303 7240 Lindsay Rd, Richmond, BC | MLS^® R3067083 Property Details

Sunny and bright top-floor southeast corner unit.Leasehold prepaid till 2087. This is an excellent investment property with strong rental income potential. Located in a well-maintained complex with recent updates over the last few years including siding, roof, parking lot, and fencing. This 2-bedroom + den home offers open views, plenty of natural light, and modern upgrades throughout. Walking distance to Mckay elementray school, Burnett high school, parks, and community centre, with one parking stall included. Maintenance fee covers property tax, city utilities, heat, and hot water. No pets allowed. At a fraction of Vancouver’s typical home prices, this is an ideal entry point into the market or a secure investment offering stable, high returns.

General Info

Price $299,900

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 838

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1974

Age Of Building 51

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Refrigerator, Stove

Building Amenities Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal, Taxes, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3067083

Area Richmond

Neighbourhood Granville

City Richmond

Gross Taxes 0

Ownership Type Leasehold prepaid-NonStrata

Maintenance Fee $833.57

Community Features Shopping Nearby

Amenities Nearby Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal, Taxes, Water

Heating & Cooling

Fireplace 0

Heating Type Hot Water, Radiant

Utilities

Utility Type Community, Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Open, Guest

Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed

Pet Restrictions No

Rental Restrictions -

Zoning RF

Rental Suites -

Laundry Common Area

# of Kitchens 1

Flooring Laminate, Mixed

Foundation Concrete Perimeter

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15'2 x 15'2 ft
Main Level	Dining Room	9'1 x 9'1 ft
Main Level	Kitchen	8'6 x 8'6 ft
Main Level	Bedroom	10'10 x 10'10 ft
Main Level	Bedroom	9'9 x 9'9 ft
Main Level	Den	4'10 x 4'10 ft

Listed by: Heller Murch 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 Info

Public Schools

Elementary

Donald E McKay Elementary School

0.08 km

Secondary

J N Burnett Secondary School

0.42 km

Elementary

Donald E McKay Elementary School

0.08 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

2.03 km

Secondary

City Vancouver Academy

3.92 km

Closest Transit

Translink

Northbound Railway Ave @ Linfield Gate

0.25 km

Skytrain

Skytrain @ Brighouse Stn

2.34 km

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

Welcome to 303 7240 Lindsay Road, a stunning property in the heart of Richmond, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this amazing home.

First, let's talk about the schools. This property is serviced by Donald E McKay Elementary School, which is just a 0.08 km walk away. This school has a rating of No Rating, but families love this area because of its strong sense of community and excellent educational opportunities. Just down the road, you'll also find J N Burnett Secondary School, which is a 0.42 km drive away. This school also has a rating of No Rating, but it's a great option for families who want to stay in the area.

When it comes to safety, you can rest assured that this neighborhood is a safe and peaceful place to call home. According to Statistics Canada's 2020 report, the overall crime rate near this address is 7,826.57, which is considered Average compared to other Canadian cities. While there were some incidents of property crime, the rate is still relatively low, and the neighborhood is well-patrolled by local authorities. In fact, the drug crime rate is High in this area, but the police presence is strong, and the community is working together to keep the area safe.

Now, let's talk about the demographics of this neighborhood. According to the latest census data, 29.1% of the population in this area has a university certificate or degree, which is Above Average compared to other BC neighborhoods. However, 14.7% of the population has no certificate or degree, which is Below Average compared to the average in BC. The median household income in this area is $61,312, which is Below Average compared to the BC average. However, the median personal income is $22,925, which is Low compared to the BC average.

When it comes to transportation, this neighborhood is well-connected to the rest of Richmond and the surrounding areas. The closest bus station is Northbound Railway Ave @ Linfield Gate, which is just a 0.25 km walk away from this property. You can easily hop on the bus and head to work, school, or other destinations in the area.

Now, let's talk about the lifestyle amenities in this neighborhood. This area is close to several parks, beaches, and trails, making it a great option for outdoor enthusiasts. You'll also find a variety of shopping malls, grocery stores, restaurants, and coffee shops in the area, making it easy to get what you need without having to leave the neighborhood.

In terms of real estate, the average value of dwellings in this neighborhood is $1,159,425, which is High compared to other areas in British Columbia. However, the average owner payments are High in this area, with owners spending an average of $1,595 per month on their dwellings. Tenants are paying an average of $1,064 per month, which is Average compared to other cities.

Finally, let's talk about the population growth in this area. According to the latest census data, the population change between 2011 and 2016 was -3.1%, which is Below Average compared to the average growth rate of this region. However, the population density per square kilometer in this area is 4,495.2, which is High compared to other areas in BC.

In conclusion, 303 7240 Lindsay Road is a fantastic property in a safe and peaceful neighborhood with excellent educational opportunities and a strong sense of community. With its proximity to parks, beaches, and trails, shopping malls, grocery stores, restaurants, and coffee shops, this property is a great option for families and individuals who want to experience the best of Richmond, BC.

Contact me today to schedule a viewing and make this property your home!

MLS^® R3067083

Address: 303 7240 Lindsay Road, Richmond, BC

Phone: [Your Phone Number]

Email: [Your Email]

Website: [Your Website]

303 7240 Lindsay Rd, Richmond, BC, MLS^® R3067083