204 7540 Minoru Blvd, Richmond, BC, MLS® R3066488

$598,000
Est. Mortgage /mo

$598,000
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
$ 555.98 Maint. Fee
1188 sqft
1987 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

204 7540 Minoru Blvd, Richmond, BC | MLS® R3066488 Property Details

Spacious 2 bed, 2 bath corner suite in the heart of Richmond! Nearly 1,200 sq.ft. of bright, comfortable living with generous room sizes rarely found today. Features a large living area with cozy fireplace, open dining space, and functional kitchen with ample storage. Both bedrooms are well-sized, including a primary with walk-through closet and ensuite. In mostly original condition, an excellent opportunity to update and make it your own. Enjoy a private covered balcony overlooking mature greenery, in-suite laundry, and plenty of storage. Well-managed building with updated roof and re-piping. 1 parking & storage locker. Tremendous value & potential in a central, walkable location. Steps to Richmond Centre, Minoru Park, library, Aquatic Centre & Canada Line. Virtually staged.

General Info

Price $598,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1188
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1987
Age Of Building 38
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Clubhouse, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3066488
Area Richmond
Neighbourhood Brighouse South
City Richmond
Gross Taxes $2,056.76
Ownership Type Freehold Strata
Maintenance Fee $555.98
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Garage Under Building, Guest, Lane Access
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No Cats, No Dogs, No
Rental Restrictions 100
Zoning RAM1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Tile, Vinyl, Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View Description -
Units In Development 88
Exterior Features Balcony
Sewer Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Oakwyn 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

Secondary
Richmond Secondary School
0.51 km
Elementary
W D Ferris Elementary School
0.59 km
Elementary
W D Ferris Elementary School
Above Average
0.59 km
8.3/10

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

Private Schools

Elementary
St.Paul School
0.68 km
Secondary
City Vancouver Academy
2.99 km

Closest Transit

Bus Stop
Southbound No. 3 Rd @ Jones Rd
0.15 km
Skytrain
Skytrain @ Brighouse Stn
1.12 km

Noise/ Power Lines

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

Other

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

Welcome to 204 7540 Minoru Boulevard, a beautiful residence in the heart of Richmond, BC!

As we walk you through this charming home, we'll highlight the wonderful features of the neighborhood and what makes it an ideal place to call home.

Schools

You'll find that your children will thrive in the area, with renowned schools just a short distance away. W D Ferris Elementary School, located 0.59 km from 204 7540 Minoru Boulevard, is a highly rated institution that provides a great foundation for young learners. Additionally, Richmond Secondary School, situated 0.51 km from the property, offers a comprehensive education experience. For families who prefer independent education, St. Paul School (Rating: 10/10) is just 0.68 km away, providing a unique learning environment.

Safety and Crime Rates

In terms of safety, the area around 204 7540 Minoru Boulevard, Richmond, BC, has a recorded crime rate of 7,826.57 incidents per 100,000 population (2020 Statistics Canada data). Compared to other Canadian cities, this rate is considered Average. However, it's essential to note that crime rates can fluctuate over time. According to recent data, the year-over-year change in the total crime rate is -3.39%.

When it comes to specific types of crime, the area has seen a High drug crime rate, with 4,498 illegal substances lawbreaking disturbances in 2020. This is a concern that we take seriously. On the other hand, property crimes in the neighborhood are Average, with 6,997 incidents in 2020. Violent crime rates are Low, with 1,986 incidents reported in 2020.

Demographics and Lifestyle

The community surrounding 204 7540 Minoru Boulevard is characterized by a mix of ages, with an average age of 45.9 years. This is slightly higher than the BC average. According to recent data, 34.9% of the population in this neighborhood holds a university certificate or degree, which is High compared to other BC neighborhoods.

In terms of income, the median household income in the area is $57,280, which is Below Average compared to the BC average. However, the median personal income is $26,549, which is Low compared to the BC average.

Transit and Commuting

The area is well-connected to public transportation, with the Southbound No. 3 Rd @ Jones Rd bus station located 0.15 km away from the property. For those who prefer to drive, the area has an Average number of cars per household, with 62.3% of the population using cars to commute.

Amenities and Lifestyle

The neighborhood offers a range of amenities, including parks, beaches, and trails, making it an ideal place to live, work, and play. You'll find a variety of shopping malls, grocery stores, restaurants, and coffee shops within walking distance or a short drive away.

Real Estate Context

The average value of dwellings in the area is $467,720, which is Above Average compared to other areas in British Columbia. As for owner payments, the average is Below Average at $1,067. On the other hand, tenants are paying $1,186, which is Above Average compared to other cities.

Ownership and Rentals

The area around 204 7540 Minoru Boulevard has a mix of ownership and rentals. According to recent data, 53.8% of households in the area own their homes, which is Below Average compared to other neighborhoods. However, 25.4% of the population in this area are renters, which is Average compared to other BC cities.

Language and Transportation

In terms of language, 84.8% of the population in the area speaks only English, which is Below Average. On the other hand, 30.9% of the population uses public transportation, which is High compared to other neighborhoods.

Insider Tips

As a local realtor with over a decade of experience, I can tell you that this neighborhood has a lot to offer. From its excellent schools to its range of amenities, this is a community that truly has something for everyone. Whether you're a first-time buyer, a family looking for a new home, or an investor seeking a mix of rental and ownership opportunities, 204 7540 Minoru Boulevard is an excellent choice.

MLS® R3066488

This property is listed with MLS® R3066488, and I'm proud to offer it to you and your family. With its proximity to excellent schools, public transportation, and a range of amenities, this home is an excellent value in the Richmond, BC real estate market.

Contact Me

If you have any questions or would like to schedule a viewing, please don't hesitate to

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 $598,000
Richmond $611,467
Brighouse South $628,192
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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