121 7437 Moffatt Rd, Richmond, BC, MLS® R3044444

$528,000
Est. Mortgage /mo

$528,000
Est. Mortgage /mo
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
$ 356.54 Maint. Fee
809 sqft
1991 built
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121 7437 Moffatt Rd, Richmond, BC | MLS® R3044444 Property Details

Welcome to Colony Bay! This rarely available 1-bed, 1-bath condo with 806 sq. ft. of bright and spacious living. The building underwent a full rainscreen upgrade in 2022, including balconies, windows, doors, decks, and siding for peace of mind. Additional updates include repiped plumbing (2011) and a new roof (2014). Enjoy two large balconies; inside, the home features newer laminate hardwood flooring in the living room and hallway, re-tiled kitchen and bathroom floors, and a quiet, open outlook from the living area. The kitchen has updated lighting fixtures, and the home includes the convenience of in-suite laundry, a cozy gas fireplace, and secured underground parking. Located in the heart of Richmond, this home is just a short walk to Richmond Centre, Minoru Park, and the SkyTrain.

General Info

Price $528,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 809
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1991
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3044444
Area Richmond
Neighbourhood Brighouse South
City Richmond
Gross Taxes $1,538.59
Ownership Type Freehold Strata
Maintenance Fee $356.54
Community Features Shopping Nearby
Amenities Nearby Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Electric

Utilities

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

Parking

Parking Type Garage Under Building, Side Access, Asphalt
Total Parking Spaces 1

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Strata Restrictions Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes
Rental Restrictions 100
Zoning RAM1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Pantry
Locker 1
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Michael Cowling and Associates Realty

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
0.34 km
No Rating
Elementary
W D Ferris Elementary School
0.58 km
No Rating
Elementary
W D Ferris Elementary School
Above Average
0.58 km
Rating 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
1.22 km
Rating 10/10
Secondary
City Vancouver Academy
3.06 km
No Rating

Closest Transit

Translink
Southbound Gilbert Rd @ Mang Rd
0.14 km

Welcome to this beautiful community in Richmond, BC, where I'm delighted to introduce you to 121 7437 Moffatt Road, a stunning property listed as MLS® R3044444. As your trusted realtor, I'm excited to guide you through the highlights of this fantastic neighborhood.

Let's start with the schools. W D Ferris Elementary School is just a short 0.58 km away from this property, offering a top-notch education to the young minds in our community. Although it doesn't have a rating, families love this area because of its excellent schools, and I'm confident that you'll feel the same way. Just down the road, you'll find Richmond Secondary School, located 0.34 km from this home, providing a solid foundation for our children's future.

In addition to these public schools, there are also excellent independent schools in the area. St. Paul School, with its impressive 10/10 rating, is just 1.22 km from this property, offering a unique and nurturing learning environment. If you're looking for a secondary independent school, City Vancouver Academy is a great option, located 3.06 km from this home, providing a well-rounded education to our children.

Now, let's talk about the safety of our community. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,826.57, which is typical for urban areas. While there were 16,909 disturbances in the neighborhood, the overall crime rate is relatively low compared to other Canadian cities. I'm pleased to report that the year-by-year change in the total crime rate is a significant -3.39%.

When it comes to specific types of crime, I want to address a few concerns you may have. The drug crime rate in this area is slightly higher than average, with a rating of 2,081.96. However, I want to reassure you that this is still a relatively safe community. Property crimes are also at an average level, with a rating of 3,238.66. Violent crimes, however, are a concern, with a low rate of 919.25, making our community a safe haven for families.

Now, let's explore the lifestyle amenities in our neighborhood. You'll find a range of parks, beaches, and trails to enjoy, including the beautiful Brighouse Park, just a short walk from this property. The Southbound Gilbert Rd @ Mang Rd bus station is also conveniently located just 0.14 km away, making it easy to get around the city.

Our community is also a hub for families, with 68.6% of households consisting of families with children. The average family size is 2.8, which is below average for the region. However, the percent of married or living common law is 55.7%, which is a bit lower than average.

In terms of demographics, 34.2% of the population in this neighborhood holds a university certificate or degree, which is high compared to other BC neighborhoods. However, 11.2% of the population has no certificate or degree, which is lower than average.

The median household income in this area is $55,893, which is below average compared to the BC average. However, the median personal income is $25,902, which is also lower than average. The percent of households with a mortgage is 59.8%, which is average.

Unemployment rates in this area are also relatively low, at 6%, which is below average compared to other provinces. The population change between 2011 and 2016 was 4.5%, which is above average for the region.

In terms of transportation, 23.5% of the population uses public transport, which is above average. However, 66.9% of the population uses cars, which is lower than average. 2.4% of the population uses bicycles, which is above average, and 6.4% of the population walks, which is also above average.

Finally, let's talk about the real estate context. The average value of dwellings in this neighborhood is $383,699, which is average compared to other areas in BC. The average owner payments are below average, at $1,082, while tenants pay an average of $1,115, which is above average.

Overall, I believe that 121 7437 Moffatt Road, Richmond, BC, MLS® R3044444, is an excellent choice for anyone looking for a safe, family-friendly community with excellent schools and a range of lifestyle amenities. As your trusted realtor, I'm confident that you'll love this property and the neighborhood it's in.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
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 $528,000
Richmond $468,233
Brighouse South $473,533
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!
Thank you Your message has been sent

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