1105 7371 Westminster Hwy, Richmond, BC, MLS® R2790546

$588,000
Est. Mortgage /mo

Closed

$588,000
Closed at 28 Jul 2023
Listing price: $588,000
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
1 Beds
1 Baths
1 Stories
$ 371.41 Maint. Fee
561 sqft
2008 built
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Photos
Map
Street view
Schools
Crime
Commute
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1105 7371 Westminster Hwy, Richmond, BC | MLS® R2790546 Property Details

Hidden gem! This Air-Conditioned 1-bedroom unit in the renowned Lotus by Cressey is perfect for first-time buyers and investors. Located near Richmond Centre and Minoru Park, this home boasts a functional and spacious 561 sqft floor plan with a balcony. Enjoy the UNOBSTRUCTED landscape views and the most breathtaking sunset. Stay comfortable year-round with A/C and fresh paint for a modern touch. Indulge in resort quality amenities including an indoor swimming pool, sauna/steam room, hot tub, and fitness gym. Minutes walking distance to Skytrain Station, Minoru Park, Richmond Centre, you'll have everything at your doorstep. 1 parking, 1 storage. Video: https://youtu.be/ViDq2j8J22I

General Info

Price $588,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 561
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 15
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Management, Sewer, Snow Removal, Water, Geothermal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2790546
Area Richmond
Neighbourhood Brighouse
City Richmond
Gross Taxes $1,589.1
Ownership Type Freehold Strata
Maintenance Fee $371.41
Amenities Nearby Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Management, Sewer, Snow Removal, Water, Geothermal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Geothermal, Heat Pump
Cooling Central Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning MF
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View -
View Description -
Units In Development 286
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd.

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
Richmond Secondary School
1.04 km
No Rating
Elementary
Samuel Brighouse Elementary School
Average
0.69 km
Rating 6.5/10
Elementary
Samuel Brighouse Elementary School
0.69 km
No Rating

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

Private Schools

Elementary
Pythagoras Academy
1.7 km
No Rating
Secondary
City Vancouver Academy
1.92 km
No Rating

Closest Transit

Translink
Eastbound Westminster Hwy @ Alderbridge Way
0.07 km

1105 7371 Westminster Highway is serviced by Samuel Brighouse Elementary School. The property with listing MLS® R2790546 is located 0.69 km from the school. Samuel Brighouse Elementary School has a rating of Rating 6.5/10.

This home with address 1105 7371 Westminster Highway, Richmond, BC is also serviced by Richmond Secondary School and located 1.04 km from it. Richmond Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1105 7371 Westminster Highway is Pythagoras Academy with School's rating No Rating, located 1.7 km from this home.

The closest to this address 1105 7371 Westminster Highway Secondary independent school is City Vancouver Academy with School's rating No Rating, located 1.92 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 16,909 volation disturbances in this neighbourhood. The overall crime rate near the address - 1105 7371 Westminster Highway, Richmond, BC is 7,826.57. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -3.39%

Drug crime rate next to the listing MLS® R2790546 is High comparing to other neighbourhoods. The illegal substances offences rating is 2,081.96. There were 4,498 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 19.46%

Property crimes in the neighbourhood close to real estate listing for sale 1105 7371 Westminster Highway are Average. Property misconduct rating adjacent to MLS® R2790546 is 3,238.66. There were 6,997 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -14.19%

There were 1,986 violent lawbreaking disorders in 2020. 919.25 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is 0.06%

The closest Bus station is Eastbound Westminster Hwy @ Alderbridge Way in 0.07 km away from this listing with - MLS® R2790546.

33.8% of people with university certificate/degree live in this neighbourhood adjacent to the 1105 7371 Westminster Highway which is High in comparison with other BC neighbourhoods. 13% of population in this neighbourhood that is near the Listing MLS® R2790546 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 1105 7371 Westminster Highway, Richmond, BC is $36759 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2790546 is $18514 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 55% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2790546 is 8.8 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 1105 7371 Westminster Highway Brighouse where population change between 2011 and 2016 was 37.3%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1105 7371 Westminster Highway, Richmond, BC is 4066.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1105 7371 Westminster Highway is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2790546 is 54.5% and it is Below Average. % of Married or living common law is around 55.7% and it is Below Average.

Average age of the population close to the 1105 7371 Westminster Highway is 42.9 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1105 7371 Westminster Highway, Richmond, BC is $711643 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 1105 7371 Westminster Highway. $1392 owners spent in average for the dwelling. Tenants are paying $1363 in this district close to MLS® R2790546 and it is High comparing to other cities.

43.9% of Population in this district near the 1105 7371 Westminster Highway are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1105 7371 Westminster Highway, Richmond, BC is 2.9%, it is Low, % of English speakers only is 79.7% and Below Average. % of French speakers adjacent to 1105 7371 Westminster Highway only is 0% and it is Low. % of Neither English nor French speakers close to home for sale 1105 7371 Westminster Highway, Richmond, BC is 17.4% and it is High comparing to other BC cities.

27.6% of all population in the area around this property with the address 1105 7371 Westminster Highway, Richmond, BC using Public Transport which is High, 57.9% of using population are using Cars around MLS® R2790546, which is Low. 0.9% of people using Bicycles around the 1105 7371 Westminster Highway and it is Average. 13.1% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 371.41
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 $588,000
Richmond $557,387
Brighouse $538,653
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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