For Sale · Richmond · Retail

$4,500,000

175 6386 NO. 3 ROAD, Richmond

1,460

Sq Ft

2021

Built

About This Home

The details.

Rare Opportunity to acquire this newer retail strata unit in the central heart of Richmond, the best and best location of City Richmond, just right across from Richmond Centre, This unit is on No. 3 Rd. facing Richmond Centre and close to the terminal of sky train and bus loop. with wider frontage and great exposure, lots of traffic. long term leases in place and highly desirable tenancies, This unit has approximately 1460 SF of Rentable Area. (id:66635)

Summarizing the highlights...

MLS® C8079388Listing courtesy of Multiple Realty Ltd.See all units in this building View on map Street view

Property Details

Facts & features.

Property type: Retail
Year built: 2021
Size: 1,460 sqft
Strata fee: $1,100 / monthly
MLS number: C8079388
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$21,045

$3,600,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$21,045

Cash flow

-$21,045

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Richmond right now

703

Active listings

741

New this week

$1,068,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Richmond.

Household and demographic stats for Richmond, from the Statistics Canada 2021 Census.

209,937
Population (2021): 43.6
Median age: 81,080
Households: 2.6
Avg household size: 71.3%
Home ownership: $79,000
Median household income

Richmond neighbourhood guide Full census profile Richmond market trends

Source: Statistics Canada 2021 Census, Richmond, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Continuing Ed SD 38
public · secondary
520 m
Richmond Secondary
public · secondary
690 m
General Currie Elementary
public · elementary
870 m
Maple Leaf School - KPU
independent · secondary
1.0 km
Samuel Brighouse Elementary
public · elementary
1.1 km
W D Ferris Elementary
public · elementary
1.5 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Rental Market

Renting nearby.

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.