5531 Lancing Rd, Richmond, BC, MLS® R2952089

$1,999,988
Est. Mortgage /mo

Closed

$1,850,000
Closed at 27 Feb 2025
Listing price: $1,999,988
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
4 Beds
2 Baths
3 Stories
lot 7925 sqft
1945 sqft
1959 built
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5531 Lancing Rd, Richmond, BC | MLS® R2952089 Property Details

Discover the warmth & charm of this classic split-level home in the heart of family-friendly Granville subdivision. Proud ownership of 57 years, this 3 bed 2 bath home offers 1945 sf of comfortable living space on a spacious 7925 sf corner lot w/ N-S-W exposure. Upstairs, you'll find a cozy living room/ formal dining & a well-appointed kitchen, perfect for gathering with loved ones. Spacious family room downstairs provides ample space for relaxation & entertainment. Enjoy the convenience of nearby amenities including McKay Elementary/Burnett Secondary, Thompson Community Centre, Blundell Shopping Plaza and public transit. Short drive to Richmond Centre & Minoru Park, with a wide range of shopping/dining & recreational opportunities. Bring your renovation idea and make this house your home!

General Info

Price $1,999,988
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1945
Lot Size 7925
Lot Size Depth Feet
Lot Size Frontage 66
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1959
Age Of Building 66
Building Type Single Family Residence
Property Type Residential
Architecture Style 3 Level Split
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2952089
Area Richmond
Neighbourhood Granville
City Richmond
Gross Taxes $6,206.69
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included 1

Heating & Cooling

Fireplace 1
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Carport Single, Front Access, Concrete
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Vinyl, Wall/Wall/Mixed, Carpet
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt, 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
Donald E McKay Elementary School
0.33 km
Secondary
J N Burnett Secondary School
0.81 km
Elementary
Donald E McKay Elementary School
0.33 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
1.75 km
Secondary
City Vancouver Academy
4.04 km

Closest Transit

Bus Stop
Northbound Railway Ave @ Lancing Rd
0.42 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

5531 Lancing Road is serviced by Donald E McKay Elementary School. The property with listing MLS® R2952089 is located 0.33 km from the school. Donald E McKay Elementary School has a rating of No Rating.

This home with address 5531 Lancing Road, Richmond, BC is also serviced by J N Burnett Secondary School and located 0.81 km from it. J N Burnett Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5531 Lancing Road is St.Joseph the Worker School with School's rating No Rating, located 1.75 km from this home.

The closest to this address 5531 Lancing Road Secondary independent school is City Vancouver Academy with School's rating No Rating, located 4.04 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 16,909 volation disturbances in this neighbourhood. The overall crime rate near the address - 5531 Lancing Road, Richmond, BC is 7,826.57. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -3.39%

Drug crime rate next to the listing MLS® R2952089 is High comparing to other neighbourhoods. The illegal substances offences rating is 2,081.96. There were 4,498 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 19.46%

Property crimes in the neighbourhood close to real estate listing for sale 5531 Lancing Road are Average. Property misconduct rating adjacent to MLS® R2952089 is 3,238.66. There were 6,997 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -14.19%

There were 1,986 violent lawbreaking disorders in 2020. 919.25 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is 0.06%

The closest Bus station is Northbound Railway Ave @ Lancing Rd in 0.42 km away from this listing with - MLS® R2952089.

29.1% of people with university certificate/degree live in this neighbourhood adjacent to the 5531 Lancing Road which is Above Average in comparison with other BC neighbourhoods. 14.7% of population in this neighbourhood that is near the Listing MLS® R2952089 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 5531 Lancing Road, Richmond, BC is $61312 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2952089 is $22925 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 56.8% which is Average.

Unemployment rate in the area around Real Estate Listing # R2952089 is 6.4 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 5531 Lancing Road Granville where population change between 2011 and 2016 was -3.1%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5531 Lancing Road, Richmond, BC is 4495.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 5531 Lancing Road is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2952089 is 74.3% and it is High. % of Married or living common law is around 60.5% and it is Average.

Average age of the population close to the 5531 Lancing Road is 41.4 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5531 Lancing Road, Richmond, BC is $1159425 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 5531 Lancing Road. $1595 owners spent in average for the dwelling. Tenants are paying $1064 in this district close to MLS® R2952089 and it is Average comparing to other cities.

27.6% of Population in this district near the 5531 Lancing Road are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5531 Lancing Road, Richmond, BC is 3.4%, it is Low, % of English speakers only is 82.2% and Below Average. % of Neither English nor French speakers close to home for sale 5531 Lancing Road, Richmond, BC is 14.4% and it is High comparing to other BC cities.

16.8% of all population in the area around this property with the address 5531 Lancing Road, Richmond, BC using Public Transport which is Above Average, 76.8% of using population are using Cars around MLS® R2952089, which is Below Average. 1.8% of people using Bicycles around the 5531 Lancing Road and it is Above Average. 5% of population are walking which is Average

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 $1,999,988
Richmond $1,655,000
Granville $1,575,000
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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