Great investment opportunity in Richmond's desirable Saunders neighbourhood! RSM/L zoning, this property offers the potential to build 4-6 dwelling units. Nestled on a quiet inner street, this corner-lot home (6,733 sqft lot) features 5 bedrooms, 3 bathrooms, and a den, perfect for living in while generating steady rental income, or for building your dream home. The bright upper floor offers a spacious living area, kitchen, dining room and 3 large bedrooms, with access to a private deck. The lower level includes a generous size living room, 2 bedrooms, a den and a full bathroom, ideal as a rental suite. Conveniently located within walking distance of public transit and just a 5-min drive to Richmond Centre and the Skytrain. Ideal as a holding property or for future development.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 16'8 x 16'8 ft |
| Main Level | Dining Room | 10'7 x 10'7 ft |
| Main Level | Kitchen | 11'4 x 11'4 ft |
| Main Level | Eating Area | 8'8 x 8'8 ft |
| Main Level | Primary Bedroom | 11'8 x 11'8 ft |
| Main Level | Bedroom | 9'8 x 9'8 ft |
| Main Level | Bedroom | 9'7 x 9'7 ft |
| Below | Living Room | 16'4 x 16'4 ft |
| Below | Bedroom | 11'6 x 11'6 ft |
| Below | Bedroom | 8'8 x 8'8 ft |
| Below | Den | 7'7 x 7'7 ft |
| Below | Laundry | 7'3 x 7'3 ft |
| Below | Foyer | 9'4 x 9'4 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #4 |
| Below | No | #3 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 8391 Rideau Drive, Richmond, BC MLS® R3056515 - Your Dream Home Awaits!
As we step into the charming community of 8391 Rideau Drive, you'll discover a haven that offers the perfect blend of comfort, convenience, and lifestyle. Let's take a stroll around this vibrant neighborhood and explore the unique features that make it a sought-after destination.
Top-Rated Schools
First, let's talk about the excellent schools that serve this neighborhood. The property at 8391 Rideau Drive is serviced by Walter Lee Elementary School, rated 6.5/10, located a mere 1.06 km away. Hugh McRoberts Secondary School, with a rating of No Rating, is also within a short 1.03 km from this home. For families seeking a more independent learning experience, St. Paul School (Rating 10/10) is just 0.68 km away, while Richmond Christian School (Rating 9.3/10) is a 3.3 km drive. These top-rated schools ensure that your children receive the best education possible.
Safe and Secure
When it comes to crime rates, 8391 Rideau Drive, Richmond, BC stands out as a safe and secure community. According to Statistics Canada's 2020 report, this neighborhood boasts an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is a notable -3.39%. Additionally, the drug crime rate is High near this listing, with an illegal substances offenses rating of 2,081.96. However, the property crimes in this neighborhood are Average, with a property misconduct rating of 3,238.66. The violent crime rate is Low, with 919.25 incidents per 100,000 population.
Convenient Transit Options
Getting around is a breeze in this neighborhood, with the closest bus station, Southbound No. 3 Rd @ Francis Rd, just 0.19 km away from this listing with MLS® R3056515. Whether you're commuting to work or running errands, you'll appreciate the easy access to public transportation.
Demographics and Lifestyle
The neighborhood surrounding 8391 Rideau Drive, Richmond, BC, is a diverse and vibrant community. 35.1% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 11.6% 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 $69,056, which is Average in comparison to the British Columbia average. The median personal income is $23,312, which is Low in comparison to the BC average.
Real Estate and Lifestyle Amenities
The average value of dwellings in this neighborhood is $1,289,302, which is High compared to other areas in British Columbia. The average owner payments are $1,895, while tenants pay $1,559. The average size of families in this area is 2.9, which is Average in comparison to the whole region. The percent of families with children is 69.7%, which is High. The neighborhood is also known for its high median household income and low unemployment rate of 4.4%.
Community and Culture
This community is a melting pot of cultures, with a population density per square kilometer of 4,077.4, which is High. The average age of the population is 42.2, which is Average in comparison to other BC cities. The neighborhood is home to a diverse range of languages, with 5.3% of residents speaking neither English nor French, and 81.2% speaking only English. The local economy is driven by a mix of industries, with a strong presence of services and retail.
Your Dream Home Awaits!
In conclusion, 8391 Rideau Drive, Richmond, BC MLS® R3056515, offers a unique blend of comfort, convenience, and lifestyle. With top-rated schools, safe and secure community, convenient transit options, and a diverse and vibrant population, this neighborhood is the perfect place to call home. Don't miss out on this opportunity to own a piece of paradise. Contact me today to schedule a viewing and make your dream a reality!
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