11820 KING RD, Richmond BC V7A 3B6, Richmond, BC

$1,650,000
Est. Mortgage /mo

MLS® R3000579

$1,650,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 7969 sqft
2415 sqft
1973 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Outstanding Redevelopment Potential - Situated on a level 7,969 Sq. Ft lot with RSM/L zoning, this spacious basement-entry home offers exceptional redevelopment opportunities. Recent changes to density regulations now allow for up to four dwelling units on the property, making it an ideal candidate for multi-family development. The existing home features a functional 3-bedroom layout upstairs and a 1-bedroom suite below, providing immediate rental income potential. While the interior needs TLC, the home is entirely livable, offering a great holding property as you plan your next steps in this high-demand area.

General Info

Price $1,650,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2415
Lot Size 7969
Lot Size Depth Feet
Lot Size Frontage 60
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1973
Age Of Building 52
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3000579
Area Richmond
Neighbourhood Ironwood
City Richmond
Gross Taxes $5,085.87
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RSM/L
Rental Suites Unauthorized Suite
Laundry Common Area
# of Kitchens 2
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $1,650,000
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Listed by: RE/MAX Westcoast & Johnston Meier Insurance Agencies & 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 Info

Public Schools

Elementary
Kingswood Elementary School
Average
0.25 km
Rating 6.8/10
Secondary
Matthew McNair Secondary School
1.54 km
No Rating
Elementary
Kingswood Elementary School
0.25 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Richmond Jewish Day School
0.51 km
No Rating
Elementary, Secondary
Richmond Christian School
0.69 km
Rating 9.3/10

Closest Transit

Translink
Westbound King Rd @ No. 5 Rd
0.05 km

11820 KING ROAD, Richmond BC V7A 3B6 is serviced by Kingswood Elementary School. The property with listing MLS® R3000579 is located 0.25 km from the school. Kingswood Elementary School has a rating of Rating 6.8/10.

This home with address 11820 KING ROAD, Richmond BC V7A 3B6, Richmond, BC is also serviced by Matthew McNair Secondary School and located 1.54 km from it. Matthew McNair Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 11820 KING ROAD, Richmond BC V7A 3B6 is Richmond Jewish Day School with School's rating No Rating, located 0.51 km from this home.

The closest to this address 11820 KING ROAD, Richmond BC V7A 3B6 Secondary independent school is Richmond Christian School with School's rating Rating 9.3/10, located 0.69 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 16,909 volation disturbances in this neighbourhood. The overall crime rate near the address - 11820 KING ROAD, Richmond BC V7A 3B6, Richmond, BC is 7,826.57. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -3.39%

Drug crime rate next to the listing MLS® R3000579 is High comparing to other neighbourhoods. The illegal substances offences rating is 2,081.96. There were 4,498 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 19.46%

Property crimes in the neighbourhood close to real estate listing for sale 11820 KING ROAD, Richmond BC V7A 3B6 are Average. Property misconduct rating adjacent to MLS® R3000579 is 3,238.66. There were 6,997 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -14.19%

There were 1,986 violent lawbreaking disorders in 2020. 919.25 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is 0.06%

The closest Bus station is Westbound King Rd @ No. 5 Rd in 0.05 km away from this listing with - MLS® R3000579.

25.9% of people with university certificate/degree live in this neighbourhood adjacent to the 11820 KING ROAD, Richmond BC V7A 3B6 which is Above Average in comparison with other BC neighbourhoods. 16.6% of population in this neighbourhood that is near the Listing MLS® R3000579 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 11820 KING ROAD, Richmond BC V7A 3B6, Richmond, BC is $80939 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3000579 is $30619 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 59.6% which is Average.

Unemployment rate in the area around Real Estate Listing # R3000579 is 5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 11820 KING ROAD, Richmond BC V7A 3B6 where population change between 2011 and 2016 was 5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 11820 KING ROAD, Richmond BC V7A 3B6, Richmond, BC is 1476.7 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 11820 KING ROAD, Richmond BC V7A 3B6 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3000579 is 68.8% and it is Above Average. % of Married or living common law is around 59.9% and it is Average.

Average age of the population close to the 11820 KING ROAD, Richmond BC V7A 3B6 is 41.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 11820 KING ROAD, Richmond BC V7A 3B6, Richmond, BC is $987082 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 11820 KING ROAD, Richmond BC V7A 3B6. $1440 owners spent in average for the dwelling. Tenants are paying $1489 in this district close to MLS® R3000579 and it is High comparing to other cities.

27% of Population in this district near the 11820 KING ROAD, Richmond BC V7A 3B6 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 11820 KING ROAD, Richmond BC V7A 3B6, Richmond, BC is 5.3%, it is Below Average, % of English speakers only is 87.9% and Below Average. % of French speakers adjacent to 11820 KING ROAD, Richmond BC V7A 3B6 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 11820 KING ROAD, Richmond BC V7A 3B6, Richmond, BC is 6.7% and it is High comparing to other BC cities.

15.7% of all population in the area around this property with the address 11820 KING ROAD, Richmond BC V7A 3B6, Richmond, BC using Public Transport which is Above Average, 78.9% of using population are using Cars around MLS® R3000579, which is Below Average. 0.7% of people using Bicycles around the 11820 KING ROAD, Richmond BC V7A 3B6 and it is Below Average. 2.5% of population are walking which is Below Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,650,000
Richmond $1,868,633
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

No comparables

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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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