8331 BROWNELL ROAD, Richmond
$1,499,000
This 9,311 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.
HUGE 9,302 sf lot steps away from Aberdeen Centre, Parker Place, Lansdowne Mall, and Aberdeen Station. Property sits within 800m of rapid transit, meaning up to 3.0FSR for new development, and potential rental income of $8,800/month in the meantime, or build your 4,000 sf dream home with a huge backyard - multiple other beautiful new homes across the street. Catchments: City Centre Elementary and MacNeill Secondary. Court-ordered sale. Property is sold on an ‘as is, where is’ basis without any representations or warranties. All offers are subject to Court approval.
How this price compares
This lot asks $161 per square foot of lot. That is 24% below the median of $212 across the 175 active lots VanPlex is showing in Richmond, and puts it 29 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
- $1,499,000
- Lot size
- 9,311 sqft
- Lot dimensions
- 66 x 141
- Frontage
- 66 ft
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- 1958
- MLS® area
- West Cambie
- MLS® number
- R3178206
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Listing data via MLS®. Displayed for information only.