17531 Westminster Hwy, Richmond, BC

$12,800,000
Est. Mortgage /mo

MLS® R3020504

3 Beds
4 Baths
3205 sqft
3994 $ /sqft
1987 built
$12,800,000
Est. /mo with 20% down
$3,994/sqft · Tax $1,569/2024
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

First time available on the market in generations, this exceptional 19.48-acre farm offers a rare legacy opportunity. Ideally situated on Westminster Highway with over 654 feet of road frontage, the property backs onto the prestigious Mayfair Lakes Golf & Country Club and enjoys stunning views of the mountains and city skyline. The +/-3,205 sq.ft. main executive residence features 3 bedrooms, 4 bathrooms, and a double garage. A charming secondary home (circa 1921) offers approx. 1,200 sq.ft. with 2 bedrooms, 1 bathroom, and a detached garage/shop. A 5,271 sq.ft. (approx.) cold storage barn (44.3' x 119') adds valuable agricultural or commercial utility. Zoned for a wide range of agricultural uses including berries, potatoes, nurseries, vineyards, livestock, wineries, and more.

General Info

Price $12,800,000
Total Bedrooms 3
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3205
Lot Size 19.48
Lot Size Depth Feet
Lot Size Frontage 654.53
Basement Crawl Space, None
Basement Features -

Property Metrics

Year Built 1987
Age Of Building 38
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3020504
Building Name -
Area Richmond
Neighbourhood East Richmond
City Richmond
Postal Code V6V 1A9
Price per Sqft $3,994
Gross Taxes $1,568.61
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Radiant

Utilities

Utility Type Community
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Garage Double
Total Parking Spaces 8
Listed by: RE/MAX City Realty & RE/MAX City Realty & RE/MAX City Realty

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

Elementary
Kingswood Elementary School
Average
5.65 km
6.8/10
Secondary
Matthew McNair Secondary School
7 km
Elementary
Kingswood Elementary School
5.65 km

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

Private Schools

Elementary
Fawkes Academy
2.91 km
Secondary
Glen Eden School
3.97 km

Closest Transit

Bus Stop
Eastbound Westminster Hwy @ No. 8 Rd
0.27 km
Skytrain
Skytrain @ Royal Oak Stn
6.22 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
24.9%
No Certificate/Degree
Above Average
15.5%
Owner Occupied
Below Average
51.2%
Employment Rate
Above Average
67.2%

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)
Possible
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $131
Maintenance fee 0
A 20% down payment of $2,560,000 on this $12,800,000 listing yields an estimated mortgage of $48,887/month (30-year fixed, 4%). Total estimated housing cost: $49,018/month, $131 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 $26,112/month in estimated rental income against $49,657/month in mortgage payments, the monthly cashflow is -$23,545/month. A 59% 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 $12,800,000
Richmond Loading...
East Richmond Loading...
No active comparables are currently available for this property type in Richmond. Pricing context may be limited at this time.
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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