7851 BENNETT ROAD, Richmond

$2,699,000

This 8,898 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.

Builders & Developers ALERT! Great location with a LARGE LOT (8898 SF)! Great family home in the heart of central Richmond. 5 good size bedrooms with 2 full bathrooms. Over 2700 SF living space for your enjoyment. Bonus is potential for 8-story building development site if you assemble the neighbour sites. Zoning located within 400M of skytrain stn. (Please verify zoning, density, development potential, buildable area and all municipal requirements with City of Richmond). It is also ready for multiple townhomes development right away. DO NOT MISS OUT! Live in & hold or develop later! Property is within walking distance to school, new library, community center, public swimming pool. Shopping Centre and Skytrain in close proximity. Call Charles for details.

How this price compares

This lot asks $303 per square foot of lot. That is 43% above the median of $212 across the 175 active lots VanPlex is showing in Richmond, and puts it 158 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
$2,699,000
Lot size
8,898 sqft
Lot dimensions
66 x
Frontage
66 ft
Bedrooms
5
Bathrooms
2
Year built
1955
MLS® area
Brighouse South
MLS® number
R3176304

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Listing data via MLS®. Displayed for information only.