5515 Langtree Ave, Richmond, BC, MLS® R2938038

$3,600,000
Est. Mortgage /mo

5.3% price reduction

$3,600,000
$3,800,000
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
6 Beds
7 Baths
2 Stories
lot 11345 sqft
4550 sqft
2012 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5515 Langtree Ave, Richmond, BC | MLS® R2938038 Property Details

5.3% price reduction

Built by High Reputation Luxury house builder, the renowned award winning Dakota Homes. This South Facing classic, luxurious and elegant house sits on a large 11, 345 sf lot in the desirable Granville neighborhood. Gorgeous living room with high ceiling, beautiful flooring and charming lighting, formal dining room and functional kitchen with top of the line appliances. Charming media room and bright family room for great family time. Aside from the alluring master bedroom and 4 other large bedrooms on the upper floor, there is a lovely guest bedroom on the main floor, all with ensuite. Exquisite details throughout with refined quality. Close to community center, school, transit shopping and many more!

General Info

Price $3,600,000
Total Bedrooms 6
Total Bathrooms 5
Half Bathrooms 2
Floor Area Total (sqft) 4550
Lot Size 11345
Lot Size Depth Feet
Lot Size Frontage 78
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2012
Age Of Building 13
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® # R2938038
Area Richmond
Neighbourhood Granville
City Richmond
Gross Taxes $11,072.86
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Radiant

Utilities

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

Parking

Parking Type Additional Parking, Garage Triple, Front Access, Garage Door Opener
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning .
Rental Suites None
# of Kitchens 2
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Pacific Evergreen 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
Donald E McKay Elementary School
0.14 km
Secondary
J N Burnett Secondary School
0.62 km
Elementary
Donald E McKay Elementary School
0.14 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
1.96 km
Secondary
City Vancouver Academy
3.88 km

Closest Transit

Bus Stop
Eastbound Granville Ave @ Lynas Lane
0.42 km
Skytrain
Skytrain @ Brighouse Stn
2.22 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 5515 Langtree Avenue, a stunning property located in the heart of Richmond, BC, listed as MLS® R2938038. As we step into this beautiful home, let's start by exploring the wonderful schools in the area that make this community so appealing to families.

Located just 0.14 km from the property, we have Donald E McKay Elementary School, a well-regarded institution that boasts a No Rating. This school is a testament to the community's commitment to providing quality education for its children. Just down the road, at 0.62 km from the property, we have J N Burnett Secondary School, another esteemed institution that also carries a No Rating. Both schools are highly regarded for their academic excellence, making this a wonderful area for families to grow and thrive.

If you're looking for an elementary independent school, St. Joseph the Worker School is the closest option, located 1.96 km from this home for sale. With a No Rating, this school is a great choice for families seeking a more specialized education. For secondary independent school options, City Vancouver Academy is the closest, located 3.88 km from the property, with a No Rating as well.

Now, let's talk about the safety of the area. According to the latest crime data from Statistics Canada (2020), there were 16,909 violations in the neighborhood surrounding 5515 Langtree Avenue. The overall crime rate in the area is 7,826.57, which is considered Average compared to other Canadian cities. This is reassuring news for families and individuals looking for a safe and secure community.

In terms of crime types, the drug crime rate in the area is High, with a rating of 2,081.96. However, the property crime rate is Average, with a rating of 3,238.66. The violent crime rate is Low, with a rating of 919.25. These statistics give us a clear picture of the area's safety and security.

When it comes to transportation, the closest Bus station is Eastbound Granville Ave @ Lynas Lane, located 0.42 km from the property. This convenient location makes it easy to get around the city without a car.

Now, let's explore the demographics of the area. The neighborhood surrounding 5515 Langtree Avenue is home to a diverse population, with 29.1% of residents holding a university certificate or degree. This is Above Average compared to other BC neighborhoods. On the other hand, 14.7% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income in the area is $61,312, which is Below Average compared to the British Columbia average. The median personal income is $22,925, which is also Low compared to the BC average. However, the percentage of households with a mortgage is 56.8%, which is Average.

Unemployment rates in the area are also worth noting. The unemployment rate in the area surrounding 5515 Langtree Avenue is 6.4%, which is Below Average compared to other province neighborhoods.

As we look at the population growth in the area, we see that the population change between 2011 and 2016 was -3.1%. This is Below Average compared to average growth rates in the region.

In terms of population density, the area surrounding 5515 Langtree Avenue has a high population density per square kilometer, with 4,495.2 people per sq.km. This is a testament to the area's popularity and desirability.

Families in the area are also worth noting. The average size of families in the area is 3, which is Above Average compared to the whole region. The percentage of families with children is 74.3%, which is High. The percentage of married or living common law is 60.5%, which is Average.

The average age of the population in the area is 41.4, which is Average compared to other BC cities.

When it comes to real estate, the average value of dwellings in the area is $1,159,425, which is High compared to other areas in British Columbia. The average owner payments are High in the area, with $1,595 spent on average for dwellings. Tenants in the area are paying $1,064 on average, which is Average compared to other cities.

Interestingly, 27.6% of the population in the area are renters, which is Above Average compared to other BC cities and areas. The percentage of English and French speakers in the area is 3.4%, which is Low. However, the percentage of English speakers only is 82.2%, which is Below Average. The percentage of neither English nor French speakers is 14.4%, which is High compared to other BC cities.

Finally, when it

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 $3,600,000
Richmond $3,688,888
Granville 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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