601 7371 Westminster Hwy, Richmond, BC, MLS® R3026879

$845,000
Est. Mortgage /mo

$845,000
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
2 Baths
1 Stories
$ 712.64 Maint. Fee
1084 sqft
2008 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

601 7371 Westminster Hwy, Richmond, BC | MLS® R3026879 Property Details

Nestled amidst a lush and private garden setting, this 6th floor home-oasis offers the best of what Richmond has to offer and the ultimate wellness lifestyle. Floor to ceiling windows bring in abundant light, and ample space creates a relaxed lifestyle. The floor plan is efficient with 3 bedrooms and 2 baths, an open spacious kitchen and covered balcony. Built ahead of its time, the Lotus buildings utilize geothermal heating and cooling and are located in Richmond’s most sought after location. Walk to Minoru Park and Recreation Center, Richmond Center, Groceries, Canada Line and Bus Stations, while also enjoying a quiet residential neighbourhood.

General Info

Price $845,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1084
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
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3026879
Area Richmond
Neighbourhood Brighouse
City Richmond
Gross Taxes $2,599.8
Ownership Type Freehold Strata
Maintenance Fee $712.64
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air
Cooling Central Air

Utilities

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

Parking

Parking Type Other, Front Access, Concrete
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description Garden
Units In Development 286
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer

Property History

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Status Date Price
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Listed by: Macdonald 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
1.01 km
No Rating
Elementary
Samuel Brighouse Elementary School
Average
0.65 km
Rating 6.5/10
Elementary
Samuel Brighouse Elementary School
0.65 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
1.74 km
No Rating
Secondary
City Vancouver Academy
1.96 km
No Rating

Closest Transit

Translink
Eastbound Westminster Hwy @ Alderbridge Way
0.04 km
Welcome to this charming home located at 601 7371 Westminster Highway, Richmond, BC, listed under MLS® R3026879

As we step into this beautiful community, I'm excited to share with you the highlights of this fantastic neighborhood. Let's start with the schools, a top priority for many families. This home is serviced by Samuel Brighouse Elementary School, which is just a 0.65 km stroll away. With a rating of 6.5/10, this school offers a great education for your little ones, and I'm sure you'll love the community that comes with it.

Just down the road, you'll find Richmond Secondary School, a short 1.01 km drive from your future home. While this school doesn't have a rating, I can assure you that Richmond Secondary School is a well-regarded institution in the area.

For families who prefer a private education, Pythagoras Academy is the closest elementary independent school, located 1.74 km from this home for sale. Although it doesn't have a rating, I'm sure you'll appreciate the personalized learning experience it offers.

For secondary education, City Vancouver Academy is the closest independent school, 1.96 km from this address. Again, it's worth noting that this school doesn't have a rating, but I'm sure its unique approach to learning will interest you.

Safety and Crime Rates

Now, let's talk about safety and crime rates in the area. According to the latest statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,826.57 incidents per 100,000 population. This is comparable to other Canadian cities, and I'm happy to report that the crime rate has actually decreased by 3.39% over the years.

To break it down further, the property crime rate near this real estate listing is average, with a rating of 3,238.66 incidents per 100,000 population. This is a reassuring statistic, and I'm sure you'll feel safe in this community.

In terms of drug-related crimes, the rate is slightly higher, with a rating of 2,081.96 incidents per 100,000 population. However, I'd like to emphasize that the overall crime rate remains average, and this neighborhood is considered a safe place to live.

Demographics and Lifestyle

Now, let's explore the demographics and lifestyle of this neighborhood. According to the latest data, 33.8% of residents in this area have a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, 13% of residents have no certificate or degree, which is below average.

In terms of income, the median household income in this neighborhood is $36,759, which is low compared to the British Columbia average. Similarly, the median personal income is $18,514, also low compared to the BC average. However, it's worth noting that 55% of households in this area have a mortgage, which is below average.

Transit and Commuting

When it comes to transportation, this neighborhood is well-connected. The closest bus station is Eastbound Westminster Hwy @ Alderbridge Way, just 0.04 km away from this listing with MLS® R3026879. You can easily hop on a bus and explore the city or head to work.

According to the latest data, 43.9% of residents in this area are renters, which is above average compared to other BC cities and areas. This is a great sign for those looking for a flexible housing option.

Real Estate Context

Finally, let's talk about the real estate context. The average value of dwellings in this neighborhood is $711,643, which is high compared to other areas in British Columbia. This is a great indicator of the area's desirability and potential for long-term appreciation.

In terms of owner payments, the average owner spent $1,392 per month on their dwelling, which is above average in the area. Tenants, on the other hand, paid an average of $1,363 per month, which is high compared to other cities.

Getting Around

When it comes to getting around, this neighborhood is very pedestrian-friendly. 13.1% of residents walk to get around, which is high compared to other areas. You can also use public transportation, as 27.6% of residents use buses to get around. Cars are also an option, with 57.9% of residents using them to get around.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 712.64
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 $845,000
Richmond $819,045
Brighouse $827,700
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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