Home Richmond, BC Terra Nova 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7

319 Days on the market

48 5531 CORNWALL DR, Richmond BC V7C 5N7, Richmond, BC

$1,788,000

Est. Mortgage /mo

MLS® R2916182

Closed

$1,770,000

Closed at 15 Oct 2024
Listing price: ~~$1,788,000~~

Dan Marusin

Renanza Realty

778-918-5990

Go See This Home Now

3 Beds

3 Baths

2 Stories

$ 695.82 Maint. Fee

2488 sqft

1992 built

Property details

WOW! One of the best COMPLETELY RENOVATED townhomes in Quilchena Green in Terra Nova! This immaculate, 2-level townhome backs onto the GREEN SPACE & has 2488 SF of spacious living w/ the master bdrm on the main & 2 bdrms + den up. Features an amazing dream kitchen that is must-see, huge 10‘x4.5’ island, SS appliances, soaring high vaulted ceilings, modern floor-to-ceiling gas F/P, upscale bathrooms, seamless showers, laminate floors, new lighting, custom paint, double SxS garage w/ upgraded door & more! Even the SW exposed backyard w/ extended pavers is totally private & adds a ton of additional outdoor living. All this in a prestigious gated-community with impeccable grounds that requires 1 occupant to be 55+. Just steps to Terra Nova Mall, dike, golf & parks.

General Info

Price $1,788,000

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 1

Floor Area Total (sqft) 2488

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1992

Age Of Building 32

Building Type Townhouse

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Washer, Dishwasher, Refrigerator, Microwave, Oven, Range

Building Amenities Clubhouse, Maintenance Grounds, Management, Recreation Facilities

Building Features BuildingFeatures

Structures Residential Attached

Additional Details

MLS # R2916182

Area Richmond

Neighbourhood Terra Nova

City Richmond

Gross Taxes $4,284.18

Ownership Type Freehold Strata

Maintenance Fee $695.82

Community Features Shopping Nearby

Amenities Nearby Clubhouse, Maintenance Grounds, Management, Recreation Facilities

Heating & Cooling

Fireplace 1

Heating Type Hot Water, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access, Concrete, Garage Door Opener

Total Parking Spaces 2

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Strata Restrictions Age Restrictions,Pets Allowed w/Rest.,Rentals Allowed,Age Restricted 55+

Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions

Rental Restrictions -

Zoning RTL1

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Tile

Foundation Concrete Perimeter

Interior Features Vaulted Ceiling(s)

Locker -

View -

View Description -

Units In Development 91

Exterior Features Garden

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Fibreglass

Property History

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Status	Date	Price
Sold	10-15-2024	$1,788,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'10 x 19'10 ft
Main Level	Dining Room	15'4 x 15'4 ft
Main Level	Kitchen	17'5 x 17'5 ft
Main Level	Family Room	11' x 11' ft
Main Level	Primary Bedroom	16'1 x 16'1 ft
Main Level	Walk-In Closet	7'4 x 7'4 ft
Main Level	Laundry	6'1 x 6'1 ft
Above Level	Bedroom	16'11 x 16'11 ft
Above Level	Bedroom	12'5 x 12'5 ft
Above Level	Den	13'3 x 13'3 ft
Above Level	Walk-In Closet	8' x 8' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#2
Above Level	Yes	#5

Listed by: RE/MAX Austin Kay 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

Elementary

Spul'u'kwuks Elementary School

Above Average

0.21 km

Rating 7.9/10

Elementary

Spul'u'kwuks Elementary School

0.21 km

No Rating

Secondary

J N Burnett Secondary School

1.6 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

3.47 km

No Rating

Secondary

City Vancouver Academy

4.54 km

No Rating

Closest Transit

Translink

Southbound No. 1 Rd @ Westminster Hwy

0.47 km

48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 is serviced by Spul'u'kwuks Elementary School. The property with listing MLS® R2916182 is located 0.21 km from the school. Spul'u'kwuks Elementary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 is St.Joseph the Worker School with School's rating No Rating, located 3.47 km from this home.

The closest to this address 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 Secondary independent school is City Vancouver Academy with School's rating No Rating, located 4.54 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 - 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7, 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® R2916182 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 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 are Average. Property misconduct rating adjacent to MLS® R2916182 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 Southbound No. 1 Rd @ Westminster Hwy in 0.47 km away from this listing with - MLS® R2916182.

42.7% of people with university certificate/degree live in this neighbourhood adjacent to the 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 which is High in comparison with other BC neighbourhoods. 11.3% of population in this neighbourhood that is near the Listing MLS® R2916182 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7, Richmond, BC is $69717 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2916182 is $25160 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 50% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2916182 is 7.2 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 Terra Nova where population change between 2011 and 2016 was -3.8%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7, Richmond, BC is 2956.2 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 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® R2916182 is 69.6% and it is High. % of Married or living common law is around 66.3% and it is Above Average.

Average age of the population close to the 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 is 41.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7, Richmond, BC is $1295237 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7. $1694 owners spent in average for the dwelling. Tenants are paying $1689 in this district close to MLS® R2916182 and it is High comparing to other cities.

11.2% of Population in this district near the 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7, Richmond, BC is 4.6%, it is Below Average, % of English speakers only is 82.7% and Below Average. % of Neither English nor French speakers close to home for sale 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7, Richmond, BC is 13% and it is High comparing to other BC cities.

14.2% of all population in the area around this property with the address 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7, Richmond, BC using Public Transport which is Average, 81.7% of using population are using Cars around MLS® R2916182, which is Average. 0.9% of people using Bicycles around the 48 5531 CORNWALL DRIVE, Richmond BC V7C 5N7 and it is Average. 2.8% of population are walking which is Below Average

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Local Info

Calculate your monthly mortgage payments

Down Payment Percent

Home Price

Down Payment

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $202

Maintenance fee 695.82

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

Down Payment Percent

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Down Payment

/month

Mortgage Payment $3201

Monthly Payment $3802

Break Even Down Payment 0%

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

Renanza Realty

778-918-5990

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