7540 NO.2 RD, Richmond BC V7C 3L9, Richmond, BC

$2,580,000
Est. Mortgage /mo

MLS® R3020986

NEW

$2,580,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
4 Baths
3 Stories
lot 10980 sqft
3564 sqft
1968 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Investor & Builder Alert! Rare opportunity to own a large 10,980 sq ft lot (85.8 ft frontage) in central Richmond with huge future development potential—possible 6–8 townhouse units (verify with City). The home offers plenty of space and mortgage helper income, including a 2-bedroom suite with separate entrance rented at $2,500/month, a 1-bedroom suite rented at $1,500/month, plus 2 garages rented at $1,000/month total. Upper level has 3 bedrooms, spacious living/dining areas, and a large covered deck. Circular driveway, big workshops, and extra parking. Located in Blundell Elementary and Richmond Secondary (IB Program) catchments, near shopping, parks, and transit. Live in, rent out, or redevelop — endless options on this prime lot!

General Info

Price $2,580,000
Total Bedrooms 5
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3564
Lot Size 10980
Lot Size Depth Feet
Lot Size Frontage 85.83
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1968
Age Of Building 57
Building Type Single Family Residence
Property Type Residential
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3020986
Area Richmond
Neighbourhood Granville
City Richmond
Gross Taxes $6,358.12
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 3
Heating Type Baseboard, Hot Water, Natural Gas

Utilities

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

Parking

Parking Type Detached, Garage Double, Garage Single, Front Access
Total Parking Spaces 10

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites Legal Suite
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Other
Roof Asphalt

Property History

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Status Date Price
Active - $2,580,000
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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
1.22 km
No Rating
Elementary
Blundell Elementary School
0.57 km
No Rating
Elementary
Blundell Elementary School
0.57 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St.Paul School
2.01 km
Rating 10/10
Secondary
City Vancouver Academy
3.71 km
No Rating

Closest Transit

Translink
Eastbound Blundell Rd @ No. 2 Rd
0.24 km

7540 NO.2 ROAD, Richmond BC V7C 3L9 is serviced by Blundell Elementary School. The property with listing MLS® R3020986 is located 0.57 km from the school. Blundell Elementary School has a rating of No Rating.

This home with address 7540 NO.2 ROAD, Richmond BC V7C 3L9, Richmond, BC is also serviced by Richmond Secondary School and located 1.22 km from it. Richmond Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7540 NO.2 ROAD, Richmond BC V7C 3L9 is St.Paul School with School's rating Rating 10/10, located 2.01 km from this home.

The closest to this address 7540 NO.2 ROAD, Richmond BC V7C 3L9 Secondary independent school is City Vancouver Academy with School's rating No Rating, located 3.71 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 - 7540 NO.2 ROAD, Richmond BC V7C 3L9, 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® R3020986 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 7540 NO.2 ROAD, Richmond BC V7C 3L9 are Average. Property misconduct rating adjacent to MLS® R3020986 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 Eastbound Blundell Rd @ No. 2 Rd in 0.24 km away from this listing with - MLS® R3020986.

37.4% of people with university certificate/degree live in this neighbourhood adjacent to the 7540 NO.2 ROAD, Richmond BC V7C 3L9 which is High in comparison with other BC neighbourhoods. 12.4% of population in this neighbourhood that is near the Listing MLS® R3020986 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 7540 NO.2 ROAD, Richmond BC V7C 3L9, Richmond, BC is $66496 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3020986 is $20821 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.9% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R3020986 is 11.7 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 7540 NO.2 ROAD, Richmond BC V7C 3L9 where population change between 2011 and 2016 was -5%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7540 NO.2 ROAD, Richmond BC V7C 3L9, Richmond, BC is 3369.4 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 7540 NO.2 ROAD, Richmond BC V7C 3L9 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® R3020986 is 73.6% and it is High. % of Married or living common law is around 63.2% and it is Above Average.

Average age of the population close to the 7540 NO.2 ROAD, Richmond BC V7C 3L9 is 41.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7540 NO.2 ROAD, Richmond BC V7C 3L9, Richmond, BC is $1882924 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7540 NO.2 ROAD, Richmond BC V7C 3L9. $2103 owners spent in average for the dwelling. Tenants are paying $1439 in this district close to MLS® R3020986 and it is High comparing to other cities.

13.1% of Population in this district near the 7540 NO.2 ROAD, Richmond BC V7C 3L9 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7540 NO.2 ROAD, Richmond BC V7C 3L9, Richmond, BC is 2.8%, it is Low, % of English speakers only is 78.9% and Below Average. % of Neither English nor French speakers close to home for sale 7540 NO.2 ROAD, Richmond BC V7C 3L9, Richmond, BC is 18.4% and it is High comparing to other BC cities.

16.4% of all population in the area around this property with the address 7540 NO.2 ROAD, Richmond BC V7C 3L9, Richmond, BC using Public Transport which is Above Average, 77.6% of using population are using Cars around MLS® R3020986, which is Below Average. 0% of people using Bicycles around the 7540 NO.2 ROAD, Richmond BC V7C 3L9 and it is . 5.3% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,580,000
Richmond 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
Call or Text Now!
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