703 7040 Granville Ave, Richmond, BC | MLS^® R3043755 Property Details

Extremely well-maintained concrete building with 1038SF of super spacious living in the heart of Richmond and family oriented neighbourhood. In suite laundry and very low strata fee. Bright and spacious 2-bedroom, 2-bathroom corner unit with incredible views of Mt. Baker. Freshly painted and updated with a brand-new hood fan. Enjoy great amenities including an exercise centre, bike room, secured gated parking, and a storage locker. Steps to famous Minoru community centre, Richmond Centre, the public library, sports facilities, and a variety of restaurants. Top school catchments: Ferris Elementary and Richmond Secondary with its well known IB program. Transit is right at your doorstep. Walking distance to Canada Line. Easy to show!

General Info

Price $668,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1038

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1991

Age Of Building 34

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Management, Snow Removal, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3043755

Area Richmond

Neighbourhood Brighouse South

City Richmond

Gross Taxes $1,909.57

Ownership Type Freehold Strata

Maintenance Fee $361.43

Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Management, Snow Removal, Water

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Side Access

Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed

Pet Restrictions No

Rental Restrictions -

Zoning MF

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Mixed, Tile

Foundation Block

Interior Features Elevator, Storage

Locker 1

View Description Mountain, City View, Park

Units In Development 160

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17'9 x 17'9 ft
Main Level	Dining Room	10'5 x 10'5 ft
Main Level	Kitchen	6'10 x 6'10 ft
Main Level	Laundry	7'6 x 7'6 ft
Main Level	Primary Bedroom	14'0 x 14'0 ft
Main Level	Bedroom	11'7 x 11'7 ft

Listed by: RE/MAX City Realty

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

0.32 km

Elementary

W D Ferris Elementary School

0.94 km

Elementary

W D Ferris Elementary School

Above Average

0.94 km

8.3/10

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

Private Schools

Elementary

St.Paul School

1.49 km

10/10

Excellent

Secondary

City Vancouver Academy

2.79 km

Closest Transit

Bus Stop

Eastbound Granville Ave @ Gilbert Rd

0.04 km

Skytrain

Skytrain @ Brighouse Stn

0.97 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 703 7040 Granville Avenue, a stunning property located in the heart of Richmond, BC!

As we step into this beautiful community, you'll notice the proximity to excellent education institutions, including W D Ferris Elementary School, which is just 0.94 km away. This school has a rating of No Rating, but families love this area because of the highly rated Richmond Secondary School, located a mere 0.32 km from our property. Richmond Secondary School also boasts a No Rating.

For those seeking a more independent school experience, St. Paul School is a great option, with a rating of 10/10 and located 1.49 km from this home. If you're looking for a secondary independent school, City Vancouver Academy is another excellent choice, with a No Rating and located 2.79 km away.

Safety First

According to the latest crime data from Statistics Canada (2020), the neighbourhood surrounding 703 7040 Granville Avenue, Richmond, BC has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. With a rate of 16,909 volation disturbances, this community maintains a safe and peaceful atmosphere. The year-by-year change in the total crime rate is -3.39%, indicating a positive trend.

Crime Breakdown

Drug crime rate: High, with a rating of 2,081.96 and 4,498 illegal substances lawbreaking disturbances in 2020.
Property crimes: Average, with a rating of 3,238.66 and 6,997 property misconduct incidents in 2020.
Violent crime rate: Low, with 1,986 violent lawbreaking disorders in 2020 and a rate of 919.25.

Getting Around

The closest Bus station, Eastbound Granville Ave @ Gilbert Rd, is just 0.04 km away from this listing with MLS^® R3043755, making commuting convenient and efficient.

Community Profile

This neighbourhood is home to a diverse population, with 34.2% of residents holding a university certificate/degree, which is High compared to other BC neighbourhoods. On the other hand, 11.2% of the population has no certificate or degree, which is Low compared to the average in BC.

Economic Indicators

Median Household Income: $55,893, which is Below Average compared to the British Columbia average.
Median personal income: $25,902, which is Low compared to the BC average.
% of Households with a mortgage: 59.8%, which is Average.

Growth and Development

The population change between 2011 and 2016 was 4.5%, which is Above Average compared to the average growth rate of this region. The population density per square kilometre is 16,414, which is High.

Family-Friendly

The average size of families in this area is 2.8, which is Below Average. However, 68.6% of families have children, which is Above Average. The average age of the population is 43.9, which is Above Average compared to other BC cities.

Real Estate Context

The average value of dwellings in this neighbourhood is $383,699, which is Average compared to other areas in British Columbia. The average owner payments are Below Average, with $1,082 spent on average for the dwelling. Tenants pay $1,115 in this district, which is Above Average compared to other cities.

Demographics

32.2% of the population are renters, which is Above Average compared to other BC cities and areas.
% of English and French speakers: 4.1%, which is Low. % of English speakers only: 84.3%, which is Below Average.
% of Neither English nor French speakers: 11.4%, which is High compared to other BC cities.

Transportation

23.5% of the population use Public Transport, which is Above Average.
66.9% of the population use Cars, which is Low.
2.4% of the population use Bicycles, which is Above Average.
6.4% of the population are walking, which is Above Average.

Experience the Best of Richmond, BC

At 703 7040 Granville Avenue, MLS^® R3043755, you'll experience the perfect blend of education, safety, and community. Come and see for yourself why this property is the perfect choice for you and your family.