116 7240 Lindsay Rd, Richmond, BC, MLS® R3065920

$209,900
Est. Mortgage /mo

$209,900
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
1 Beds
1 Baths
1 Stories
lot 0 sqft
657 sqft
1974 built
Show more info
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Map
Street view
Schools
Crime
Commute
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116 7240 Lindsay Rd, Richmond, BC | MLS® R3065920 Property Details

Discover this spacious & cozy ground-floor 1 bed home in the sought-after Sussex Square complex. Upgrades to the complex in recent years include new windows, balconies, patio fencing, building exterior, repaved parking lot and plumbing for the buildings. This south-facing unit features a large quiet patio perfect for outdoor relaxation. Inside, you'll find a functional layout with a generously sized bedroom & an additional storage room for added convenience. The property is leasehold title, with a maintenance fee covering property tax, heat & hot water. While the complex has a no-pet policy, it offers excellent rental returns, with 2 levels of schools nearby. Enjoy easy access to the Railway Trail, community center, and a short drive to the airport, Vancouver, and shopping destinations.

General Info

Price $209,900
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 657
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1974
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Refrigerator, Stove
Building Amenities Caretaker, Trash, Heat, Hot Water, Management, Taxes
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3065920
Area Richmond
Neighbourhood Granville
City Richmond
Gross Taxes 0
Ownership Type Leasehold prepaid-NonStrata
Maintenance Fee $621.91
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Heat, Hot Water, Management, Taxes
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Open, Front Access
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Rental Restrictions -
Zoning MFD
Rental Suites -
Laundry Common Area
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer

Property History

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Status Date Price
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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

Elementary
Donald E McKay Elementary School
0.08 km
Secondary
J N Burnett Secondary School
0.42 km
Elementary
Donald E McKay Elementary School
0.08 km

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
2.03 km
Secondary
City Vancouver Academy
3.93 km

Closest Transit

Bus Stop
Northbound Railway Ave @ Linfield Gate
0.25 km
Skytrain
Skytrain @ Brighouse Stn
2.34 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 116 7240 Lindsay Road, a Stunning Home in Richmond, BC

As we step into the charming neighborhood of 116 7240 Lindsay Road, Richmond, BC, you'll discover a warm and inviting community that's perfect for families and individuals alike. With its excellent schools, low crime rate, and abundance of lifestyle amenities, this property is sure to impress.

Excellent Schools in the Area

Located in the heart of the community is Donald E McKay Elementary School, just 0.08 km from our listing MLS® R3065920. This school has a No Rating, but its proximity to the property makes it a convenient option for families. Additionally, J N Burnett Secondary School is just 0.42 km away, offering students a range of academic and extracurricular opportunities. We also have St.Joseph the Worker School, an Elementary independent school, located 2.03 km from this home, and City Vancouver Academy, a Secondary independent school, located 3.93 km from this home, both with No Ratings.

Low Crime Rate in the Neighboring Area

According to the latest crime data from Statistics Canada (2020), the neighborhood surrounding 116 7240 Lindsay Road has an overall crime rate of 7,826.57 incidents per 100,000 population. This is considered Average compared to other Canadian cities. The year-by-year change in the total crime rate is -3.39%. Additionally, the drug crime rate is High, with a rating of 2,081.96, and the property crime rate is Average, with a rating of 3,238.66.

Transportation and Commuting Convenience

Getting around is a breeze with the Northbound Railway Ave @ Linfield Gate bus station just 0.25 km away from our listing MLS® R3065920. You'll also have easy access to major highways and public transportation options, making it simple to explore the city and its many attractions.

Demographics and Lifestyle

The community surrounding 116 7240 Lindsay Road, Richmond, BC, is a diverse and vibrant neighborhood. With 29.1% of residents holding a university certificate or degree, this area is Above Average compared to other BC neighborhoods. However, 14.7% of the population has no certificate or degree, which is Below Average. The median household income is $61,312, which is Below Average compared to the British Columbia average. The median personal income is $22,925, which is Low compared to the BC average. Unemployment rates are also low, at 6.4%, which is Below Average.

Real Estate and Housing

The average value of dwellings in the neighborhood is $1,159,425, which is High compared to other areas in British Columbia. Average owner payments are also High, with owners spending $1,595 on average for their dwellings. Tenants are paying $1,064 on average, which is Average. With 27.6% of the population renting, this is Above Average compared to other BC cities and areas.

Language and Transportation

The community surrounding 116 7240 Lindsay Road, Richmond, BC, is predominantly English-speaking, with 82.2% of residents speaking only English. However, 14.4% of the population speaks neither English nor French, which is High compared to other BC cities. When it comes to transportation, 16.8% of the population uses public transportation, which is Above Average. In contrast, 76.8% of residents use cars, which is Below Average. 1.8% of the population uses bicycles, which is Above Average, and 5% of residents walk, which is Average.

Experience the Best of Richmond, BC

With its excellent schools, low crime rate, and abundance of lifestyle amenities, 116 7240 Lindsay Road is the perfect place to call home. Schedule a viewing today and discover the charm and character of this stunning property in Richmond, BC.

MLS® R3065920

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 $209,900
Richmond $329,537
Granville $212,333
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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