703 7040 Granville Ave, Richmond BC - Apartment/Condo for Sale - MLS# R3118380

$650,000
Est. Mortgage $2,876/mo
Panorama Place
2 Beds
2 Baths
1038 sqft
626 $ /sqft
361.43 $ Maint. fee
1991 built
$650,000
Est. $2,876/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 703 7040 Granville Avenue

Panorama Place! East facing rarely available 2 bed, 2 full bath corner unit. Extremely spacious offering over 1,000+ sq ft. of living space. Big kitchen offers lots of storage space with recently updated fridge and hood fan. Spacious bedrooms provide comfortable space. Unit comes with storage locker, 1 parking stall and an extra stall rented for $50/month. Step out to the balcony and enjoy views of Mt. Baker & the neighborhood or walk over to the Minoru Community Center right in front! Centrally located near all amenities such as Richmond Center, Library, Tennis club, bus stops, Parks, RCMP, fire hall and not to mention the new Gilbert Ave Corridor upgrade! Ferris elementary & Richmond secondary within catchment making this unit perfect for anyone! Book your showing now.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description MOUNTAINS
Structures Multi Family, Residential Attached

Building Details

Price $650,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1038
Year Built 1991
Age Of Building 35
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Management, Snow Removal, Water
Building Name Panorama Place
Ownership Type Freehold Strata
Maintenance Fee $361.43
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Management, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Side Access, Concrete
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 160

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3118380
Area Richmond
Neighbourhood Brighouse South
City Richmond
Postal Code V6Y 3W5
Gross Taxes $2,136.6
Zoning RCL1

Property Timeline

Status Date Price
R3118380 / Active 05-01-2026 $650,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'9 x 17'9 ft
Main Level Dining Room 10'5 x 10'5 ft
Main Level Kitchen 6'10 x 6'10 ft
Main Level Primary Bedroom 14'0 x 14'0 ft
Main Level Bedroom 11'7 x 11'7 ft
Main Level Laundry 7'6 x 7'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #4

Listed by: SRS Hall of Fame Realty & SRS Hall of Fame Realty

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

Secondary
Richmond Secondary School
0.32 km
Elementary
W D Ferris Elementary School
0.94 km
Elementary
W D Ferris Elementary School
Above Average
0.94 km
8.3/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Paul School
Above Average
1.49 km
10/10
Secondary
City Vancouver Academy
2.79 km

Closest Transit

Bus Stop
Eastbound Granville Ave @ Gilbert Rd
0.04 km
Skytrain
Skytrain @ Brighouse Stn
0.97 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
34.2%
No Certificate/Degree
Below Average
11.2%
Owner Occupied
Below Average
59.8%
Employment Rate
Above Average
68.6%

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 703 7040 Granville Avenue

Mortgage Calculator for 703 7040 Granville Avenue

/month
Principal & Interest
Property Taxes $178
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $3,022/month in total housing costs on this $650,000 property — $2,483 mortgage payment, $178 property tax, $361 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 $2,453/month estimated rent and $3,075/month in total housing costs, this property has a -$622/month cashflow. Break-even down payment: approximately 41%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Brighouse South, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $650,000
Richmond Loading...
Brighouse South Loading...

Based on 19 comparable active apartments/condos in Brighouse South, the average asking price is $615,500. 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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