8311 Spires Rd, Richmond BC V6Y 1W1, Richmond, BC

$2,288,000
Est. Mortgage /mo

MLS® R2781585

Closed

$2,353,000
Closed at 17 Aug 2023
Listing price: $2,288,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 7840 sqft
2035 sqft
1965 built
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Property details

Fantastic home in central Richmond! Don't miss this one, extensive $500K reno done in 2020. A great opportunity for families, investors or hold for potential land assembly. Zoned "Urban Centre T5" for apt buildings, restaurants, etc. Separate garage building provides ample parking & possible studio suite for extended family or mortgage helper income. Estimated $6500/mth rent makes this a lucrative asset for investors seeking robust returns in this high-demand rental area. Steps to Richmond's major malls, transit, skytrain, shopping, restaurants & much more! Nestled on a quiet street, new fencing around the yard & patios create a private serene space, despite the home's proximity to downtown Richmond. 3 bdrms up, large legal 1 bdrm suite down + studio suite potential alongside the garage!

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Property History

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Status Date Price

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

Secondary
A.R. MacNeill Secondary School
1.07 km
No Rating
Elementary
William Cook Elementary School
Average
0.37 km
Rating 5.7/10
Elementary
William Cook Elementary School
0.37 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
Pythagoras Academy
1.42 km
No Rating
Elementary
Pythagoras Academy
1.42 km
No Rating

Closest Transit

Translink
Southbound Garden City Rd @ Ferndale Rd
0.19 km

8311 Spires Road, Richmond BC V6Y 1W1 is serviced by William Cook Elementary School. The property with listing MLS® R2781585 is located 0.37 km from the school. William Cook Elementary School has a rating of Rating 5.7/10.

This home with address 8311 Spires Road, Richmond BC V6Y 1W1, Richmond, BC is also serviced by A.R. MacNeill Secondary School and located 1.07 km from it. A.R. MacNeill Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 8311 Spires Road, Richmond BC V6Y 1W1 is Pythagoras Academy with School's rating No Rating, located 1.42 km from this home.

The closest to this address 8311 Spires Road, Richmond BC V6Y 1W1 Secondary independent school is Pythagoras Academy with School's rating No Rating, located 1.42 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 - 8311 Spires Road, Richmond BC V6Y 1W1, 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® R2781585 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 8311 Spires Road, Richmond BC V6Y 1W1 are Average. Property misconduct rating adjacent to MLS® R2781585 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 Southbound Garden City Rd @ Ferndale Rd in 0.19 km away from this listing with - MLS® R2781585.

32.5% of people with university certificate/degree live in this neighbourhood adjacent to the 8311 Spires Road, Richmond BC V6Y 1W1 which is Above Average in comparison with other BC neighbourhoods. 12.9% of population in this neighbourhood that is near the Listing MLS® R2781585 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 8311 Spires Road, Richmond BC V6Y 1W1, Richmond, BC is $48081 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2781585 is $22396 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 66.7% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2781585 is 7.6 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 8311 Spires Road, Richmond BC V6Y 1W1 Brighouse where population change between 2011 and 2016 was 16.8%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8311 Spires Road, Richmond BC V6Y 1W1, Richmond, BC is 13233.7 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 8311 Spires Road, Richmond BC V6Y 1W1 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2781585 is 63.3% and it is Above Average. % of Married or living common law is around 53.8% and it is Below Average.

Average age of the population close to the 8311 Spires Road, Richmond BC V6Y 1W1 is 41.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8311 Spires Road, Richmond BC V6Y 1W1, Richmond, BC is $389044 and this is Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 8311 Spires Road, Richmond BC V6Y 1W1. $1163 owners spent in average for the dwelling. Tenants are paying $1211 in this district close to MLS® R2781585 and it is Above Average comparing to other cities.

37.8% of Population in this district near the 8311 Spires Road, Richmond BC V6Y 1W1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8311 Spires Road, Richmond BC V6Y 1W1, Richmond, BC is 4.1%, it is Low, % of English speakers only is 81.4% and Below Average. % of French speakers adjacent to 8311 Spires Road, Richmond BC V6Y 1W1 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 8311 Spires Road, Richmond BC V6Y 1W1, Richmond, BC is 14.4% and it is High comparing to other BC cities.

27.6% of all population in the area around this property with the address 8311 Spires Road, Richmond BC V6Y 1W1, Richmond, BC using Public Transport which is High, 60.3% of using population are using Cars around MLS® R2781585, which is Low. 1% of people using Bicycles around the 8311 Spires Road, Richmond BC V6Y 1W1 and it is Average. 10.2% of population are walking which is High

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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 $2,288,000
Richmond $1,987,144
Brighouse $3,000,000
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
Call or Text Now!
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