308 - 7280 Lindsay Road, Richmond, V7C 3M6 — photo 1

$199,999

308 - 7280 Lindsay Road, Richmond, V7C 3M6
Active
1 Bedrooms 1 Bathrooms 635 sqft Built 1974 Residential
1 Listing Signal Detected
Leasehold LandHigh

You own the building but not the land. Lease terms, prepaid amounts, and renewal conditions are critical to review.

About This Property

This affordable, newly renovated top-floor one bedroom unit has functional layout in the popular Sussex Square leasehold complex. With the elementary school by the backyard park, Burnett secondary, Community center are right cross the street with a few minutes walk. This newly painted home has updated flooring and bathroom sink. Complex had been upgraded including exterior, all windows, balconies, plumbing, paved parking lot. Maintenance fee includes property tax, heat and hot water. Great to move in or for investment.

Leasehold

Property Details

MLS #

R3065350

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Leasehold prepaid-NonStrata

Zoning

/

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

635 sqft

Main Floor

635 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, Front Access

Original Price

$219,999

Strata Fee

$631.14/mo

Listed

2025-11-05

MLS Area

Granville

City

Richmond

Postal Code

V7C 3M6

Features & Finishes

Heating

Baseboard

Flooring

Laminate

Appliances

Dishwasher · Stove

Exterior Features

Balcony

Building & Community

Pets

No

Restrictions

Pets Not Allowed,Rentals Allwd w/Restrctns

Strata Mgmt Co.

Westsea Construction

Strata Mgmt Phone

604-681-2727

Transit

Walk distance

Schools

Half block

Lot Features

Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Water Connected

Community

Retirement Community, Shopping Nearby

Building Amenities

Caretaker · Trash · Maintenance Grounds · Heat · Sewer · Taxes · Water

Disclosures

Property Disclosure

No

Coordinates: 49.160931, -123.167410 · Map data © Google

9.6

Hot Deal

Deal Score out of 10

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

Value vs market60% below market $/sqft
Days on market181 days — significantly stale, strong negotiation position
Price historyPrice dropped 9% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$186,707

6.6% below asking price

Negotiation Range

$181,707$189,707

$8,000 spread

$181,707$199,999 ask

Based on 13 recent sales, a starting offer around $186,707 (6.6% below ask) is reasonable. Your negotiation range is $181,707 – $189,707.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Price already reducedSeller dropped from 9% off original ask — indicates motivation
Extended market time181 days listed — well above market avg of 158 days, increased negotiation leverage

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

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