8731 Finn Rd, Richmond, BC, MLS® R3025712

$12,990,000
Est. Mortgage /mo

13.3% price reduction

$12,990,000
$14,990,000
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
7 Beds
8 Baths
2 Stories
lot 653400 sqft
14432 sqft
2014 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

8731 Finn Rd, Richmond, BC | MLS® R3025712 Property Details

13.3% price reduction

This exceptional property boasts a 15-acre park-like lot with a magnificent 14,432 sqft house. Custom-designed by Loy Leyland, this extraordinary dream house offers 7 spacious and bright ensuite bedrooms. It includes a separate entry with a kitchen and two additional bedrooms. Modern amenities and finishes. The property encompasses an indoor pool, hot tub, steam room, sauna, gym, wine cellar, and wet bar. The private landscaped garden showcases waterfalls, a private tennis court, organic vegetable and fruit gardens, 6 garages, and ample visitor parking. A true delight to showcase!

General Info

Price $12,990,000
Total Bedrooms 7
Total Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 14432
Lot Size 15
Lot Size Depth Feet
Lot Size Frontage 405.08
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2014
Age Of Building 11
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Instant Hot Water, Microwave, Oven
Building Amenities Exercise Centre
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3025712
Area Richmond
Neighbourhood Gilmore
City Richmond
Gross Taxes $31,484.95
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Amenities Nearby Exercise Centre

Heating & Cooling

Fireplace 2
Heating Type Heat Pump, Natural Gas, Radiant
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Other, Front Access, Paver Block, Garage Door Opener
Total Parking Spaces 20

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Strata Restrictions -
Rental Restrictions -
Zoning AG1
Rental Suites -
# of Kitchens 3
Flooring Other
Foundation Concrete Perimeter
Interior Features Guest Suite, Central Vacuum, Wet Bar
Locker -
View 1
View Description MOUNTAINS AND FIELDS
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Roof Concrete

Property History

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Status Date Price
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Listed by: Sutton Group - 1st West Realty & 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
Matthew McNair Secondary School
2.9 km
Elementary
Thomas Kidd Elementary School
Average
2.78 km
5.2/10
Elementary
Thomas Kidd Elementary School
2.78 km

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

Private Schools

Elementary
Ark Elementary School
1.23 km
4.3/10
Average
Elementary, Secondary
Richmond Christian School
3.63 km
9.3/10
Excellent

Closest Transit

Bus Stop
Eastbound Steveston Hwy @ Roseland Gate
1.57 km
Skytrain
Skytrain @ Brighouse Stn
5.37 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Possible
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 8731 Finn Road, a beautiful property located in the heart of Richmond, BC. As we step into this lovely home, I'd like to take a moment to talk about the wonderful community that surrounds it.

Just a short drive away, your kids will have access to excellent schools, including Thomas Kidd Elementary School, which has a rating of 5.2/10 and is located just 2.78 km from this property. For secondary education, Matthew McNair Secondary School is also nearby, with a rating of No Rating and located 2.9 km from this home.

If you're looking for alternative education options, Ark Elementary School, with a rating of 4.3/10, is an independent elementary school located just 1.23 km from this property. For secondary independent schools, Richmond Christian School, with a rating of 9.3/10, is located 3.63 km away.

Now, let's talk about the crime rates in the area. According to Statistics Canada's 2020 report, the overall crime rate in this neighbourhood is 7,826.57, which is considered Average compared to other Canadian cities. The rate of 16,909 volation disturbances in 2020 is also Average. However, it's worth noting that the drug crime rate in this area is High, with an illegal substances offences rating of 2,081.96. The year-over-year change in the illegal substances offences ranking is 19.46%.

On a more positive note, property crimes in this neighbourhood are Average, with a property misconduct rating of 3,238.66 and 6,997 incidents in 2020. The year-over-year change in the property misconduct rate is -14.19%. Additionally, the violent crime rate in this area is Low, with 1,986 incidents in 2020 and a rate of 919.25.

For those who rely on public transportation, the closest Bus station is Eastbound Steveston Hwy @ Roseland Gate, which is just 1.57 km away from this property.

Now, let's talk about the demographics of this community. 39% of people with a university certificate or degree live in this neighbourhood, which is High compared to other BC neighbourhoods. On the other hand, 8.9% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income in this area is $88,858, which is Above Average compared to the British Columbia average. The median personal income is $44,504, which is also High compared to the BC average. Additionally, 55.7% of households in this area have a mortgage, which is Average.

The unemployment rate in this area is 3.8%, which is Low compared to other province neighbourhoods. The population growth rate between 2011 and 2016 was 1%, which is Average in comparison to the average growth rate of this region.

This area has a population density of 470.7 people per square kilometre, which is Average. The average size of families in this area is 2.9, which is Average in comparison to the whole region. 60.1% of families in this area have children, which is Average. Additionally, 63.2% of residents in this area are married or living common law, which is Above Average.

The average age of the population in this area is 43.6, which is Above Average in comparison to other BC cities. The average value of dwellings in this area is $980,101, which is High compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are Above Average in this area, with owners spending an average of $1,512 per month. Tenants in this area are paying an average of $1,355 per month, which is High compared to other cities.

Finally, 12.3% of the population in this area are renters, which is Below Average compared to other BC cities and areas. The percentage of English and French speakers in this area is 9.5%, which is Above Average. The percentage of English speakers only is 87.3%, which is Below Average. Additionally, 3.2% of the population in this area speak neither English nor French, which is Above Average.

As for transportation, 11% of the population in this area use public transportation, which is Average. 82.7% of residents use cars, which is Average. 2.6% of the population use bicycles, which is Above Average. And 2.8% of residents walk, which is Below Average.

In conclusion, 8731 Finn Road, Richmond, BC is a wonderful property located in a diverse and vibrant community. With excellent schools, Average crime rates, and a range of

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 $12,990,000
Richmond $2,552,300
Gilmore 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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