FOR SALE investment opportunity
8040 BLUNDELL ROAD, RICHMOND 8080 NO. 3 ROAD, RICHMOND 8100 NO. 3 ROAD, RICHMOND
8000 NO. 3 ROAD
8100 NO. 3 ROAD
8080 NO. 3 ROAD
8040 BLUNDELL ROAD
NORTH
NICK YEUNG rennie & associates realty ltd.
RYANWONG PERSONAL REAL ESTATE CORPORATION rennie & associates realty ltd.
JORDANWONG rennie & associates realty ltd.
JASON LAI PERSONAL REAL ESTATE CORPORATION rennie & associates realty ltd.
investment opportunity FOR SALE
8000 NO. 3 ROAD
8040 BLUNDELL ROAD
8080 NO. 3 ROAD
8100 NO. 3 ROAD
SUBJECT PROPERTY 8040 Blundell Road, Richmond, BC 8080 No. 3 Road, Richmond, BC 8100 No. 3 Road, Richmond, BC LOCATION
ZONING 8040 Blundell Rd: RAM1 8080 No. 3 Rd: RS1/E 8100 No. 3 Rd: RS1/E LOT DIMENSIONS
Located along on the south east corner of Blundell Road and No. 3 Road, in the community of Broadmoor. 8040 Blundell Road is improved with one wood-frame free- standing wood frame condo consisting of 47 apartments over three-storeys. 8080 No. 3 Road and 8100 No. 3 Road are both improved with single family homes built in 1932 and 1960 respectively. MUNICIPALITY Richmond
Frontage on Blundell Rd: 168.2 feet Frontage on No. 3 Rd: 257.3 feet LOT SIZE (APPROX.): 8040 Blundell Rd: 60,600 SF or (1.39 Acres) 8080 No.3 Rd: 8,998 SF or (0.20 Acres) 8100 No.3 Rd: 8,998 SF or (0.20 Acres) Total: 78,596 SF or (1.80 Acres)
investment opportunity FOR SALE
8000 NO. 3 ROAD
8040 BLUNDELL ROAD
8080 NO. 3 ROAD
8100 NO. 3 ROAD
TOTAL BUILDABLE AREA (BASED ON 0.9 FAR): 70,736 SF STRATA LOTS: 8040 Blundell Rd: 47 units
OFFERING PROCESS: Prospective purchasers are invited to submit Offers to Purchase 8040 Blundell Rd, 8080 No. 3 Rd and 8100 No. 3 Rd Richmond, BC separately to rennie & associates realty through its designated agent(s) for consideration by the Vendors.
BC ASSESSMENT VALUE (2020): 8040 Blundell Rd: $14,426,300 8080 No. 3 Rd: $1,489,400 8100 No. 3 Rd: $1,487,500
ASKING PRICE: Please contact listing agents
YEAR BUILT: 8040 Blundell Rd – 1972
8080 No. 3 Rd – 1932 8100 No.3 Rd – 1960 AVERAGE UNIT SIZE: 902 SF 13 1-Bedroom, 33 2-Bedrooms, 1 Strata Office
site area
COMMUNITY CENTRE
RICHMOND CENTRE
MINORU AQUATIC CENTRE
CITY HALL
LIBRARY
RICHMOND SECONDARY SCHOOL
GENERAL CURRIE ELEMENTARY
SUBJECT PROPERTIES 8040 Blundell Rd
GARDEN CITY SHOPPING CENTRE
BLUNDELL RD
FERRIS ELEMENTARY SCHOOL
RC PALMER SECONDARY
THE AREA Richmond is just 25 minutes south of downtown Vancouver and 25 minutes north of the United States border. The fourth largest city in BC, Richmond is a city of stunning mountain vistas, beautiful waterfront sunsets and vibrant urban living. Richmond has been experiencing growth and change with remarkable speed, transforming from a rural, local community to an international city with a balance of urban, sub-urban family, and rural areas. The continuing development of the City’s downtown core and waterfront areas, and the Canada Line rapid transit system as well as the legacy of the Richmond Olympic Oval ensures that Richmond’s transformation is ongoing.
zoning & land use:
The subject property at 8040 Blundell Road is located in the Broadmoor Planning Area and is currently designated as RAM1. Under this zoning, the City of Richmond allows Medium Density Low Rise Apartments (4 to 5 storey apartments) outside the City Centre. The development opportunity is unique with the subject property falling on the border of the City Centre Area Plan which may promote a higher density through a comprehensive rezoning application. Permitted Densities under the current zoning of RAM1 is as follows:
8.11.4 Permitted Density 1. For apartment housing and town housing zoned RAM1, the maximum floor ratio is:
a) 0.60 for the first 3,000.0m₂ of lot area; b) 0.9 for the next 6,000.0 m₂ of lot area; and c) 1.2 for portions of the lot area over 9,000.0 m₂ together with an additional 0.1 floor area ratio provided that it is entirely used to accommodate amenity space. The adjacent property at 8080 No.3 Road falls under the City of Richmond’s ‘Arterial Road Townhomes Land Use Policy’, however is intended to form part of the consolidation with 8040 Blundell Road and to be considered through rezoning.
OFFICIAL COMMUNITY PLAN KEY MAP KEY MAP
Bylaw 7406 2002/10/21
8040 BLUNDELL ROAD
DEVELOPMENT PERMIT AREA MAP
Source: City of Richmond, Official Community Plan, Broadmoor Planning Area.
site photos
rennie & associates realty ltd. 51 East Pender Street Vancouver, BC V6A 1S9 604.681.8898 rennie.com
Jason Lai Personal Real Estate Corporation jlai@rennie.com rennie.com/jasonlai 778.996.1788
Nick Yeung Real Estate Advisor
Ryan Wong Personal Real Estate Corporation rwong@rennie.com rennie.com/ryanwong 604.551.7966
Jordan Wong Real Estate Advisor jwong@rennie.com rennie.com/jordanwong 778.378.6888
nyeung@rennie.com rennie.com/nickyeung 604.782.8186
Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7Made with FlippingBook - professional solution for displaying marketing and sales documents online