7.0% price reduction
309 7117 Elmbridge Way, Richmond, BC
$1,390,000
Est. Mortgage /mo
MLS® R3092000
1
Beds
1
Baths
631
sqft
2203
$
/sqft
443
$
Maint. fee
2012
built
Property Details & Specs
Affordable rental unit - to be sold as a 6-unit package including Units 205, 206, 207, 208, 209, and 309. Package sale only (must be sold to one purchaser). Exceptional opportunity to acquire six strata-titled units in Camber, a quality CONCRETE mid-rise building in central Richmond. Located steps from the Canada Line, Richmond Olympic Oval, shopping, restaurants, and dyke trails, this prime location supports strong long-term rental demand. Ideal for investors seeking stable rental income in a well-maintained concrete building within a high-demand neighbourhood. Rare opportunity to secure a multi-unit residential package under one acquisition.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Living Room | 9'6 x 9'6 ft |
| Main Level | Kitchen | 8'8 x 8'8 ft |
| Main Level | Dining Room | 9' x 9' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Multiple Realty Ltd.
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
- Secondary
- Richmond Secondary School
- 1.22 km
- Elementary
- Samuel Brighouse Elementary School
- Average
- 0.81 km
- Elementary
- Samuel Brighouse Elementary School
- 0.81 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Pythagoras Academy
- 1.6 km
- Secondary
- City Vancouver Academy
- 1.81 km
Closest Transit
- Bus Stop
- Westbound Elmbridge Way @ Alderbridge Way
- 0.02 km
- Skytrain
- Skytrain @ Lansdowne Stn
- 0.61 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Low
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Above Average
- 33.8%
- No Certificate/Degree
- Average
- 13%
- Owner Occupied
- Below Average
- 55%
- Employment Rate
- Average
- 54.5%
Noise/ Power Lines
- Road/Hwy Noise
- Possible
- Railway/Sky train Noise
- Unlikely
- Airport/Port Noise
- Possible
- 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
$33
Maintenance fee
0
Financing 80% of the $1,390,000 asking price over 30 years at 4% results in approximately $5,785/month in total estimated carrying costs, $33 property tax, $443 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%
This listing generates an estimated $4,253/month in rental income, leaving a -$1,592/month cashflow at current carrying costs. Investors targeting break-even would need roughly 44% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,390,000
Richmond
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Brighouse
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83 comparable Apartment/Condos are currently active in Brighouse, with a median asking price of $563,246. This property is listed 146.8% above the local average and 150% above the Richmond 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 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 309 7117 Elmbridge Way, Richmond, BC?
The closest top-rated schools are Richmond Secondary School and Samuel Brighouse Elementary School.
Is 309 7117 Elmbridge Way, Richmond, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 309 7117 Elmbridge Way, Richmond, BC?
With a standard down payment, the estimated monthly mortgage is approximately $8,340.
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