308 8040 Ryan Rd, Richmond, BC, MLS® R3067139

$285,000
Est. Mortgage /mo

NEW

$285,000
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
3 Beds
2 Baths
1 Stories
lot 0 sqft
1140 sqft
1974 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

308 8040 Ryan Rd, Richmond, BC | MLS® R3067139 Property Details

Welcome to this beautifully renovated top-floor home located on the quiet side of Bristol Court. Well-maintained leasehold complex has seen numerous upgrades, incl new windows, balconies, exterior improvements, updated plumbing & newly paved parking lot. Modernized kitchen, engineered hardwood flooring throughout, 3 spacious bedrooms, 1.5 bathrooms & ample storage. Close to parks, community centres, public transit. Conveniently situated across from Richlea Square, you'll enjoy easy access to shopping, dining & essential services. Within walking distance to 2 levels of French immersion schools—Whiteside Elementary & McRoberts Secondary - making it ideal for families. Monthly maintenance fee includes property taxes, hot water, heat. No Pets, rentals are allowed.

General Info

Price $285,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1140
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1974
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Refrigerator, Stove
Building Amenities Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Taxes, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3067139
Area Richmond
Neighbourhood South Arm
City Richmond
Gross Taxes 0
Ownership Type Leasehold prepaid-NonStrata
Maintenance Fee $1,169.24
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Taxes, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Open, Guest, Front Access
Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Rental Restrictions -
Zoning RAM1
Rental Suites None
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer

Property History

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Status Date Price
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Listed by: RE/MAX Westcoast

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
Hugh McRoberts Secondary School
0.74 km
Elementary
William Bridge Elementary School
Average
0.24 km
6.5/10
Elementary
William Bridge Elementary School
0.24 km

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

Private Schools

Elementary
Ark Elementary School
0.88 km
Elementary, Secondary
Richmond Christian School
3.23 km

Closest Transit

Bus Stop
Southbound No. 3 Rd @ Ryan Rd
0.09 km
Skytrain
Skytrain @ Brighouse Stn
3.30 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 308 8040 Ryan Road in Richmond, BC

As we step into this charming community, you'll notice the warm and inviting atmosphere that makes this neighborhood so special. Let's start with the schools that serve this area. Your child will thrive at William Bridge Elementary School, rated 6.5/10, located just a 0.24 km stroll from this beautiful home with MLS® R3067139. This school is part of the Richmond School District, known for its excellent education system.

Just down the road, your child will have access to Hugh McRoberts Secondary School, rated No Rating, located 0.74 km from this home. For families who prefer independent schools, Ark Elementary School is a great option, with a rating of 4.3/10 and located 0.88 km from this property. And for older students, Richmond Christian School is a nearby option, with a rating of 9.3/10 and located 3.23 km from this home.

Now, let's talk about the safety of the neighborhood. According to Statistics Canada's 2020 report, there were 16,909 disturbances in this area, with an overall crime rate of 7,826.57 per 100,000 population. This is considered Average compared to other Canadian cities. The good news is that the crime rate has decreased by 3.39% year-over-year.

In terms of specific crime types, the drug crime rate is High, with a rating of 2,081.96 and 4,498 incidents in 2020. However, the property crime rate is Average, with a rating of 3,238.66 and 6,997 incidents in 2020. The violent crime rate is Low, with a rating of 919.25 and 1,986 incidents in 2020.

Now, let's explore the lifestyle amenities that make this neighborhood so appealing. The closest bus station is Southbound No. 3 Rd @ Ryan Rd, just a 0.09 km walk from this home. And with a 32.9% university certificate/degree holder population, this neighborhood is a hub of education and career growth. In fact, 12.3% of the population in this area have no certificate or degree, which is Below Average compared to the provincial average.

The median household income in this neighborhood is $64,358, which is Average compared to other British Columbia neighborhoods. And with a median personal income of $26,888, this area is a great option for families and individuals looking for affordable living. In fact, 50% of households in this area have a mortgage, which is Below Average compared to other neighborhoods.

Unemployment rates in this area are low, with a rate of 6.7%, which is Below Average compared to other provincial neighborhoods. And with a population change of -0.5% between 2011 and 2016, this area is a stable and growing community. The population density per square kilometer is 4,252.5, which is High compared to other areas.

Families are a big part of this community, with an average family size of 3, which is Above Average compared to other neighborhoods. In fact, 70.4% of families in this area have children, which is High compared to other areas. And with an average age of 43.1, this area is a great option for families of all ages.

Now, let's talk about the real estate market in this area. The average value of dwellings in this neighborhood is $923,777, which is High compared to other areas in British Columbia. And with an average owner payment of $1,280, this area is a great option for homeowners. However, tenants in this area are paying an average of $1,316, which is Above Average compared to other cities.

Lastly, let's look at the demographics of this area. 39.1% of the population in this area are renters, which is Above Average compared to other BC cities and areas. And with a 7.2% English and French speaker population, this area is a diverse and inclusive community. However, with an 8.6% Neither English nor French speaker population, this area is a great option for families who speak other languages.

As for transportation, 23.1% of the population in this area use public transport, which is Above Average. However, 70.6% of the population use cars, which is Below Average. And with a 2.4% bicycle user population, this area is a great option for families who value alternative modes of transportation.

In conclusion, 308 8040 Ryan Road in Richmond, BC is a fantastic opportunity for families and individuals looking for a safe, diverse, and inclusive community. With excellent schools, a stable economy, and a range of lifestyle amenities

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 $285,000
Richmond $337,444
South Arm $293,861
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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