7271 Petts Rd, Richmond, BC, MLS® R3022541

$7,998,000
Est. Mortgage /mo

$7,998,000
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
6 Beds
7 Baths
2 Stories
lot 16302 sqft
5621 sqft
2007 built
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Map
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Schools
Crime
Commute
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7271 Petts Rd, Richmond, BC | MLS® R3022541 Property Details

This custom-built, one-owner home offers luxurious living on just two levels, ideal for entertaining. The gated driveway leads to a 4-car garage and a stunning front courtyard with limestone tiles. Inside, cherry wood floors and limestone accents enhance elegant drywall detailing. The open center courtyard and large covered patio, equipped with gas outdoor heaters and fountains, provide seamless indoor-outdoor flow. Comfort abounds with radiant in-floor heating, dual A/C, and 21 security cameras. Features include an elevator, steam shower, hot tub, two gas fireplaces, and custom blinds—some automatic. The gourmet kitchen boasts a Sub-Zero fridge, Miele induction cooktop, oven, and dishwasher. With 6 bedrooms, an office, and Euro line windows, this home defines refined, spacious living.

General Info

Price $7,998,000
Total Bedrooms 6
Total Bathrooms 6
Half Bathrooms 1
Floor Area Total (sqft) 5621
Lot Size 16302
Lot Size Depth Feet
Lot Size Frontage 66
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2007
Age Of Building 18
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3022541
Area Richmond
Neighbourhood Broadmoor
City Richmond
Gross Taxes $15,092.17
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Radiant
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Carport Multiple, Garage Double, Front Access, Concrete, Paver Block
Total Parking Spaces 10

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites -
Laundry In Unit
# of Kitchens 2
Flooring Hardwood
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage
Locker -
View 1
View Description SKYLINE & MOUNTAINS
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: VIRANI REAL ESTATE ADVISORS & Macdonald Realty Westmar

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
Steveston-London Secondary School
0.42 km
No Rating
Elementary
Maple Lane Elementary School
0.32 km
No Rating
Elementary
Maple Lane Elementary School
Above Average
0.32 km
Rating 7.5/10

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

Private Schools

Elementary
Ark Elementary School
1.19 km
Rating 4.3/10
Elementary, Secondary
Richmond Christian School
3.84 km
Rating 9.3/10

Closest Transit

Translink
Eastbound Williams Rd @ Deagle Rd
0.13 km
Welcome to the Community of 7271 Petts Road, Richmond, BC

As we walk through the charming streets of Richmond, you'll notice the vibrant atmosphere and proximity to amenities that make 7271 Petts Road a desirable address. This property, listed as MLS® R3022541, offers an exceptional lifestyle for families and individuals alike.

Education

Let's start with the schools. Maple Lane Elementary School, located just 0.32 km from 7271 Petts Road, has a reputation for excellence. Families love this area because of the school's commitment to providing a well-rounded education. Steveston-London Secondary School, also nearby, is another option for students. According to the BC Ministry of Education, both schools have a No Rating, but offer a great learning environment.

But that's not all; there are also excellent independent school options in the area. Ark Elementary School, with a rating of 4.3/10, is just 1.19 km away, providing students with a unique educational experience. For secondary education, Richmond Christian School, with a rating of 9.3/10, is 3.84 km from the property, offering a rigorous academic program.

Safety and Crime

The latest crime data from Statistics Canada (2020) indicates that the area surrounding 7271 Petts Road has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. This translates to a safe and secure environment for residents. The neighbourhood also saw a 3.39% decrease in total crime rate between 2016 and 2020.

Demographics

According to the 2020 census, 31.2% of the population in this area has a university certificate or degree, which is Above Average compared to other BC neighbourhoods. On the other hand, 16.4% of the population has no certificate or degree, which is Below Average. This diversity creates a rich and inclusive community.

Transit and Commuting

Getting around is easy, with the Eastbound Williams Rd @ Deagle Rd bus station just 0.13 km from the property. This convenient access to public transportation makes it simple to explore the city and surrounding areas.

Lifestyle Amenities

This area is perfect for outdoor enthusiasts, with several parks, beaches, and trails within walking distance. You'll also find a variety of shopping malls, grocery stores, restaurants, and coffee shops nearby. The Richmond Hospital is also easily accessible, providing top-notch medical care.

Real Estate Context

The average dwelling value in this area is $1,645,990, which is High compared to other areas in British Columbia. With an average owner payment of $1,870 and a high rental rate of $1,409, this property offers a great investment opportunity.

Community Insights

This area has a population density of 3,572.9 people per square kilometre, which is Above Average. The average family size in the area is 3, which is also Above Average. You'll also notice that 70% of families in the area have children, making it an ideal place to raise a family.

Language and Transportation

English is the primary language spoken in the area, with 82% of residents speaking only English. However, 14.3% of the population speaks neither English nor French, making it a diverse and inclusive community. When it comes to transportation, 76.2% of residents use cars, while 19.8% use public transportation, which is Above Average.

Unemployment and Population Growth

The unemployment rate in the area is 5.1%, which is Low compared to other province neighbourhoods. The population growth rate between 2011 and 2016 was 0.3%, which is Average compared to the average growth rate of this region.

In conclusion

7271 Petts Road, Richmond, BC (MLS® R3022541) offers an exceptional lifestyle in a vibrant and diverse community. With its excellent schools, safe and secure environment, and convenient access to amenities, this property is a great investment opportunity for anyone looking to live in Richmond.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
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 $7,998,000
Richmond $3,300,000
Broadmoor No comparables
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
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