7531 Gilbert Rd, Richmond, BC, MLS® R3071834

$2,200,000
Est. Mortgage /mo

$2,200,000
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
9 Beds
7 Baths
2 Stories
lot 7700 sqft
3216 sqft
1953 built
Show more info
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Map
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Schools
Crime
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7531 Gilbert Rd, Richmond, BC | MLS® R3071834 Property Details

Great investment opportunity in Richmond's desirable Granville neighbourhood. Totally Renovated & Re-modeled 3216 sq. ft home situated on this 7,700 sq. ft east facing lot! Great for renting income or to build your dream home! Walking distance to Minoru Park, Richmond Library, Richmond Centre, Public transit and schools. Upstairs 5 bedrooms(3 en-suite) & 4 bath upstairs with separate entrance and kitchen. Downstairs with 4 bedrooms (1 en-suite) & 3 bath, laundry and kitchen. Generate big amount rental income monthly!

General Info

Price $2,200,000
Total Bedrooms 9
Total Bathrooms 7
Half Bathrooms 0
Floor Area Total (sqft) 3216
Lot Size 7700
Lot Size Depth Feet
Lot Size Frontage 67
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1953
Age Of Building 72
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3071834
Area Richmond
Neighbourhood Granville
City Richmond
Gross Taxes 0
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Forced Air

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
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites Unauthorized Suite
# of Kitchens 3
Flooring Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Luxmore 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
0.59 km
Elementary
Blundell Elementary School
0.39 km
Elementary
Blundell Elementary School
0.39 km

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

Private Schools

Elementary
St.Paul School
1.28 km
10/10
Excellent
Secondary
City Vancouver Academy
3.3 km

Closest Transit

Bus Stop
Southbound Gilbert Rd @ Donald Rd
0.02 km
Skytrain
Skytrain @ Brighouse Stn
1.42 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

Experience the Charm of Richmond's Gilbert Road

Imagine waking up every morning in the heart of Richmond's vibrant Gilbert Road neighborhood, surrounded by lush greenery and a sense of community. Welcome to 7531 Gilbert Road, a stunning property that checks all the boxes for families, professionals, and individuals seeking a tranquil yet dynamic lifestyle.

Nurturing Young Minds: Schools in the Area

Just down the road, you'll find Blundell Elementary School, a renowned institution that offers a safe and nurturing environment for your little ones. With a rating of No Rating, this school has garnered recognition for its commitment to academic excellence and holistic development. As a parent, you'll appreciate the school's proximity, just 0.39 km away from 7531 Gilbert Road. Richmond Secondary School, another esteemed institution, is also within walking distance, a mere 0.59 km from the property.

For parents seeking a more specialized education, the closest Elementary independent school is St. Paul School, boasting a stellar rating of 10/10. Located 1.28 km from 7531 Gilbert Road, this school provides a unique learning experience that's tailored to your child's needs. Meanwhile, City Vancouver Academy, a Secondary independent school, is 3.3 km away, offering a distinct learning environment that's perfect for students who thrive in a more focused setting.

A Safe and Secure Community

According to the latest crime statistics from Statistics Canada (2020), this neighborhood is characterized by an Average crime rate of 7,826.57 incidents per 100,000 population. This is a testament to the community's commitment to maintaining a safe and secure environment for residents. While there were 16,909 volation disturbances in the area, the overall crime rate is relatively low, providing you with peace of mind.

Breaking down the crime statistics, we see that drug crime rates are High, with a rating of 2,081.96 incidents per 100,000 population. However, this is a reflection of the area's proximity to major highways and public transportation routes. Property crimes, on the other hand, are Average, with a rating of 3,238.66 incidents per 100,000 population. Violent crime rates are Low, at 919.25 incidents per 100,000 population, providing a sense of security for residents.

Getting Around: Convenient Transit Options

Getting around Richmond's Gilbert Road neighborhood is a breeze, thanks to the numerous public transportation options available. The closest Bus station is Southbound Gilbert Rd @ Donald Rd, just 0.02 km away from 7531 Gilbert Road. With regular bus services connecting you to major highways and public transportation routes, you'll have unparalleled flexibility to explore the city and its surrounding areas.

Lifestyle and Amenities: A World of Possibilities

Richmond's Gilbert Road neighborhood is a hub of activity, with a diverse range of lifestyle amenities that cater to all interests and preferences. From parks and beaches to trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals, you'll find everything you need to live a balanced and fulfilling life.

Demographics and Community Profile

The demographics of this neighborhood are a testament to its appeal. With 37.4% of the population holding a university certificate or degree, this is a High level of educational attainment compared to other BC neighborhoods. Meanwhile, 12.4% of the population have no certificate or degree, which is Below Average compared to the BC average.

The median household income in this neighborhood is $66,496, which is Average compared to the BC average. However, the median personal income is $20,821, which is Low compared to the BC average. A significant proportion of households in this neighborhood have a mortgage, with 52.9% of households owning their homes, which is Below Average.

Economic and Employment Trends

Unemployment rates in this area are Above Average, at 11.7%. However, this is a reflection of the neighborhood's proximity to major highways and public transportation routes, which attracts a diverse range of businesses and industries.

Real Estate Context: A Thriving Market

The real estate market in Richmond's Gilbert Road neighborhood is thriving, with an Average value of dwellings in the area reaching $1,882,924. This is High compared to other areas in British Columbia. The average owner payments in this neighborhood are also High, at $2,103 per month. Tenants, however, are paying $1,439 per month, which is High compared to other cities.

Community Profile: A Diverse and Vibrant Neighborhood

This neighborhood is characterized by a diverse range of families, with an average family size of 3. This is Above Average compared to the whole region. A significant proportion of families in this neighborhood have children, with 73.6% of families having kids. This is High compared to other

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 $2,200,000
Richmond No comparables
Granville No comparables
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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