503 7380 Elmbridge Way, Richmond, BC | MLS^® R2959544 Property Details

8.8% price reduce

Over 1000 sqft living space bright & large corner unit. Experience the perfect blend of comfort and convenience in the heart of Richmond. This elegant 3-bedroom and 2-bathroom Bosa-developed condo features stunning Mountian view. Open-concept and functional kitchen with maple cabinets for storage. Newly renovated floors. Exceptional amenities include a gym, hot tub, party room, guest suites, and a serene rooftop garden. Secure parking and a dedicated caretaker provide peace of mind. An ideal location, steps to restaurants, Olympic Oval, T&T, supermarks, skytrain statios and Richmond Center. Great opportunity for First-time Buyer and investors! CALL NOW for private showing, DON'T MISS THIS ONE.

General Info

Price $729,000

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1033

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1996

Age Of Building 29

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R2959544

Area Richmond

Neighbourhood Brighouse

City Richmond

Gross Taxes $2,119.38

Ownership Type Freehold Strata

Maintenance Fee $646.62

Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace 0

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Guest, Front Access

Total Parking Spaces 1

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Strata Restrictions Rentals Allwd w/Restrctns

Rental Restrictions -

Zoning CDT1

Rental Suites -

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker -

View Description Mountian View

Units In Development -

Exterior Features Garden, Playground, Balcony

Sewer Public Sewer, Sanitary Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11' x 11' ft
Main Level	Dining Room	10' x 10' ft
Main Level	Kitchen	8'2'' x 8'2'' ft
Main Level	Primary Bedroom	10'11 x 10'11 ft
Main Level	Bedroom	11'11 x 11'11 ft
Main Level	Bedroom	6'11' x 6'11' ft

Listed by: Nu Stream Realty Inc.

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

Secondary

Richmond Secondary School

1.15 km

Elementary

Samuel Brighouse Elementary School

Average

0.82 km

6.5/10

Elementary

Samuel Brighouse Elementary School

0.82 km

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

Private Schools

Elementary

Pythagoras Academy

1.57 km

Secondary

City Vancouver Academy

1.79 km

Closest Transit

Translink

Westbound Elmbridge Way @ Alderbridge Way

0.1 km

Skytrain

Skytrain @ Lansdowne Stn

0.56 km

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

Welcome to 503 7380 Elmbridge Way, a beautiful home situated in the heart of Richmond, BC. As your trusted realtor, I'm excited to take you on a tour of this stunning property and its surrounding community.

Let's start with the schools in the area. Samuel Brighouse Elementary School is just 0.82 km from this home, making it an ideal choice for families. With a rating of 6.5/10, this school is well-regarded for its academic excellence and supportive community. Plus, Richmond Secondary School is also conveniently located just 1.15 km away, offering a range of academic and extracurricular programs for students.

If you're looking for an independent school option, Pythagoras Academy is the closest elementary school, located 1.57 km from this home. Richmond Secondary School's independent counterpart, City Vancouver Academy, is just 1.79 km away. Both schools offer a unique and engaging learning environment for students.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 503 7380 Elmbridge Way has an overall crime rate of 7,826.57, which is considered Average compared to other Canadian cities. However, it's worth noting that the rate has decreased by 3.39% over the years. When it comes to specific types of crime, such as drug-related offenses, the neighborhood has a High rating of 2,081.96, while property crimes are considered Average at 3,238.66. Violent crimes, on the other hand, are Low, with a rate of 919.25.

Getting around is also convenient, with the Westbound Elmbridge Way @ Alderbridge Way bus station just 0.1 km away from this listing with MLS^® R2959544. This makes it easy to get to work, school, or explore the city.

Now, let's dive into the demographics of the area. With 33.8% of residents holding a university certificate or degree, this neighbourhood is considered High compared to other BC neighbourhoods. However, 13% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income is $36,759, which is Low compared to the British Columbia average. The median personal income is also Low at $18,514. Interestingly, 55% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in the area are Average at 8.8%, which is comparable to other province neighbourhoods. Population growth between 2011 and 2016 was High at 37.3%, making this a desirable area for families and professionals alike.

When it comes to family dynamics, the average size of families in this area is 2.6, which is Low compared to the whole region. However, 54.5% of families have children, which is Below Average. Married or living common law couples make up 55.7% of the population, also Below Average.

The average age of the population is 42.9, which is Above Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighbourhood is $711,643, which is High compared to other areas in British Columbia. The average owner payments are also Above Average, with owners spending an average of $1,392 per month on their dwellings. Tenants, on the other hand, are paying an average of $1,363 per month, which is High compared to other cities.

Interestingly, 43.9% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

Language-wise, the neighbourhood is primarily English-speaking, with 79.7% of residents speaking only English. However, 2.9% of the population speaks both English and French, which is Low compared to other BC cities.

Finally, when it comes to transportation, 27.6% of the population uses public transport, which is High. 57.9% of residents use cars, which is Low. 0.9% of the population uses bicycles, which is Average. 13.1% of residents walk, which is High.

This is a wonderful community that offers a great balance of schools, safety, and amenities. If you're looking for a home that checks all the right boxes, 503 7380 Elmbridge Way is definitely worth considering.

MLS^® R2959544 is a one-of-a-kind property that offers a unique blend of style, comfort, and convenience. Whether you're a first-time buyer, a growing family, or an empty nester, this home is sure to impress.

So why wait? Contact me today to schedule a viewing and make 503 7380 Elm