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5700 Cedarbridge Way

Richmond, BC

$14,000,000

Townhome │ — PSF

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SUBJECT PROPERTIES 5700 Cedarbridge Way, Richmond, BC LOCATION The opportunity is located in the community of Brighouse in Richmond City Centre, on the southeast corner of Cedarbridge Way and Lansdowne Road. PROPERTY DETAILS The property is improved with one multi-tenant industrial building. The building contains a total gross floor area of approximately 25,000 square feet, including 3,500 square feet of mezzanine office space. The building has been constructed using a structural wood frame with concrete block walls, with stucco and wood siding fi nishes. The building has a clear height of 18 feet and is serviced by six drive-in doors. MUNICIPALITY Richmond ZONING IR-1 LOT AREA APPROX. 36,382.02 SF or 0.84 acres Frontage on Cedarbridge Way: 200 feet Frontage on Lansdowne Road: 182 feet BC ASSESSMENT VALUE (2019) $15,759,700 ANNUAL INCOME $277,235 (est. 2019) YEAR BUILT 1972

Listed By

Jason Lai

Personal Real Estate Corporation

778.996.1788

jlai@rennie.com

Visit My Website

Property Details

Property Type	Multifamily	Property Style	—
Main Level SF	—	Year Built	—
Floor Levels	—	Total SF	—
Lot Area	—	Taxes	—
Storeys	—	Basement Area	—
Land Title	—	Frontage	—
Depth	—	Views	—
Site Influences	—	Listed By	—

5700 Cedarbridge Way is in the Brighouse Neighbourhood

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Brighouse Overview

Brighouse is part of Richmond and is 12.4 km from Downtown Vancouver and 3.5 km from the Vancouver International Airport. There are 4 schools in Brighouse including William Cook Elementary, Station Stretch, and Maple Leaf School - KPU.

There are currently 295 homes for sale in Brighouse made up of condos, townhomes and houses with an average list price of $1,242,903. An average Condo in Brighouse has 2 bedrooms, is 958 SF and lists for $850,806. Condo prices range from $269,000 - $1,899,000.

Market Summary

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Market Insights for Townhomes

Last updated August 19, 2022 at 11:08pm UTC

Average Sale Price

Price / SF

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Average sale price of homes that sold over the previous 30 days.

Neighbourhood Sales Summary

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All summary data are based on an average of the past 30 days of homes sales (where data were available).

5700 Cedarbridge Way

NEIGHBOURHOOD AVG

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Neighbourhood Price Trend

Last 12 Months

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Average sold prices in the prescribed period (month or year). For the most recent period, averages are year-to-date (or month-to-date). For example, a May 2019 query would display the average year-to-date sale prices for 2019 compared to full-year annual averages for previous years. Similarly, the monthly data for a query on May 21st, 2019 would display the average month-to-date sale prices for May 2019 versus full-month averages for previous months.

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Interested in more information?

Jason Lai Personal Real Estate Corporation

778.996.1788

‮mnullonullcnull.nullenullinullnnullnnullenullrnull@nullinullanulllnulljnull‭ Visit my website

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