116 7240 Lindsay Rd, Richmond, BC
$209,900
Est. Mortgage /mo
MLS® R3065920 · Sussex Square
1
Beds
1
Baths
657
sqft
319
$
/sqft
1974
built
Property Details & Specs
Discover this spacious & cozy ground-floor 1 bed home in the sought-after Sussex Square complex. Upgrades to the complex in recent years include new windows, balconies, patio fencing, building exterior, repaved parking lot and plumbing for the buildings. This south-facing unit features a large quiet patio perfect for outdoor relaxation. Inside, you'll find a functional layout with a generously sized bedroom & an additional storage room for added convenience. The property is leasehold title, with a maintenance fee covering property tax, heat & hot water. While the complex has a no-pet policy, it offers excellent rental returns, with 2 levels of schools nearby. Enjoy easy access to the Railway Trail, community center, and a short drive to the airport, Vancouver, and shopping destinations.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 13'1 x 13'1 ft |
| Main Level | Dining Room | 10' x 10' ft |
| Main Level | Kitchen | 7'8 x 7'8 ft |
| Main Level | Bedroom | 11'8 x 11'8 ft |
| Main Level | Storage | 4' x 4' ft |
| Main Level | Patio | 15' x 15' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: RE/MAX Westcoast
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 & Transit Info
Public Schools
- Elementary
- Donald E McKay Elementary School
- 0.08 km
- Secondary
- J N Burnett Secondary School
- 0.42 km
- Elementary
- Donald E McKay Elementary School
- 0.08 km
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
- 2.03 km
- Secondary
- City Vancouver Academy
- 3.93 km
Closest Transit
- Bus Stop
- Northbound Railway Ave @ Linfield Gate
- 0.25 km
- Skytrain
- Skytrain @ Brighouse Stn
- 2.34 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Low
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Average
- 29.1%
- No Certificate/Degree
- Average
- 14.7%
- Owner Occupied
- Below Average
- 56.8%
- Employment Rate
- Above Average
- 74.3%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$0
Maintenance fee
0
With a 20% down payment, buyers can expect an estimated $1,424/month in total housing costs on this $209,900 property — $802 mortgage payment, $622 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
Based on $1,220/month estimated rent and $1,476/month in total housing costs, this property has a -$256/month cashflow. Break-even down payment: approximately 46%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$209,900
Richmond
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Granville
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Among 6 similar active listings in Granville, the average price is $198,000. At $209,900, this listing is priced 6% above the local average and 41.7% below the city-wide benchmark.
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
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
Property FAQs
What are the closest top-rated schools to 116 7240 Lindsay Road, Richmond, BC?
The closest top-rated schools are Donald E McKay Elementary School and J N Burnett Secondary School.
Is 116 7240 Lindsay Road, Richmond, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 116 7240 Lindsay Road, Richmond, BC?
With a standard down payment, the estimated monthly mortgage is approximately $1,259.
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