306 7240 Lindsay Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3116734

132 days on the market
$249,900
Est. Mortgage $1,106/mo
Listing updated:
EstateBlock checked:
3 Beds
1 Baths
1054 sqft
237 $ /sqft
1974 built
7.4% price reduction 45.9% cheaper than comps
132 days on the market
$249,900
$269,900
Est. $1,106/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 306 7240 Lindsay Road

7.4% price reduction 45.9% cheaper than comps

This bright and spacious 3 bedroom home offers incredible value, featuring a functional layout and large in suite storage/den. Ideal for first time buyers or investors. The home includes an updated kitchen, bathroom and flooring, and the building has completed major upgrades including new envelope, windows, re-piping, balconies, and parkade upgrades. The maintenance fee covers property taxes, heat, hot water, caretaker, management, insurance, sewer and water. Located in the desirable Granville area of Richmond, just steps from McKay Elementary, Burnett Secondary, Thompson Community Centre, Nearby Bus Stops & Parks, all just steps away. Don't miss this opportunity.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Heating Type Baseboard, Hot Water
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description North Mountains views
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $249,900
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1054
Year Built 1974
Age Of Building 52
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Taxes, Water
Ownership Type Leasehold prepaid-NonStrata
Maintenance Fee $1,051.91
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Taxes, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Open
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Units In Development 216

Lot & Land

Lot Size Depth Feet
MLS® # R3116734
Area Richmond
Neighbourhood Granville
City Richmond
Postal Code V7C 3M6
Gross Taxes 0
Zoning /

Property Timeline

Status Date Price
R3116734 / Active 04-27-2026 $249,900
Rooms
Floor Type Dimensions
Main Level Living Room 17'1 x 17'1 ft
Main Level Dining Room 9'3 x 9'3 ft
Main Level Kitchen 8'7 x 8'7 ft
Main Level Primary Bedroom 14'10 x 14'10 ft
Main Level Bedroom 11'4 x 11'4 ft
Main Level Bedroom 11'4 x 11'4 ft
Main Level Den 7'6 x 7'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Macdonald Realty Westmar

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.

Map & Neighbourhood

Public Schools

Elementary
Donald E McKay Elementary School
Above Average 0.22 km 7.9/10

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

Private Schools

Elementary
St Joseph the Worker
Above Average 2.13 km 8.2/10
Secondary
Maple Hill School
Average 2.6 km 5.6/10

Closest Transit

Bus Stop
Northbound Railway Ave @ Linfield Gate
0.11 km
Skytrain
Skytrain @ Brighouse Stn
2.45 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average 29.1%
No Certificate/Degree
Average 14.7%
Owner Occupied
Below Average 56.8%
Employment Rate
Above Average 74.3%

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

Sell Speed & Competition

78 / 100
Overall sell-speed score
Likely within 1–3 weeks
A+
Price competition grade
Avg comparable: $364,604
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.45 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GRANVILLE compares
This property
132 DOM
Slower than area
Granville avg
39 DOM
Average
Richmond avg
39 DOM
Faster market

306 7240 Lindsay Road has a sell-speed score of 78/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 45.9% below comparable active properties in Granville, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 14.4% and an area average of 39 days on market — conditions are balanced. With only 932 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to attract offers within 1–3 weeks.

Climate Risk for V7C 3M6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7C 3M6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~3.1 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Richmond currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Typical for region

Annual precipitation ~1117 mm (1981–2010 baseline), projected ~1159 mm by the 2050s. Extreme 1-day rainfall: ~39.9 mm baseline, ~44.4 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (3 nearby)

  • Vancity · 909 m · Bank
  • Td · 977 m · Bank
  • Eye station optical · 986 m · Optician

Restaurants (3 nearby)

  • Sushi lovers · 522 m · Restaurant
  • La grill and bistro · 949 m · Restaurant
  • Subway · 965 m · Fast Food

Cafes (3 nearby)

  • Polar bear sweet house · 959 m · Cafe
  • Starbucks · 959 m · Cafe
  • Coco fresh tea & juice · 967 m · Cafe

Groceries (2 nearby)

  • Happy house fresh taste meats · 527 m · Butcher
  • Freshco · 984 m · Supermarket

Transit (1 nearby)

  • Bus stop southbound no. 2 rd @ blundell rd · 999 m · Transit

Schools NearBy

30 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Donald E McKay Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.9 / 10

