111-4033 May Drive, Richmond BC V6X 1C9

Richmond, West Cambie

11 bed

9 bath

4,326 sqft

Apartment/Condo

Built in 2020

5 parking

Pets allowed

Freehold Strata

ZLR24 zone

Public remarks

Investors Alert--Unbelievable! 6 Affordable apartment units only asking $550/SQF!!! Prime Richmond popular location -built in 2020 New- 6 Affordable rental units combined to sell, total 4,326 SQF, Five 2 bedrooms and One 1 bedroom, total rental income approximate $9822/month for 6 units, saving property tax is a bonus. One bedroom Rent $1465/month. Two bedroom Rent $1781/month. Well designed floor plan, Beautiful hardwood floors engineered stone countertops. Spacious living room and open kitchen area. Modern kitchen with high end appliances, Bosch. Located in the heart of Richmond, walking distance to Walmart, banks, Minutes to Kwantlen university and Lansdown Centre, GOLDEN OPPORTUNITY!!! you can't find any better deal in Richmond area!

Private remarks

Please see Housing Agreement attached. No measurement, buyer or buyer's agent to verify if necessary. 6 Affordable rental units combined to sell(can't separate), total 4,326 SQF, Eligible tenant requirement: 1, applicants must intend to make the unit their primary residence. 2, the total (before tax) annual income of all household members combined must fall below the maximum income thresholds: one bedroom $55,500 annual income. Two-bedroom $67,500 annual income. Great deal for investor! Tenanted

Cooperating commission

3.225% for 1st $100k, 1.1625% for balance

West Cambie Neighbourhood

$2,380,000 ($550/sqft)

Active

Expiry date

Original price

Gross taxes (2023)

$2,221.56

Property transfer tax

$49,400.00

Association fees

$2,510.00

Last Updated: 12/23/2024 01:29 PM

Courtesy of LDG Realty

105-111 4033 May Drive Details

Above Grade Finished Area: 4326
Appliances: Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Association Amenities: Gas, Hot Water, Management
Association Fee: 2510
Association Yn: true
Basement: None
Bathrooms Full: 9
Bathrooms Half: 0
Bathrooms Total Integer: 9
Bedrooms Total: 11
Below Grade Finished Area: 0
Bridge Modification Timestamp: 2024-12-23T21:29:22.927Z
Building Area Total: 4326
Buyer Agency Compensation: 3.225% FOR 1ST $100K, 1.1625% FOR BALANCE
City: Richmond
Common Interest: Condominium
Construction Materials: Frame Wood, Brick (Exterior), Fibre Cement (Exterior)
Cooling: Air Conditioning
Cooling Yn: true
Country: CA
Covered Spaces: 5
Expiration Date: 2025-07-15
Exterior Features: Garden
Feed Types: IDX, VOW
Foundation Details: Concrete Perimeter
Garage Yn: true
Heating: Baseboard, Electric
Heating Yn: true
Idx Participation Yn: true
Interior Features: Elevator
Internet Address Display Yn: true
Internet Entire Listing Display Yn: true
Latitude: 49.181728
Laundry Features: In Unit
Levels: One
List Agent Key: c2ebab46e75daa32d999ef078b381024
List Agent Key Numeric: 41905
List Agent MLS: V51072
List Aor: Greater Vancouver
List Office Key: 4f577c50ba8e72f5abbc78f9c63f1f75
List Office Key Numeric: 4895
List Office MLS: V005670
List Price: 2380000
Listing Contract Date: 2024-07-16
Listing: R2906577
Listing Key: 203ffa2f02353dd296b2125730b6a44c
Living Area: 4326
Longitude: -123.11817
Lot Size Acres: 0
Lot Size Area: 0
Lot Size Square Feet: 0
Lot Size Units: Square Feet
Main Level Bathrooms: 9
MLS Area Major: Richmond
MLS Area Minor: West Cambie
MLS Status: Active
Modification Timestamp: 2024-12-24T04:38:31.600Z
Original Entry Timestamp: 2024-07-17T07:46:40.300Z
Original List Price: 2380000
Originating System Name: GVR – FVREB – CADREB – BCNREB – Resi
Ownership: Freehold Strata
Parcel Number: 031152694
Parking Features: Underground, Guest, Side Access
Parking Total: 5
Patio And Porch Features: Patio, Deck
Pets Allowed: Yes With Restrictions
Photos Change Timestamp: 2024-10-28T14:28:52.362Z
Photos Count: 10
Postal Code: V6X 1C9
Property Sub Type: Apartment/Condo
Property Type: Residential
Roof: Torch-On
Room Bathroom2 Level: Main
Room Bathroom3 Level: Main
Room Bathroom4 Level: Main
Room Bathroom5 Level: Main
Room Bathroom Level: Main
Rooms Total: 11
Security Features: Smoke Detector(s), Fire Sprinkler System
Sewer: Public Sewer
Showing Contact Name: TEXT TO LDG Realty
Source System Key: 262928204
Standard Status: Active
State Or Province: BC
Status Change Timestamp: 2024-07-16T07:00:00.000Z
Stories: 1
Street Name: May
Street Number: 4033
Street Suffix: Drive
Structure Type: Multi Family, Residential Attached
Tax Annual Amount: 2221.56
Tax Legal Description: SL5, SL6, SL8, SL9, SL10, SL11, BLOCK 5N, PLAN EPS6727, SECTION 34, RANGE 6W, NEW WESTMINSTER LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V
Tax Year: 2023
Unit Number: 105-111
Unparsed Address: 111-4033 May Drive, Richmond BC V6X 1C9
Utilities: Community, Electricity Connected, Natural Gas Connected
Water Source: Public
Year Built: 2020
Zoning: ZLR24

105-111 4033 May Drive History

Address	MLS®	Changed	List date	Status	List price	Close price	List agent	List office
105-111 4033 May Drive	R2906577	12/23/2024 01:29 PM	07/16/2024	Active	$2,380,000	Login to view	Danny Deng PREC*	LDG Realty
105-111 4033 May Drive	R2801448	10/24/2024 08:48 AM	07/23/2023	Terminated	$2,380,000	Login to view		LDG Realty