9.7% price reduce

8815 Cook Cres, Richmond, BC

$2,980,000
Est. Mortgage /mo

MLS® R2695028

5 Beds
2 Baths
2389 sqft
1247 $ /sqft
1964 Built
$2,980,000
$3,300,000
Est. /mo with 20% down
$1,247/sqft · Tax $5,074/2021
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

9.7% price reduce

Excellent investment opportunity in the heart of Richmond. City now considers allowing higher densities such as low-rise or high-rise residential buildings instead of T4 townhouses only in City of Richmond OCP. 5 min walk to Richmond Center shopping mall, Walmart, and skytrain,1 min to elementary school. It is a very good holding property 3 bedrooms upstairs, 2 bedrooms downstairs and sitting on the big lot 7918 sqft. Property sell as is where is.

General Info

Price $2,980,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2389
Lot Size 7918
Lot Size Depth Feet
Lot Size Frontage 67.1
Basement Full
Basement Features -

Property Metrics

Year Built 1964
Age Of Building 61
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® # R2695028
Building Name -
Area Richmond
Neighbourhood Brighouse
City Richmond
Postal Code V6Y 1X1
Price per Sqft $1,247
Gross Taxes $5,073.83
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Carport Single, Front Access
Total Parking Spaces 4
Listed by: Team 3000 Realty Ltd.

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
A.R. MacNeill Secondary School
1.08 km
Elementary
William Cook Elementary School
Average
0.34 km
5.7/10
Elementary
William Cook Elementary School
0.34 km

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

Private Schools

Elementary
Pythagoras Academy
1.45 km
Secondary
City Vancouver Academy
1.63 km

Closest Transit

Bus Stop
Southbound Garden City Rd @ Ferndale Rd
0.22 km
Skytrain
Skytrain @ Brighouse Stn
0.63 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
32.5%
No Certificate/Degree
Average
12.9%
Owner Occupied
Average
66.7%
Employment Rate
Average
63.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
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 $423
Maintenance fee 0
A 20% down payment of $596,000 on this $2,980,000 listing yields an estimated mortgage of $11,382/month (30-year fixed, 4%). Total estimated housing cost: $11,805/month, $423 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 $7,295/month in estimated rental income against $12,053/month in mortgage payments, the monthly cashflow is -$4,758/month. A 54% 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 $2,980,000
Richmond Loading...
Brighouse Loading...
No active comparables are currently available for this property type in Richmond. Pricing context may be limited at this time. This property is flagged as a Hot Deal (9.7% price reduce) 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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