8140 LUCAS ROAD, Richmond

$2,399,000

This 17,021 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.

** INVESTOR ALERT ** Upstairs 4-bedroom can rent +/- $2700 plus downstairs 1-bed w separate entrance can rent +/- $1300. Build up to a 7,000 square ft mansion or build up to 6 individual units on this massive 17,000 SF LOT. Each one with its own PID#. Zoning is RSM/L (Small-Scale Multi-Unit Housing) permits construction of 3 to 6 dwelling units. Allows property owners to build multiplexes, row homes, or detached suites up to 2.5 storeys (max 9 to 10m / 30 to 33ft tall). FULL DETAILS such as development rules, density, yards, setbacks, lot coverage, floor area ratio, parking, landscaping, permitted height and lot coverage are available upon request and are also attached to this listing. 3 BUILDING EXAMPLES are included in the PDF files provided.

How this price compares

This lot asks $141 per square foot of lot. That is 33% below the median of $212 across the 175 active lots VanPlex is showing in Richmond, and puts it 21 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: $2,399,000
Lot size: 17,021 sqft
Lot dimensions: 55 x
Frontage: 55 ft
Bedrooms: 5
Bathrooms: 3
Year built: 1956
Zoning: RSM/L
MLS® area: Garden City
MLS® number: R3153024

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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-08-05.