8111 Cathay Rd, Richmond, BC V7C 3C5, Richmond, BC, V7C 3C5 | MLS® R3047581 Property Details

A stunning custom-built mansion on prestigious Cathay Road, built in 2014 by one of Vancouver’s top luxury builders. Situated on a 7,500 SF lot with over 3,500 Sq.ft of refined living space, featuring 5 ensuite bedrooms, 6 bathrooms, and 2 gourmet kitchens appliances. Grand double-height foyer, elegant living areas, private home theatre, Smart Home system, A/C, HRV, radiant heating, and 3-car garage. Quiet, upscale location near top schools, parks, and shopping. School catchment: McKay Elementary & Burnett Secondary.

General Info

Price $3,250,000

Total Bedrooms 5

Total Bathrooms 5

Half Bathrooms 1

Floor Area Total (sqft) 3491

Lot Size 7500

Lot Size Depth Feet

Lot Size Frontage 60

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2015

Age Of Building 10

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 # R3047581

Area Richmond

Neighbourhood Lackner

City Richmond

Gross Taxes $9,475.79

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 2

Heating Type Radiant

Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Community, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Triple, Front Access

Total Parking Spaces 5

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Strata Restrictions -

Rental Restrictions -

Zoning RS1/E

Rental Suites None

# of Kitchens 2

Flooring Laminate, Mixed, Wall/Wall/Mixed

Foundation Concrete Perimeter

Interior Features Central Vacuum

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony, Private Yard

Sewer Community, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14' x 14' ft
Main Level	Dining Room	13' x 13' ft
Main Level	Family Room	14' x 14' ft
Main Level	Kitchen	14' x 14' ft
Main Level	Wok Kitchen	5' x 5' ft
Main Level	Media Room	17' x 17' ft
Main Level	Bedroom	10' x 10' ft
Main Level	Office	10'6 x 10'6 ft
Above Level	Primary Bedroom	12'6 x 12'6 ft
Above Level	Walk-In Closet	6'6 x 6'6 ft
Above Level	Bedroom	10' x 10' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	11' x 11' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Main Level	Yes	#3
Above Level	Yes	#5
Above Level	Yes	#3
Above Level	Yes	#3

Listed by: RE/MAX Westcoast

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

Hugh Boyd Secondary School

1.42 km

No Rating

Elementary

Donald E McKay Elementary School

0.58 km

No Rating

Elementary

Donald E McKay Elementary School

0.58 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.Joseph the Worker School

1.51 km

No Rating

Secondary

City Vancouver Academy

4.24 km

No Rating

Closest Transit

Translink

Southbound No. 2 Rd @ Blundell Rd

0.38 km

Welcome to 8111 Cathay Road, a stunning property in the heart of Richmond, BC, listed as MLS® R3047581. As we step into this beautiful home, let's explore the wonderful community it's a part of.

Education

Just down the road, you'll find Donald E McKay Elementary School, a fantastic institution that's only 0.58 km away from our property. With a No Rating, this school is a hidden gem that families love. Plus, Hugh Boyd Secondary School is just 1.42 km away, offering a great education for students of all ages.

For those seeking alternative education options, St. Joseph the Worker School, an elementary independent school, is just 1.51 km away, also with a No Rating. And for secondary independent school options, City Vancouver Academy is 4.24 km from our property, also with a No Rating.

Safety

When it comes to safety, our community takes pride in being a secure and peaceful area. According to Statistics Canada's 2020 report, the overall crime rate near 8111 Cathay Road, Richmond, BC, is 7,826.57, which is considered Average compared to other Canadian cities. The year-over-year change in the total crime rate is -3.39%, indicating a downward trend.

Crime Breakdown

Let's dive deeper into the crime statistics:

- Drug crime rate: High compared to other neighbourhoods, with a rating of 2,081.96 and 4,498 illegal substances lawbreaking disturbances in 2020.

- Property crimes: Average, with a property misconduct rating of 3,238.66 and 6,997 incidents in 2020.

- Violent lawbreaking disorders: Low, with a rate of 919.25 and 1,986 incidents in 2020.

Demographics

Our community is a vibrant and diverse area, with a mix of families and individuals. Here are some interesting demographics:

- 29.8% of people with a university certificate/degree live in this neighbourhood, which is Above Average in comparison with other BC neighbourhoods.

- 16.2% of the population have no certificate or degree, which is Below Average compared to the average in BC.

- Median Household Income is $56,960, which is Below Average in comparison with the British Columbia average.

- Median personal income is $21,028, which is Low in comparison with the BC average.

- % of Households with a mortgage is 51%, which is Below Average.

Transportation

Convenience is key, and our community offers easy access to public transportation. The closest Bus station, Southbound No. 2 Rd @ Blundell Rd, is just 0.38 km away from our property.

Lifestyle Amenities

Envision your perfect lifestyle, and you'll find it here. Our community is surrounded by:

- Parks: perfect for outdoor activities and relaxation

- Beaches: enjoy the scenic beauty and recreational opportunities

- Trails: explore the great outdoors and stay active

- Dog parks: for our furry friends to run and play

- Shopping malls: convenient and fun shopping experiences

- Grocery stores: easily accessible and well-stocked

- Restaurants and coffee shops: a variety of cuisines and cultural experiences

- Hospitals: nearby medical facilities for peace of mind

Real Estate Context

Here are some key statistics about our community:

- Average value of dwellings: $1,459,459, which is High compared to other areas in British Columbia.

- Average Owner payments: High, with $1,827 spent on average for the dwelling.

- Tenants are paying $983 in this district, which is Average.

- 35.3% of Population in this district are Renters, which is Above Average.

Additional Insights

- Unemployment rate in the area is 9.7%, which is Above Average.

- Population change between 2011 and 2016 was -0.5%, which is Below Average.

- Population density per square kilometre is 3,595.3, which is High.

- Average size of families is 2.9, which is Average.

- Percent of families with children is 68.7%, which is Above Average.

- Average age of the population is 44.5, which is Above Average.

As we conclude our tour of 8111 Cathay Road, Richmond, BC, V7C 3C5, MLS® R3047581, we hope you've fallen in love with this property and the amazing community it's a part of.

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