5555 Wallace Rd, Richmond, BC, MLS® R2854238

$1,938,000
Est. Mortgage /mo

11.1% price reduce

$1,938,000
$2,180,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Trusted, Experienced, & Award-Winning REALTOR®
Go See This Home Now
4 Beds
2 Baths
2 Stories
lot 8412 sqft
1928 sqft
1971 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

11.1% price reduce

Investor alert! A large lot 8412 sqft in Steveston North Richmond. Potential to build a beautiful new custom dream home. South facing, Steps away from parks, Steveston-London Secondary and McKinney Elementary and recreation.

General Info

Price $1,938,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1928
Lot Size 8412
Lot Size Depth Feet
Lot Size Frontage 60
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1971
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2854238
Area Richmond
Neighbourhood Steveston North
City Richmond
Gross Taxes $5,700.71
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Garage Single, Front Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RS1/E
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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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
Steveston-London Secondary School
0.98 km
No Rating
Elementary
James McKinney Elementary School
Above Average
0.14 km
Rating 7.5/10
Elementary
James McKinney Elementary School
0.14 km
No Rating

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
0.93 km
No Rating
Elementary, Secondary
Richmond Christian School
5.2 km
No Rating

Closest Transit

Translink
Southbound No. 2 Rd @ Wallace Rd
0.29 km

5555 Wallace Road is serviced by James McKinney Elementary School. The property with listing MLS® R2854238 is located 0.14 km from the school. James McKinney Elementary School has a rating of Rating 7.5/10.

This home with address 5555 Wallace Road, Richmond, BC is also serviced by Steveston-London Secondary School and located 0.98 km from it. Steveston-London Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5555 Wallace Road is St.Joseph the Worker School with School's rating No Rating, located 0.93 km from this home.

The closest to this address 5555 Wallace Road Secondary independent school is Richmond Christian School with School's rating No Rating, located 5.2 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 16,909 volation disturbances in this neighbourhood. The overall crime rate near the address - 5555 Wallace Road, Richmond, BC is 7,826.57. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -3.39%

Drug crime rate next to the listing MLS® R2854238 is High comparing to other neighbourhoods. The illegal substances offences rating is 2,081.96. There were 4,498 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 19.46%

Property crimes in the neighbourhood close to real estate listing for sale 5555 Wallace Road are Average. Property misconduct rating adjacent to MLS® R2854238 is 3,238.66. There were 6,997 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -14.19%

There were 1,986 violent lawbreaking disorders in 2020. 919.25 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is 0.06%

The closest Bus station is Southbound No. 2 Rd @ Wallace Rd in 0.29 km away from this listing with - MLS® R2854238.

35.7% of people with university certificate/degree live in this neighbourhood adjacent to the 5555 Wallace Road which is High in comparison with other BC neighbourhoods. 11.2% of population in this neighbourhood that is near the Listing MLS® R2854238 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 5555 Wallace Road, Richmond, BC is $88883 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2854238 is $29936 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.7% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2854238 is 3.9 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 5555 Wallace Road Steveston North where population change between 2011 and 2016 was -7.9%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5555 Wallace Road, Richmond, BC is 3829.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 5555 Wallace Road is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2854238 is 68.3% and it is Above Average. % of Married or living common law is around 65.2% and it is Above Average.

Average age of the population close to the 5555 Wallace Road is 43 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5555 Wallace Road, Richmond, BC is $1252544 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 5555 Wallace Road. $1505 owners spent in average for the dwelling. Tenants are paying $1477 in this district close to MLS® R2854238 and it is High comparing to other cities.

15.2% of Population in this district near the 5555 Wallace Road are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5555 Wallace Road, Richmond, BC is 5.5%, it is Below Average, % of English speakers only is 85.7% and Below Average. % of Neither English nor French speakers close to home for sale 5555 Wallace Road, Richmond, BC is 8.8% and it is High comparing to other BC cities.

15.8% of all population in the area around this property with the address 5555 Wallace Road, Richmond, BC using Public Transport which is Above Average, 81.3% of using population are using Cars around MLS® R2854238, which is Below Average. 1.1% of people using Bicycles around the 5555 Wallace Road and it is Average. 1.4% of population are walking which is Low

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,938,000
Richmond $1,642,000
Steveston North No comparables
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
Trusted, Experienced, & Award-Winning REALTOR®
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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