10.6% price reduction

7311 Bates Rd, Richmond, BC

$2,850,800
Est. Mortgage /mo

MLS® R3003959

5 Beds
5 Baths
3433 sqft
830 $ /sqft
2012 Built
$2,850,800
$3,188,000
Est. /mo with 20% down
$830/sqft · Tax $8,544/2024
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

10.6% price reduction

Prestigious Broadmoor area in central Richmond! 7,260sqft lot with 3,400sqft of luxurious living. This custom home offers 5 bdrm+den, 5.5 bath, 2 kitchens, and backs onto grassland with breathtaking mountain views. Features newly painted walls, 20’ marble foyer, spiral staircase, drop ceilings, crown moulding, radiant heat, A/C, HRV, security system, 3-car garage & lawn sprinklers. Bright, spacious layout. Walk to No. 3 Rd, Broadmoor Mall, transit. School catchment: Errington Elem & London Sec. A must-see property!

General Info

Price $2,850,800
Total Bedrooms 5
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3433
Lot Size 7259
Lot Size Depth Feet
Lot Size Frontage 66
Basement None
Basement Features -

Property Metrics

Year Built 2012
Age Of Building 14
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® # R3003959
Building Name -
Area Richmond
Neighbourhood Broadmoor
City Richmond
Postal Code V7A 1C8
Price per Sqft $830
Gross Taxes $8,544.37
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Gated, Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Radiant
Cooling Air Conditioning

Utilities

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

Parking

Parking Type Garage Triple
Total Parking Spaces 5
Listed by: Luxmore Realty & Luxmore 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
John T Errington Elementary School
Above Average
0.11 km
8.1/10
Secondary
Steveston-London Secondary School
0.58 km
Elementary
John T Errington Elementary School
0.11 km

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

Private Schools

Elementary
Ark Elementary School
1.4 km
Elementary, Secondary
Richmond Christian School
3.8 km

Closest Transit

Bus Stop
Eastbound Williams Rd @ Deagle Rd
0.16 km
Skytrain
Skytrain @ Brighouse Stn
2.88 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
31.2%
No Certificate/Degree
Above Average
16.4%
Owner Occupied
Below Average
48.6%
Employment Rate
Above Average
70%

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 $712
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $11,600/month in total housing costs on this $2,850,800 property — $10,888 mortgage payment, $712 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%
Based on $6,978/month estimated rent and $11,837/month in total housing costs, this property has a -$4,859/month cashflow. Break-even down payment: approximately 56%.
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 $2,850,800
Richmond Loading...
Broadmoor Loading...
Among 6 similar active listings in Broadmoor, the average price is $3,184,222. At $2,850,800, this listing is priced 10.5% below the local average and 5.8% above the city-wide benchmark. This property is flagged as a Hot Deal (10.6% 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

What are the closest top-rated schools to 7311 Bates Road, Richmond, BC?

Is 7311 Bates Road, Richmond, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 7311 Bates Road, Richmond, BC?

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

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $17,417
0 of 17 missions
Your paragraph text

Sign up on Estateblock.com

$871 / 5%

Buy with us & save on this property

Book a tour

Please complete the form. We will the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent