LOT39 &40 Gazetted Rd, Richmond, BC, MLS® R3069390

$568,000
Est. Mortgage /mo

$568,000
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
0 Stories
lot 53578 sqft
0 sqft
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LOT39 &40 Gazetted Rd, Richmond, BC | MLS® R3069390 Property Details

Prime holding opportunity in Richmond’s McLennan area—1.225 acres, AG1-zoned, ideally situated near Shell Road and Granville Avenue. This two-lot property sits within Central Richmond, offering strategic, long-term potential for future development. Current zoning allows for agricultural and farming uses only, and the construction of any buildings or structures is not presently permitted unless directly related to approved agricultural operations. This land is best suited for buyers seeking agricultural use now, with an eye to development possibilities as city planning and zoning policies evolve in coming years

General Info

Price $568,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 1.23
Lot Size Depth Feet
Lot Size Frontage 0
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3069390
Area Richmond
Neighbourhood McLennan
City Richmond
Gross Taxes $1,765
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) None

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning AG1
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: Royal Regal 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
Kingswood Elementary School
Average
1.71 km
6.8/10
Secondary
Matthew McNair Secondary School
2.17 km
Elementary
Kingswood Elementary School
1.71 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Cornerstone Christian Academy
0.94 km
Elementary, Secondary
Richmond Christian School
2.61 km

Closest Transit

Bus Stop
Northbound No. 5 Rd @ 7300 Block
0.76 km
Skytrain
Skytrain @ Brighouse Stn
2.62 km

Noise/ Power Lines

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

Other

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

Welcome to LOT 39 & 40 Gazetted Road, a Hidden Gem in Richmond, BC!

As a seasoned realtor with a deep understanding of the Richmond community, I'm thrilled to introduce you to this charming property, MLS® R3069390. Located in the heart of McLennan, this home offers the perfect blend of tranquility and convenience, making it an ideal choice for families and individuals alike.

Education at its Finest

LOT 39 & 40 Gazetted Road is serviced by Kingswood Elementary School, a highly-rated institution with a 6.8/10 rating, just 1.71 km away from the property. Matthew McNair Secondary School, another top-notch option, is also within reach at 2.17 km. For those seeking an alternative education, Cornerstone Christian Academy and Richmond Christian School are also nearby, offering independent school options with impressive ratings of 10/10 and 9.3/10, respectively.

A Safe and Welcoming Community

According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts an average crime rate, with a total of 16,909 disturbances reported. While this may seem like a lot, it's essential to consider the population density and growth rate. Our community is experiencing a 5% growth rate between 2011 and 2016, which is above average for this region.

Demographics and Lifestyle

The demographics of this area are fascinating:

  • 25.9% of residents hold a university certificate or degree, which is above average for BC.
  • 16.6% of the population has no certificate or degree, which is average compared to the province.
  • Median Household Income is $80,939, above average for British Columbia.
  • 59.6% of households have a mortgage, which is average for the region.

These statistics paint a picture of a thriving community with a mix of professionals, families, and individuals.

Convenience and Lifestyle Amenities

LOT 39 & 40 Gazetted Road offers an excellent location, with the Northbound No. 5 Rd @ 7300 Block bus station just 0.76 km away. This makes commuting a breeze, whether you're heading to work or exploring the city.

Some nearby attractions and amenities include:

  • Parks and beaches, perfect for outdoor enthusiasts
  • Dog parks for our furry friends
  • Shopping malls and grocery stores for convenience
  • Restaurants and coffee shops for a taste of the local culture
  • Hospitals and medical facilities for peace of mind

Real Estate Context

The average value of dwellings in this neighborhood is $987,082, which is high compared to other areas in British Columbia. Owner payments average $1,440, while tenants spend $1,489 on average. With 27% of the population renting, this is an average compared to other BC cities.

Transportation and Commuting

According to the latest transportation statistics, 78.9% of residents use cars, while 15.7% rely on public transportation, which is above average. Only 2.5% of the population walks, and 0.7% uses bicycles.

As a seasoned realtor, I'm proud to say that LOT 39 & 40 Gazetted Road offers a unique blend of tranquility, convenience, and community spirit. This home, MLS® R3069390, is an excellent choice for those seeking a peaceful retreat with easy access to amenities and services.

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 $568,000
Richmond $2,878,667
McLennan $2,860,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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