8331 BROWNELL ROAD, Richmond
$1,590,000
This 9,302 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.
Prime Richmond Development Lot | 9,300 sq ft | $8,800/Month Rental Income A 66' x 141', 9,300 sq ft south-facing lot near Aberdeen SkyTrain Station. Zoning supports up to 4,000 sq ft of interior buildable space. Existing home generates up to $8,800/month in rental income while you plan and permit. Centrally located near Supermarkets, Aberdeen Centre, and Yaohan Centre with quick access to Highway 99 and the Canada Line.
How this price compares
This lot asks $171 per square foot of lot. That is 21% below the median of $218 across the 188 active lots VanPlex is showing in Richmond, and puts it 37 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
- $1,590,000
- Lot size
- 9,302 sqft
- Lot dimensions
- 66 x 141
- Frontage
- 66 ft
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- 1958
- MLS® area
- West Cambie
- MLS® number
- R3108546
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Listing data via MLS®. Displayed for information only.