5500 WESTMINSTER HWY, Richmond BC V7C 1C1, Richmond, BC

$1,990,000
Est. Mortgage /mo

MLS® R2990021

$1,990,000
$2,180,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
4 Baths
2 Stories
lot 6212 sqft
3098 sqft
1990 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

8.7% price reduce

Prime location in Richmond! This beautifully renovated 3000+sq ft home is steps to transit, groceries, shopping, Richmond Oval, and top schools like Blaire Elementary & Bennett High. Over $100K in upgrades: new laminate "hardwood" floors, ceramic tiles, granite counters, designer paint, and a gourmet kitchen. Bright, open layout ideal for family living and entertaining. BONUS; a self-contained one-bedroom in-law suite with separate entrance—perfect for guests or rental income. Move-in ready comfort and convenience in one of Richmond’s most desirable neighborhoods!

General Info

Price $1,990,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3098
Lot Size 6212
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1990
Age Of Building 35
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2990021
Area Richmond
Neighbourhood Riverdale RI
City Richmond
Gross Taxes 0
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Radiant

Utilities

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

Parking

Parking Type Garage Double, Rear Access, Garage Door Opener
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning RS1
Rental Suites Legal Suite,Unauthorized Suite
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer
Roof Tile

Property History

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Status Date Price
Active - $1,990,000
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Listed by: Nu Stream Realty Inc.

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
Archibald Blair Elementary School
Above Average
0.53 km
Rating 8/10
Secondary
J N Burnett Secondary School
0.8 km
No Rating
Elementary
Archibald Blair Elementary School
0.53 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
Pythagoras Academy
2.95 km
No Rating
Secondary
City Vancouver Academy
3.15 km
No Rating

Closest Transit

Translink
Eastbound Westminster Hwy @ Lynas Lane
0.02 km

5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 is serviced by Archibald Blair Elementary School. The property with listing MLS® R2990021 is located 0.53 km from the school. Archibald Blair Elementary School has a rating of Rating 8/10.

This home with address 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1, Richmond, BC is also serviced by J N Burnett Secondary School and located 0.8 km from it. J N Burnett Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 is Pythagoras Academy with School's rating No Rating, located 2.95 km from this home.

The closest to this address 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 Secondary independent school is City Vancouver Academy with School's rating No Rating, located 3.15 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 - 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1, 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® R2990021 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 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 are Average. Property misconduct rating adjacent to MLS® R2990021 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 Westminster Hwy @ Lynas Lane in 0.02 km away from this listing with - MLS® R2990021.

36.1% of people with university certificate/degree live in this neighbourhood adjacent to the 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 which is High in comparison with other BC neighbourhoods. 11.1% of population in this neighbourhood that is near the Listing MLS® R2990021 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1, Richmond, BC is $68096 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2990021 is $29504 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 57.3% which is Average.

Unemployment rate in the area around Real Estate Listing # R2990021 is 5.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 where population change between 2011 and 2016 was 0.6%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1, Richmond, BC is 4523.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 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® R2990021 is 69.4% and it is High. % of Married or living common law is around 60.7% and it is Average.

Average age of the population close to the 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 is 42.9 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1, Richmond, BC is $860392 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1. $1374 owners spent in average for the dwelling. Tenants are paying $1301 in this district close to MLS® R2990021 and it is Above Average comparing to other cities.

23.6% of Population in this district near the 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1, Richmond, BC is 4.8%, it is Below Average, % of English speakers only is 84.4% and Below Average. % of Neither English nor French speakers close to home for sale 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1, Richmond, BC is 10.8% and it is High comparing to other BC cities.

18.2% of all population in the area around this property with the address 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1, Richmond, BC using Public Transport which is Above Average, 77.9% of using population are using Cars around MLS® R2990021, which is Below Average. 1.4% of people using Bicycles around the 5500 WESTMINSTER HIGHWAY, Richmond BC V7C 1C1 and it is Average. 1.6% of population are walking which is Low

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
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

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
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.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,990,000
Richmond $2,267,444
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
778-918-5990
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