8651 CAMBIE RD, Richmond BC V6X 1K2, Richmond, BC

$2,888,000
Est. Mortgage /mo

MLS® R2742796

Closed

$2,388,800
Closed at 31 May 2023
Listing price: $2,888,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
2 Baths
2 Stories
lot 8712 sqft
1484 sqft
1960 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Future development opportunity in the heart of Richmond. The City of Richmond has suggested development into a residential and commercial mix use. Part of the "Capstan Village" Official Community Plan, current zoning allows for; Boarding and Lodging, Community Care Facility, Home Business, Secondary Suite, Bed and Breakfast. City Specific Land Use to be zoned T4 allowing for the following usages: Office, Education, Retail & Services, Restaurant, Neighborhood Pub, Institutional use, Rec, Studio, Community use and accessory uses. Polygn development nearby. Do your own due diligence. Property contains a 3 bed 1 bath home with carport which is rented to a long term tenant.

General Info

Price $2,888,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1484
Lot Size 8712
Lot Size Depth Feet
Lot Size Frontage 66
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1960
Age Of Building 63
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2742796
Area Richmond
Neighbourhood West Cambie
City Richmond
Gross Taxes $4,937.79
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Carport Single, Front Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites Other
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View 1
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 05-31-2023 $2,888,000
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Listed by: RE/MAX Crest 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
2.48 km
No Rating
Elementary
R. C. Talmey Elementary School
Average
0.76 km
Rating 5.2/10
Elementary
R. C. Talmey Elementary School
0.76 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
0.38 km
No Rating
Secondary
City Vancouver Academy
0.24 km
No Rating

Closest Transit

Translink
Westbound Cambie Rd @ Sexsmith Rd
0.08 km

8651 CAMBIE ROAD, Richmond BC V6X 1K2 is serviced by R. C. Talmey Elementary School. The property with listing MLS® R2742796 is located 0.76 km from the school. R. C. Talmey Elementary School has a rating of Rating 5.2/10.

This home with address 8651 CAMBIE ROAD, Richmond BC V6X 1K2, Richmond, BC is also serviced by A.R. MacNeill Secondary School and located 2.48 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 8651 CAMBIE ROAD, Richmond BC V6X 1K2 is Pythagoras Academy with School's rating No Rating, located 0.38 km from this home.

The closest to this address 8651 CAMBIE ROAD, Richmond BC V6X 1K2 Secondary independent school is City Vancouver Academy with School's rating No Rating, located 0.24 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 - 8651 CAMBIE ROAD, Richmond BC V6X 1K2, 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® R2742796 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 8651 CAMBIE ROAD, Richmond BC V6X 1K2 are Average. Property misconduct rating adjacent to MLS® R2742796 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 Cambie Rd @ Sexsmith Rd in 0.08 km away from this listing with - MLS® R2742796.

33.8% of people with university certificate/degree live in this neighbourhood adjacent to the 8651 CAMBIE ROAD, Richmond BC V6X 1K2 which is High in comparison with other BC neighbourhoods. 12.9% of population in this neighbourhood that is near the Listing MLS® R2742796 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 8651 CAMBIE ROAD, Richmond BC V6X 1K2, Richmond, BC is $42061 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2742796 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 # R2742796 is 5.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 8651 CAMBIE ROAD, Richmond BC V6X 1K2 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 8651 CAMBIE ROAD, Richmond BC V6X 1K2, Richmond, BC is 1200.9 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 8651 CAMBIE ROAD, Richmond BC V6X 1K2 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® R2742796 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 8651 CAMBIE ROAD, Richmond BC V6X 1K2 is 46.7 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8651 CAMBIE ROAD, Richmond BC V6X 1K2, 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 8651 CAMBIE ROAD, Richmond BC V6X 1K2. $1177 owners spent in average for the dwelling. Tenants are paying $1418 in this district close to MLS® R2742796 and it is High comparing to other cities.

35.9% of Population in this district near the 8651 CAMBIE ROAD, Richmond BC V6X 1K2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8651 CAMBIE ROAD, Richmond BC V6X 1K2, 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 8651 CAMBIE ROAD, Richmond BC V6X 1K2, 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 8651 CAMBIE ROAD, Richmond BC V6X 1K2, Richmond, BC using Public Transport which is Above Average, 63.8% of using population are using Cars around MLS® R2742796, which is Low. 1% of people using Bicycles around the 8651 CAMBIE ROAD, Richmond BC V6X 1K2 and it is Average. 12.5% of population are walking which is High

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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 $2,888,000
Richmond $1,415,000
West Cambie 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!
Thank you Your message has been sent

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