8660 FAIRFAX CRESCENT, Richmond

$1,988,000

This 10,583 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.

A unique opportunity in a quiet and highly desirable West Richmond neighbourhood, offering both a well-kept custom home and excellent long-term redevelopment potential on a 10,583 sq. ft. lot. The existing residence has been carefully maintained and enhanced with numerous additions over the years, including a private backyard with a swimming pool and peaceful winter garden. Surrounded by mature landscaping and established homes, the property presents an excellent opportunity to enjoy the home today while considering a future custom build. Located steps away from the West Dyke and scenic waterfront trails, the neighbourhood offers beautiful natural surroundings and convenient access throughout Richmond. An exceptional property combining lifestyle, location, and future potential.

How this price compares

This lot asks $188 per square foot of lot. That is 14% below the median of $218 across the 191 active lots VanPlex is showing in Richmond, and puts it 56 of 191 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
$1,988,000
Lot size
10,583 sqft
Lot dimensions
0 x 0.00
Frontage
0 ft
Bedrooms
4
Bathrooms
2
Year built
1961
Zoning
RSM/L
MLS® area
Seafair
MLS® number
R3154688

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Listing data via MLS®. Displayed for information only. Zoning RSM/L stamped from the city record on 2026-08-11.