3871 RICHMOND STREET, Richmond
$2,548,000
This 8,640 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.
Attention builders, developers and investors. Large subdividable double building lot in Steveston Village. Excellent location, only steps to all the shops and restaurants of bustling Steveston. This 8640 sq ft lot has great potential as it is bigger than the standard 7000 to 7900 sq ft double lot in the Village. After subdivision two homes approx 2375 sqft can be built but check with the city for subdivision plans. A total of 6 beds and 4 baths 3,344 sqft of living space. Excellent holding property with an updated traditional 4 bed, 2 bath side split with a large 2 bed, 2 bath, 2 level suite added in 1989. 24ft by 22ft stand alone double garage. Call today to book your private viewing.
How this price compares
This lot asks $295 per square foot of lot. That is 36% above the median of $218 across the 188 active lots VanPlex is showing in Richmond, and puts it 162 of 188 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
- $2,548,000
- Lot size
- 8,640 sqft
- Lot dimensions
- 72 x 120
- Frontage
- 72 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1955
- MLS® area
- Steveston Village
- MLS® number
- R3109569
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Listing data via MLS®. Displayed for information only.