23500 Westminster Hwy, Richmond, BC, MLS® R2992681

$2,080,000
Est. Mortgage /mo

36.0% price reduce

$2,080,000
$3,250,000
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
3 Beds
1 Baths
1 Stories
lot 21781 sqft
1056 sqft
1952 built
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Map
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Schools
Crime
Commute
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23500 Westminster Hwy, Richmond, BC | MLS® R2992681 Property Details

36.0% price reduce

Prime Development Opportunity on Main Street with a Generous 21,781 sq/ft Lot! This expansive 21,781 square foot lot, situated with direct access to Main Street, presents an exceptional development prospect for savvy developers and investors. Located in a highly sought-after location, this property offers immense potential for a wide range of commercial or residential projects. It's under Hamilton Area Plan for 0.75 Floor Space Ration(FSR) for Townhouse Development.

General Info

Price $2,080,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1056
Lot Size 21781
Lot Size Depth Feet
Lot Size Frontage 0
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 1952
Age Of Building 73
Building Type Single Family Residence
Property Type Residential
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2992681
Area Richmond
Neighbourhood Hamilton RI
City Richmond
Gross Taxes $7,580.47
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

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

Parking

Parking Type Additional Parking, Detached
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Septic Tank, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Royal Regal 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

Elementary
Hamilton Elementary School
Average
0.7 km
Rating 6.5/10
Secondary
Matthew McNair Secondary School
11.8 km
No Rating

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

Private Schools

Elementary
Fawkes Academy
2.65 km
No Rating
Secondary
St.Thomas More Collegiate
4.14 km
No Rating

Closest Transit

Translink
Westbound Westminster Hwy @ Smith Cres
0.14 km
Welcome to 23500 Westminster Highway, Richmond, BC: Your Dream Home Awaits!

As a seasoned realtor with extensive knowledge of the Richmond community, I'm thrilled to introduce you to this exceptional property, listed as MLS® R2992681. Located at 23500 Westminster Highway, this stunning home offers the perfect blend of comfort, convenience, and lifestyle amenities.

Education: A Strong Foundation for Your Family

The property is serviced by Hamilton Elementary School, a highly rated institution with a 6.5/10 rating, located just 0.7 km away. This means you'll be part of a thriving community with a strong focus on education. Additionally, Matthew McNair Secondary School and Fawkes Academy, an elementary independent school, are also nearby, with Fawkes Academy located just 2.65 km from this home.

Safety and Security: A Priority for You and Your Family

According to Statistics Canada's 2020 report, the overall crime rate near 23500 Westminster Highway is 7,826.57, which is Average compared to other Canadian cities. The drug crime rate is High, with a rating of 2,081.96, while property crimes are Average, with a rating of 3,238.66. Violent crimes are Low, with a rate of 919.25. While it's essential to be aware of these statistics, it's reassuring to know that the area is generally safe.

Demographics: A Thriving Community

The neighborhood surrounding 23500 Westminster Highway is a diverse and vibrant community. Approximately 28.2% of residents hold a university certificate or degree, which is Above Average in comparison to other BC neighborhoods. The median household income is $97,280, which is High compared to the British Columbia average. The unemployment rate is 4.6%, which is Low.

Transportation: Convenient and Accessible

The property is close to the Westbound Westminster Hwy @ Smith Cres bus station, just 0.14 km away, making it easy to commute to work or explore the city. In fact, 17.1% of the population in the area uses public transportation, which is Above Average.

Lifestyle Amenities: Enjoy the Best of Richmond

The community surrounding 23500 Westminster Highway offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. This means you'll have everything you need within reach, from outdoor activities to shopping and dining experiences.

Real Estate Context: A Valuable Investment

The average dwelling value in the neighborhood is $786,401, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,657 per month on their dwellings. Tenants are also paying a High average of $1,402 per month. With 18% of the population renting, the area strikes a balance between owner-occupied and rental properties.

Language and Transportation: A Multicultural Community

The community surrounding 23500 Westminster Highway is a multicultural haven, with 4.3% of residents speaking English and French, 89.2% speaking English only, and 6.5% speaking neither English nor French. In terms of transportation, 80.9% of residents use cars, which is Below Average, while 0.4% walk, which is Low.

Why 23500 Westminster Highway, Richmond, BC is the Perfect Choice

With its excellent education system, safety, and security, diverse community, convenient transportation options, and range of lifestyle amenities, 23500 Westminster Highway, Richmond, BC is the perfect choice for you and your family. Schedule a viewing today and experience the best of Richmond living!

MLS® R2992681

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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 $2,080,000
Richmond No comparables
Hamilton RI 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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