10411 STEVESTON HIGHWAY, Richmond
$2,280,000
This 11,139 sqft property in Richmond is a detached single-family home on a lot the new rules make suitable for a multiplex. Richmond applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Richmond's flat, regular lots often make the layout simpler than in hillier cities.
Exceptional investment opportunity in the desirable McNair neighborhood! Situated on a generous 11,139 sq. ft. south-facing lot, this three-level property features 8 bedrooms, 4 bathrooms, 3 kitchens, and parking for up to 10 vehicles. Currently tenanted, it offers excellent rental income and strong investment potential. Future possibilities include a four-unit multifamily development or a potential townhouse project in collaboration with neighbouring property owners. A rare opportunity to own a versatile income-producing property in a sought-after Richmond neighbourhood, combining a prime McNair location, attractive rental returns, and exciting redevelopment potential! Book your private showing today!
How this price compares
This lot asks $205 per square foot of lot. That is 3% below the median of $212 across the 175 active lots VanPlex is showing in Richmond, and puts it 78 of 175 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $2,280,000
- Lot size
- 11,139 sqft
- Lot dimensions
- 61 x 182.60
- Frontage
- 61 ft
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- 1920
- Zoning
- RSM/L
- MLS® area
- McNair
- MLS® number
- R3177496
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-10-22.