55 5380 Smith Dr, Richmond, BC, MLS® R3018728

$1,198,000
Est. Mortgage /mo

11.3% price reduction

$1,198,000
$1,350,000
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
4 Beds
4 Baths
2 Stories
$ 955.05 Maint. Fee
3638 sqft
1989 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
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55 5380 Smith Dr, Richmond, BC | MLS® R3018728 Property Details

11.3% price reduction

Welcome to this impressive custom-built detached townhouse nestled in the vibrant Hamilton area. This custom-built 4 bdrm home offers a spacious 3700 sf layout featuring spacious rooms w/generous proportions & 3.5 well-appointed bathrooms that create an inviting atmosphere, while partial mountain and park views provide a serene backdrop to daily life. Enter the living area where marble fireplace creates a cozy ambiance, ideal for relaxation. The property boasts 2 expansive yards, providing ample space for gardening, outdoor entertainment, or just soaking up the sun. A standout feature is the versatile in-law suite, perfect for extended family or rental potential. Located just a short walk from Hamilton Elementary, the location is excellent for families desiring both comfort & convenience.

General Info

Price $1,198,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3638
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1989
Age Of Building 36
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Management, Sewer, Water
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3018728
Area Richmond
Neighbourhood Hamilton RI
City Richmond
Gross Taxes $3,077.18
Ownership Type Freehold Strata
Maintenance Fee $955.05
Community Features Shopping Nearby
Amenities Nearby Management, Sewer, Water
Fixtures Included 1

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces 4

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning RTL1
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development 75
Exterior Features Garden, Balcony, Private Yard
Roof Asphalt

Property History

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Status Date Price
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Listed by: TRG The Residential Group Downtown 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

Elementary
Hamilton Elementary School
Average
0.12 km
6.5/10
Secondary
Matthew McNair Secondary School
11.31 km

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

Private Schools

Elementary
Fawkes Academy
1.97 km
Secondary
St.Thomas More Collegiate
4.94 km

Closest Transit

Bus Stop
Eastbound Westminster Hwy @ McLean Ave
0.27 km
Skytrain
Skytrain @ 22Nd St Stn
3.09 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 55 5380 Smith Drive, Richmond, BC - A Charming Family Home

As we step into the vibrant community of 55 5380 Smith Drive, Richmond, BC, you'll be surrounded by excellent schools, safe neighborhoods, and a wealth of amenities that make this a perfect place to call home. With MLS® R3018728, you'll have the opportunity to own a piece of this beautiful community.

Education: A Strong Foundation

Hamilton Elementary School, located just 0.12 km from 55 5380 Smith Drive, has a rating of 6.5/10, making it an excellent choice for families. Matthew McNair Secondary School, 11.31 km away, offers a range of academic programs and extracurricular activities. Both schools are highly rated and provide a solid foundation for students.

For families who prefer independent schools, Fawkes Academy is a close 1.97 km from this home, while St. Thomas More Collegiate is 4.94 km away, offering a range of educational options.

Safety: A Peace of Mind

According to Statistics Canada's 2020 report, the neighbourhood surrounding 55 5380 Smith Drive, Richmond, BC has an average crime rate of 7,826.57 incidents per 100,000 population, which is comparable to other Canadian cities. The crime rate has decreased by 3.39% over the years, providing a safe and secure environment for residents.

While drug crime rates are higher in this area, with a rating of 2,081.96 and 4,498 incidents in 2020, the overall crime rate remains average. Property crime rates are also average, with 6,997 incidents in 2020 and a rating of 3,238.66. Violent crime rates are low, with 1,986 incidents in 2020 and a rating of 919.25.

Community Amenities: A Hub of Activity

55 5380 Smith Drive, Richmond, BC offers easy access to public transportation, with the Eastbound Westminster Hwy @ McLean Ave bus station just 0.27 km away. This makes getting around the city convenient and stress-free.

The neighbourhood is also home to a diverse range of residents, with 28.2% holding a university certificate or degree, which is above average in BC. The median household income is $97,280, which is high compared to the BC average. The median personal income is $34,037, which is average.

Demographics: A Thriving Community

The population change between 2011 and 2016 was 1.9%, which is average for this region. The population density per square kilometre is 2,069.2, which is above average. The average size of families in the area is 3.1, which is above average. A high percentage of families with children (73.7%) and married or living common-law couples (63.3%) make this a family-friendly community.

Real Estate: A Smart Investment

The average value of dwellings in this neighbourhood is $786,401, which is high compared to other areas in British Columbia. Average owner payments are also high, with owners spending $1,657 per month. Tenants pay $1,402 per month, which is also high.

Only 18% of the population in this area are renters, which is average compared to other BC cities and areas. The majority of residents (80.9%) use cars to get around, which is below average. A high percentage of residents (17.1%) use public transportation, which is above average.

Conclusion

55 5380 Smith Drive, Richmond, BC, MLS® R3018728 is a charming family home located in a safe and vibrant community. With excellent schools, a range of community amenities, and a thriving demographic, this property is a smart investment for anyone looking to own a piece of this beautiful community.

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 $1,198,000
Richmond No comparables
Hamilton RI 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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