308 7240 Lindsay Rd, Richmond, BC, MLS® R2969717

$308,000
Est. Mortgage /mo

6.1% price reduce

$308,000
$328,000
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 0 sqft
1057 sqft
1974 built
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Map
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Schools
Crime
Commute
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308 7240 Lindsay Rd, Richmond, BC | MLS® R2969717 Property Details

6.1% price reduce

Indulge in family-friendly living at Sussex Square, a beloved Leasehold enclave nestled in a peaceful location This sun-kissed top-floor unit boasts 3 bedrooms, ideal for your growing family, with south-facing setting. Enjoy proximity to McKay Elementary school, Burnett Secondary school and Thompson community centre just steps away. Plus, the convenience of included One parking stall and the maintenance fee covering heat, hot water, city utility, and property tax. Secure your family's future with a leasehold lasting until 2087.

General Info

Price $308,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1057
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
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 Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Trash, Heat, Hot Water, Management, Sewer, Snow Removal, Taxes, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2969717
Area Richmond
Neighbourhood Granville
City Richmond
Gross Taxes 0
Ownership Type Leasehold prepaid-NonStrata
Maintenance Fee $1,056.5
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Heat, Hot Water, Management, Sewer, Snow Removal, Taxes, Water

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Open, Guest, Front Access
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Rental Restrictions -
Zoning APT
Rental Suites -
Laundry Common Area
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
View Description -
Units In Development 213
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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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
0.12 km
No Rating
Secondary
J N Burnett Secondary School
0.37 km
No Rating
Elementary
Donald E McKay Elementary School
0.12 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
2.08 km
No Rating
Secondary
City Vancouver Academy
3.89 km
No Rating

Closest Transit

Translink
Eastbound Granville Ave @ Railway Ave
0.24 km

Welcome to 308 7240 Lindsay Road, a beautiful property in the heart of Richmond, BC. As your trusted realtor, I'm excited to take you on a tour of this fantastic neighborhood and highlight its many charms.

First, let's talk about the schools. With listing MLS® R2969717, you'll have access to some of the best educational institutions in the area. Donald E McKay Elementary School is just a stone's throw away, with a rating of No Rating and a distance of 0.12 km from the property. This school is a great choice for families, offering a safe and nurturing environment for young learners. Just down the road, you'll also find J N Burnett Secondary School, with a rating of No Rating and a distance of 0.37 km from the property. This school is a great option for students looking to transition to secondary education.

But it's not just about the schools – the entire neighborhood is a wonderful place to call home. According to Statistics Canada's 2020 report, this area has an overall crime rate of 7,826.57, which is considered Average compared to other Canadian cities. This means you can enjoy a high level of safety and security in your daily life. Of course, crime rates can fluctuate over time, but the year-by-year change in the total crime rate is a reassuring -3.39%.

Now, let's talk about the demographics. With 29.1% of the population holding a university certificate or degree, this neighborhood is a hub of education and intellectual pursuits. In fact, this is Above Average compared to other BC neighborhoods. Meanwhile, 14.7% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC.

When it comes to income, the median household income near this property with the address 308 7240 Lindsay Road, Richmond, BC is $61,312, which is Below Average in comparison with the British Columbia average. However, the unemployment rate in the area is a low 6.4%, which is Below Average compared to other province neighborhoods.

This neighborhood is also experiencing steady growth, with a population change between 2011 and 2016 of -3.1%. This is Below Average in comparison to average growth rate of this region. But don't worry – the population density per square kilometre in this community is a high 4,495.2, making it a vibrant and lively area to live in.

As we explore the area, you'll notice that the average size of families in the neighborhood is 3, which is Above Average in comparison to the whole region. Plus, 74.3% of families in the area have children, which is High. You'll also find that 60.5% of the population is married or living common law, which is Average.

Now, let's talk about the property itself. With an average value of dwellings in the neighborhood around $1,159,425, this area is definitely on the higher end of the price spectrum. However, the average owner payments are High in this area, with owners spending an average of $1,595 per month on their dwellings. Meanwhile, tenants are paying an average of $1,064 per month, which is Average compared to other cities.

Finally, let's talk about transportation. With the closest Bus station, Eastbound Granville Ave @ Railway Ave, just 0.24 km away from this listing with MLS® R2969717, you'll have easy access to public transportation. In fact, 16.8% of the population in the area use Public Transport, which is Above Average. Meanwhile, 76.8% of the population use Cars, which is Below Average. And if you prefer a more leisurely pace, 5% of the population walk, which is Average.

Overall, 308 7240 Lindsay Road is a fantastic property in a wonderful neighborhood. With its excellent schools, safe and secure environment, and high level of community engagement, this is a great place to call home. As your trusted realtor, I'd be delighted to show you around and answer any questions you may have. So why not contact me today and schedule a viewing? I look forward to working with you!

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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 $308,000
Richmond $356,983
Granville $338,000
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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