5531 LANCING RD, Richmond BC V7C 3A4, Richmond, BC

$1,999,988
Est. Mortgage /mo

MLS® R2952089

Closed

$1,850,000
Closed at 27 Feb 2025
Listing price: $1,999,988
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
2 Baths
3 Stories
lot 7925 sqft
1945 sqft
1959 built
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Property details

Discover the warmth & charm of this classic split-level home in the heart of family-friendly Granville subdivision. Proud ownership of 57 years, this 3 bed 2 bath home offers 1945 sf of comfortable living space on a spacious 7925 sf corner lot w/ N-S-W exposure. Upstairs, you'll find a cozy living room/ formal dining & a well-appointed kitchen, perfect for gathering with loved ones. Spacious family room downstairs provides ample space for relaxation & entertainment. Enjoy the convenience of nearby amenities including McKay Elementary/Burnett Secondary, Thompson Community Centre, Blundell Shopping Plaza and public transit. Short drive to Richmond Centre & Minoru Park, with a wide range of shopping/dining & recreational opportunities. Bring your renovation idea and make this house your home!

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Property History

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Status Date Price
Sold 02-27-2025 $1,999,988

Listed by:

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
Donald E McKay Elementary School
0.33 km
No Rating
Secondary
J N Burnett Secondary School
0.81 km
No Rating
Elementary
Donald E McKay Elementary School
0.33 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
St.Joseph the Worker School
1.75 km
No Rating
Elementary
St.Joseph the Worker School
1.75 km
No Rating

Closest Transit

Translink
Northbound Railway Ave @ Lancing Rd
0.42 km

5531 LANCING ROAD, Richmond BC V7C 3A4 is serviced by Donald E McKay Elementary School. The property with listing MLS® R2952089 is located 0.33 km from the school. Donald E McKay Elementary School has a rating of No Rating.

This home with address 5531 LANCING ROAD, Richmond BC V7C 3A4, Richmond, BC is also serviced by J N Burnett Secondary School and located 0.81 km from it. J N Burnett Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5531 LANCING ROAD, Richmond BC V7C 3A4 is St.Joseph the Worker School with School's rating No Rating, located 1.75 km from this home.

The closest to this address 5531 LANCING ROAD, Richmond BC V7C 3A4 Secondary independent school is St.Joseph the Worker School with School's rating No Rating, located 1.75 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 - 5531 LANCING ROAD, Richmond BC V7C 3A4, 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® R2952089 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 5531 LANCING ROAD, Richmond BC V7C 3A4 are Average. Property misconduct rating adjacent to MLS® R2952089 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 Northbound Railway Ave @ Lancing Rd in 0.42 km away from this listing with - MLS® R2952089.

29.1% of people with university certificate/degree live in this neighbourhood adjacent to the 5531 LANCING ROAD, Richmond BC V7C 3A4 which is Above Average in comparison with other BC neighbourhoods. 14.7% of population in this neighbourhood that is near the Listing MLS® R2952089 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 5531 LANCING ROAD, Richmond BC V7C 3A4, Richmond, BC is $61312 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2952089 is $22925 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 56.8% which is Average.

Unemployment rate in the area around Real Estate Listing # R2952089 is 6.4 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 5531 LANCING ROAD, Richmond BC V7C 3A4 Granville where population change between 2011 and 2016 was -3.1%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5531 LANCING ROAD, Richmond BC V7C 3A4, Richmond, BC is 4495.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 5531 LANCING ROAD, Richmond BC V7C 3A4 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® R2952089 is 74.3% and it is High. % of Married or living common law is around 60.5% and it is Average.

Average age of the population close to the 5531 LANCING ROAD, Richmond BC V7C 3A4 is 41.4 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5531 LANCING ROAD, Richmond BC V7C 3A4, Richmond, BC is $1159425 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 5531 LANCING ROAD, Richmond BC V7C 3A4. $1595 owners spent in average for the dwelling. Tenants are paying $1064 in this district close to MLS® R2952089 and it is Average comparing to other cities.

27.6% of Population in this district near the 5531 LANCING ROAD, Richmond BC V7C 3A4 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5531 LANCING ROAD, Richmond BC V7C 3A4, Richmond, BC is 3.4%, it is Low, % of English speakers only is 82.2% and Below Average. % of Neither English nor French speakers close to home for sale 5531 LANCING ROAD, Richmond BC V7C 3A4, Richmond, BC is 14.4% and it is High comparing to other BC cities.

16.8% of all population in the area around this property with the address 5531 LANCING ROAD, Richmond BC V7C 3A4, Richmond, BC using Public Transport which is Above Average, 76.8% of using population are using Cars around MLS® R2952089, which is Below Average. 1.8% of people using Bicycles around the 5531 LANCING ROAD, Richmond BC V7C 3A4 and it is Above Average. 5% of population are walking which is 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 $1,999,988
Richmond $1,792,855
Granville No comparables
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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