7831 NO 5 RD, Richmond BC V6Y 2V3, Richmond, BC

$1,849,000
Est. Mortgage /mo

MLS® R2781013

Closed

$1,760,000
Closed at 30 Aug 2023
Listing price: $1,849,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
4 Baths
2 Stories
lot 17467 sqft
3200 sqft
1980 built
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Property details

CALLING all INVESTORS and DEVELOPERS!! This property boasts an impressive and RARELY available lot size of ~ 18,000 sqft (.40 acre). Located on the famous HIGHWAY TO HEAVEN, on No. 5 Road. Currently there is a 2 storey home which features a 6 bed, 4 bath home with basement entry. Great RENTAL potential while you wait to DEVELOP. With its prime location and potential for development, this property is sure to impress. Centrally located in Richmond close to schools, parks, grocery stores and much more. Schedule a viewing today and see for yourself the endless possibilities this property has to offer!

General Info

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Property History

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Status Date Price
Sold 08-30-2023 $1,849,000

Listed by:

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
Kingswood Elementary School
Average
1.19 km
Rating 6.8/10
Secondary
Matthew McNair Secondary School
2.19 km
No Rating
Elementary
Kingswood Elementary School
1.19 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
Cornerstone Christian Academy
Above Average
0.07 km
Rating 10/10
Elementary, Secondary
Richmond Christian School
Above Average
2 km
Rating 9.3/10

Closest Transit

Translink
Northbound No. 5 Rd @ Blundell Rd
0.02 km

7831 NO 5 ROAD, Richmond BC V6Y 2V3 is serviced by Kingswood Elementary School. The property with listing MLS® R2781013 is located 1.19 km from the school. Kingswood Elementary School has a rating of Rating 6.8/10.

This home with address 7831 NO 5 ROAD, Richmond BC V6Y 2V3, Richmond, BC is also serviced by Matthew McNair Secondary School and located 2.19 km from it. Matthew McNair Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7831 NO 5 ROAD, Richmond BC V6Y 2V3 is Cornerstone Christian Academy with School's rating Rating 10/10, located 0.07 km from this home.

The closest to this address 7831 NO 5 ROAD, Richmond BC V6Y 2V3 Secondary independent school is Richmond Christian School with School's rating Rating 9.3/10, located 2 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 - 7831 NO 5 ROAD, Richmond BC V6Y 2V3, 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® R2781013 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 7831 NO 5 ROAD, Richmond BC V6Y 2V3 are Average. Property misconduct rating adjacent to MLS® R2781013 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 No. 5 Rd @ Blundell Rd in 0.02 km away from this listing with - MLS® R2781013.

25.9% of people with university certificate/degree live in this neighbourhood adjacent to the 7831 NO 5 ROAD, Richmond BC V6Y 2V3 which is Above Average in comparison with other BC neighbourhoods. 16.6% of population in this neighbourhood that is near the Listing MLS® R2781013 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 7831 NO 5 ROAD, Richmond BC V6Y 2V3, Richmond, BC is $80939 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2781013 is $30619 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 59.6% which is Average.

Unemployment rate in the area around Real Estate Listing # R2781013 is 5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 7831 NO 5 ROAD, Richmond BC V6Y 2V3 McLennan where population change between 2011 and 2016 was 5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7831 NO 5 ROAD, Richmond BC V6Y 2V3, Richmond, BC is 1476.7 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 7831 NO 5 ROAD, Richmond BC V6Y 2V3 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® R2781013 is 68.8% and it is Above Average. % of Married or living common law is around 59.9% and it is Average.

Average age of the population close to the 7831 NO 5 ROAD, Richmond BC V6Y 2V3 is 41.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7831 NO 5 ROAD, Richmond BC V6Y 2V3, Richmond, BC is $987082 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 7831 NO 5 ROAD, Richmond BC V6Y 2V3. $1440 owners spent in average for the dwelling. Tenants are paying $1489 in this district close to MLS® R2781013 and it is High comparing to other cities.

27% of Population in this district near the 7831 NO 5 ROAD, Richmond BC V6Y 2V3 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7831 NO 5 ROAD, Richmond BC V6Y 2V3, Richmond, BC is 5.3%, it is Below Average, % of English speakers only is 87.9% and Below Average. % of French speakers adjacent to 7831 NO 5 ROAD, Richmond BC V6Y 2V3 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 7831 NO 5 ROAD, Richmond BC V6Y 2V3, Richmond, BC is 6.7% and it is High comparing to other BC cities.

15.7% of all population in the area around this property with the address 7831 NO 5 ROAD, Richmond BC V6Y 2V3, Richmond, BC using Public Transport which is Above Average, 78.9% of using population are using Cars around MLS® R2781013, which is Below Average. 0.7% of people using Bicycles around the 7831 NO 5 ROAD, Richmond BC V6Y 2V3 and it is Below Average. 2.5% of population are walking which is Below 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 $1,849,000
Richmond No comparables
McLennan 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
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