116 7240 LINDSAY ROAD

Richmond, British Columbia · Neighbourhood: Granville
C$198,000

Local Decision Guide

How should buyers evaluate 116 7240 LINDSAY ROAD?

Start by reading this listing in its Richmond Granville context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
116 7240 LINDSAY ROAD

Remarks

Bright south-facing ground-floor 1-bedroom home in sought-after Sussex Square. Enjoy a sunny and private patio/deck, perfect for outdoor living. Functional layout with spacious bedroom, cozy living area, updated flooring and bathroom, plus additional in-suite storage. Well-managed complex with major upgrades including windows, balconies, patio fencing, exterior, parking lot, and plumbing. Maintenance fee includes property tax, heat, and hot water. Leasehold title, no pets, rental allowed. Convenient location close to transit, elementary and high schools, Thompson Community Centre, shopping and all amenities. Maintenance fee includes heating, hot water, management fees and property taxes. The lease until 2087. OH: Sunday (May 31) 3-5pm (id:56153)

Property Details

Apartment
Building Type
1
Bedrooms
1
Bathrooms
1974
Year Built
52 years
Age
15
Days on Site
657 sqft
Interior Size
C$301
Price per Sqft

Complex Name: Sussex Square

Transaction: For sale

Status: active

Listing ID: 29788375 (R3126696)

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Site Context

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Property Summary

Price: C$198,000

PID: 008-290-989

Days on Site: 15 days

Added to BurnabyHouse: 2026-05-21

Updated on: 2026-06-01 09:06 AM PDT

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Lot info

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Schools

Donald E McKay Elementary ELEMENTARY
Public · School District 38
7360 Lombard Rd, Richmond, BC
Straight-line distance about 179.7 m
J N Burnett Secondary SECONDARY
Public · School District 38
5011 Granville Ave, Richmond, BC
Straight-line distance about 353.2 m
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
FreshCo
About 959.7 m away
6140 Blundell Road
Kins Farm Market
About 1.1 km away
Shopping Centres
Richmond School Board Facilities Services Centre
About 1.3 km away
5200 River Road, Richmond
Terra Nova Village
About 1.5 km away
Parks / Green Space
McKay Park
About 184.6 m away
Railway Granville Bike Park
About 262.2 m away
Richmond

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 01 Jun 2026 08:04:40 AM PDT

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