12111-12115 1ST AVE, Richmond BC V7E 3M1, Richmond, BC

$3,198,000
Est. Mortgage /mo

MLS® R2983575

$3,198,000
$3,580,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
0 Beds
6 Baths
2 Stories
$ 0 Maint. Fee
5396 sqft
1982 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

10.7% price reduce

Discover a prime real estate opportunity in the vibrant heart of Steveston Village with this unique mixed-use property. Offering an impressive 5,396 sf of space on a 6600 sf lot, this two-story building features 2 retail units at street level & 4 residential condos above. Each residential suite boasts a comfortable 1 bdrm layout complete with in-suite laundry, a dishwasher & an individual h/water tank. Perfect for generating rental income all units are separately metered, enhancing ease of management. The property includes 11 convenient parking spots at the rear adding value for both shoppers and residents alike. Situated just steps from the scenic Fisherman's Wharf, local shops, & gourmet dinners, this location promises a lively & convenient lifestyle.

General Info

Price $3,198,000
Total Bedrooms 0
Total Bathrooms 6
Half Bathrooms 0
Floor Area Total (sqft) 5396
Lot Size 6600
Lot Size Depth Feet
Lot Size Frontage 50
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1982
Age Of Building 43
Building Type Other
Property Type Residential Income
Stories 2
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS # R2983575
Area Richmond
Neighbourhood Steveston Village
City Richmond
Gross Taxes $18,232.63
Ownership Type Freehold Strata
Maintenance Fee 0
Community Features Shopping Nearby
Fixtures Included 1

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Forced Air

Utilities

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

Parking

Parking Type Open, Rear Access
Total Parking Spaces 11

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Strata Restrictions No Restrictions
Pet Restrictions Yes
Rental Restrictions -
Zoning CS3
Rental Suites -
Laundry In Unit
# of Kitchens 0
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development 6
Exterior Features Balcony
Sewer Public Sewer

Property History

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Status Date Price
Active - $3,198,000
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Listed by: TRG The Residential Group Downtown 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
Robert Alexander McMath Secondary School
0.6 km
No Rating
Elementary
Lord Byng Elementary School
Average
0.55 km
Rating 6.7/10
Elementary
Lord Byng Elementary School
0.55 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St.Joseph the Worker School
1.97 km
No Rating
Elementary, Secondary
Richmond Christian School
6.8 km
Rating 9.3/10

Closest Transit

Translink
Steveston Exchange @ Bay 2
0.08 km

12111-12115 1ST AVENUE, Richmond BC V7E 3M1 is serviced by Lord Byng Elementary School. The property with listing MLS® R2983575 is located 0.55 km from the school. Lord Byng Elementary School has a rating of Rating 6.7/10.

This home with address 12111-12115 1ST AVENUE, Richmond BC V7E 3M1, Richmond, BC is also serviced by Robert Alexander McMath Secondary School and located 0.6 km from it. Robert Alexander McMath Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 is St.Joseph the Worker School with School's rating No Rating, located 1.97 km from this home.

The closest to this address 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 Secondary independent school is Richmond Christian School with School's rating Rating 9.3/10, located 6.8 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 - 12111-12115 1ST AVENUE, Richmond BC V7E 3M1, 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® R2983575 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 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 are Average. Property misconduct rating adjacent to MLS® R2983575 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 Steveston Exchange @ Bay 2 in 0.08 km away from this listing with - MLS® R2983575.

30.7% of people with university certificate/degree live in this neighbourhood adjacent to the 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 which is Above Average in comparison with other BC neighbourhoods. 11.4% of population in this neighbourhood that is near the Listing MLS® R2983575 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 12111-12115 1ST AVENUE, Richmond BC V7E 3M1, Richmond, BC is $84053 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2983575 is $37130 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 49.9% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2983575 is 5.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 Steveston Village where population change between 2011 and 2016 was 2.5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 12111-12115 1ST AVENUE, Richmond BC V7E 3M1, Richmond, BC is 3883.8 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2983575 is 67% and it is Above Average. % of Married or living common law is around 58.4% and it is Average.

Average age of the population close to the 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 is 43.4 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 12111-12115 1ST AVENUE, Richmond BC V7E 3M1, Richmond, BC is $1101567 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 12111-12115 1ST AVENUE, Richmond BC V7E 3M1. $1469 owners spent in average for the dwelling. Tenants are paying $1266 in this district close to MLS® R2983575 and it is Above Average comparing to other cities.

35.5% of Population in this district near the 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 12111-12115 1ST AVENUE, Richmond BC V7E 3M1, Richmond, BC is 8.5%, it is Average, % of English speakers only is 87.4% and Below Average. % of French speakers adjacent to 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 12111-12115 1ST AVENUE, Richmond BC V7E 3M1, Richmond, BC is 4% and it is High comparing to other BC cities.

12.3% of all population in the area around this property with the address 12111-12115 1ST AVENUE, Richmond BC V7E 3M1, Richmond, BC using Public Transport which is Average, 79.2% of using population are using Cars around MLS® R2983575, which is Below Average. 2.8% of people using Bicycles around the 12111-12115 1ST AVENUE, Richmond BC V7E 3M1 and it is Above Average. 5% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,198,000
Richmond No comparables
Steveston Village No comparables
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
778-918-5990
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