502 7360 Elmbridge Way, Richmond, BC, MLS® R2999653

$525,000
Est. Mortgage /mo

$525,000
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
$ 279.65 Maint. Fee
603 sqft
2008 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

502 7360 Elmbridge Way, Richmond, BC | MLS® R2999653 Property Details

This immaculate condo is located in the highly sought-after brighthouse neiborhood in the heart of Richmond. Situated on the 5th floor, this unit features a well-designed open floor plan with plenty of natural light streaming through large windows. The kitchen boasts modern appliances, sleek countertops, and ample storage, making it perfect for both everyday living and entertaining. Additional features of this home include in-suite laundry, secure parking, secure parking, and access to top-notch building amenities, including a fitness center, party room, and guest suite. Conveniently located just minutes from shops, restaurants, public transportation, and the scenic Richmond Olympic Oval, this condo offers an exceptional lifestyle with everything you need!

General Info

Price $525,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 603
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 17
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer, Microwave, Oven
Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Maintenance Grounds, Gas, Hot Water, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2999653
Area Richmond
Neighbourhood Brighouse
City Richmond
Gross Taxes $1,401
Ownership Type Freehold Strata
Maintenance Fee $279.65
Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Maintenance Grounds, Gas, Hot Water, Water

Heating & Cooling

Fireplace 0
Heating Type Baseboard

Utilities

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

Parking

Parking Type Garage Single, Rear Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning -
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development 309
Exterior Features Garden, Balcony
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Parallel 49 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
1.17 km
No Rating
Elementary
Samuel Brighouse Elementary School
Average
0.76 km
Rating 6.5/10
Elementary
Samuel Brighouse Elementary School
0.76 km
No Rating

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

Private Schools

Elementary
Pythagoras Academy
1.64 km
No Rating
Secondary
City Vancouver Academy
1.86 km
No Rating

Closest Transit

Translink
Westbound Elmbridge Way @ Alderbridge Way
0.04 km
Welcome to the charming community of Brighouse, where 502 7360 Elmbridge Way stands proudly with its MLS listing number R2999653.

As we walk through the neighborhood, you'll notice that this home is serviced by the highly-rated Samuel Brighouse Elementary School, located just a short 0.76 km away. With a rating of 6.5/10, this school is a favorite among families in the area, offering a nurturing environment for young minds to grow and thrive.

Just down the road, you'll find Richmond Secondary School, also servicing the property with the address 502 7360 Elmbridge Way. While its rating is not publicly available, its proximity to this beautiful home makes it an attractive option for families seeking a well-rounded education.

For those seeking an independent school experience, Pythagoras Academy is the closest option, located 1.64 km from this home for sale. With a school rating of No Rating, it's worth exploring to see if it's the right fit for your family's educational needs.

As we explore the neighborhood, it's essential to discuss the safety aspect. According to Statistics Canada's 2020 report, this area has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is a reassuring -3.39%. Additionally, the drug crime rate is High, with a rating of 2,081.96. However, the property crimes in the neighborhood are Average, with a rating of 3,238.66.

Regarding demographics, education plays a significant role in the community. A whopping 33.8% of the population in this neighborhood hold a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 13% of the population have no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near this dwelling is $36,759, which is Low compared to the British Columbia average. The median personal income is $18,514, also Low compared to the BC average. However, 55% of households in this census subdivision have a mortgage, which is Below Average.

As we explore the neighborhood, you'll notice that it's located near the Westbound Elmbridge Way @ Alderbridge Way bus station, just 0.04 km away from this listing with MLS number R2999653.

Now, let's talk about lifestyle amenities. This neighborhood offers a range of options, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. You'll love the convenience of having everything you need within walking distance.

For those interested in the real estate context, the average dwelling value in this neighborhood is $711,643, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,392 on average for their dwellings. Tenants, on the other hand, are paying $1,363, which is High compared to other cities.

In terms of population, 43.9% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The average age of the population is 42.9, which is Above Average compared to other BC cities.

As we wrap up our tour, I want to highlight the unique features of this neighborhood. The population density per square kilometer is 4,066.2, which is High. The average size of families in the area is 2.6, which is Low compared to the whole region. However, the percent of families with children is 54.5%, which is Below Average.

In conclusion, 502 7360 Elmbridge Way, Richmond, BC, with its MLS listing number R2999653, offers a unique blend of education, safety, and lifestyle amenities. As an experienced realtor, I highly recommend exploring this neighborhood and finding your dream home in this charming community.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 279.65
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 $525,000
Richmond $557,967
Brighouse $538,653
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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