8380 DEMOREST PL, Richmond BC V7A 4N4, Richmond, BC

$1,738,000
Est. Mortgage /mo

MLS® R2920021

Closed

$1,600,000
$1,750,000
Closed at 17 Dec 2024
Listing price: $1,738,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
3 Baths
3 Stories
lot 7243 sqft
1962 sqft
1976 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Excellent investor to hold the lot and build later, beautiful 7,243 sq ft corner lot with a large yard. This home Situated in a highly desirable area of Richmond, very quiet neighborhood near Garden City and Francis Rd. This 1,962 sf 3 bedrooms 2.5 bathroom split-level home built in 1976. Property to be sold as is, where is. Walking distance to Palmer Secondary, close to South Arm community Centre, Blundell Shopping Centre & Broadmoor Shopping Centre. House measurements taken from BC assessment, interior professionally measured by Matterport. Byers to verify if important. Roof was done by 2022.

General Info

Price $1,738,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1962
Lot Size 7243
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1976
Age Of Building 48
Building Type Single Family Residence
Property Type Residential
Architecture Style 3 Level Split
Stories 3
Appliances Included Washer/Dryer, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2920021
Area Richmond
Neighbourhood Saunders
City Richmond
Gross Taxes $5,257.45
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Other

Utilities

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

Parking

Parking Type Garage Double, Open, Front Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 12-17-2024 $1,738,000
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Listed by: Lico Realty Ltd.

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
Walter Lee Elementary School
Average
0.63 km
Rating 6.5/10
Secondary
Hugh McRoberts Secondary School
0.79 km
No Rating
Elementary
Walter Lee Elementary School
0.63 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
0.76 km
Rating 10/10
Elementary, Secondary
Richmond Christian School
2.88 km
Rating 9.3/10

Closest Transit

Translink
Southbound Garden City Rd @ Francis Rd
0.26 km

8380 DEMOREST PLACE, Richmond BC V7A 4N4 is serviced by Walter Lee Elementary School. The property with listing MLS® R2920021 is located 0.63 km from the school. Walter Lee Elementary School has a rating of Rating 6.5/10.

This home with address 8380 DEMOREST PLACE, Richmond BC V7A 4N4, Richmond, BC is also serviced by Hugh McRoberts Secondary School and located 0.79 km from it. Hugh McRoberts Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 8380 DEMOREST PLACE, Richmond BC V7A 4N4 is St.Paul School with School's rating Rating 10/10, located 0.76 km from this home.

The closest to this address 8380 DEMOREST PLACE, Richmond BC V7A 4N4 Secondary independent school is Richmond Christian School with School's rating Rating 9.3/10, located 2.88 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 - 8380 DEMOREST PLACE, Richmond BC V7A 4N4, 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® R2920021 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 8380 DEMOREST PLACE, Richmond BC V7A 4N4 are Average. Property misconduct rating adjacent to MLS® R2920021 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 Garden City Rd @ Francis Rd in 0.26 km away from this listing with - MLS® R2920021.

35.1% of people with university certificate/degree live in this neighbourhood adjacent to the 8380 DEMOREST PLACE, Richmond BC V7A 4N4 which is High in comparison with other BC neighbourhoods. 11.6% of population in this neighbourhood that is near the Listing MLS® R2920021 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 8380 DEMOREST PLACE, Richmond BC V7A 4N4, Richmond, BC is $69056 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2920021 is $23312 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 58.9% which is Average.

Unemployment rate in the area around Real Estate Listing # R2920021 is 4.4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 8380 DEMOREST PLACE, Richmond BC V7A 4N4 where population change between 2011 and 2016 was 8.2%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8380 DEMOREST PLACE, Richmond BC V7A 4N4, Richmond, BC is 4077.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 8380 DEMOREST PLACE, Richmond BC V7A 4N4 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2920021 is 69.7% and it is High. % of Married or living common law is around 61.5% and it is Average.

Average age of the population close to the 8380 DEMOREST PLACE, Richmond BC V7A 4N4 is 42.2 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8380 DEMOREST PLACE, Richmond BC V7A 4N4, Richmond, BC is $1289302 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 8380 DEMOREST PLACE, Richmond BC V7A 4N4. $1895 owners spent in average for the dwelling. Tenants are paying $1559 in this district close to MLS® R2920021 and it is High comparing to other cities.

22.3% of Population in this district near the 8380 DEMOREST PLACE, Richmond BC V7A 4N4 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8380 DEMOREST PLACE, Richmond BC V7A 4N4, Richmond, BC is 5.3%, it is Below Average, % of English speakers only is 81.2% and Below Average. % of French speakers adjacent to 8380 DEMOREST PLACE, Richmond BC V7A 4N4 only is 0.2% and it is Average. % of Neither English nor French speakers close to home for sale 8380 DEMOREST PLACE, Richmond BC V7A 4N4, Richmond, BC is 13.5% and it is High comparing to other BC cities.

16.2% of all population in the area around this property with the address 8380 DEMOREST PLACE, Richmond BC V7A 4N4, Richmond, BC using Public Transport which is Above Average, 81.1% of using population are using Cars around MLS® R2920021, which is Below Average. 0.9% of people using Bicycles around the 8380 DEMOREST PLACE, Richmond BC V7A 4N4 and it is Average. 0.9% 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 $1,738,000
Richmond $1,760,000
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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