RARE DEVELOPMENT OPPORTUNITY IN WEST RICHMOND! Exceptional 10,642 sq.ft. rectangular lot with 67.7 ft frontage, directly beside Thompson Elementary Park. Potential to build TWO DETACHED HOMES with a combined floor area of approx. 5,846 sq.ft. (2,923 sq.ft. each). Each home could include a legal secondary suite, offering up to FOUR living units, subject to City approval. Existing home features 3 beds/2 baths upstairs and 3 beds/1 bath downstairs, with separate kitchens, generating nearly $5,000/month in rental income. Excellent holding property with outstanding redevelopment potential. Close to schools, shopping and transit. Build, invest or hold! Buyer to verify development potential with City of Richmond. School Catchment: Thompson Elementary & Burnett Secondary. (id:13843)
| MLS # | R3174035 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1953 |
| Days On Site | 12 |
| Listing Provided By | eXp Realty | Sarah Zhang |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,566 |
| Garage | 8 |
| Acreage | 0.24 |
| Property View | View |
| Heating | Hot Water |
|---|---|
| Appliances | All |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 8 |
| Tax Annual Amount | 6149.85 |
|---|---|
| Tax Year | 2025 |
| Province | BC |
|---|---|
| City | Richmond |
| Postal Code | V7C1T3 |
| Listing VS Median (in V7C1T3) | |
Price: $1,958,000 low | high Med: $2,319,000 sqft: 2,566 low | high Med: 3,360 $ / sqft: $763 low | high Med: $704 On site: 12 low | high Med: 20.5 | |
| Province | BC |
|---|---|
| City | Richmond |
| Postal Code | V7C1T3 |
| Listing VS Median (in V7C1T3) | |
Price: $1,958,000 low | high Med: $2,319,000 sqft: 2,566 low | high Med: 3,360 $ / sqft: $763 low | high Med: $704 On site: 12 low | high Med: 20.5 | |