507 8988 Patterson Rd, Richmond, BC, MLS® R2842445

$623,000
Est. Mortgage /mo

Closed

$612,500
$599,000
Closed at 03 Apr 2024
Listing price: $623,000
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
lot 0 sqft
551 sqft
2017 built
Show more info
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Map
Street view
Schools
Crime
Commute
Shop & Eat

507 8988 Patterson Rd, Richmond, BC | MLS® R2842445 Property Details

Welcome to Concord Gardens by Concord Pacific! This 1 Bed + Den unit with central AC offers top-notch features like stainless steel appliances, quartz counters, high-quality laminate, and elegant tile work. Ideal for investors, first-time buyers, or downsizers, this open-concept gem comes with an array of amenities: indoor pool, gym, bowling alley, movie theatre, hot tub, concierge, lounge, basketball court, garden, playground, and more. BEST location, walking distance to Costco, T&T Supermarket, Skytrain, Aberdeen Center, banks, restaurants, and a casino. School catchments: Talmey Elementary & MacNeill Secondary. Live in luxury! Friday1/26 2-4pm by appointment. /OPEN HOUSE 2/11 2-4pm

General Info

Price $623,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 551
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2017
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2842445
Area Richmond
Neighbourhood West Cambie
City Richmond
Gross Taxes $1,650.23
Ownership Type Freehold NonStrata
Maintenance Fee $404.53
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Garage Under Building, Side Access, Concrete
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Yes
Rental Restrictions -
Zoning RES
Rental Suites None
# of Kitchens 1
Flooring Laminate, Carpet
Foundation Concrete Perimeter
View -
View Description -
Units In Development 246
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Sutton Group - Vancouver First 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
A.R. MacNeill Secondary School
2.97 km
No Rating
Elementary
R. C. Talmey Elementary School
Average
0.61 km
Rating 5.2/10
Elementary
R. C. Talmey Elementary School
0.61 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
0.94 km
No Rating
Secondary
City Vancouver Academy
0.76 km
No Rating

Closest Transit

Translink
Eastbound Bridgeport Rd @ Sexsmith Rd
0.22 km

507 8988 Patterson Road is serviced by R. C. Talmey Elementary School. The property with listing MLS® R2842445 is located 0.61 km from the school. R. C. Talmey Elementary School has a rating of Rating 5.2/10.

This home with address 507 8988 Patterson Road, Richmond, BC is also serviced by A.R. MacNeill Secondary School and located 2.97 km from it. A.R. MacNeill Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 507 8988 Patterson Road is Pythagoras Academy with School's rating No Rating, located 0.94 km from this home.

The closest to this address 507 8988 Patterson Road Secondary independent school is City Vancouver Academy with School's rating No Rating, located 0.76 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 - 507 8988 Patterson Road, 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® R2842445 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 507 8988 Patterson Road are Average. Property misconduct rating adjacent to MLS® R2842445 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 Eastbound Bridgeport Rd @ Sexsmith Rd in 0.22 km away from this listing with - MLS® R2842445.

33.8% of people with university certificate/degree live in this neighbourhood adjacent to the 507 8988 Patterson Road which is High in comparison with other BC neighbourhoods. 12.9% of population in this neighbourhood that is near the Listing MLS® R2842445 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 507 8988 Patterson Road, Richmond, BC is $42061 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2842445 is $20189 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 54.8% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2842445 is 5.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 507 8988 Patterson Road West Cambie where population change between 2011 and 2016 was 7.2%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 507 8988 Patterson Road, Richmond, BC is 1200.9 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 507 8988 Patterson Road is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2842445 is 52.2% and it is Below Average. % of Married or living common law is around 50.2% and it is Below Average.

Average age of the population close to the 507 8988 Patterson Road is 46.7 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 507 8988 Patterson Road, Richmond, BC is $524288 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 507 8988 Patterson Road. $1177 owners spent in average for the dwelling. Tenants are paying $1418 in this district close to MLS® R2842445 and it is High comparing to other cities.

35.9% of Population in this district near the 507 8988 Patterson Road are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 507 8988 Patterson Road, Richmond, BC is 4.2%, it is Below Average, % of English speakers only is 83% and Below Average. % of Neither English nor French speakers close to home for sale 507 8988 Patterson Road, Richmond, BC is 12.8% and it is High comparing to other BC cities.

22% of all population in the area around this property with the address 507 8988 Patterson Road, Richmond, BC using Public Transport which is Above Average, 63.8% of using population are using Cars around MLS® R2842445, which is Low. 1% of people using Bicycles around the 507 8988 Patterson Road and it is Average. 12.5% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 404.53
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 $623,000
Richmond $573,377
West Cambie $580,819
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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