7.9% price reduction

215 8880 Jones Rd, Richmond, BC

$468,000
Est. Mortgage /mo

MLS® R2965252

1 Beds
1 Baths
689 sqft
679 $ /sqft
334.65 $ Maint. fee
1993 built
$468,000
$508,000
Est. /mo with 20% down
$679/sqft · Tax $1,442/2024
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

7.9% price reduction

This is it! A very quiet, East facing one bedroom unit overlooking the courtyard with functional floor plan. Centrally located, 5 min walk to Garden City Shopping Centre where you will find lots good restaurants, coffee shop, banks, grocery stores, medical clinic etc. 4 min drive to Richmond Centre, easy transit. Great school catchment: Currie Elementary and Palmer Secondary. Property is tenanted over the years in its original condition, will be sold as is, need complete update, bring in your renovation ideas!

General Info

Price $468,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 689
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1993
Age Of Building 32
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Clubhouse, Caretaker, Maintenance Grounds, Management, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2965252
Building Name -
Area Richmond
Neighbourhood Brighouse South
City Richmond
Postal Code V6Y 3Z1
Price per Sqft $679
Gross Taxes $1,442.19
Ownership Type Freehold Strata
Maintenance Fee $334.65
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Caretaker, Maintenance Grounds, Management, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard, Natural Gas

Utilities

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

Parking

Parking Type Garage Under Building
Total Parking Spaces 1
Listed by: Royal Pacific Realty Corp.

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
R C Palmer Secondary School
0.41 km
Elementary
Garden City Elementary School
Above Average
0.52 km
7.7/10
Elementary
Garden City Elementary School
0.52 km

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

Private Schools

Elementary
St.Paul School
0.56 km
Secondary
City Vancouver Academy
2.9 km

Closest Transit

Bus Stop
Southbound Garden City Rd @ Jones Rd
0.05 km
Skytrain
Skytrain @ Brighouse Stn
1.39 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
31.6%
No Certificate/Degree
Above Average
15.9%
Owner Occupied
Below Average
58.4%
Employment Rate
Average
61.1%

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 $120
Maintenance fee 0
Financing 80% of the $468,000 asking price over 30 years at 4% results in approximately $2,242/month in total estimated carrying costs, $120 property tax, $335 maintenance fee.
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%
This listing generates an estimated $1,909/month in rental income, leaving a -$387/month cashflow at current carrying costs. Investors targeting break-even would need roughly 38% down.
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 $468,000
Richmond Loading...
Brighouse South Loading...
14 comparable Apartment/Condos are currently active in Brighouse South, with a median asking price of $416,211. This property is listed 12.4% above the local average and 3.5% above the Richmond average. This property is flagged as a Hot Deal (7.9% 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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