7611 Armstrong St, Richmond, BC, MLS® R3046004

$1,588,888
Est. Mortgage /mo

$1,588,888
Est. Mortgage /mo
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
0 Stories
lot 5245 sqft
0 sqft
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7611 Armstrong St, Richmond, BC | MLS® R3046004 Property Details

New 5,246 square foot Building Lot ready to build. This fully serviced Lot is in a new subdivision with new roads, sidewalks, and underground wiring. This very quiet area in Central Richmond is surrounded by new homes and are within close walking distance to all amenities such as Garden City Shopping Centre, Richmond Centre, Paulik Neighbourhood Park, Garden City Park as well as all levels of Schools and transit. Lot is approximately 41.96 feet wide by 125 feet deep. The lot must be seen and area explored to appreciate the incredible opportunity to build over 4,000 square feet buildable for multiplex. You can also build a Single Family home with a secondary suite. Bring your builder or we can build for you. Preload is currently on property and will be removed by the seller.

General Info

Price $1,588,888
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 5245
Lot Size Depth Feet
Lot Size Frontage 41.96
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3046004
Area Richmond
Neighbourhood McLennan North
City Richmond
Gross Taxes $4,996.91
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RSM/S
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: RA Realty Alliance 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

Elementary
Howard De Beck Elementary School
Above Average
0.75 km
7.7/10
Secondary
R C Palmer Secondary School
0.87 km
Elementary
Howard De Beck Elementary School
0.75 km

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

Private Schools

Elementary
St.Paul School
1.03 km
Elementary, Secondary
Richmond Christian School
2.91 km

Closest Transit

Translink
Southbound No. 4 Rd @ 7500 Block
0.35 km
Skytrain
Skytrain @ Brighouse Stn
1.73 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 the beautiful community of Richmond, where you'll find the charming property at 7611 Armstrong Street, MLS® R3046004. As a trusted realtor, I'm excited to share with you the unique features and benefits of this stunning home.

Education: A Foundation for Success

First and foremost, let's talk about the schools. The property is serviced by Howard De Beck Elementary School, a highly-rated institution with a 7.7/10 rating. This school is just a 0.75 km walk from your doorstep, making it an ideal choice for families. Additionally, R C Palmer Secondary School is nearby, with a 0.87 km distance and a No Rating, providing students with a smooth transition from elementary to high school.

Families love this area because of the excellent educational opportunities it offers. You'll also find St. Paul School, an independent elementary school with a 10/10 rating, just 1.03 km away. For secondary education, Richmond Christian School, an independent secondary school with a 9.3/10 rating, is located 2.91 km from your home.

Crime Rates: A Safe and Peaceful Environment

Now, let's discuss the crime rates in the area. According to the latest statistics from Statistics Canada (2020), the overall crime rate near 7611 Armstrong Street, Richmond, BC is 7,826.57, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is a -3.39% decrease, indicating a trend towards safer streets.

While there were 16,909 disturbances in the neighbourhood, the rate is still considered Average. However, it's essential to note that the drug crime rate is High, with a rating of 2,081.96 and 4,498 illegal substances lawbreaking disturbances in 2020. The year-over-year change in the illegal substances offences ranking is a 19.46% increase.

Demographics: A Thriving Community

Now, let's explore the demographics of the area. The population in the neighbourhood adjacent to 7611 Armstrong Street is diverse, with 39.3% of residents holding a university certificate or degree, which is High compared to other BC neighbourhoods. On the other hand, 11.7% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income near this dwelling is $58,829, which is Below Average compared to the British Columbia average. However, the median personal income is $22,743, which is Low compared to the BC average. Interestingly, 68.5% of households in the area have a mortgage, which is Above Average.

Transit and Lifestyle Amenities

Convenience is key, and you'll find that 7611 Armstrong Street is well-connected to public transportation. The closest bus station is Southbound No. 4 Rd @ 7500 Block, just 0.35 km away from your doorstep.

As for lifestyle amenities, you'll be delighted to know that there are plenty of parks, beaches, trails, and recreational facilities nearby. Richmond is also known for its excellent shopping malls, grocery stores, restaurants, and hospitals, making it an ideal place to call home.

Real Estate Context

Now, let's dive into the real estate context. The average dwelling value in the neighbourhood is $737,093, which is High compared to other areas in British Columbia. As for owner payments, the average is Above Average, with $1,473 per month. Tenants, on the other hand, pay $1,558 per month, which is also High compared to other cities.

Lastly, 17.2% of the population in the area are renters, which is Below Average compared to other BC cities and areas.

Language and Transportation

You'll also find that 3.3% of the population in the area speak both English and French, which is Low compared to other BC cities. However, 81.8% of residents speak only English, which is Below Average.

As for transportation, 20% of the population use public transport, which is Above Average. In contrast, 75.5% of residents use cars, which is Below Average. You'll also find that 0.2% of residents use bicycles, which is Low. Finally, 3.1% of the population walk, which is also Below Average.

Welcome to 7611 Armstrong Street, Richmond, BC MLS® R3046004

In conclusion, 7611 Armstrong Street, Richmond, BC MLS® R3046004 is a wonderful property that offers a unique blend of education, safety, and lifestyle amenities. With its excellent schools, Average crime rates, and diverse demographics, this home is an ideal choice for families and individuals looking for a thriving community. Don't miss out on this opportunity

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 $1,588,888
Richmond $1,866,333
McLennan 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
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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