116 7240 Lindsay Rd, Richmond, BC V7C 3M6, Richmond, BC, V7C 3M6 | MLS® R2977650 Property Details

5.6% price reduction

Discover this spacious & cozy ground-floor 1 bed home in the sought-after Sussex Square complex. Upgrades to the complex in recent years include new windows, balconies, patio fencing, building exterior, repaved parking lot and plumbing for the buildings. This south-facing unit features a large quiet patio perfect for outdoor relaxation. Inside, you'll find a functional layout with a generously sized bedroom & an additional storage room for added convenience. The property is leasehold title, with a maintenance fee covering property tax, heat & hot water. While the complex has a no-pet policy, it offers excellent rental returns, with 2 levels of schools nearby. Enjoy easy access to the Railway Trail, community center, and a short drive to the airport, Vancouver, and shopping destinations.

General Info

Price $235,888

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 657

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1974

Age Of Building 51

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Refrigerator, Stove

Building Amenities Caretaker, Trash, Heat, Hot Water, Management, Taxes

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R2977650

Area Richmond

Neighbourhood Granville

City Richmond

Gross Taxes 0

Ownership Type Leasehold prepaid-NonStrata

Maintenance Fee $621.91

Community Features Shopping Nearby

Amenities Nearby Caretaker, Trash, Heat, Hot Water, Management, Taxes

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Open, Front Access

Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed

Pet Restrictions No

Rental Restrictions -

Zoning MFD

Rental Suites -

Laundry Common Area

# of Kitchens 1

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'1 x 13'1 ft
Main Level	Dining Room	10' x 10' ft
Main Level	Kitchen	7'8 x 7'8 ft
Main Level	Bedroom	11'8 x 11'8 ft
Main Level	Storage	4' x 4' ft
Main Level	Patio	15' x 15' ft

Listed by: RE/MAX Westcoast

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

Elementary

Donald E McKay Elementary School

0.08 km

No Rating

Secondary

J N Burnett Secondary School

0.42 km

No Rating

Elementary

Donald E McKay Elementary School

0.08 km

No Rating

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 School

2.03 km

No Rating

Secondary

City Vancouver Academy

3.93 km

No Rating

Closest Transit

Translink

Northbound Railway Ave @ Linfield Gate

0.25 km

Welcome to 116 7240 Lindsay Road, a beautiful home nestled in the heart of Richmond, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this incredible property.

Education

Just a stone's throw away from 116 7240 Lindsay Road, you'll find Donald E McKay Elementary School, rated No Rating, with a convenient distance of 0.08 km. This school is a great option for families, and with its proximity to your home, you can rest assured that your children will receive a top-notch education. Plus, J N Burnett Secondary School, also with a rating of No Rating, is just 0.42 km away, making it an easy commute for your kids.

If you're looking for alternative education options, St. Joseph the Worker School, an Elementary independent school, is located 2.03 km from your home, with a rating of No Rating. For Secondary independent school options, City Vancouver Academy is just 3.93 km away, with a rating of No Rating.

Crime

According to the latest crime statistics from Statistics Canada (2020), the area surrounding 116 7240 Lindsay Road, Richmond, BC, has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. The data also shows that there were 16,909 volation disturbances in the neighbourhood. With a rate of -3.39% year-over-year change in the total crime rate, you can feel safe knowing that the community is working hard to maintain a secure environment.

Demographics

The neighbourhood around 116 7240 Lindsay Road is a vibrant and diverse community. With 29.1% of residents holding a university certificate or degree, this is Above Average compared to other BC neighbourhoods. However, 14.7% of the population has no certificate or degree, which is Below Average. The median household income in the area is $61,312, which is Below Average compared to the British Columbia average.

Transit

Convenience is key whenit comes to transportation. The Northbound Railway Ave @ Linfield Gate bus station is just 0.25 km away from 116 7240 Lindsay Road, making it easy to hop on the bus and get where you need to go.

Lifestyle Amenities

From parks and beaches to trails and shopping malls, the area around 116 7240 Lindsay Road has plenty to offer. With a high population density of 4,495.2 people per square kilometre, you'll never be far from amenities and services.

Real Estate Context

The average value of dwellings in this neighbourhood is a staggering $1,159,425, which is High compared to other areas in British Columbia. With a high average owner payment of $1,595, you can expect to pay a premium for this beautiful home. However, tenants in the area are paying an average of $1,064, which is Average compared to other cities.

Additional Insights

With 27.6% of the population renting, this is Above Average compared to other BC cities and areas. The neighbourhood is also home to a diverse population, with 14.4% of residents speaking neither English nor French, which is High compared to other BC cities.

As you can see, 116 7240 Lindsay Road is a unique and desirable property that offers a range of benefits and amenities. With its proximity to top-rated schools, convenient transportation options, and diverse community, this home is a must-see for anyone looking to make their dream a reality.

MLS® R2977650 is a one-of-a-kind property that offers a rare combination of features and benefits. Whether you're a first-time buyer or an experienced homeowner, this property is sure to impress. So why wait? Contact me today to schedule a viewing and make 116 7240 Lindsay Road, Richmond, BC V7C 3M6, Richmond, BC, V7C 3M6 your dream home a reality.

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