501 7380 Elmbridge Way, Richmond BC - Apartment/Condo for Sale - MLS# R3075322
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Listing updated:
EstateBlock checked:
The Residences
2
Beds
2
Baths
977
sqft
635
$
/sqft
602.8
$
Maint. fee
1996
built
Closed
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This property sold for
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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
1.16 km
Elementary
Samuel Brighouse Elementary School
Average
0.82 km
6.5/10
Elementary
Samuel Brighouse Elementary School
0.82 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Pythagoras Academy
1.57 km
Secondary
City Vancouver Academy
1.79 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
52 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $597,990
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 compares
This property
109 DOM
Slower than area
Brighouse avg
52 DOM
Average
Richmond avg
52 DOM
Faster market
501 7380 Elmbridge Way has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band.
The listing is priced 3.6% above comparable active properties in Brighouse.
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 501 7380 Elmbridge Way
/month
Principal & Interest
Property Taxes$158
Maintenance fee602.8
A 20% down payment of $124,000 on this $620,000 listing yields an estimated mortgage of $2,368/month (30-year fixed, 4%). Total estimated housing cost: $3,129/month, $158 property tax, $603 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
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
Cap Rate
Cash on Cash
With $2,222/month in estimated rental income against $3,179/month in mortgage payments, the monthly cashflow is -$957/month. A 53% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 501 7380 Elmbridge Way, 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, Richmond
This Home
Richmond
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Brighouse
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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
