116 7240 Lindsay Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3126696

$198,000
Est. Mortgage $876/mo
1 Beds
1 Baths
657 sqft
301 $ /sqft
1974 built
$198,000
Est. $876/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 116 7240 Lindsay Road

Bright south-facing ground-floor 1-bedroom home in sought-after Sussex Square. Enjoy a sunny and private patio/deck, perfect for outdoor living. Functional layout with spacious bedroom, cozy living area, updated flooring and bathroom, plus additional in-suite storage. Well-managed complex with major upgrades including windows, balconies, patio fencing, exterior, parking lot, and plumbing. Maintenance fee includes property tax, heat, and hot water. Leasehold title, no pets, rental allowed. Convenient location close to transit, elementary and high schools, Thompson Community Centre, shopping and all amenities. Maintenance fee includes heating, hot water, management fees and property taxes. The lease until 2087. OH: Sunday (May 31) 3-5pm

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Refrigerator, Stove, Range Top
Fireplace 0
Heating Type Baseboard, Hot Water
Laundry Common Area
# of Kitchens 1
Flooring Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Structures Multi Family, Residential Attached

Building Details

Price $198,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 657
Year Built 1974
Age Of Building 52
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Other, Taxes, Water
Ownership Type Leasehold prepaid-NonStrata
Maintenance Fee $621.91
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Other, Taxes, Water
Utility Type Community, Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Open, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Rental Suites None
Units In Development 0

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3126696
Area Richmond
Neighbourhood Granville
City Richmond
Postal Code V7C 3M6
Gross Taxes 0
Zoning MFD

Property Timeline

Status Date Price
R3126696 / Active 05-19-2026 $198,000
R2944235 / Sold 02-14-2025 $298,000
R2926324 / Sold 11-08-2024 $250,000
R2809161 / Sold 10-30-2023 $286,000
R2787253 / Sold 07-06-2023 $289,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'1 x 13'1 ft
Main Level Dining Room 10'0 x 10'0 ft
Main Level Kitchen 7'8 x 7'8 ft
Main Level Bedroom 11'8 x 11'8 ft
Main Level Storage 5'5 x 5'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Nu Stream Realty Inc. & 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.

Map & Neighbourhood

Public Schools

Elementary
Donald E McKay Elementary School
0.18 km
Secondary
J N Burnett Secondary School
0.31 km
Elementary
Donald E McKay Elementary School
0.18 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
2.12 km
Secondary
City Vancouver Academy
3.9 km

Closest Transit

Bus Stop
Eastbound Granville Ave @ Railway Ave
0.19 km
Skytrain
Skytrain @ Brighouse Stn
2.35 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 116 7240 Lindsay Road

Mortgage Calculator for 116 7240 Lindsay Road

/month
Principal & Interest
Property Taxes $0
Maintenance fee 621.91
With a 20% down payment, buyers can expect an estimated $1,378/month in total housing costs on this $198,000 property — $756 mortgage payment, $622 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $1,373/month estimated rent and $1,427/month in total housing costs, this property has a -$54/month cashflow. Break-even down payment: approximately 26%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Granville, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $198,000
Richmond Loading...
Granville Loading...

Based on 8 comparable active apartments/condos in Granville, the average asking price is $187,467. This listing is priced 5.6% above the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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