7151 FRANCIS ROAD, Richmond
$1,690,000
This 11,055 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 investors! Potential townhouse/duplex site. This property is located in a central area with easy access to schools and shopping. The lot is over 11,000 sq.ft. with good frontage. The real value of this property lies in its potential for development. With the lot size, it's possible to build a new home of up to 4500 sq.ft. This makes it an ideal location for townhouses or a large family home. Imagine the possibilities! Don't miss out on this fantastic investment opportunity. Contact us today to learn more and to schedule a viewing of the property.
How this price compares
This lot asks $153 per square foot of lot. That is 30% below the median of $218 across the 188 active lots VanPlex is showing in Richmond, and puts it 23 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
- $1,690,000
- Lot size
- 11,055 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1974
- Zoning
- RSM/L
- MLS® area
- Broadmoor
- MLS® number
- R3166621
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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-09-17.