721 7831 Westminster Hwy, Richmond BC - Apartment/Condo for Sale - MLS# R3046693
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Listing updated:
EstateBlock checked:
2
Beds
2
Baths
872
sqft
779
$
/sqft
482.69
$
Maint. fee
2003
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
1.06 km
Elementary
Samuel Brighouse Elementary School
Average
0.97 km
6.5/10
Elementary
Samuel Brighouse Elementary School
0.97 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Pythagoras Academy
1.48 km
Secondary
City Vancouver Academy
1.7 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
42 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $537,972
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
216 DOM
Slower than area
Brighouse avg
52 DOM
Average
Richmond avg
52 DOM
Faster market
721 7831 Westminster Highway has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band.
The listing is priced 20.8% 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 could take longer than the area average to sell.
Nearby Restaurants, Cafes & Shops
Mortgage Calculator for 721 7831 Westminster Highway
/month
Principal & Interest
Property Taxes$188
Maintenance fee482.69
Based on a 30-year fixed at 4% interest with 20% down ($135,800), the estimated monthly payment for this listing is $3,264/month — $2,593 principal & interest, $188 property tax, $483 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
At an estimated rental income of $2,434/month, this property runs a $885/month shortfall after mortgage and carrying costs. Break-even requires approximately 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 721 7831 Westminster Highway, 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