourhoods. However, 13% of the population has no certificate or degree, which is Below Average.

Financial Insights

When it comes to finances, the median household income near 503 7380 Elmbridge Way, Richmond, BC, is $36,759, which is Low compared to the British Columbia average. The median personal income is $18,514, also Low compared to the BC average. Additionally, 55% of households in this census subdivision have a mortgage, which is Below Average.

Demographics and Population Growth

The area surrounding MLS^® R2959544 has an unemployment rate of 8.8%, which is Average compared to other province neighbourhoods. The population change between 2011 and 2016 was 37.3%, which is High compared to average growth rate of this region. The population density per square kilometre is 4,066.2, making it a densely populated area.

Family Dynamics

The average family size in this area is 2.6, which is Low compared to the whole region. The percent of families with children is 54.5%, which is Below Average. However, 55.7% of the population is married or living common law, which is also Below Average.

Aging Population

The average age of the population in this area is 42.9, which is Above Average compared to other BC cities.

Real Estate Insights

The average value of dwellings in this neighbourhood is $711,643, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,392 on average for their dwellings. Tenants are paying $1,363 in this district, which is also High compared to other cities.

Language and Transportation

The majority of the population speaks English, with 79.7% speaking only English, which is Below Average. However, 27.6% of the population uses public transportation, which is High compared to other BC cities.

Experience the Best of Richmond, BC

503 7380 Elmbridge Way, Richmond, BC, MLS^® R2959544, is a fantastic opportunity to live in a vibrant community with access to top-notch schools, convenient public transportation, and a diverse range of lifestyle amenities. Come and experience the best of Richmond, BC, today!