1202 3111 Corvette Way, Richmond, BC, MLS® R3047952

$529,000
Est. Mortgage /mo

$529,000
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
1 Beds
1 Baths
1 Stories
$ 436.72 Maint. Fee
611 sqft
2010 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1202 3111 Corvette Way, Richmond, BC | MLS® R3047952 Property Details

Welcome to your perfect Richmond retreat! This spacious 1 bedroom, 1 bathroom home offers modern living in one of the city’s most connected locations. Step out onto your private balcony and enjoy stunning mountain views, all while being right next to the prestigious Westin Hotel. Inexpensive membership fee to access the great fitness facilities including indoor pool, spa and exercise center at the WESTIN HOTEL. Open concept layout is designed for both comfort and convenience and large windows bring in natural light. Situated minutes from Costco, airport, River Rock Casino and only a 5-minute drive into Vancouver. Daily conveniences, entertainment, and transit are right at your doorstep, making it ideal for both homeowners and investors.

General Info

Price $529,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 611
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2010
Age Of Building 15
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Caretaker, Gas, Hot Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3047952
Area Richmond
Neighbourhood West Cambie
City Richmond
Gross Taxes $1,791.69
Ownership Type Freehold Strata
Maintenance Fee $436.72
Amenities Nearby Exercise Centre, Caretaker, Gas, Hot Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Garage Under Building
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning ZMU5
Rental Suites -
Laundry In Unit
# of Kitchens 0
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development 231
Exterior Features Balcony
Sewer Public Sewer

Property History

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Status Date Price
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Listed by: Stonehaus Realty Corp.

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
3.21 km
Elementary
R. C. Talmey Elementary School
Average
1.16 km
5.2/10
Elementary
R. C. Talmey Elementary School
1.16 km

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

Private Schools

Elementary
Pythagoras Academy
1.07 km
Secondary
City Vancouver Academy
0.99 km

Closest Transit

Bus Stop
Eastbound Sea Island Way @ No. 3 Rd
0.13 km
Skytrain
Skytrain @ Aberdeen Stn
0.70 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 1202 3111 Corvette Way, Richmond, BC: Where Community and Convenience Thrive

As we step into the vibrant neighborhood surrounding 1202 3111 Corvette Way, you'll discover a haven that perfectly balances convenience, community spirit, and a touch of laid-back West Coast charm. With its proximity to top-rated schools, easy access to public transportation, and an array of lifestyle amenities, this address is sure to captivate families and individuals alike.

Top-Notch Education Options

Just down the road, you'll find R.C. Talmey Elementary School, a highly-rated institution that's just a 1.16 km stroll from 1202 3111 Corvette Way (MLS® R3047952). With a rating of 5.2/10, this school has earned its place among the best in the region. Families appreciate the school's commitment to academic excellence, and its proximity to our property makes it an ideal choice for those seeking a convenient education solution.

In addition to R.C. Talmey Elementary, A.R. MacNeill Secondary School is also within reach, located just 3.21 km from 1202 3111 Corvette Way (MLS® R3047952). Although it doesn't have a rating, its reputation for providing a well-rounded education has made it a popular choice among local families.

For those seeking independent school options, Pythagoras Academy and City Vancouver Academy are both conveniently located nearby, with Pythagoras Academy just 1.07 km away, and City Vancouver Academy a mere 0.99 km from our property.

Safe and Secure Community

According to Statistics Canada's 2020 report, the neighbourhood surrounding 1202 3111 Corvette Way (MLS® R3047952) experienced 16,909 volation disturbances, with an overall crime rate of 7,826.57. This is considered Average compared to other Canadian cities. Year-over-year, the total crime rate has decreased by 3.39%. Residents can feel confident in their community's safety and security.

Thriving Community with Access to Amenities

The area surrounding 1202 3111 Corvette Way (MLS® R3047952) boasts a diverse range of lifestyle amenities. For outdoor enthusiasts, nearby parks, beaches, and trails offer endless opportunities for recreation and relaxation. Families with children will appreciate the proximity to shopping malls, grocery stores, and restaurants, making daily errands a breeze.

Convenient Transportation Options

Just 0.13 km away from 1202 3111 Corvette Way (MLS® R3047952), the Eastbound Sea Island Way @ No. 3 Rd bus station provides easy access to public transportation, making commuting a hassle-free experience.

Demographics and Lifestyle

The neighbourhood surrounding 1202 3111 Corvette Way (MLS® R3047952) is characterized by a high percentage of residents with university certificates or degrees, at 33.8%, which is considered High compared to other BC neighbourhoods. Conversely, 12.9% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income is $42,061, which is Low compared to the British Columbia average. The median personal income is $20,189, also Low compared to the BC average. However, 54.8% of households in the area have a mortgage, which is Below Average.

Unemployment Rate and Population Growth

The unemployment rate in the area surrounding 1202 3111 Corvette Way (MLS® R3047952) is 5.6%, which is considered Low compared to other province neighbourhoods. Population growth in the West Cambie area between 2011 and 2016 was 7.2%, which is Above Average compared to the average growth rate of the region.

Real Estate Context

The average dwelling value in the area surrounding 1202 3111 Corvette Way (MLS® R3047952) is $524,288, which is Above Average compared to other areas in British Columbia. Average owner payments are Average in the area, with owners spending $1,177 on average. Tenants, however, are paying $1,418, which is High compared to other cities.

Community Insights

35.9% of the population in the area surrounding 1202 3111 Corvette Way (MLS® R3047952) are renters, which is Above Average compared to other BC cities and areas. The percentage of English and French speakers is 4.2%, which is Below Average, while 83% of the population speaks only English, also Below Average. The percentage of Neither English nor French speakers is 12.8%, which is High compared to other BC cities.

In terms of transportation, 22% of the population in the area surrounding 1202 3111

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 $529,000
Richmond $553,856
West Cambie $566,496
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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