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.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 13'1 x 13'1 ft |
| Main Level | Dining Room | 10' x 10' ft |
| Main Level | Kitchen | 7'8 x 7'8 ft |
| Main Level | Bedroom | 11'8 x 11'8 ft |
| Main Level | Storage | 4' x 4' ft |
| Main Level | Patio | 15' x 15' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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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
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