5524 Cornwall Dr, Richmond, BC, MLS® R3079063

$2,359,800
Est. Mortgage /mo

NEW

$2,359,800
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
6 Beds
5 Baths
2 Stories
lot 6958 sqft
3899 sqft
1992 built
Show more info
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Map
Street view
Schools
Crime
Commute
Shop & Eat

5524 Cornwall Dr, Richmond, BC | MLS® R3079063 Property Details

EXECUTIVE 6 bdrm, 5 bath home in prestigious Terra Nova, over 3,800+ sq ft on one of the LARGEST LOTS in the neighbourhood. Spacious floorplan incl a main-floor bdrm w/ensuite, ideal for nanny or extended family. Impressive entrance w/vaulted ceilings and gorgeous staircase. Formal living room with FP and beautiful millwork. Kitchen has granite counters, gas cook top and island, opens onto the spacious family room w/gas FP, wet bar and STUNNING BACKYARD w/mature landscaping, interlocking brick patio in a private setting. Luxurious primary bdrm offers a 5pce ensuite and walk-in closet. Walk to highly ranked Spul'u'kwuks Elementary and the Terra Nova Shopping Village, Dyke Trail system and parks. This neighbourhood allows easy access to Vancouver, YVR, and central Richmond.

General Info

Price $2,359,800
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 3899
Lot Size 6958
Lot Size Depth Feet
Lot Size Frontage 68.89
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1992
Age Of Building 34
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Sauna/Steam Room
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3079063
Area Richmond
Neighbourhood Terra Nova
City Richmond
Gross Taxes $8,099.31
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Amenities Nearby Sauna/Steam Room
Fixtures Included -

Heating & Cooling

Fireplace 3
Heating Type Hot Water, Radiant

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/B
Rental Suites -
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Sanitary Sewer, Storm Sewer
Roof Asphalt

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
Spul'u'kwuks Elementary School
Above Average
0.21 km
7.9/10
Elementary
Spul'u'kwuks Elementary School
0.21 km
Secondary
J N Burnett Secondary School
1.58 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
3.47 km
Secondary
City Vancouver Academy
4.5 km

Closest Transit

Bus Stop
Southbound No. 1 Rd @ Westminster Hwy
0.44 km
Skytrain
Skytrain @ Yvr-Airport Stn
2.41 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 5524 Cornwall Drive, Richmond, BC - MLS R3079063

As we step into this charming community, you'll discover a blend of tranquility and convenience. Our guided tour will highlight the exceptional features of this neighborhood, making it an ideal place to call home.

Education - Spul'ukwus Elementary School

Within a short 0.21 km walk from 5524 Cornwall Drive, you'll find Spul'ukwus Elementary School, rated No Rating. This school is a significant advantage for families, providing a solid foundation for their children's education. For students seeking a different educational experience, St. Joseph the Worker School (No Rating) is located 3.47 km away, offering an independent elementary education. For secondary education, City Vancouver Academy (No Rating) is situated 4.5 km from this address.

Safety - Crime Statistics

According to the latest data from Statistics Canada (2020), this neighborhood boasts a relatively safe environment, with an overall crime rate of 7,826.57 incidents per 100,000 population. This is classified as Average in comparison to other Canadian cities. In terms of year-over-year change, the total crime rate has decreased by -3.39%. The drug crime rate near MLS R3079063 is High, with a rating of 2,081.96 incidents in 2020, representing a 19.46% increase in the illegal substances offenses ranking.

Property Safety

The neighborhood surrounding 5524 Cornwall Drive has seen a decrease in property misconduct, with a rating of 3,238.66 incidents in 2020, a -14.19% change from the previous year. This indicates a relatively safe environment for homeowners. Conversely, the violent crime rate is Low, with 919.25 incidents in 2020, a 0.06% change from the previous year.

Quality of Life

The proximity to public transportation is a significant advantage for residents of 5524 Cornwall Drive. The Southbound No. 1 Rd @ Westminster Hwy bus station is just 0.44 km away, providing easy access to various destinations.

Demographics and Lifestyle

This neighborhood boasts a high percentage of residents with a university certificate or degree, at 42.7%, which is High compared to other BC neighborhoods. Furthermore, 11.3% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $69,717, categorized as Average in comparison to the British Columbia average. The median personal income is $25,160, which is Low in comparison to the BC average. A significant 50% of households in this area have a mortgage, which is Below Average.

Community and Amenities

The community surrounding 5524 Cornwall Drive is diverse, with 82.7% of residents speaking only English, a Below Average percentage. Nevertheless, 4.6% of the population speaks both English and French, and 13% speaks neither language, a High percentage compared to other BC cities.

Commuting and Transportation

The neighborhood offers a balance of public transportation options, with 14.2% of the population using public transport, an Average percentage. A significant 81.7% of residents use cars, while 0.9% use bicycles, both categorized as Average. In contrast, 2.8% of the population walks, which is Below Average.

Real Estate and Property Values

The average value of dwellings in this neighborhood is $1,295,237, a High figure compared to other areas in British Columbia. The average owner payments are also High, at $1,694. Tenants in the area pay an average of $1,689, also a High figure.

Renters and Homeowners

A relatively low 11.2% of the population in this district are renters, a Below Average percentage compared to other BC cities. In contrast, the homeownership rate is significantly higher, with the majority of residents owning their homes.

Conclusion

5524 Cornwall Drive, Richmond, BC - MLS R3079063, offers a unique blend of tranquility, convenience, and community spirit. With its proximity to schools, public transportation, and amenities, this neighborhood is an ideal place to call home. As a seasoned realtor, I invite you to explore this charming community and discover the possibilities it has to offer.

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 $2,359,800
Richmond $2,826,000
Terra Nova $2,690,000
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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