8551 DEMOREST DR, Richmond BC V7A 4P8, Richmond, BC

$1,768,000
Est. Mortgage /mo

MLS® R2934415

Closed

$1,695,000
Closed at 20 Jan 2025
Listing price: $1,768,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 6134 sqft
2064 sqft
1976 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Situated directly across from Rideau Park, this 4 bedroom, 3 bathroom split level home offers over 2,000 sq.ft and features a traditional design with main floor kitchen, living, dining & family rooms down, bedrooms up plus 4th bedroom on ground level. Floorplan design allows for a potential 1-2 bedroom suite with separate entrance if desired. Large sundeck off of the ensuited master bedroom a pleasant bonus. Fenced, sunny back yard with garden shed perfect for the growing family and entertaining. Quiet, safe street and convenient location close to many amenities and both elementary and secondary schools. 4 years old roof, 1 year old heat pump. School catchments:Walter Lee Elementary and McRoberts Secondary.

General Info

Price $1,768,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2064
Lot Size 6134
Lot Size Depth Feet
Lot Size Frontage 79.46
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 1976
Age Of Building 49
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2934415
Area Richmond
Neighbourhood Saunders
City Richmond
Gross Taxes $4,936.42
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump

Utilities

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

Parking

Parking Type Additional Parking, Carport Single
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning .
Rental Suites Other
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Community, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 01-20-2025 $1,768,000
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Listed by: Pacific Evergreen 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
Walter Lee Elementary School
Average
0.73 km
Rating 6.5/10
Secondary
Hugh McRoberts Secondary School
0.76 km
No Rating
Elementary
Walter Lee Elementary School
0.73 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.Paul School
0.8 km
Rating 10/10
Elementary, Secondary
Richmond Christian School
2.97 km
Rating 9.3/10

Closest Transit

Translink
Northbound Garden City Rd @ Glenallan Gate
0.38 km

8551 DEMOREST DRIVE, Richmond BC V7A 4P8 is serviced by Walter Lee Elementary School. The property with listing MLS® R2934415 is located 0.73 km from the school. Walter Lee Elementary School has a rating of Rating 6.5/10.

This home with address 8551 DEMOREST DRIVE, Richmond BC V7A 4P8, Richmond, BC is also serviced by Hugh McRoberts Secondary School and located 0.76 km from it. Hugh McRoberts Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 is St.Paul School with School's rating Rating 10/10, located 0.8 km from this home.

The closest to this address 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 Secondary independent school is Richmond Christian School with School's rating Rating 9.3/10, located 2.97 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 - 8551 DEMOREST DRIVE, Richmond BC V7A 4P8, 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® R2934415 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 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 are Average. Property misconduct rating adjacent to MLS® R2934415 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 Garden City Rd @ Glenallan Gate in 0.38 km away from this listing with - MLS® R2934415.

35.1% of people with university certificate/degree live in this neighbourhood adjacent to the 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 which is High in comparison with other BC neighbourhoods. 11.6% of population in this neighbourhood that is near the Listing MLS® R2934415 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 8551 DEMOREST DRIVE, Richmond BC V7A 4P8, Richmond, BC is $69056 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2934415 is $23312 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 58.9% which is Average.

Unemployment rate in the area around Real Estate Listing # R2934415 is 4.4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 Saunders where population change between 2011 and 2016 was 8.2%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8551 DEMOREST DRIVE, Richmond BC V7A 4P8, Richmond, BC is 4077.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2934415 is 69.7% and it is High. % of Married or living common law is around 61.5% and it is Average.

Average age of the population close to the 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 is 42.2 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8551 DEMOREST DRIVE, Richmond BC V7A 4P8, Richmond, BC is $1289302 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 8551 DEMOREST DRIVE, Richmond BC V7A 4P8. $1895 owners spent in average for the dwelling. Tenants are paying $1559 in this district close to MLS® R2934415 and it is High comparing to other cities.

22.3% of Population in this district near the 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8551 DEMOREST DRIVE, Richmond BC V7A 4P8, Richmond, BC is 5.3%, it is Below Average, % of English speakers only is 81.2% and Below Average. % of French speakers adjacent to 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 only is 0.2% and it is Average. % of Neither English nor French speakers close to home for sale 8551 DEMOREST DRIVE, Richmond BC V7A 4P8, Richmond, BC is 13.5% and it is High comparing to other BC cities.

16.2% of all population in the area around this property with the address 8551 DEMOREST DRIVE, Richmond BC V7A 4P8, Richmond, BC using Public Transport which is Above Average, 81.1% of using population are using Cars around MLS® R2934415, which is Below Average. 0.9% of people using Bicycles around the 8551 DEMOREST DRIVE, Richmond BC V7A 4P8 and it is Average. 0.9% of population are walking which is Low

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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 $1,768,000
Richmond $1,703,226
Saunders 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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