1005 7555 Alderbridge Way, Richmond, BC, MLS® R3030103

$688,000
Est. Mortgage /mo

$688,000
$699,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 410.93 Maint. Fee
837 sqft
2007 built
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Map
Street view
Schools
Crime
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1005 7555 Alderbridge Way, Richmond, BC | MLS® R3030103 Property Details

"OCEAN WALK" built by reputable Developer: Century Group. Near Gilbert Road & Elmbridge Way. Quick access to airport & Vancouver. Walk to Olympic Oval, T & T Supermarket, Canada Line Lansdowne Station & Richmond Shopping Centre. This south facing unit with 2 bedrooms (separated by bright & spacious living/dining room), 2 ensuites, 2 balconies with city view. Well managed complex with great amenities: 20,000 sq.ft. roof top garden, exercise room, meeting room, 2 guest suites, many visitor parkings & onsite manager. 1 parking + 1 storage locker. Very attractive price to live-in or for investment. Open house 2-4pm Sat. Nov. 1st

General Info

Price $688,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 837
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2007
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3030103
Area Richmond
Neighbourhood Brighouse
City Richmond
Gross Taxes $2,201.47
Ownership Type Freehold Strata
Maintenance Fee $410.93
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Garage Under Building, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning /
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite
Locker 1
View 1
View Description city view
Units In Development -
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: Macdonald Realty Westmar & Macdonald Realty Westmar

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
Richmond Secondary School
1.33 km
Elementary
Samuel Brighouse Elementary School
Average
0.86 km
6.5/10
Elementary
Samuel Brighouse Elementary School
0.86 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Pythagoras Academy
1.61 km
Secondary
City Vancouver Academy
1.82 km

Closest Transit

Bus Stop
Westbound Elmbridge Way @ Gilbert Rd
0.13 km
Skytrain
Skytrain @ Lansdowne Stn
0.66 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Possible
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 1005 7555 Alderbridge Way, a stunning property nestled in the heart of Richmond, BC, listed as MLS® R3030103. As your local realtor, I'm excited to share with you the unique features and benefits of this fantastic neighborhood.

First, let's talk about education. This home is serviced by Samuel Brighouse Elementary School, which is just a short 0.86 km away and boasts a rating of 6.5/10. Families love this area because of the excellent educational opportunities available. In addition to Samuel Brighouse, your children will also have access to Richmond Secondary School, located just 1.33 km away, with a rating of No Rating.

If you're looking for an alternative to public schools, there are excellent independent options nearby. The closest elementary independent school is Pythagoras Academy, located 1.61 km from this property, with a rating of No Rating. For secondary education, City Vancouver Academy is a great choice, located 1.82 km away, also with a rating of No Rating.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,826.57, which is Average compared to other Canadian cities. There were 16,909 reported disturbances in this area, which is a small number considering the population. Year-over-year, the crime rate has decreased by 3.39%. It's reassuring to know that this community is a safe place to live.

Regarding specific types of crime, the rate of drug-related offenses is High in this area, with 2,081.96 incidents per 100,000 population. However, property crime rates are Average, with 3,238.66 incidents per 100,000 population. Violent crime rates are Low, with 919.25 incidents per 100,000 population.

When it comes to transportation, this property is conveniently located near a bus station, Westbound Elmbridge Way @ Gilbert Rd, just 0.13 km away.

Now, let's dive into the demographics of this neighborhood. A significant 33.8% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. However, 13% of the population has no certificate or degree, which is Below Average. The median household income is $36,759, which is Low compared to the British Columbia average. The median personal income is $18,514, also Low compared to the BC average. The percentage of households with a mortgage is 55%, which is Below Average.

In terms of employment, the unemployment rate in this area is 8.8%, which is Average compared to other provinces. The population has experienced High growth between 2011 and 2016, with a 37.3% increase.

This neighborhood is characterized by a High population density of 4,066.2 people per square kilometer. The average family size is 2.6, which is Low compared to the region. The percentage of families with children is 54.5%, which is Below Average. The percentage of married or living common law couples is 55.7%, also Below Average.

The average age of residents is 42.9, which is Above Average compared to other BC cities. The average value of dwellings in this neighborhood is $711,643, which is High compared to other areas in British Columbia. Homeowners in this area spend an average of $1,392 per month on their mortgage, which is Above Average. Tenants pay an average of $1,363 per month, which is High compared to other cities.

A notable 43.9% of the population in this area are renters, which is Above Average compared to other BC cities. The percentage of English and French speakers is 2.9%, which is Low. The percentage of English speakers only is 79.7%, which is Below Average. The percentage of French speakers only is 0%, which is Low. The percentage of neither English nor French speakers is 17.4%, which is High.

When it comes to transportation, 27.6% of residents use public transport, which is High. 57.9% use cars, which is Low. 0.9% use bicycles, which is Average. 13.1% of the population walk, which is High.

In summary, 1005 7555 Alderbridge Way, Richmond, BC, listed as MLS® R3030103, is a fantastic property in a safe and convenient neighborhood with excellent educational opportunities. If you're looking for a home in a vibrant community with a strong sense of belonging, this property is definitely worth considering.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $688,000
Richmond $683,288
Brighouse $694,826
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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