7611 Armstrong St, Richmond, BC, MLS® R3046004

$1,588,888
Est. Mortgage /mo

$1,588,888
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
0 Stories
lot 5245 sqft
0 sqft
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7611 Armstrong St, Richmond, BC | MLS® R3046004 Property Details

New 5,246 square foot Building Lot ready to build. This fully serviced Lot is in a new subdivision with new roads, sidewalks, and underground wiring. This very quiet area in Central Richmond is surrounded by new homes and are within close walking distance to all amenities such as Garden City Shopping Centre, Richmond Centre, Paulik Neighbourhood Park, Garden City Park as well as all levels of Schools and transit. Lot is approximately 41.96 feet wide by 125 feet deep. The lot must be seen and area explored to appreciate the incredible opportunity to build over 4,000 square feet buildable for multiplex. You can also build a Single Family home with a secondary suite. Bring your builder or we can build for you. Preload is currently on property and will be removed by the seller.

General Info

Price $1,588,888
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 5245
Lot Size Depth Feet
Lot Size Frontage 41.96
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS # R3046004
Area Richmond
Neighbourhood McLennan North
City Richmond
Gross Taxes $4,996.91
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RSM/S
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: RA Realty Alliance 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
Howard De Beck Elementary School
Above Average
0.75 km
Rating 7.7/10
Secondary
R C Palmer Secondary School
0.87 km
No Rating
Elementary
Howard De Beck Elementary School
0.75 km
No Rating

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

Private Schools

Elementary
St.Paul School
1.03 km
Rating 10/10
Elementary, Secondary
Richmond Christian School
2.91 km
Rating 9.3/10

Closest Transit

Translink
Southbound No. 4 Rd @ 7500 Block
0.35 km

Welcome to 7611 Armstrong Street, a beautiful property in Richmond, BC, listed with MLS® R3046004. As we walk through this charming neighborhood, you'll notice a strong sense of community and excellent amenities.

Education

Our home is serviced by the highly-rated Howard De Beck Elementary School, which has a rating of 7.7/10. Located just a 0.75 km stroll away, this school is a hub of academic excellence and a safe haven for young minds. Additionally, R C Palmer Secondary School is nearby, with a rating of No Rating, and St. Paul School, an independent elementary school with a rating of 10/10, is just a 1.03 km walk. For secondary independent school options, Richmond Christian School, with a rating of 9.3/10, is a 2.91 km drive.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. With a rate of 16,909 volation disturbances, you'll feel safe and secure in this community. The year-over-year change in the total crime rate is -3.39%, indicating a downward trend. While the rating for drug crime is High, with a rating of 2,081.96 and 4,498 incidents in 2020, the violent crime rate is Low at 919.25, with a year-over-year change of 0.06%.

Transit

Getting around is a breeze in this neighborhood, with the Southbound No. 4 Rd @ 7500 Block bus station just a 0.35 km walk. This convenient transit option makes it easy to explore Richmond and beyond.

Demographics

This community is home to a diverse population, with 39.3% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, 11.7% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $58,829, which is Below Average, while the median personal income is $22,743, also Low compared to the BC average. However, 68.5% of households have a mortgage, which is Above Average.

Lifestyle

With an unemployment rate of 5.1%, which is Low compared to other provinces, this area offers a stable and secure environment for families and individuals alike. The population change between 2011 and 2016 was 12.6%, which is High compared to average growth rates in the region. With a population density of 4,087.1 people per square kilometer, this community is vibrant and bustling. The average family size is 2.8, which is Below Average, while 68.8% of families have children, which is Above Average.

Real Estate

This property is situated in the McLennan North community, where the average value of dwellings is $737,093, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,473 on average for their dwellings. Tenants in this area pay $1,558 on average, which is also High compared to other cities. With 17.2% of the population renting, this area is Below Average in terms of rental rates.

Transportation

In this neighborhood, 20% of the population uses public transport, which is Above Average, while 75.5% use cars, which is Below Average. Only 0.2% of residents use bicycles, which is Low, and 3.1% walk, which is also Below Average.

As we conclude our tour of 7611 Armstrong Street, Richmond, BC, MLS® R3046004, I hope you've fallen in love with this charming property and the vibrant community it's a part of.

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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 $1,588,888
Richmond $1,862,999
McLennan North 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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