Distance

217 m

J.N. Burnett Secondary

Public

Grades Served

Catchment Info

8.0 / 10

Distance

511 m

Archibald Blair Elementary

Public

Grades Served

Catchment Info

8.5 / 10

Distance

564 m

R M Grauer Elementary School

Public

Grades Served

K-7

Catchment Info

6.1 / 10

Distance

755 m

des Navigateurs

Public

Grades Served

Catchment Info

7.3 / 10

Distance

1.14 KM

James Thompson Elementary

Public

Grades Served

Catchment Info

7.9 / 10

Distance

1.15 KM

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.20 KM

Blundell Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.34 KM

Samuel Brighouse Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.45 KM

Spul'u'kwuks Elementary School

Public

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

1.69 KM

James Gilmore Elementary School

Public

Grades Served

K-7

Catchment Info

7.4 / 10

Distance

1.72 KM

Hugh Boyd Secondary School

Public

Grades Served

8-12

Catchment Info

6.8 / 10

Distance

1.78 KM

W D Ferris Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.87 KM

Richmond Secondary

Public

Grades Served

Catchment Info

8.1 / 10

Distance

1.92 KM

Jessie Wowk Elementary School

Public

Grades Served

K-7

Catchment Info

8.5 / 10

Distance

1.92 KM

Alfred B Dixon Elementary

Public

Grades Served

Catchment Info

7.4 / 10

Distance

1.94 KM

Continuing Ed SD 38

Public

Grades Served

Catchment Info

2.6 / 10

Distance

2.11 KM

St Joseph the Worker

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

2.13 KM

General Currie Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

2.56 KM

John G Diefenbaker Elementary School

Public

Grades Served

K-7

Catchment Info

8.2 / 10

Distance

2.60 KM

Maple Hill School

Independent

Grades Served

Catchment Info

5.6 / 10

Distance

2.60 KM

James McKinney Elementary School

Public

Grades Served

K-7

Catchment Info

8.2 / 10

Distance

2.62 KM

Virtuelle

Public

Grades Served

Catchment Info

0

Distance

2.62 KM

John T Errington Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

2.67 KM

Station Stretch

Public

Grades Served

4, 8-12

Catchment Info

4.2 / 10

Distance

2.69 KM

Errington Learning Centre

Public

Grades Served

Catchment Info

8.3 / 10

Distance

2.70 KM

Steveston-London Secondary School

Public

Grades Served

8-12

Catchment Info

8.1 / 10

Distance

2.75 KM

St.Paul School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

2.77 KM

R C Palmer Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

2.89 KM

William Cook Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.97 KM

Pre-computed routes from 306 7240 Lindsay Rd, Richmond, BC

By transit (Skytrain)

  • Downtown Vancouver via Brighouse → Waterfront
    57 min
  • Metrotown, Burnaby via Brighouse → Metrotown
    75 min
  • SFU Burnaby via Brighouse → Production Way
    82 min
  • Richmond Centre
    32 min
  • YVR Airport via Brighouse → YVR-Airport
    45 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    17 min
  • Metrotown, Burnaby via Lougheed Hwy
    17 min
  • SFU Burnaby via Gaglardi Way
    25 min
  • Richmond Centre via No. 3 Rd
    3 min
  • YVR Airport via Bridgeport / Sea Island
    5 min

Calculate your commute

306 7240 Lindsay Rd, Richmond, BC is ideally located for commuters. The property is 2.5 km from Brighouse, with a 57 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Railway Ave @ Linfield Gate (0.11 km). Walk Score Transit rating: Some Transit (43/100).

Walkability & Transit Near 306 7240 Lindsay Road

Walk Score Badge
Car-Dependent 47

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 43

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
62

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 306 7240 Lindsay Road

/month
Principal & Interest
Property Taxes $0
Maintenance fee 1051.91
Financing 80% of the $249,900 asking price over 30 years at 4% results in approximately $2,006/month in total estimated carrying costs, $1,052 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,379/month in rental income, leaving a -$689/month cashflow at current carrying costs. Investors targeting break-even would need roughly 78% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 306 7240 Lindsay Road, Richmond

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Granville, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $249,900
Richmond Loading...
Granville Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Richmond, similar apartments/condos average $461,615 across 20 active listings — this listing is 45.9% below the Richmond average. This property is flagged as a Hot Deal (7.4% price reduction, 45.9% cheaper than comparables) based on its competitive pricing and market demand.

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

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 306 7240 Lindsay Road

Walk Score Badge
Car-Dependent 47

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 43

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
62

Bike Score - Bikeable

Some bike infrastructure

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