Below Assessment Value

5553 Hankin Dr, Richmond, BC

$2,398,000
Est. Mortgage /mo

MLS® R3033688

5 Beds
5 Baths
4001 sqft
599 $ /sqft
1992 Built
$2,398,000
Est. /mo with 20% down
$599/sqft · Tax $8,122/2024
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

Below Assessment Value

Priced for quick sale! Nestled in prestigious TERRE NOVA. Rarely found a custom-built house on an 8,003 SQFT LOT & 4,001 SQFT living area with functional layout. House located at a quiet street with great environment. Walking distance to school, dyke and mall. Hardwood floor and stairs. Elegant high foyer with 9' ceiling. Radiant heat in whole building. Air exchange system. Listing price is $188K below BC Assessment Value. Tenanted Property, showings on Friday & Saturday afternoons before 5pm by appointment only. 24 hours notice request.

General Info

Price $2,398,000
Total Bedrooms 5
Total Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 4001
Lot Size 8003
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features -

Property Metrics

Year Built 1992
Age Of Building 34
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3033688
Building Name -
Area Richmond
Neighbourhood Terra Nova
City Richmond
Postal Code V7C 5N2
Price per Sqft $599
Gross Taxes $8,121.7
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Natural Gas, Radiant

Utilities

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

Parking

Parking Type Garage Double, Front Access
Total Parking Spaces 6
Listed by: Amex Broadway West 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
Spul'u'kwuks Elementary School
Above Average
0.49 km
7.9/10
Elementary
Spul'u'kwuks Elementary School
0.49 km
Secondary
J N Burnett Secondary School
1.93 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
3.66 km
Secondary
City Vancouver Academy
4.86 km

Closest Transit

Bus Stop
Southbound No. 1 Rd @ Westminster Hwy
0.8 km
Skytrain
Skytrain @ Yvr-Airport Stn
2.43 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
42.7%
No Certificate/Degree
Below Average
11.3%
Owner Occupied
Below Average
50%
Employment Rate
Above Average
69.6%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 $677
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($479,600), the estimated monthly payment for this listing is $9,836/month — $9,159 principal & interest, $677 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%
At an estimated rental income of $6,114/month, this property runs a $3,937/month shortfall after mortgage and carrying costs. Break-even requires approximately 55% 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 $2,398,000
Richmond Loading...
Terra Nova Loading...
There are currently no comparable Single Family Residences active in Terra Nova. The Richmond-wide average for similar 5-bedroom properties is $2,544,667 (7 listings). This home is priced 5.8% below that benchmark. This property is flagged as a Hot Deal (Below Assessment Value) 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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