4391 DEERFIELD CRESCENT, Richmond

$1,299,000

This 8,102 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.

Fantastic opportunity on a generous 8,102 sq. ft. lot offering exceptional flexibility for homeowners, investors and builders alike. Whether you’re looking to rent and hold, create your dream home, or explore the potential for multiple income-generating units, this property offers exciting possibilities. With RSM/L zoning, there is potential for a duplex or fourplex, subject to City approvals and requirements. Situated in a family-friendly neighbourhood in East Cambie, this 4-bedroom, 2.5-bathroom home offers 1,985 sq. ft. of living space and is conveniently located close to schools, shopping, parks, Cambie Community Centre and Vancouver International Airport, with easy access to Highways 99 and 91.

How this price compares

This lot asks $160 per square foot of lot. That is 26% below the median of $218 across the 188 active lots VanPlex is showing in Richmond, and puts it 25 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
$1,299,000
Lot size
8,102 sqft
Lot dimensions
60 x 134
Frontage
60 ft
Bedrooms
4
Bathrooms
3
Year built
1976
Zoning
RSM/L
MLS® area
East Cambie
MLS® number
R3167669

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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-09-21.