Home Richmond, BC West Cambie 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2

518 Days on the market

507 8988 PATTERSON RD, Richmond BC V6X 0R2, Richmond, BC

$623,000

Est. Mortgage /mo

MLS® R2842445

Closed

$612,500

$599,000

Closed at 03 Apr 2024
Listing price: ~~$623,000~~

Dan Marusin

Renanza Realty

778-918-5990

Go See This Home Now

1 Beds

1 Baths

1 Stories

lot 0 sqft

551 sqft

2017 built

Property details

Welcome to Concord Gardens by Concord Pacific! This 1 Bed + Den unit with central AC offers top-notch features like stainless steel appliances, quartz counters, high-quality laminate, and elegant tile work. Ideal for investors, first-time buyers, or downsizers, this open-concept gem comes with an array of amenities: indoor pool, gym, bowling alley, movie theatre, hot tub, concierge, lounge, basketball court, garden, playground, and more. BEST location, walking distance to Costco, T&T Supermarket, Skytrain, Aberdeen Center, banks, restaurants, and a casino. School catchments: Talmey Elementary & MacNeill Secondary. Live in luxury! Friday1/26 2-4pm by appointment. /OPEN HOUSE 2/11 2-4pm

General Info

Price $623,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 551

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2017

Age Of Building 7

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop

Building Amenities Bike Room, Clubhouse, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R2842445

Area Richmond

Neighbourhood West Cambie

City Richmond

Gross Taxes $1,650.23

Ownership Type Freehold NonStrata

Maintenance Fee $404.53

Community Features Shopping Nearby

Amenities Nearby Bike Room, Clubhouse, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace -

Heating Type Heat Pump

Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Side Access, Concrete

Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allwd w/Restrctns,Smoking Restrictions

Pet Restrictions Cats OK, Dogs OK, Yes

Rental Restrictions -

Zoning RES

Rental Suites None

# of Kitchens 1

Flooring Laminate, Carpet

Foundation Concrete Perimeter

View -

View Description -

Units In Development 246

Exterior Features Garden, Playground, Balcony

Sewer Public Sewer, Storm Sewer

Roof Other

Property History

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Status	Date	Price
Sold	04-03-2024	$623,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	4'4 x 4'4 ft
Main Level	Den	6'9 x 6'9 ft
Main Level	Kitchen	11'6 x 11'6 ft
Main Level	Living Room	11'8 x 11'8 ft
Main Level	Primary Bedroom	9'1 x 9'1 ft
Main Level	Walk-In Closet	4'3 x 4'3 ft

Listed by: Sutton Group - Vancouver First 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.

Neighborhood Info

Public Schools

Secondary

A.R. MacNeill Secondary School

2.97 km

No Rating

Elementary

R. C. Talmey Elementary School

Average

0.61 km

Rating 5.2/10

Elementary

R. C. Talmey Elementary School

0.61 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

Pythagoras Academy

0.94 km

No Rating

Secondary

City Vancouver Academy

0.76 km

No Rating

Closest Transit

Translink

Eastbound Bridgeport Rd @ Sexsmith Rd

0.22 km

507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 is serviced by R. C. Talmey Elementary School. The property with listing MLS® R2842445 is located 0.61 km from the school. R. C. Talmey Elementary School has a rating of Rating 5.2/10.

This home with address 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2, Richmond, BC is also serviced by A.R. MacNeill Secondary School and located 2.97 km from it. A.R. MacNeill Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 is Pythagoras Academy with School's rating No Rating, located 0.94 km from this home.

The closest to this address 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 Secondary independent school is City Vancouver Academy with School's rating No Rating, located 0.76 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 - 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2, 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® R2842445 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 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 are Average. Property misconduct rating adjacent to MLS® R2842445 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 Bridgeport Rd @ Sexsmith Rd in 0.22 km away from this listing with - MLS® R2842445.

33.8% of people with university certificate/degree live in this neighbourhood adjacent to the 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 which is High in comparison with other BC neighbourhoods. 12.9% of population in this neighbourhood that is near the Listing MLS® R2842445 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 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2, Richmond, BC is $42061 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2842445 is $20189 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 54.8% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2842445 is 5.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 West Cambie where population change between 2011 and 2016 was 7.2%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2, Richmond, BC is 1200.9 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2842445 is 52.2% and it is Below Average. % of Married or living common law is around 50.2% and it is Below Average.

Average age of the population close to the 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 is 46.7 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2, Richmond, BC is $524288 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2. $1177 owners spent in average for the dwelling. Tenants are paying $1418 in this district close to MLS® R2842445 and it is High comparing to other cities.

35.9% of Population in this district near the 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2, Richmond, BC is 4.2%, it is Below Average, % of English speakers only is 83% and Below Average. % of Neither English nor French speakers close to home for sale 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2, Richmond, BC is 12.8% and it is High comparing to other BC cities.

22% of all population in the area around this property with the address 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2, Richmond, BC using Public Transport which is Above Average, 63.8% of using population are using Cars around MLS® R2842445, which is Low. 1% of people using Bicycles around the 507 8988 PATTERSON ROAD, Richmond BC V6X 0R2 and it is Average. 12.5% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

Down Payment Percent

Home Price

Down Payment

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $202

Maintenance fee 404.53

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

Down Payment Percent

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Down Payment

/month

Mortgage Payment $3201

Monthly Payment $3802

Break Even Down Payment 0%

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

Renanza Realty

778-918-5990

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