7640 FRANCIS RD, Richmond BC V6Y 1A2, Richmond, BC

$4,900,000
Est. Mortgage /mo

MLS® R2912549

$4,900,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
1 Stories
lot 21753 sqft
1543 sqft
1955 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Prime Development Opportunity! This nearly half-acre parcel offers exceptional potential for redevelopment. Conveniently located in the highly soughtafter Broadmoor neighbourhood in Richmond, BC. This area offers plenty of green spaces, schools, shopping centres, restaurants and provides easyaccess to the Arthur Lang and Oak Street bridges to Vancouver and Hwy #99 South. The City will support a 50-unit, 100% market rental apartment building.

General Info

Price $4,900,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1543
Lot Size 21753.86
Lot Size Depth Feet
Lot Size Frontage 66
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1955
Age Of Building 70
Building Type Single Family Residence
Property Type Residential
Stories 1.5
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2912549
Area Richmond
Neighbourhood Broadmoor
City Richmond
Gross Taxes $14,664.58
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RSM/L
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $4,900,000
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Listed by: Century 21 Creekside Realty (Luckakuck)

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
John T Errington Elementary School
Above Average
0.64 km
Rating 8.1/10
Secondary
Steveston-London Secondary School
1.29 km
No Rating
Elementary
John T Errington Elementary School
0.64 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
St.Paul School
0.79 km
Rating 10/10
Elementary, Secondary
Richmond Christian School
3.62 km
Rating 9.3/10

Closest Transit

Translink
Southbound No. 3 Rd @ Francis Rd
0.14 km

7640 FRANCIS ROAD, Richmond BC V6Y 1A2 is serviced by John T Errington Elementary School. The property with listing MLS® R2912549 is located 0.64 km from the school. John T Errington Elementary School has a rating of Rating 8.1/10.

This home with address 7640 FRANCIS ROAD, Richmond BC V6Y 1A2, Richmond, BC is also serviced by Steveston-London Secondary School and located 1.29 km from it. Steveston-London Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 is St.Paul School with School's rating Rating 10/10, located 0.79 km from this home.

The closest to this address 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 Secondary independent school is Richmond Christian School with School's rating Rating 9.3/10, located 3.62 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 - 7640 FRANCIS ROAD, Richmond BC V6Y 1A2, 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® R2912549 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 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 are Average. Property misconduct rating adjacent to MLS® R2912549 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 Southbound No. 3 Rd @ Francis Rd in 0.14 km away from this listing with - MLS® R2912549.

31.2% of people with university certificate/degree live in this neighbourhood adjacent to the 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 which is Above Average in comparison with other BC neighbourhoods. 16.4% of population in this neighbourhood that is near the Listing MLS® R2912549 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 7640 FRANCIS ROAD, Richmond BC V6Y 1A2, Richmond, BC is $64256 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2912549 is $23564 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 48.6% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2912549 is 5.1 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 Broadmoor where population change between 2011 and 2016 was 0.3%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7640 FRANCIS ROAD, Richmond BC V6Y 1A2, Richmond, BC is 3572.9 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2912549 is 70% and it is High. % of Married or living common law is around 59.8% and it is Average.

Average age of the population close to the 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 is 42.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7640 FRANCIS ROAD, Richmond BC V6Y 1A2, Richmond, BC is $1645990 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7640 FRANCIS ROAD, Richmond BC V6Y 1A2. $1870 owners spent in average for the dwelling. Tenants are paying $1409 in this district close to MLS® R2912549 and it is High comparing to other cities.

21.8% of Population in this district near the 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7640 FRANCIS ROAD, Richmond BC V6Y 1A2, Richmond, BC is 3.7%, it is Low, % of English speakers only is 82% and Below Average. % of Neither English nor French speakers close to home for sale 7640 FRANCIS ROAD, Richmond BC V6Y 1A2, Richmond, BC is 14.3% and it is High comparing to other BC cities.

19.8% of all population in the area around this property with the address 7640 FRANCIS ROAD, Richmond BC V6Y 1A2, Richmond, BC using Public Transport which is Above Average, 76.2% of using population are using Cars around MLS® R2912549, which is Below Average. 1.1% of people using Bicycles around the 7640 FRANCIS ROAD, Richmond BC V6Y 1A2 and it is Average. 0.6% 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 $4,900,000
Richmond No comparables
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
778-918-5990
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Similar Sold listings

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MLS R2782976
9431 FINN ROAD
Richmond BC V7A 2L3 Richmond
Richmond Homes For Sale
Richmond Property Listings
Sold
$1,999,000

9431 FINN ROAD, Richmond BC V7A 2L3, Richmond

2 Beds
1 Baths
1888 sqft
1940 built
MLS® R2782976

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