Motivated Sellers, Below Assessment Value, 16.2% price reduction

11493 Seabrook Cres, Richmond, BC

$989,000
Est. Mortgage /mo

MLS® R3075447

3 Beds
2 Baths
1150 sqft
860 $ /sqft
0 $ Maint. fee
1968 Built
$989,000
$1,180,000
Est. /mo with 20% down
$860/sqft · Tax $3,401/2025
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

Property Details & Specs

Motivated Sellers Below Assessment Value 16.2% price reduction

NEW PRICE — Significantly below BC Assessment value! Motivated seller. Rare freehold half-duplex (not a townhouse) situated on a large lot with back lane access and carport. An excellent land-value opportunity with a well-maintained, livable home. South-facing and thoughtfully updated: 2023 – Fresh interior paint throughout, including ceilings. 2024 – Updated washer, range, double-glazed windows and patio door. 2025 – New kitchen cabinets, dryer, carport roofing, stone countertops, ceramic tile kitchen flooring, wood flooring throughout, and fenced yard. Includes a secured side storage room. Strong future redevelopment potential. The adjacent property at 11491 Seabrook Cres is also available for purchase. Open House: Mar 7th & 8th 2-4 PM.

General Info

Price $989,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1150
Lot Size 5635
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features -

Property Metrics

Year Built 1968
Age Of Building 58
Building Type Half Duplex
Property Type Residential
Stories 2
Building Features -
Structures Duplex, Residential Attached

Additional Details

MLS® # R3075447
Building Name -
Area Richmond
Neighbourhood Ironwood
City Richmond
Postal Code V7A 3H2
Price per Sqft $860
Gross Taxes $3,401.32
Ownership Type Freehold Strata
Maintenance Fee 0

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Carport Single, Open, Other, Lane Access, Rear Access
Total Parking Spaces 2
Listed by: Nu Stream Realty Inc.

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 & Transit Info

Public Schools

Secondary
Matthew McNair Secondary School
1.26 km
Elementary
Daniel Woodward Elementary School
0.24 km
Elementary
Daniel Woodward Elementary School
0.24 km

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

Private Schools

Elementary, Secondary
Richmond Christian School
0.46 km
Elementary, Secondary
Richmond Christian School
0.46 km

Closest Transit

Bus Stop
Eastbound Williams Rd @ Seacote Rd
0.08 km
Skytrain
Skytrain @ Brighouse Stn
4.20 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
25.9%
No Certificate/Degree
Above Average
16.6%
Owner Occupied
Below Average
59.6%
Employment Rate
Above Average
68.8%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $283
Maintenance fee 0
A 20% down payment of $197,800 on this $989,000 listing yields an estimated mortgage of $3,777/month (30-year fixed, 4%). Total estimated housing cost: $4,060/month, $283 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $3,631/month in estimated rental income against $4,122/month in mortgage payments, the monthly cashflow is -$491/month. A 31% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $989,000
Richmond Loading...
Ironwood Loading...
This $989,000 listing sits 8.8% below the Ironwood average of $1,084,500 for similar 3-bedroom Half Duplexs (2 active comparables). This property is flagged as a Hot Deal (Motivated Sellers, Below Assessment Value, 16.2% price reduction) based on its competitive pricing and market demand.
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

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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