9700 & 9720 GARDEN CITY RD, Richmond BC V7A 2S3, Richmond, BC

$2,438,000
Est. Mortgage /mo

MLS® R2811721

Closed

$2,400,000
Closed at 12 Dec 2023
Listing price: $2,438,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
8 Beds
4 Baths
2 Stories
lot 12270 sqft
3304 sqft
1965 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Amazing opportunity to own this well maintained FOURPLEX that is located on a huge 12,200+ SF lot with a wide 99’ frontage x 124’ depth in a great neighbourhood in Central Richmond. With 2 bedrooms and 1 bath in each of the suites … you can live in one, collect income from all or even share the property with your family. This excellent investment property has 2 single carports, updated appliances, shared laundry facilities and access to 2 large east-facing backyards. Roof is 15 yrs. There is also future development potential to become an 11-unit townhome site with an FSR of 0.6 if combined with the neighbour. All this in a fantastic central location that’s close to transit, shopping, South Arm Community Centre, parks, Lee Elementary and McNair Secondary. Don’t miss out!

General Info

Price $2,438,000
Total Bedrooms 8
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3304
Lot Size 12270
Lot Size Depth Feet
Lot Size Frontage 99
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1965
Age Of Building 58
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Washer, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2811721
Area Richmond
Neighbourhood Saunders
City Richmond
Gross Taxes $7,127.72
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Electric, Forced Air, Natural Gas

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 Single, Front Access, Concrete
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 4
Flooring Tile, Vinyl, Carpet
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 12-12-2023 $2,438,000
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Listed by: RE/MAX Austin Kay Realty

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
0.39 km
Rating 6.5/10
Secondary
Matthew McNair Secondary School
0.81 km
No Rating
Elementary
Walter Lee Elementary School
0.39 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
1.27 km
Rating 10/10
Elementary, Secondary
Richmond Christian School
2.51 km
Rating 9.3/10

Closest Transit

Translink
Southbound Garden City Rd @ Saunders Rd
0.04 km

9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 is serviced by Walter Lee Elementary School. The property with listing MLS® R2811721 is located 0.39 km from the school. Walter Lee Elementary School has a rating of Rating 6.5/10.

This home with address 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3, Richmond, BC is also serviced by Matthew McNair Secondary School and located 0.81 km from it. Matthew McNair Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 is St.Paul School with School's rating Rating 10/10, located 1.27 km from this home.

The closest to this address 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 Secondary independent school is Richmond Christian School with School's rating Rating 9.3/10, located 2.51 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 - 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3, 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® R2811721 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 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 are Average. Property misconduct rating adjacent to MLS® R2811721 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 @ Saunders Rd in 0.04 km away from this listing with - MLS® R2811721.

29.7% of people with university certificate/degree live in this neighbourhood adjacent to the 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 which is Above Average in comparison with other BC neighbourhoods. 16% of population in this neighbourhood that is near the Listing MLS® R2811721 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 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3, Richmond, BC is $77440 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2811721 is $27755 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 60.7% which is Average.

Unemployment rate in the area around Real Estate Listing # R2811721 is 6.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 Saunders where population change between 2011 and 2016 was 1.3%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3, Richmond, BC is 4088.8 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 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® R2811721 is 72.8% and it is High. % of Married or living common law is around 60.6% and it is Average.

Average age of the population close to the 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 is 41.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3, Richmond, BC is $1138645 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3. $1655 owners spent in average for the dwelling. Tenants are paying $1309 in this district close to MLS® R2811721 and it is Above Average comparing to other cities.

22% of Population in this district near the 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3, Richmond, BC is 5.9%, it is Below Average, % of English speakers only is 83.2% and Below Average. % of French speakers adjacent to 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3, Richmond, BC is 10.9% and it is High comparing to other BC cities.

16.7% of all population in the area around this property with the address 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3, Richmond, BC using Public Transport which is Above Average, 78.6% of using population are using Cars around MLS® R2811721, which is Below Average. 2% of people using Bicycles around the 9700 & 9720 GARDEN CITY ROAD, Richmond BC V7A 2S3 and it is Above Average. 2% of population are walking which is Below Average

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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 $2,438,000
Richmond No comparables
Saunders 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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12040 CAMBIE ROAD, Richmond BC V6V 1G4, Richmond

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4244 sqft
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