204 - 7240 Lindsay Road, Richmond, V7C 3M6 — photo 1

$270,000

204 - 7240 Lindsay Road, Richmond, V7C 3M6
Active
2 Bedrooms 1 Bathrooms 838 sqft Built 1974 Residential
1 Listing Signal Detected
Leasehold LandHigh

Land is leased, not owned. Review lease terms carefully before proceeding.

About This Property

One of the lowest priced two bedroom units in popular Sussex Square. Exterior is newly renovated - roof, exteriors and balcony. Maintenance fee including: Property Tax, heating, hot water and caretaker. Don't miss this opportunity. School catchment Burnett Secondary School and McKay Elementary. Close to Thompson Community Centre and the Dyke. Great opportunity for 1st time home buyer.

Leasehold

Property Details

MLS #

R3029623

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Style

3 Storey

Ownership

Leasehold prepaid-NonStrata

Zoning

.

Bedrooms

2

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

838 sqft

Main Floor

838 sqft

Stories

3

Year Built

1974

Age

52 years

Construction

Frame Wood, Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Open, Guest, Front Access

Original Price

$270,000

Strata Fee

$833.46/mo

Listed

2025-07-18

MLS Area

Granville

City

Richmond

Postal Code

V7C 3M6

Features & Finishes

Heating

Baseboard · Hot Water

Flooring

Carpet

Appliances

Dishwasher · Refrigerator · Stove

Laundry

Common Area

Exterior Features

Balcony

Building & Community

Total Units

213

Pets

No

Restrictions

Pets Not Allowed,Rentals Allowed

Strata Mgmt Co.

WESTSEA CONSTRUCTION

Strata Mgmt Phone

604-681-2727

Lot Features

Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Caretaker · Trash · Maintenance Grounds · Heat · Hot Water · Management · Sewer · Snow Removal

Disclosures

Property Disclosure

Yes

Coordinates: 49.160023, -123.166442 · Map data © Google

8.5

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market59% below market $/sqft
Days on market290 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$250,804

7.1% below asking price

Negotiation Range

$244,054$254,854

$10,800 spread

$244,054$270,000 ask

Based on 13 recent sales, a starting offer around $250,804 (7.1% below ask) is reasonable. Your negotiation range is $244,054 – $254,854.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Extended market time290 days listed — well above market avg of 158 days, increased negotiation leverage
Above-average DOM290d vs market avg of 158d — property may have a pricing or condition issue

Based on 13 residential sales in Richmond (last 60 days) · Updated May 4

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