311 7540 Minoru Blvd, Richmond BC - Apartment/Condo for Sale - MLS# R2882954
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Listing updated:
EstateBlock checked:
Carmel Pointe 2
2
Beds
2
Baths
1147
sqft
653
$
/sqft
537.42
$
Maint. fee
1987
built
Closed
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This property sold for
$●●●,●●●
Listing updated:
EstateBlock checked:
Photo
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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history
Map & Neighbourhood
Public Schools
Secondary
Richmond Secondary School
0.41 km
Elementary
W D Ferris Elementary School
0.55 km
Elementary
W D Ferris Elementary School
Above Average
0.55 km
8.3/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
St.Paul School
Above Average
0.81 km
10/10
Secondary
City Vancouver Academy
2.99 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)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Sell Speed & Competition
54 / 100
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BRIGHOUSE SOUTH compares
This property
57 DOM
Average
Brighouse South avg
52 DOM
Average
Richmond avg
52 DOM
Faster market
311 7540 Minoru Boulevard has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band.
The listing is has limited comparable pricing data available.
The local market is currently a Balanced Market with a sales-to-active ratio of 12.1% and an area average of 52 days on market — conditions are balanced.
With only 919 competing homes currently listed, this property has significant competition.
Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Nearby Restaurants, Cafes & Shops
Mortgage Calculator for 311 7540 Minoru Boulevard
/month
Principal & Interest
Property Taxes$147
Maintenance fee537.42
Financing 80% of the $749,000 asking price over 30 years at 4% results in approximately $3,545/month in total estimated carrying costs, $147 property tax, $537 maintenance fee.
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
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Mortgage Payment
Monthly Payment
Break Even Down Payment0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,685/month in rental income, leaving a -$922/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 311 7540 Minoru Boulevard, Richmond
Buy Vs Rent Calculator
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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 — Brighouse South, Richmond
This Home
Richmond
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Brighouse South
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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
