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$1,569,000

10431 SEACOTE ROAD

Richmond BC V7A 4B4 - Ironwood
7 bd
4 ba
2,748 sqft
Built 1959

About This Property

A real rental investment with cash cow! Nowhere to find a house with such nice cash flow under $1.6M in desirable Richmond. 2748sqft developed area with 2 separate entrance rental units. 7 beds, 4 full baths, 3 kitchens, 3 suites, this tasty property sits in a 7,593sqft lot with a fantastic layout. A lot of potential for investment with great mortgage…

Property Details

MLS NumberR3111314
Property TypeSingle Family Residence
Bedrooms7
Bathrooms4
Square Feet2,748
Lot Size7,593 sqft
Year Built1959
Parking Spaces1
StatusClosed
Listed ByMetro Edge Realty

School Catchment

Elementary Woodward
Secondary McNair

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$90,000Median household income
64.2%Owner-occupied
31.7%Single-detached homes
2.8Avg household size
41.6Median age
39.9%Bachelor's degree or higher (25-64)
65.3%Commute under 30 min
85.3%Drive to work
54.5%Foreign-born residents
8,114Neighbourhood population

Age

Under 15: 14.1%15 to 64: 68.4%65 and over: 17.6%
  • Under 1514.1%
  • 15 to 6468.4%
  • 65 and over17.6%

Household size

  • 1 person25%
  • 229.3%
  • 317%
  • 414.6%
  • 5 or more14.1%

Language spoken at home

36.9% English mother tongue

  • Cantonese15.4%
  • Mandarin10.7%
  • Punjabi10.1%
  • English + other6.7%
  • Tagalog4.6%
  • Arabic1.4%
  • All others14.2%

Mother tongue, share of 8,110 residents.

How this pocket differs

  • notably more 5+ person households than Richmond 14.1% vs 9.2%
  • notably more Punjabi speakers than Richmond 10.1% vs 2.4%
  • notably fewer Mandarin speakers than Richmond 10.7% vs 21.1%
  • fewer Cantonese speakers than Richmond 15.4% vs 21.5%
  • more Tagalog speakers than Richmond 4.6% vs 3.7%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size7,593 sqft
Lot dimensions104 × 110 ft
Lot shapeIrregular
Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $7,714
Mortgage payment$7,109
Property tax$451
Home insurance$155
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 13

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