18840 RIVER RD, Richmond BC V6V 1M1, Richmond, BC

$2,700,000
Est. Mortgage /mo

MLS® R2879173

Closed

$2,500,000
Closed at 15 Jan 2025
Listing price: $2,700,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
0 Stories
lot 189050 sqft
0 sqft
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Property details

Uncover endless possibilities on this 4.34-acre gem, elevated 8-10 feet above neighboring lots. Located across from the Fraser River, this property is a treasure trove of potential. With plans in place for a home, storefront, barn, and farm, it's a dream come true for families seeking rural bliss and agricultural rewards. Investors, too, will find immense business potential in this prime location. Assessed at = $3,047,000.00 - Do not miss this incredible opportunity!

General Info

Price $2,700,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 4.34
Lot Size Depth Feet
Lot Size Frontage -
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS # R2879173
Area Richmond
Neighbourhood East Richmond
City Richmond
Gross Taxes $7,292.62
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Not Available, Natural Gas Not Available, Phone Not Available, Cable Not Available
Water (WaterSource) None

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning AG1
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price
Active - $2,650,000
Sold 01-15-2025 $2,700,000

Listed by: Royal LePage Sussex

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
7.92 km
Rating 6.8/10
Secondary
Cambie Secondary School
5 km
No Rating
Elementary
Kingswood Elementary School
7.92 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
Fawkes Academy
3.7 km
No Rating
Secondary
Glen Eden School
4.78 km
No Rating

Closest Transit

Translink
Eastbound North Fraser Way @ Fraserton Court
0.79 km

18840 RIVER ROAD, Richmond BC V6V 1M1 is serviced by Kingswood Elementary School. The property with listing MLS® R2879173 is located 7.92 km from the school. Kingswood Elementary School has a rating of Rating 6.8/10.

This home with address 18840 RIVER ROAD, Richmond BC V6V 1M1, Richmond, BC is also serviced by Cambie Secondary School and located 5 km from it. Cambie Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 18840 RIVER ROAD, Richmond BC V6V 1M1 is Fawkes Academy with School's rating No Rating, located 3.7 km from this home.

The closest to this address 18840 RIVER ROAD, Richmond BC V6V 1M1 Secondary independent school is Glen Eden School with School's rating No Rating, located 4.78 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 - 18840 RIVER ROAD, Richmond BC V6V 1M1, 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® R2879173 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 18840 RIVER ROAD, Richmond BC V6V 1M1 are Average. Property misconduct rating adjacent to MLS® R2879173 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 Eastbound North Fraser Way @ Fraserton Court in 0.79 km away from this listing with - MLS® R2879173.

24.9% of people with university certificate/degree live in this neighbourhood adjacent to the 18840 RIVER ROAD, Richmond BC V6V 1M1 which is Above Average in comparison with other BC neighbourhoods. 15.5% of population in this neighbourhood that is near the Listing MLS® R2879173 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 18840 RIVER ROAD, Richmond BC V6V 1M1, Richmond, BC is $73045 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2879173 is $31706 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 51.2% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2879173 is 4.1 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 18840 RIVER ROAD, Richmond BC V6V 1M1 East Richmond where population change between 2011 and 2016 was 1.3%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 18840 RIVER ROAD, Richmond BC V6V 1M1, Richmond, BC is 104.5 which is Below Average people per sq.km.

Average size of families in the area adjacent to home for sale 18840 RIVER ROAD, Richmond BC V6V 1M1 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2879173 is 67.2% and it is Above Average. % of Married or living common law is around 56.6% and it is Average.

Average age of the population close to the 18840 RIVER ROAD, Richmond BC V6V 1M1 is 41.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 18840 RIVER ROAD, Richmond BC V6V 1M1, Richmond, BC is $1072415 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 18840 RIVER ROAD, Richmond BC V6V 1M1. $1476 owners spent in average for the dwelling. Tenants are paying $1249 in this district close to MLS® R2879173 and it is Above Average comparing to other cities.

56.2% of Population in this district near the 18840 RIVER ROAD, Richmond BC V6V 1M1 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 18840 RIVER ROAD, Richmond BC V6V 1M1, Richmond, BC is 5.8%, it is Below Average, % of English speakers only is 88.5% and Below Average. % of Neither English nor French speakers close to home for sale 18840 RIVER ROAD, Richmond BC V6V 1M1, Richmond, BC is 5.6% and it is High comparing to other BC cities.

17.3% of all population in the area around this property with the address 18840 RIVER ROAD, Richmond BC V6V 1M1, Richmond, BC using Public Transport which is Above Average, 74.5% of using population are using Cars around MLS® R2879173, which is Below Average. 0.5% of people using Bicycles around the 18840 RIVER ROAD, Richmond BC V6V 1M1 and it is Low. 5.6% of population are walking which is Above 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 $2,700,000
Richmond $1,599,333
East Richmond $1,950,000
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
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