7640 Bridge St, Richmond, BC, MLS® R2963681

$4,250,000
Est. Mortgage /mo

$4,250,000
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
3 Beds
3 Baths
2 Stories
lot 28642 sqft
2458 sqft
1966 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7640 Bridge St, Richmond, BC | MLS® R2963681 Property Details

Builder & Investor Alert! First time on the market, this rare opportunity offers over 28,000 sqft of prime RSM/XL land in the heart of Richmond. With one of the largest RSM/XL lots available in central Richmond, this property offers incredible development potential. Subdivide into 3 huge lots. Build a 6-plex with possible coach houses (check with the city), or create your dream mansion on this expansive lot. Alternatively, this is a great holding investment with huge rental potential. Just steps from Garden City shopping, transit, DeBeck Elementary, AR MacNeil Secondary, and local parks, this central, convenient location can't be beat. Call today before it's gone.

General Info

Price $4,250,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2458
Lot Size 28642
Lot Size Depth Feet
Lot Size Frontage 63.7
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1966
Age Of Building 59
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2963681
Area Richmond
Neighbourhood McLennan North
City Richmond
Gross Taxes $9,005.03
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

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

Parking

Parking Type Carport Single, Open, Front Access, Asphalt
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RSM/XL
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Macdonald Realty Westmar

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
1.03 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
1.19 km
Elementary, Secondary
Richmond Christian School
2.79 km

Closest Transit

Bus Stop
Southbound No. 4 Rd @ 7500 Block
0.21 km
Skytrain
Skytrain @ Brighouse Stn
1.87 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 7640 Bridge Street, a lovely home located in the heart of Richmond, BC. As your trusted realtor, I'm excited to share with you the many charms of this community and the benefits of calling it home.

Education

Let's start with the schools. The property is serviced by the highly-rated Howard De Beck Elementary School, just a short 0.75 km away. With a rating of 7.7/10, this school is a great choice for families. In fact, families love this area because of its excellent education system. Just down the road, you'll find R C Palmer Secondary School, with a rating of No Rating, and St. Paul School, an independent elementary school with a stellar rating of 10/10. For secondary independent education, Richmond Christian School is a great option, with a rating of 9.3/10, located 2.79 km from this home.

Safety

When it comes to safety, this neighborhood boasts an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 16,909 volation disturbances in this area. While the crime rate may seem high, it's essential to put it into perspective. Compared to other areas, this neighborhood is relatively safe. In fact, the violent crime rate is Low, with only 919.25 incidents per 100,000 population. This is a testament to the community's strong values and sense of security.

Demographics

This neighborhood is a hub of activity, with a diverse population of 39.3% holding a university certificate or degree. This is a great indicator of the community's emphasis on education. In contrast, only 11.7% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $58,829, which is Below Average compared to the British Columbia average. However, the median personal income is $22,743, which is Low in comparison. The % of households with a mortgage is 68.5%, which is Above Average.

Lifestyle

When it comes to lifestyle, this neighborhood has everything you need. The closest bus station is Southbound No. 4 Rd @ 7500 Block, just 0.21 km away. With public transportation at your doorstep, you can easily get around the city. The unemployment rate is 5.1%, which is Low compared to other neighborhoods. In fact, the population change between 2011 and 2016 was 12.6%, which is High in comparison to average growth rates in this region. The population density per square kilometer is 4,087.1, which is High. Average family size is 2.8, which is Below Average. However, 68.8% of families have children, which is Above Average. % of married or living common law is around 63.5%, which is also Above Average.

Real Estate

As for the real estate, the average value of dwellings in this neighborhood is $737,093, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,473 on average for their dwelling. Tenants are paying $1,558 in this district, which is High compared to other cities. 17.2% of the population in this district are renters, which is Below Average compared to other BC cities and areas.

Transportation

When it comes to transportation, 20% of the population uses public transport, which is Above Average. 75.5% of the population uses cars, which is Below Average. 0.2% of people use bicycles, which is Low. 3.1% of the population are walking, which is also Below Average.

In conclusion, 7640 Bridge Street, Richmond, BC (MLS® R2963681) is a wonderful community with a lot to offer. With its excellent education system, relatively safe environment, and diverse population, this neighborhood is a great choice for families and individuals alike. As your trusted realtor, I'm confident that this home will meet your needs and exceed your expectations.

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 $4,250,000
Richmond No comparables
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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