306 7240 Lindsay Rd, Richmond BC - Apartment/Condo for Sale - MLS# R3116734

$249,900
Est. Mortgage $1,106/mo
3 Beds
1 Baths
1054 sqft
237 $ /sqft
1974 built
7.4% price reduction, 27.25% cheaper than comparables
$249,900
$269,900
Est. $1,106/mo with 20% down
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

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Property Details for 306 7240 Lindsay Road

7.4% price reduction 27.25% cheaper than comparables

This bright and spacious 3 bedroom home offers incredible value, featuring a functional layout and large in suite storage/den. Ideal for first time buyers or investors. The home includes an updated kitchen, bathroom and flooring, and the building has completed major upgrades including new envelope, windows, re-piping, balconies, and parkade upgrades. The maintenance fee covers property taxes, heat, hot water, caretaker, management, insurance, sewer and water. Located in the desirable Granville area of Richmond, just steps from McKay Elementary, Burnett Secondary, Thompson Community Centre, Nearby Bus Stops & Parks, all just steps away. Don't miss this opportunity.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Heating Type Baseboard, Hot Water
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description North Mountains views
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $249,900
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1054
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, Sewer, Taxes, Water
Ownership Type Leasehold prepaid-NonStrata
Maintenance Fee $1,051.91
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Taxes, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Open
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Units In Development 216

Lot & Land

Lot Size Depth Feet
MLS® # R3116734
Area Richmond
Neighbourhood Granville
City Richmond
Postal Code V7C 3M6
Gross Taxes 0
Zoning /

Property Timeline

Status Date Price
R3116734 / Active 04-27-2026 $249,900
Rooms
Floor Type Dimensions
Main Level Living Room 17'1 x 17'1 ft
Main Level Dining Room 9'3 x 9'3 ft
Main Level Kitchen 8'7 x 8'7 ft
Main Level Primary Bedroom 14'10 x 14'10 ft
Main Level Bedroom 11'4 x 11'4 ft
Main Level Bedroom 11'4 x 11'4 ft
Main Level Den 7'6 x 7'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

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.

Map & Neighbourhood

Public Schools

Elementary
Donald E McKay Elementary School
0.22 km
Secondary
J N Burnett Secondary School
0.34 km
Elementary
Donald E McKay Elementary School
0.22 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
2.04 km
Secondary
City Vancouver Academy
4 km

Closest Transit

Bus Stop
Northbound Railway Ave @ Linfield Gate
0.11 km
Skytrain
Skytrain @ Brighouse Stn
2.45 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 306 7240 Lindsay Road

Mortgage Calculator for 306 7240 Lindsay Road

/month
Principal & Interest
Property Taxes $0
Maintenance fee 1051.91
Financing 80% of the $249,900 asking price over 30 years at 4% results in approximately $2,006/month in total estimated carrying costs, $1,052 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%
This listing generates an estimated $1,452/month in rental income, leaving a -$616/month cashflow at current carrying costs. Investors targeting break-even would need roughly 72% down.
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 $249,900
Richmond Loading...
Granville Loading...

Based on 3 comparable active apartments/condos in Granville, the average asking price is $270,933. This listing is priced 7.8% below the neighbourhood average. This property is flagged as a Hot Deal (7.4% price reduction, 27.25% cheaper than comparables) based on its competitive pricing and market demand.

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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